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Aesop CEO Michael O’Keeffe to depart after more than 20 years

Inside Retail

Brazilian company Natura & Co acquired a 65 per cent interest in the brand in 2012 for US$71.6 Under O’Keeffe’s leadership, Aesop’s sales surged more than 300 times, secured a B Corp certification, and established the Aesop Foundation. Aesop was founded by Melbourne hairdresser Dennis Paphitis in 1987.

Fashion 264
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Justice Department Accuses Walgreens of Dispensing ‘Millions’ of Illegal Opioid Prescriptions

Retail TouchPoints

17, alleges that from approximately August 2012 through the present, Walgreens knowingly filled millions of prescriptions for controlled substances that lacked a legitimate medical purpose, were not valid, and/or were not issued in the usual course of professional practice, according to a Justice Department press release.

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McDonald’s Australia CEO resigns, new boss announced

Inside Retail

Chiczewski joined McDonalds in 2012, and has held several roles in strategy, finance, and operations. Stepping up to the dual role, Joe Chiczewski, McDonalds Australias chief restaurant officer who will transition into the leadership position over the coming weeks.

Finance 226
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How Gen AI is Helping Brands Handle the ‘Relentless Demand’ for Visual Content

Retail TouchPoints

AI is actually quite an old concept, and machine learning has been around for decades — even Cloudinary’s experiences have been proudly AI-driven since our inception in 2012,” said Hsueh. But the growth we’ve seen in AI in the last year shows that this time it’s different.

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Wonder Buys Media Company Tastemade for $90 Million

Retail TouchPoints

This latest deal will provide Wonder with a content studio that has been producing both short- and long-form food and cooking videos since 2012. Walmart in February 2024 , and in March 2024 Wonder raised $700 million and announced plans to operate 90 physical locations by the end of 2025.

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As Gen Z Enters Prime Spending Years, Brands Sharpen Their Pitch

Retail TouchPoints

They’re Gen Z, born between 1997 and 2012 and comprising 20.69% of the U.S. population — just a bit fewer than Baby Boomers ( 20.93% ) and the largest current group, millennials ( 21.71% ), according to Statista. That’s approximately 67 million people in the U.S. alone — an enormous, and increasingly powerful, consumer group.

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How Parachute’s consistent marketing and quality designs won over millennials

Inside Retail

While helping her friends decorate their first apartments in New York back in 2012, Kaye began to explore the different home goods brands that were out there and saw that there was a much left to be desired design-wise.

Marketing 244