From the author
Online drives H&M profit recovery – but sales still lag pre-Covid era
In what the Stockholm-headquartered fast-fashion retailer described as a “strong recovery” H&M increased its net profit ...
Restaurant Brands sales exceed $1 billion, despite Covid-19 impact
Strong contribution from new California business helps listed operator reach target milestone.
Supply-chain snarls eat into Kogan’s bottom line
The impact of stock shortages and other business interruptions due to the pandemic marred an otherwise strong quarter.
Four-month-old grocery startup Milkrun raises $75 million
Founder sees huge potential in Sydney market and will soon expand into Melbourne.
Burberry’s focus on younger customers is paying off
Luxury brand reports a 26-per-cent lift in sales of goods at full-price in the latest quarter.
B2B marketplace TradeSquare secures $28m funding from US investor
New York-headquartered Tiger specialises in the digital sector and was a key investor in the Australian consumer marketp...
Australia Post names new retail divisional chief
Former McDonald’s Australia CEO Catriona Noble has been named as the head of Australia Post’s retail business.
AFGC demands consistent, nationwide rules on Covid close contacts
Workforce reductions are running as high as 40 per cent among companies trying to maintain the supply of essential items...
My Foodie Box raises $6 million in IPO, plans expansion
From its launch in 2019, My Foodie Box has grown to more than 1650 subscribers and delivers around 1000 boxes per week.
Meta’s Facebook pockets stolen cash in Ads scam, leaving vendors fleeced
In a sophisticated Facebook Ads scam, hackers are taking over legitimate accounts and launching retail campaigns selling...
Voly to expand beyond Sydney after $18 million seed funding round
Founders promise to disrupt retail sector that offers “some of the slowest delivery times in the world”.
Chanel appoints Unilever executive Leena Nair as global CEO
French luxury group Chanel has selected an outsider to head the company, appointing a long-serving Unilever executive to...
NSW ‘to hit the underground’ to catch wayward liquor-delivery services
“We will be testing those requirements – just like a minor or intoxicated person might do – to make sure that the legisl...
Miniso continues to post strong growth as Covid’s impact eases
Part of the growth rate has been attributed to the company’s development of new retail channels, including Top Toy store...
Unilever sells 34 tea brands – including T2 – to private-equity investor
Decision to sell Ekaterra division frees Anglo-Dutch FMCG giant to focus on "higher-growth spaces".
Dan Murphy’s launches dedicated gifting hub online
Liquor chain Dan Murphy’s has launched an online gifting hub, specialising in hampers and a bespoke wine collection, liv...
Soft-plastics recycling gets boost as IQ Renew and RedCycle team up
Two Australian recycling companies – IQ Renew and RedCycle – have partnered to boost recovery and recycling of soft plas...
Foot Locker promises strong growth for Atmos as takeover completed
US-headquartered athletics retailer Foot Locker has completed its US$360 million acquisition of digital-first Japanese s...
Australian online sales tipped to reach $91.5 billion in 2025
Australia’s e-commerce market is projected to reach $91.5 billion in 2025, according to research house GlobalData.
Collins Foods snaps up more Dutch KFC stores
Deal follows the sealing of a corporate franchise agreement earlier this month.
Events
