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Australian Retail Outlook 2023: Paradigm shifts and fresh perspectives

Inside Retail

Some went without products in many non-essential categories altogether, others deferred large purchases. Within weeks of the Russian invasion of Ukraine, numerous global brands, including H&M – the parent of Zara and a collection of other brands – and Estée Lauder shut up shop in Russia.

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Akeneo Named Overall Ventana Research Value Index Leader in Product eXperience Management Research

Retail Focus

Akeneo , the product experience company, is pleased to announce that it has been recognised by Ventana Research , an independent market research and technology advisory services firm, as a Value Index Leader in the 2023 Product Experience Management (PXM) Value Index. To learn more about Akeneo, please visit www.akeneo.com.

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Five key takeaways from LVMH, M&S and others at the World Retail Congress

Inside Retail

To give you an idea, the guest list included: John Lewis Partnership chair Dame Sharon White; Primark CEO Paul Marchant; Ingka Centres (owners of Ikea) managing director Cindy Andersen; Uber co-founder Oscar Salazar; Woolworths Holdings CEO Roy Bagattini; Bluebell president and CEO Ashley Micklewright; and Frasers Group CEO Michael Murray.

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Listen up, first-time managers: Here’s what you probably don’t know yet

Inside Retail

It is assumed that when people move from a ‘doing’ role to a ‘managing’ role, they will know what they need to do and that they will ‘pick up’ how to lead as they go along. Are you new to managing a team, and wondering why it’s harder than you expected? The relationships with your team can change. Hard versus soft skills.

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From product to practices: how fashion “sustainability” is finding its natural place in brand management practices.

Retail Focus

They changed their perspective by doing business by including clients in their practices. From a brand perspective, sustainability was a challenge: being able to deliver a profitable business while considering environmental, economic, and social resources for present and future generations.

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Five leadership tips from entrepreneurs

Inside Retail

It can be easy to compare ourselves with others seemingly ten steps ahead in business, or to make the mistake of believing success came quickly or easily. The invaluable insights gleaned from others in business, that when put in practice can help you upgrade your everyday habits and significantly impact you are worth their weight in gold.

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6 Store Inspection Mistakes District Managers Make When Auditing Retail Stores

Compliantia

One of the best ways to prevent this is for district managers to conduct better store inspections. It’s also helpful to be aware of the common mistakes that managers make when auditing stores. The following paragraphs outline the top 6 errors made by district managers when inspecting retail locations. Let’s get started.