Retail news

• Ocado pushes female-owned brands with ‘Buy Women Built’ campaign

  06-10-2024 11:58 via retailgazette.co.uk
  
  Ocado is promoting products made by women with a ‘Buy Women Built’ online section, selling more than 1,000 products made by female entrepreneurs.
  Buy Women Built banners will launch across Ocado’s app, website and an ‘Inspire Me’ tab from tomorrow.
  Coffee Republic founder Sahar Hashemi set up campaign group Buy Women Built and convinced Ocado to launch the initiative to help boost sales at female-founded firms.
  Ocado has collated 130 female-founded brands, including
  
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• Net a Porter: MyTheresa snaps up owner YNAP

  06-10-2024 11:32 via retailgazette.co.uk
  
  Luxury conglomerate Richemont has agreed to sell its Yoox Net-A-Porter business to German ecommerce platform MyTheresa in exchange for a 33% stake, it confirmed on Monday.
  Mytheresa will own 100% of the share capital of YNAP following the deal, which is due to close in the first half of 2025.
  Richemont is selling the business with a cash position of £463m (€555m) and will also provide a six year £83m (€100m) revolving credit facility to help finance YNAP. It currently expec
  
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• Net a Porter: MyTheresa nears deal to snap up owner YNAP

  06-10-2024 11:32 via retailgazette.co.uk
  
  Net a Porter owner YNAP is set to be snapped up by German ecommerce platform MyTheresa, according to reports.
  MyTheresa is reported to the only remaining bidder in the running to buy YNAP – which includes Yoox, Net a Porter and Mr Porter – after private equity firms Bain Capital and Permira are understood to have pulled out of the race to buy the luxury fashion platform from Swiss group Richemont, according to The Fashion Law (TFL).
  Mike Ashley’s Frasers Group was also understo
  
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• The growth of gamification in retail – already falling behind?

  06-10-2024 10:26 via theretailbulletin.com
  
  As the retail industry continues to evolve, gamification has emerged as a powerful tool for customer engagement. By integrating game-like elements into the shopping experience, retailers... View Article
  
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• ‘I have to have one of those’: plushie super-fans explain the appeal

  06-10-2024 10:00
  
  For 25 years the company, built by two publicity-shy British brothers, has turned everything from bears to burgers into ‘plushies’. Avid fans explain their appealIt started with a boiled egg. Last year, Chloe Day, 25, kept seeing it all over social media. She was intrigued. It wasn’t the kind of egg you’d have for breakfast. There was a smiley face on the bright yellow yolk and little legs descending from the egg white. At 14cm tall, it was adorable – the egg part s
  
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