Remove tag ownership
article thumbnail

PetO to triple revenue after acquiring PetStock from Woolworths

Inside Retail

To reflect this divestiture, Woolworths’ purchase price of the 55 per cent stake in PetStock would be expected to be around $438 million, down from the initial price tag of $586 million. “Australia is right now experiencing record levels of pet ownership and increased demand for pet products,” he continued.

Expansion 246
article thumbnail

How Nike’s AR hoodie brings the metaverse closer to the street

Inside Retail

Embedded within the RTFKT x Nike AR Hoodie is a near-field communication (NFC) tag. Owners of the hoodie will be able to scan the NFC tag with their smartphone and access the digital asset directly. We’re starting to see NFC tags emerge more in apparel. The tech connecting worlds. 86 Ethereum (about $1700).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

R.M. Williams crafts quality and service from people and tech

Inside Retail

Williams since Tattarang, the private investment company owned by mining magnates Andrew and Nicola Forrest, acquired the business from L Catterton in 2020, returning the bootmaker to full Australian ownership for the first time since 2013. The focus on personal service can further be seen on the iconic tag attached to every pair of R.M.

Location 262
article thumbnail

Opinion: Is the pandemic pet boom sustainable?

Inside Retail

A late 2020 Japan Pet Food Association survey found a 15 per cent increase in Japan’s dog and cat ownership compared with the previous year. Petstock offer pet ID tags and fish tank water testing, where PetBarn has a network of GreenCross Vets (PetCircle has also expanded its vet roster), petsitters and insurance.

Gifts 246
article thumbnail

What’s driving the explosion of Australian retail acquisitions?

Inside Retail

Williams from US-based private equity giant L Catterton with reports of a $190 million deal in 2020, bringing the brand back under Australian ownership. It was about finding the right equilibrium between preserving the past and securing a thriving future under new ownership,” she explained.

article thumbnail

Why Chloé’s new team-up with Vestiaire Collective is so innovative

Inside Retail

Products within the Chloé Vertical range are equipped with an NFC tag or QR code for consumers to scan, which automatically opens the Digital ID page for consumers to view details such as the product’s traceability, the ownership certificate, care and repair, and sustainability information.

Fashion 130
article thumbnail

It’s time for businesses to change the way they think about failure

Inside Retail

He wanted to help others take ownership over their mistakes instead of downplaying or hiding them. If by sharing something that’s not working – or didn’t work – I’m going to get fired or tagged as unpromotable, I’m going to hide information and become political. Thus, in 2012, the first Fuckup Night was born.