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How Nana Judy founder started a $30m streetwear brand at 19 years old

Inside Retail

After starting Nana Judy at just 19 years old, founder and CEO Glenn Coleman has turned the business into an internationally recognised streetwear brand, with annual revenue exceeding $30 million. So he sold his car, emptied his savings account and named the business after his great-grandmother’s dalmatian.

ATS 246
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The Body Shop Australia facing ‘cashflow crisis’

Inside Retail

The Guardian has quoted sources explaining that the money earned by the key overseas businesses during the peak trading period in November and December was paid into a global account, based in the UK – “a practice termed ‘cash pooling’”. As a result, global subsidiaries are struggling to pay suppliers for services rendered during that peak.

Shopping 290
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Why Retailers Need Cloud-Native Payment Orchestration: 5 Tips to Flexible, Scalable, Customized Payment Infrastructure

Retail TouchPoints

Meanwhile, the payment team is frustrated, accounting can’t scale efficiently under the demand to reconcile reports, and the retailer’s developer can’t stick everything together. Deploying these new payment types will cause very little friction to backend accounts and fulfillment teams. 4) Scale for Simplicity.

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How the Y2K Revival is Expanding True Religion’s Shopper Community

Retail TouchPoints

Starting as a Senior Designer in 2006, he worked his way up to VP of Innovation before he left the company in 2017. As a result, Wells had to “rethink the way [I] looked at the world and worked with generations.” By the end of this year, the brand anticipates that the mobile app will account for 10% of total ecommerce sales.

Fashion 278
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How (and Why) Amazon is Sharing its Tech with Retailers Around the World

Retail TouchPoints

Call centers at Morrisons and Petco ? The way Tom Litchford, Head of Worldwide, Retail at AWS sees it, it’s not about competition at all, but rather advancing the retail industry as a whole. billion in annual operating profits, accounting for approximately 63% of the entire company’s operating profits for the year.

Checkout 331
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Amazon is Moving Beyond its Own Walls Like Never Before…What Will it Mean for Retail?

Retail TouchPoints

However, Amazon is slowly but surely changing that; in fact, very soon, Amazon and its services are going to be showing up in a lot more places that aren’t Amazon — Google, TikTok, DTC websites and even at ports and along freight lines (although the Amazon branding will likely be less prominent in those latter locations).

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The Case For Subscription Service In CPG

Retail TouchPoints

Most physical retail channels look at profitability across the brand, but Amazon is focused at an individual product level — and products which Cannot Realize any Profit (CRaP) are delisted from the platform. In fact, this category of subscription has the highest conversion, at 65%. The Next Big Move For CPGs: Going DTC.

Consumer 290