Luxury online dropshipper Cettire sees 88pc sales growth, profit fails to keep pace

Luxury online dropshipper Cettire sees 88pc sales growth, profit fails to keep pace

Luxury online retail marketplace and dropshipping company Cettire (ASX: CTT) has reported an 88 per cent rise in sales revenue to reach $191 million in the March quarter, a...

Tritium charged down as administrators called in

Tritium charged down as administrators called in

Five months after attempting to turn its fortunes through jobs cuts...

Just Wines acquires collapsed spirit subscription service Liquor Loot for $1.2m

Just Wines acquires collapsed spirit subscription service Liquor Loot for $1.2m

Only eight months since rescuing non-alcoholic specialty store Sans...

UniSuper pumps $623m into Macquarie green energy and climate fund

UniSuper pumps $623m into Macquarie green energy and climate fund

One of the nation’s largest super funds, UniSuper, has commit...

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The 7 new graphs that show inflation falling back to earth

The 7 new graphs that show inflation falling back to earth

Inflation has fallen for the fourth successive quarter. Australia&...

Australian wine exports slump but Hong Kong market shows promise with surge in value

Australian wine exports slump but Hong Kong market shows promise with surge in value

The Australian wine export industry is facing 'extremely challe...

Westpac to pay $9.8m for ‘unconscionable conduct’ over $12b rate swap deal in 2016

Westpac to pay $9.8m for ‘unconscionable conduct’ over $12b rate swap deal in 2016

Westpac Banking Corporation (ASX: WBC) has been found to have engag...

Bubs US sales growth skyrockets 500pc to become majority of revenue

Bubs US sales growth skyrockets 500pc to become majority of revenue

Infant formula group Bubs Australia (ASX: BUB) added a second shift...

Centennial and Parkstone Funds Management buy Bundaberg retail centre for $107m

Centennial and Parkstone Funds Management buy Bundaberg retail centre for $107m

Boutique fund managers Centennial and Parkstone Funds Management ha...

Vacuum cleaner retailer Godfreys to shutter 54 stores as voluntary administrators called in

Vacuum cleaner retailer Godfreys to shutter 54 stores as voluntary administrators called in

Vacuum and cleaning products retailer Godfreys Group is expected to...

Black Friday sales and higher living costs dent December retail sales

Black Friday sales and higher living costs dent December retail sales

The increased shift to Black Friday sales and the impact of cost-of...

Food waste diversion platform Yume raises $2m in seed round to drive growth

Food waste diversion platform Yume raises $2m in seed round to drive growth

Food redistribution platform Yume, founded in 2016 to reduce waste ...

Alt. Leather raises $1.1m in seed round to drive plant-based leather alternative

Alt. Leather raises $1.1m in seed round to drive plant-based leather alternative

Alt. Leather, a startup established in 2022 by Tina Funder, th...

Fishburners launches Services Hub to remove accessibility barriers to quality service providers
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Entrepreneurship

Don’t understand predictive algorithms? Xplainable bridges the “how and why” gap of machine learning

Don’t understand predictive algorithms? Xplainable bridges the “how and why” gap of machine learning

"There is so much hype around AI. Let's just focus on some simple implementation of traditional machine learning, and you'll get so much more value. ...

"10x in six months": Brisbane startup Xrecruiter opens Melbourne office

"10x in six months": Brisbane startup Xrecruiter opens Melbourne office

A Brisbane-headquartered startup that helps recruiters strike it ou...

Tech Council urges merger reforms to consider Aussie startup dependence on acquisitions for exits

Tech Council urges merger reforms to consider Aussie startup dependence on acquisitions for exits

Amidst a significant funding gap in later-stage rounds for startups...

‘Solving a massive problem’: Life admin app Eggy’s journey as a $7m startup

‘Solving a massive problem’: Life admin app Eggy’s journey as a $7m startup

Motivated to develop a reliable “life admin” app after ...

MERGERS AND ACQUISITIONS

Just Wines acquires collapsed spirit subscription service Liquor Loot for $1.2m

Just Wines acquires collapsed spirit subscription service Liquor Loot for $1.2m

Only eight months since rescuing non-alcoholic specialty store Sans...

Nicholas Bolton's Keybridge becomes majority owner of Yowie

Nicholas Bolton's Keybridge becomes majority owner of Yowie

Despite a recommendation from the independent directors of confecti...

Tech Council urges merger reforms to consider Aussie startup dependence on acquisitions for exits

Tech Council urges merger reforms to consider Aussie startup dependence on acquisitions for exits

Amidst a significant funding gap in later-stage rounds for startups...

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Retail

Banducci couldn’t give senators Woolworths’ return on equity. What does the figure say about profit?

Banducci couldn’t give senators Woolworths’ return on equity. What does the figure say about profit?

During yesterday’s senate inquiry into supermarket pricing, G...

Luxury online dropshipper Cettire sees 88pc sales growth, profit fails to keep pace

Luxury online dropshipper Cettire sees 88pc sales growth, profit fails to keep pace

Luxury online retail marketplace and dropshipping company Cettire (...

Loyalty programs may limit competition, and they could be pushing prices up for everyone

Loyalty programs may limit competition, and they could be pushing prices up for everyone

Loyalty programs enable firms to offer significantly lower prices t...

Sales downturn pushes Collette, The Daily Edited owner Marquee Retail Group into administration

Sales downturn pushes Collette, The Daily Edited owner Marquee Retail Group into administration

Marquee Retail Group (MRG), the owner of fashion accessories brands...

 

Opinion

AI is making smart devices easier to hack. Here’s how to stay safe

AI is making smart devices easier to hack. Here’s how to stay safe

From asking our smart speakers for the weather to receiving persona...

Banducci couldn’t give senators Woolworths’ return on equity. What does the figure say about profit?

Banducci couldn’t give senators Woolworths’ return on equity. What does the figure say about profit?

During yesterday’s senate inquiry into supermarket pricing, G...

China has removed tariffs on Aussie wine, but re-establishing ourselves in the market won't be easy

China has removed tariffs on Aussie wine, but re-establishing ourselves in the market won't be easy

China’s Ministry of Commerce has finally ended its tariffs on...

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CAPITAL RAISING & FINANCE

DroneShield raising $75m as contract pipeline for anti-drone technology grows to $500m

DroneShield raising $75m as contract pipeline for anti-drone technology grows to $500m

Defence solutions group DroneShield (ASX: DRO) is seeking to raise ...

Proptech Archistar teams up with Blackfort to deploy loans, kicks off with Simonds Group

Proptech Archistar teams up with Blackfort to deploy loans, kicks off with Simonds Group

Two Sydney-based companies that use artificial intelligence (AI) to...

Japanese investment in Australia hit record high of $133.8 billion in 2023

Japanese investment in Australia hit record high of $133.8 billion in 2023

Japanese finance has been described as one of the "great untol...

Melbourne-based diversity data analytics platform raises $6 million

Melbourne-based diversity data analytics platform raises $6 million

In response to "unprecedented demand" for its propri...

Leadership

The Star Gold Coast CEO resigns after just six months in the role

The Star Gold Coast CEO resigns after just six months in the role

The exodus of The Star Entertainment Group's (ASX: SGR) new bre...

Belle Lajoie promoted to co-CEO of Soda Infrastructure

Belle Lajoie promoted to co-CEO of Soda Infrastructure

After 16 years working with serial technology entrepreneur Bevan Sl...

Former Mighty Kingdom CEO sells off shares, scopes out class action after "catastrophic failure"

Former Mighty Kingdom CEO sells off shares, scopes out class action after "catastrophic failure"

Correction (17 April 2024): An earlier version of this article desc...

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Property

Shakespeare swoops on Woolstore 1888 by Ovolo with plans for new hotel operator

Shakespeare swoops on Woolstore 1888 by Ovolo with plans for new hotel operator

Shakespeare Property Group, the property arm of boutique investment...

Proptech Archistar teams up with Blackfort to deploy loans, kicks off with Simonds Group

Proptech Archistar teams up with Blackfort to deploy loans, kicks off with Simonds Group

Two Sydney-based companies that use artificial intelligence (AI) to...

Scape partners with APG and Ivanhoe Cambridge for $1b student accommodation joint venture

Scape partners with APG and Ivanhoe Cambridge for $1b student accommodation joint venture

Scape Australia has formed a new partnership with Dutch pension inv...

Cedar Pacific, Sumitomo launch build-to-rent partnership, starting with Quay Street Brisbane

Cedar Pacific, Sumitomo launch build-to-rent partnership, starting with Quay Street Brisbane

Australian property investor Cedar Pacific and Japan's Sumitomo...

Health

LuminaX Healthtech Accelerator accepts record cohort of founders for 2024

LuminaX Healthtech Accelerator accepts record cohort of founders for 2024

The Gold Coast’s LuminaX HealthTech Accelerator has accepted ...

Zea Relief gets a healthy boost to its retail footprint through Woolworths distribution deal

Zea Relief gets a healthy boost to its retail footprint through Woolworths distribution deal

Zea Relief, a Tasmanian wellness scale-up that has developed a rang...

AI medtech Artrya secures first Australian commercial agreement with The Cardiac Centre NSW

AI medtech Artrya secures first Australian commercial agreement with The Cardiac Centre NSW

Perth-based medtech Artrya (ASX: AYA) has secured the first commerc...

Australia’s biggest chemist is merging with a giant wholesaler. Could we soon be paying more?

Australia’s biggest chemist is merging with a giant wholesaler. Could we soon be paying more?

Corporate Australia loves a big merger. And amid a growing flurry o...

Technology

Don’t understand predictive algorithms? Xplainable bridges the “how and why” gap of machine learning

Don’t understand predictive algorithms? Xplainable bridges the “how and why” gap of machine learning

"There is so much hype around AI. Let's just focus on...

DroneShield raising $75m as contract pipeline for anti-drone technology grows to $500m

DroneShield raising $75m as contract pipeline for anti-drone technology grows to $500m

Defence solutions group DroneShield (ASX: DRO) is seeking to raise ...

AI is making smart devices easier to hack. Here’s how to stay safe

AI is making smart devices easier to hack. Here’s how to stay safe

From asking our smart speakers for the weather to receiving persona...

Proptech Archistar teams up with Blackfort to deploy loans, kicks off with Simonds Group

Proptech Archistar teams up with Blackfort to deploy loans, kicks off with Simonds Group

Two Sydney-based companies that use artificial intelligence (AI) to...

Legal

Macquarie Bank slapped with $10m fine after failing to monitor fraudulent transactions

Macquarie Bank slapped with $10m fine after failing to monitor fraudulent transactions

Financial services giant Macquarie Group's (ASX: MQG) bank...

Tritium charged down as administrators called in

Tritium charged down as administrators called in

Five months after attempting to turn its fortunes through jobs cuts...

Construction and hospitality dominate insolvencies amid 36pc spike in administrator appointments

Construction and hospitality dominate insolvencies amid 36pc spike in administrator appointments

Whilst barely a fortnight goes by when a well-known Australian comp...

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