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Koko Black, Godiva Australia on driving sales in a cost of living crisis

Koko Black and Godiva Australia share how they are navigating cost of living pressures, and if they are benefiting from the lipstick effect. ....

Australian Capital Territory , New South Wales , Nicolas Georges , Fleur Harris , Haley Koo , International Cocoa Association , Koko Black , Inside Retail , Godiva Australia ,

Retail resurrection: how Colette, Koko Black and Big Girls were saved


Retail resurrection: how Colette, Koko Black and Big Girls were saved
How do you resurrect a brand that’s gone into voluntary administration? Former Myer MD Bernie Brookes, Grill’d founder Simon Crowe and Wes Blundy share their secrets.
Selecting new management was crucial to the turnaround at Koko Black. 
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The future of fast-fashion handbag and jewellery chain Colette by Colette Hayman looked bleak when it collapsed in February 2020, the latest victim of a retail “killing season” that had claimed half a dozen national retail chains.
Attempts by administrators at Deloitte to salvage the business were hampered by the pandemic, which forced Colette to shut most of its stores during the national lockdown and crimped demand for accessories as consumers spent more time at home. ....

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How Koko Black turned trading in a pandemic into an opportunity


March 17, 2021
Australian artisanal chocolate brand Koko Black is riding the pandemic-induced online shopping boom, after recording a 250% increase in digital sales last year.
Despite the impact of COVID-19 across the chain’s 14 retail stores, the spike in Koko Black’s yearly online sales is a text-book example of how to turn a crisis into an opportunity.
“I remember March 23 in 2020, when lockdowns were announced,” Koko Black chief executive Nicolas Georges tells
SmartCompany.
“It was two weeks from Easter, my warehouse was full of products, and literally we were thinking ‘how are we going to survive this?’” he says.
Artisanal chocolate meets gifts ....

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