Reporting and analysis on retail, e-commerce, and consumer trends in Australia, updated continuously by our newsroom.
Singtel and its wholly-owned Australian subsidiary Optus have completed a 5G augmented reality video call between Singapore and Australia as part of their preparations for the introduction of the next generation mobile technology. The joint trial was…
Australia’s Telstra has used this week’s Mobile World Congress to announce a partnership with Commonwealth Bank of Australia And Ericsson to trial 5G edge computing technologies in the financial services sector. The three-way collaboration will involve…
The Australian dollar has fallen against its US counterpart Tuesday, buying 70.91 US cents from Monday’s 71.11 US cents. The local currency is at 79.39 Japanese yen, from 79.23 ; 62.40 euro cents, from 62.36 ; 53.57 British pence, from 53.48 and 104.16 NZ…
VMware has announced the launch of its 5G-ready Telco Cloud platform, as well as new solutions aimed at helping ease operators’ migration to 5G. Announced at Mobile World Congress in Barcelona, the new Telco Cloud platform is optimized for both 4G and 5G…
Mainland Chinese tourists prefer visiting Australia, Japan and Singapore over Hong Kong, a survey has found, citing a preference for outdoor and nature activities in these places. Consultancy firm Kantar, which polled 300 people from Beijing, Shanghai,…
Monthly retail figures from the Australian Bureau of Statistics have shown a somewhat dismal December trading period performance, having fallen 0.4 per cent to $27 billion, compared to the 0.5 per cent increase seen in November. While online retail turnover…
Premium lifestyle brand Ralph Lauren increased gross profit across its third quarter period by 6 per cent to $1.46 billion (US$1.05 billion), compared to $1.37 billion (US$996 million) the year prior. The growth was driven by a 90 bps increase in gross margin…
Recently, Australia fintech company AirPay Financial Technologies announced its regional collaboration with China leading mobile payment technology company SwiftPass to form a new lifestyle brand “AirPass”. Connecting Australian merchants directly with…
The ban on the use of plastic bags in Western Australia has started as of January 1, 2019, with retailers no longer be able to provide customers with lightweight plastic bags when shopping in their stores. Retailers who fail to comply with the new laws will…
Australian Lingerie brand Honey Birdette has launched its first US store in Westfield Century City, Los Angeles, focused on a unique design including whisky bar carts and ‘press-for-champagne’ buttons. The store will offer exclusive and limited-edition…
Outdoor retailer Kathmandu has seen sales fall over the first 15 weeks of the 2019 fiscal year after sales during the December Summer Sale failed to reach expectations, deflating the retailer’s projections for 1H2019. Same store sales for the 22 weeks ending…
Australian retail app Booodl has said goodbye officially in December, announcing it has started liquidating its assets to pay off creditors just before Christmas. Backed by media mogul James Packer and Westfield mall owner Scentre Group, Booodl first withdrew…
Victoria’s Secret has opened its debut flagship store in Australia, the first store in the nation to offer the U.S. lingerie giant’s full range of apparel, innerwear and accessories. Located in Melbourne’s Chadstone Shopping Centre, the Victoria’s Secret…
AuMake International Limited has joined forces with JD Worldwide, a division of Chinese e-commerce giant JD.com, to create a new omnichannel platform for Australian and New Zealand brands to reach Chinese customers. The strategic agreement, which was signed…
Quantium Solutions, a leading end-to-end logistics service provider in Australia, has announced a partnership with The Healthy Chef, a company founded by internationally lauded chef, nutritionist and award-winning cookbook author Teresa Cutter. The…
Swiss chocolatier Lindt is ramping up its Australia retail expansion with the opening of its latest chocolate boutique in Sydney. Located in Sydney’s Macquarie shopping mall, the new boutique-style shop is filled with Lindt’s complete luxury chocolate range.…
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