This Month
- Opinion
- Mergers & acquisitions
Adore Beauty acquisition is a great deal … for the other company
Adore Beauty’s $25m purchase of Aussie brand Ikou doesn’t come cheap, and poses questions about whether it has overpaid, and used up too much of its cash.
- Adir Shiffman
June
- Opinion
- Chanticleer
Cettire’s 50pc crash a story of life in the fast lane
Cettire founder Dean Mintz will push on; that’s what founders do. While he looks at China, the capital markets game rages.
- Anthony Macdonald
Online shopping has become a giant fake-product machine
TikTok is better than any other digital platform for turning cult favourites into global bestsellers – and making counterfeiters money.
- Amanda Mull
- Updated
- Payments
RBA flags BNPL fee crackdown in broader probe into credit cards
The central bank’s head of payments says it will launch a review of regulations as soon as it is handed the power to do so under new legislation in parliament.
- Updated
- James Eyers
Sleeping Duck wins court battle with biggest investor
Venture capitalist Adir Shiffman had alleged the mattress retailer had sidelined him from the business. The Supreme Court of Victoria threw out the case.
- Tess Bennett
Apple to drive iPhone users towards buy now, pay later loans
The global technology giant will upgrade Apple Pay to bring buy now, pay later-style payment options to the point of sale. ANZ is the first major bank to join up.
- James Eyers
Retail’s secret solution to the problem of endless returns
“Just keep it” refunds are now common in the United States, where the annual retail value of wrong-sized or unwanted goods is almost $US1 trillion.
- Joe Miller
May
PetO snares stores from Woolworths-backed pet group
The supermarket giant’s long-running process to buy PETstock completed the last competition hurdle with privately held PetO swooping in to acquire some sites.
- Carrie LaFrenz
Membership crackdown could hurt Kogan.com’s ‘north star’
Investors are betting regulation changes to lucrative membership programs will hurt the retailer’s major profit driver at a time earnings are already under pressure.
- Carrie LaFrenz and Tom Richardson
Prezzee co-founder quits Shaun Bonett-owned gift card company
Claire Morris is leaving the group, and resigning as its brand ambassador. It follows a string of senior executive departures in the last 18 months.
- Primrose Riordan
Cettire founder makes rare appearance to talk up retailer’s growth
The luxury goods marketplace has been under considerable investor pressure with questions over some of the company’s duty and tax payment practices.
- Carrie LaFrenz
Why Kogan stops interviews with marathon runners to hire them
BOSS sat down with Kogan.com founder Ruslan Kogan just as his share price collapsed by 30 per cent.
- Patrick Durkin
April
One of Cettire’s most prominent backers has sold out entirely
LHC Capital was talking up the ASX-listed luxury retail platform’s prospects a few months ago. Now it has told investors it has sold out.
- Joshua Peach
How Amazon wasted a decade trying to reinvent the supermarket
The online shopping behemoth simply failed to make the technology cheaper than a conventional store.
- James Titcomb and Hannah Boland
Cettire admits to tax queries from Texas authorities
But it says that the issue has been resolved. The luxury fashion marketplace has since March been under intense investor scrutiny over its business model.
- Jonathan Shapiro and Carrie LaFrenz
Beauty brand Etto taps Lempriere Wells for convertible notes raise
Etto is open to a convertible note or equity raise, and will look to upsize to $3 million if the right investor comes along.
- Sarah Thompson, Kanika Sood and Emma Rapaport
March
Zimmermann sales climb above $500m, new accounts show
The luxury women’s fashion brand was acquired by Advent International in a deal that valued the company at up to $1.75 billion in August.
- Carrie LaFrenz
Booktopia vows to do anything to stay afloat
The boss of the book retailer says all options are on the table in a strategic review hastened by a disastrous share price performance.
- Paul Smith
- Updated
- Retail
Cettire overhauls duties and returns policy to allay wary investors
The company will no longer disclose what customs charges are owed on goods at its online luxury marketplace, and has streamlined other customer features.
- Carrie LaFrenz and Jonathan Shapiro
- Exclusive
- E-commerce
From nothing to $1b: Inside Temu and Shein’s flying start in Australia
The fast fashion group and Temu, an ultra-cheap marketplace, are rewriting the rules of retailing as shoppers flock to their low-cost platforms.
- Nick Bonyhady and Carrie LaFrenz