Latest news with #GlobalRetailBrands
News.com.au
2 days ago
- Business
- News.com.au
Major Australian retailers fined for dodgy Black Friday sales
Three major Australian retailers have been fined for dodgy Black Friday sales. Jeweller Michael Hill, homewares retailer Global Retail Brands Australia, and Hairhouse Online have each paid a $19,800 fine following infringement notices from the Australian Competition and Consumer Commission (ACCC), the regulator says. Paying fines does not amount to an admission of breaking the Australian Consumer Law. The consumer watchdog issued the infringement notices after finding the retailers were selling non-discounted items despite their website homepages spruiking 'sitewide' sales or sales on 'everything'. The discrepancies were found during a sweep the ACCC did of Black Friday sales, the period at the end of November where retailers typically have large discounts. 'Businesses that make false discount claims not only risk misleading consumers, they also compete unfairly against other businesses which correctly state the nature of their sales,' ACCC deputy chair Catriona Lowe said. ACCC analysis shows that while Michael Hill had a prominent banner on its homepage promoting a 'member event' 25 per cent off sitewide sale, some items were not discounted. 'Michael Hill's statement may have misled consumers, and contravened the Australian Consumer Law, because some of the products in its online store were not part of the sale and were not discounted,' Ms Lowe said. Global Retail Brands Australia owns MyHouse, which has 28 physical stores in Australia, plus a range of similar homewares businesses. Splashed across the MyHouse e-store late last year was an ad saying 'everything' was subject to a Black Friday sale with discounts up to 60 per cent. The ad also promised an 'extra' 20 per cent off. 'We say this was misleading because the extra 20 per cent discount was not available on all of its products,' Ms Lowe said. 'Retailers need to ensure that their advertising makes it clear to consumers which products are discounted and by how much.' Hairhouse Online promised 20 to 50 per cent off 'sitewide' for Black Friday sales. More than one-quarter of items on the site were not discounted at all, the ACCC says. The haircare retailer is owned by Melbourne-based The Hairhouse Warehouse. Australians spent about $7bn on the Black Friday sales in 2024.
Yahoo
2 days ago
- Business
- Yahoo
Retailers fined for dodgy Black Friday sales
Three major Australian retailers have been fined for dodgy Black Friday sales. Jeweller Michael Hill, homewares retailer Global Retail Brands Australia, and Hairhouse Online have each paid a $19,800 fine following infringement notices from the Australian Competition and Consumer Commission (ACCC), the regulator says. Paying fines does not amount to an admission of breaking the Australian Consumer Law. The consumer watchdog issued the infringement notices after finding the retailers were selling non-discounted items despite their website homepages spruiking 'sitewide' sales or sales on 'everything'. The discrepancies were found during a sweep the ACCC did of Black Friday sales, the period at the end of November where retailers typically have large discounts. 'Businesses that make false discount claims not only risk misleading consumers, they also compete unfairly against other businesses which correctly state the nature of their sales,' ACCC deputy chair Catriona Lowe said. ACCC analysis shows that while Michael Hill had a prominent banner on its homepage promoting a 'member event' 25 per cent off sitewide sale, some items were not discounted. 'Michael Hill's statement may have misled consumers, and contravened the Australian Consumer Law, because some of the products in its online store were not part of the sale and were not discounted,' Ms Lowe said. Global Retail Brands Australia owns MyHouse, which has 28 physical stores in Australia, plus a range of similar homewares businesses. Splashed across the MyHouse e-store late last year was an ad saying 'everything' was subject to a Black Friday sale with discounts up to 60 per cent. The ad also promised an 'extra' 20 per cent off. 'We say this was misleading because the extra 20 per cent discount was not available on all of its products,' Ms Lowe said. 'Retailers need to ensure that their advertising makes it clear to consumers which products are discounted and by how much.' Hairhouse Online promised 20 to 50 per cent off 'sitewide' for Black Friday sales. More than one-quarter of items on the site were not discounted at all, the ACCC says. The haircare retailer is owned by Melbourne-based The Hairhouse Warehouse. Australians spent about $7bn on the Black Friday sales in 2024. NewsWire has contacted the three companies for comment.
Associated Press
17-04-2025
- Business
- Associated Press
Adcore Secures Flagship Client in APAC, Chosen by Global Retail Brands as Lead Digital Partner
Adds 4 Leading Australian Brands to Portfolio, Representing Over 250 Stores Nationwide TORONTO, ON / ACCESS Newswire / April 17, 2025 / Adcore Inc. (the 'Company' or 'Adcore') (TSX:ADCO)(OTCQX:ADCOF)(FSE:ADQ), a global leader in marketing technology empowering businesses to maximize their digital marketing potential with its innovative AI-powered platform ('Marketing Cloud'), today announced it has been appointed to lead the digital marketing activities for Global Retail Brands, including 4 brands under management. Adcore is thrilled to add the following four brands to the client portfolio: House: House is part of Australia's largest specialty homewares retailer with over 160 stores nationally. Their stores are the only destination for all cooking, baking, entertaining and gift giving essentials. MyHouse: Australian retailer dedicated to helping our customers create a warm personal home. Robins Kitchen: Robins Kitchen is now very proud to be part of Australia's largest privately owned and fastest growing kitchenware retailer. Baccarat: Established in 1985, Baccarat® is Australia's largest homegrown cookware brand. Omri Brill, Adcore CEO & Founder, commented: 'We are incredibly proud to be selected once again by Global Retail Brands, this time as their full-service digital marketing partner across four of their most prominent retail brands. There is no greater validation of our solutions than a returning client choosing to expand the partnership. This milestone firmly positions Adcore as the go-to digital partner for retail brands in Australia, and highlights the tangible value our technology and team bring to the table. Our ability to consistently deliver results in a fast-changing digital landscape speaks to the strength of our platform, the creativity of our people, and the trust we've built with clients over time. We look forward to driving measurable growth and innovation for Global Retail Brands in the years ahead.' Global Retail Brands' Sam Arcadipane, commented, 'It's been a great time to re-evaluate our online business, finding the strengths and opportunities across all of our online channels, and building upon these to really drive a better user experience with improved optimisation and growth in the new financial year, and we're excited to start that journey with Adcore as our new SEM/SEO partner.' ABOUT ADCORE Adcore is a leading AI-powered marketing technology company. By combining extensive industry knowledge and experience with its proprietary artificial intelligence (AI) powered technology, Adcore offers a unique digital marketing solution that empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising and monitoring and analyzing the performance of their advertising budget to ensure maximum Return on Investment. Adcore is a certified Google Premier Partner, Elite Tier Microsoft Partner, Facebook Partner, Verified Amazon Partner, and TikTok Partner. Established in 2006, the Company employs over fifty people in its headquarters in Tel Aviv, Israel and satellite offices in Toronto, Canada, Melbourne, Australia, Hong Kong and Shanghai, China. For more information about Adcore, please visit or follow us on LinkedIn. FORWARD-LOOKING STATEMENTS This press release contains or may contain certain forward-looking statements, including statements about the Company. Wherever possible, words such as 'may', 'will', 'should', 'could', 'expect', 'plan', 'intend', 'anticipate', 'believe', 'estimate', 'predict' or 'potential' or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof. Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. For further information please contact: ADCORE INC. SOURCE: Adcore Inc. press release
