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

Retail TouchPoints

The True Creators Program is designed to provide several emerging designers with the resources, from manufacturing to materials and marketing support, to craft and launch limited collections for the brand. Starting as a Senior Designer in 2006, he worked his way up to VP of Innovation before he left the company in 2017. said Wells.

Fashion 245
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Aiwa brand up for auction, its parent bankrupt

Inside Retail

Sony tried to revive the brand as a youth-focused subsidiary but after three years gave up and the brand was effectively shelved in 2006 until US company Hale Devices was granted the brand name in 2015. Listed on the Tokyo Stock Exchange from 1961 it lost profitability in the late 1990s and was taken over and delisted by Sony in 2003.

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

Retail TouchPoints

billion in annual operating profits, accounting for approximately 63% of the entire company’s operating profits for the year. The division closed out 2020 with more than $13.5 With those numbers, the Jassy appointment starts to make a lot of sense.

Checkout 329
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Why Ksubi CEO Craig King reads a book a fortnight, and says you should too

Inside Retail

When I was about 28, my girlfriend’s best friend was dating a guy who was reasonably famous from a marketing perspective. By the time I was 35, I felt fairly polished in accountancy, P&Ls, human resources – areas I would have to be good at. I landed the job of GM at General Pants in 2006, and then in 2010, I became CEO.

Boutique 246
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The Case For Subscription Service In CPG

Retail TouchPoints

On average , large CPG companies have shares in physical stores that are 5%-10% higher than online market shares. The costs, as a percentage of net sales, for CPGs to serve their retail partners has been rising by an average of 40 basis points since 2006. The Next Big Move For CPGs: Going DTC.

Consumer 279
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Sustainable packaging and food safety – what you need to know

Inside Retail

In Australia, compostable packaging is fast gaining interest and uptake, however is still only accounting for around 0.1% of plastic packaging in the market. For an item to be considered ‘compostable’ it must be certified to the Australian Standard AS 4736:2006.

Consumer 246