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Booktopia founder and director Tony Nash has been named executive director and will assume the sales director role for the next six months – a move announced at the same time as David Nenke’s departure as CEO after a year in the role. Booktopia chairman Peter Gerorge will assume the role of executive chairman and will take on full operational responsibilities for the next six months while a search begins for a new CEO.
Jewellery chain Lovisa has appointed John Cheston as its new CEO and MD, effective June 4 next year. The retailer, owned by Australian billionaire Brett Blundy, has also announced its current CEO Victor Herrero has agreed to an amended employment contract through to the end of next May. “John is a highly successful Global retailer and will join Lovisa at a very exciting time as we continue our global growth,” Blundy said in a statement.
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Retailers are wary of higher costs of doing business after the Fair Work Commission declared a 3.75 per cent increase in modern award rates on top of the scheduled 0.5 per cent increase in Superannuation Guarantee Rate. The increase will result in 4.25 per cent higher wages for staff of some businesses, effective July 1. “With discretionary spending slowing and operating costs rising across the board, wage increases without productivity improvements place businesses, particularly small bus
Online fashion firm Shein is preparing to file a prospectus with Britain’s Financial Conduct Authority for approval ahead of a potential London float which could value it around US$63.70 billion, Sky News reported on Sunday. The confidential filing could take place as soon as the coming week, the report added, citing sources. Chinese-founded Shein did not immediately respond to a Reuters request for comment.
Online fashion firm Shein is preparing to file a prospectus with Britain’s Financial Conduct Authority for approval ahead of a potential London float which could value it around US$63.70 billion, Sky News reported on Sunday. The confidential filing could take place as soon as the coming week, the report added, citing sources. Chinese-founded Shein did not immediately respond to a Reuters request for comment.
Employee engagement is the Holy Grail that most employers are searching for in order to have everyone in the team working to their full potential – contributing to a productive workforce, delivering meaningful outcomes, creating a happier workplace, and delivering a better bottom line. Sadly, the statistics aren’t great. If we look at 2022 data from Gallup (the global authority on all things related to employee engagement), only 23 per cent of our workforce accounts for engaged employees.
Saudi Aramco, the world's largest oil company by daily crude production and market capitalization, launched a substantial secondary public offering on Sunday, aiming to raise around $12 billion.
Very Group owner the Barclay brothers have been told to “lower their expectations” on their hunt for a buyer for the retailer. The brothers put the online department store up for sale earlier this year in a bid to tackle its mounting debts. It is understood the Barclays have agree to offload the entire Very Group business or a stake in it. Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning The group, which owns very.co.uk and litt
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Each week, I read many customer service and customer experience articles from various resources. Here are my top five picks from last week. I have added my comments about each article and would like to hear what you think too. The Secret to Dealing With Awkward Customers by Call Centre Helper (Call Centre Helper) Let’s talk about awkward customers… You know, the ones that make you seriously think that some people aren’t worth doing business with!
Kathleen McLaughlin, executive vice president and chief sustainability officer at Walmart, tells this week’s Video Forum about the retailer’s commitment to being a regenerative company. She also discusses the milestone reached by Project Gigaton, Walmart’s drive to achieve zero carbon emissions by 2040, and why what’s good for the environment is also good for business.
Shein is to file a confidential prospectus with the City regulator this month as it inches closer to launching its initial public offering. The online fashion giant is preparing to file a prospectus with the Financial Conduct Authority as it seeks approval for a London listing, Sky News reported. City sources said the filing could take place as soon as this week, or take place later this month.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
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