With a significantly smaller FY17 loss, a stronger balance sheet and a solid e-commerce platform and supply chain operations, Temple & Webster looks poised for stepping up in CY18, with expectations of its first full year profit in 2019.
Every retailer and online seller has a growing collection of potentially valuable data. This data can be used as a powerful tool to unleash insights, drive revenue and optimise the customer experience.
Australia Post has announced a full-year profit before tax of $126.1 million, up from $41 million (or 307%) in FY16, demonstrating the shift to becoming a major e-commerce player is paying dividends.
Australian womenswear online retailer Bec + Bridge has opened its first stand alone retail concept store at Westfield Bondi Junction in Sydney.
Catch Group has released its financial results for the 2017 financial year, posting revenue of $306 million and earnings of $16 million (EBITDA). This follows a series of diversification initiatives launched by the company.
Vinomofo has launched a new wine subscription service as an additional offering for its growing tribe Australiawide, which it’s hoping will take its consumers on an epic wine adventure.
Kogan.com has announced it 2017 full year financial results, the first year it has traded as a publically listed company.
ASOS has launched its new visual search tool, one that lets shoppers search its 85,000 plus products by uploading a photo via its mobile app, enabling technology to remove the friction of finding an item that you have seen someone else wearing.
Analytics can present opportunities to improve your online store’s conversion rate and design a more relevant product range or provide a more enjoyable customer experience. Mike Halligan, from online fashion store The 5TH shares his insights on the importance of an analytics program.
The outlook for local businesses selling to China looks bright, with 84% of Chinese online shoppers likely to buy at least one Australian product in the next 12 months, according to new research from FedEx Express in Australia.