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Temple & Webster Profits Climb as Online Growth Continues

Online retailer, Temple & Webster, is reporting a 'record year' for revenue, customers and profit in its full-year results. The growth is underpinned by the increase in repeat customers and the ongoing development of e-commerce.

Power Retail By Power Retail | 27 Jul 2021
City Chic Acquires European Plus-Size Online Marketplace

City Chic has acquired 100 percent of the shares of European plus-size online marketplace, Navabi, for $9.6 million. This acquisition includes all assets and liabilities of the company.

Power Retail By Power Retail | 26 Jul 2021
Online Fashion Giant, Rent the Runway, Confidentially Files IPO

Rent the Runway is announcing its confidential IPO listing on the Securities and Exchange Commission (SEC). 

Power Retail By Power Retail | 21 Jul 2021
humm Appoints New CFO as Net Profits Increases 121%

BNPL provider, hummgroup, is reporting 'continuing momentum' in its unaudited Q4FY21 update, with a 57 percent increase in its quarterly volume growth.

Power Retail By Power Retail | 19 Jul 2021
Inside ASOS and Nordstrom's Surprising Partnership

Topshop's days are far from over if retailers ASOS and Nordstrom have anything to do with it, thanks to this new collaboration.

Ally Feiam By Ally Feiam | 13 Jul 2021
THE ICONIC Increases its Speedy Delivery to Saturdays

THE ICONIC is taking its role seriously as the leader for speedy delivery. The online retailer is introducing same-day Saturday twilight delivery, but there's a catch. 

Power Retail By Power Retail | 08 Jul 2021
Premier Increases Myer Stake, 'Bitterly Disappointed' in Retailer's Performance

Premier Investments has shared its 'bitter disappointment' in Myer as it acquired a further 41.1 million shares at $0.40 a share. This gives it an overall effective stake of 15.77 percent. 

Ally Feiam By Ally Feiam | 06 Jul 2021
Cettire Enters Kid's Market, Share Prices Increase 6.8%

Cettire (ASX:CTT), the luxury Australian online retailer, is entering the children's market, increasing its share price by 6.82 percent.

Ally Feiam By Ally Feiam | 02 Jul 2021
Honey Birdette Acquired for $333 Million by PLBY Group

The Australian lingerie brand, Honey Birdette, has been acquired by PLBY Group for USD $333 million, to help expand both brands across the US, Europe and Australia.

Power Retail By Power Retail | 30 Jun 2021
Kathmandu Warns of Potential Profit Slip as States Enter Lockdown

Kathmandu is forecasting a cut in its profits as lockdown measures affect almost every state in Australia.

Power Retail By Power Retail | 29 Jun 2021
Wix Acquires Modalyst to Expand its E-Com Capabilities

In an effort to extend its e-commerce offering, the website builder Wix is acquiring dropshipping platform, Modalyst.

Power Retail By Power Retail | 29 Jun 2021
Former Coca-Cola MD Appointed to the Board of Wesfarmers

Alison Watkins, the former Coca-Cola Amatil Group Managing Director has been appointed to the Board for Wesfarmers.

Power Retail By Power Retail | 25 Jun 2021