Tech and eCommerce company Crowd Media (ASX: CM8) is forging ahead with their vision of conversational commerce by securing equity in a vital tech partner that develops visual projections which, when coupled with Crowd’s artificial intelligence, can deliver the ‘Holy Grail’ of influencer marketing. The $365k investment in Forever Holdings will give Crowd Media 8%
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The rapidly changing retail landscape continues to evolve through COVID-19, with consumers now having little qualms buying goods online that traditionally had to be bought in-store. Jewellery in particular has met this trend as evidenced by retail jeweler Michael Hill (ASX: MHJ) which has reported a 54.5% increase in digital sales and the launch of
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If you have been listening to some analysts, Australian specialty retail is dead in the water; Customers are apparently all shopping online with large overseas mega-retailers. However, some specialty retailers are apparently bucking the supposed trend. Enter Adairs (ASX: ADH), who with yesterday’s earnings report, reminded Australian investors that there are still gems to be
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Australians and Kiwis are likely to be very comfortable at home through pandemic isolation if the record sales of homemaker retailer Adairs (ASX: ADH) are an indicator, with the Company’s online sales up 110.5% for FY20. Although the pandemic caused closures of their retail stores across Australia and New Zealand for a few months, Adairs
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Shoppers engaging in retail therapy despite the spectre of even more serious job losses and mounting evidence the virus is far from vanquished. According to the Australian Bureau of Statistics, retail sales rose 2.4 per cent for the month of June, to $29.7 billion. This was an 8 per cent rise on the previous June
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The Advisors at Emerald Financial recently released a Speculative Buy report on Crowd Media (ASX: CM8). The Company has benefited from the growth in online-specific retail, something that has thrived through the COVID-19 pandemic due to isolation restrictions. Just look at a few of the more well-known ASX-listed retail companies that sell solely online have
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