INSIGHTS, TRENDS AND CASE STUDIES

With technology developing at an unprecedented pace and customer expectations constantly evolving, business survival is dependent on understanding and adapting to this changing landscape.

At last count, the Australian pet industry was estimated at $8 billion. Business View looks at the changing nature of pet ownership and talks to three businesses tapping into the trend.

Business conditions are strong. Confidence takes a hit. Some signs of inflation pressure.

Online sales growing over the year, slight slowing in the month.

Australian fashion house Misha Collection has risen to international status within the space of three years. Fundamental to its success has been the approach of its founder, Michelle Aznavorian, a 27-year-old who has put her personal brand at the core of the company’s strategy.

The NAB Cashless Retail Sales Index is a new product which provides timely proprietary data on a major part of retail spending in Australia.

The NAB Cashless Retail Sales Index is a new product which provides timely proprietary data on a major part of retail spending in Australia.

Business conditions hit another multi-year high, with most industries performing well. Stronger trading conditions (sales) and profitability drove the improvement, while employment conditions were steady.

Online sales growing over the year, rebound in the month

Financial anxiety eases but 4 in 10 consumers still experienced some form of financial hardship in the last 3 months. Financial anxiety continues to be a bigger issue for young people (particularly women) and low income earners.

NAB’s Consumer Anxiety Index – which measures concerns about future spending and savings arising from job security, health, retirement, cost of living and government polices – fell to a survey low 55.9 points in Q1 2017 (58.7 in Q4 2016).

Online sales faster in the month but slower over the year.

What does it take to make it in online retail? The ability to put your head down, take risks and follow your vision, says THE ICONIC CFO Anna Lee.

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