Platypus Shoes, an Aussie success story

Since 2008, Australia-based Platypus Shoes has been successfully serving the global market with its wide range of premium shoes. The company, which was founded in 2008, has now expanded to 130 stores in Singapore, Australia, and New Zealand. It carries a variety of brands and its own label.
The company’s success can be attributed to its focus on providing its customers with high-quality products. It has a curated selection of shoes that are made by some of the world’s leading brands, such as Nike, Vans, Adidas, and Converse. Its own label also offers a wide range of unique designs.
Besides its core business of providing high-quality shoes, Platypus Shoes also has been actively expanding its retail presence. In 2019, it opened a flagship store in Singapore’s iconic shopping district, The Orchard Road. This was the company’s first store in the country.
One of the company’s main factors that sets it apart from other businesses is its focus on e-commerce and digital marketing. Its website allows users to browse and buy shoes online. Moreover, it has a strong social media presence, which allows it to interact with its customers through its various platforms. If you want to get a good discount when you buy from Platypus Shoes by using a Platypus shoes coupon code.
In addition to its core business, Platypus Shoes has been actively promoting sustainability. In 2020, it launched a campaign that aimed to raise funds for bushfire relief efforts in Australia. Through the campaign, the company partnered with local artists to create special-edition sneakers.
In recent years, Platypus Shoes has become a prominent player in the global market for premium shoes. Its success can be attributed to its ability to provide its customers with a wide range of high-quality products and its growing retail presence. As the company continues to expand, it will be interesting to watch how it can continue to adapt to the changes brought about by the changing consumer trends and digital marketing.

Managing rising insurance costs

Rising prices are expected to be a hallmark of the year 2022. Many goods and services are expected to become more expensive due to the increase in energy and food prices.
The Reserve Bank of Australia recently raised its inflation forecast for this year to 3.75 percent from 2.75 percent. It attributed the higher rate to the rising costs of energy and food.
According to the Australian Prudential Regulation Authority, the average Australian insurance premium rose by 8 percent in calendar 2021.
It’s also expected that the cost of living will continue to rise. This could make it advantageous for commercial landlords to pass the rising costs to their tenants.
One strategy that investors can consider is to restructure their leases to reduce their insurance costs.
In the US, double and triple net leases are typically considered as low-risk contracts.
With a double net lease, the investor typically picks up the cost of various outgoings, such as insurance and utilities.
A triple net lease, on the other hand, allocates all of the building’s maintenance and repair costs to the tenant.
The initial face rents are typically lower with a triple or double net lease. This type of contract allows the tenant to take on a greater financial risk.
The profitability of these types of contracts is typically considered secure for landlords since their contribution is non-existent.
Any increase in the cost of an outgoing, such as insurance, can be passed through to the tenant.
The arrangement doesn’t affect the landlord’s ability to claim the expenses that the tenant has paid.
One of the biggest advantages of a triple or double net lease is that it can improve a commercial property’s capital value. This is because the tenant can’t back out of paying an unexpected expense.
In Australia, several major companies have set up their own triple or double net leases in recent years. These contracts are typically contested by syndicates and high net-worth individuals.
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Although triple net leases are generally considered safer for investors, there are still some risks involved.
Occupancy has become more responsible when it comes to hiring a contractor. This has led to substandard work being performed on the building.
Some tenants, on the other hand, don’t inform the property owner about the work that they’ve done on the building. This could void the building’s insurance policies.
If an occupier goes broke, the landlord is also liable for the outgoings, which could affect the credit rating of the property.
Despite the risks involved, many people still consider the insurance industry as a safe investment. It’s facing various challenges, such as the rising cost of materials and the increasing frequency of natural disasters.

Craft Beer industry consolidating

Australia’s craft beer sector is expected to see more buyouts as large players look to acquire fast-growing brands amid the impact of the pandemic.
Lion Brewery‘s acquisition of Byron Bay-based Fermentum by Stone & Wood is the latest example of a sector that’s been active in Australia’s beer market.
Lion purchased Fermentum from private equity firm CVC for A$1.1 billion. The deal needs approval from Australia’s antitrust watchdog.
The company is planning on increasing its national presence and marketing presence in the eastern states.
Good Drinks Australia is a distributor of alcoholic and non-alcoholic beverages. Its flagship brand is Atomic.
Good Drinks are open to acquisitions, but they have to make sense for them and add value to shareholders.
Lion is owned by Japan’s Kirin, while the Carlton & United Breweries is held by Asahi. The company makes a variety of mainstream beer brands, such as Tooheys and XXXX Gold.
Lion has committed to build a new $50 million brewery at Murwillumbah in NSW should the ACCC approve its application.
In 2019, Asahi purchased the beer company CUB for $16 billion. It has been active in acquiring craft beer brands in an effort to compete against the decline of the mainstream beer industry.
Mighty Craft has also been on the acquisition trail, buying two Adelaide Hills businesses in June.
In August, the group warned that its lock-up periods were making it tough to generate revenue in the early stages of 2021.
Other liquor stores that could be takeover targets include Jimmy Brings who have grown dramatically during lock down. Use a Jimmy Brings coupon to save when you get your nest Jimmy Brings Delivery.

New Zealand records big trade surplus

New Zealand has hit a huge positive note with regards to the economy by recording a huge annual trade surplus for the year to the end of October. The record surplus was on the back of a big drop in imports due to a global slowdown due to Coronavirus.
New Zealand’s has successfully largely avoided huge lockdowns by going into a complete lockdown early and effectively wiping out the virus within the community. There has been outbreaks here and there however it has been under control. This success has allowed New Zealand to get back to work and continue being productive. The country saw a increase in exports of Dairy products and fruit helping the achieve the surplus.
The surplus is the biggest in 28 years and according to Statistics NZ, it was driven primarily driven by a ten per cent drop in imports with exports remaining steady. The biggest drop in imports were mostly fuel and cars. Net imports were valued at $58 billion whereas exports were 1.2 per cent up to $60 billion.
The trade deficit also improved with the figure dropping to $501 billion from $1.04 billion at the same time last year.
In the lead up to Christmas, there has been a slight rise in imports to help provide enough goods for the biggest shopping period of the year.
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Turmeric has health benefits

There are many herbs and spices that are believed to be beneficial to health and Turmeric is one of the ones that has garnered a lot of interest. Many scientific studies have actually shown that Turmeric is one of the most effective supplements available for your body and brain. Turmeric has an ingredient called Curcumin which is the main effective ingredient in Turmeric.

Turmeric itself is a spice and is often used in Asian and Indian cooking. In fact, Indians have been using the spice for thousands of years for both a food additive as well as medicine. Turmeric contains curcuminoids such as curcumin which have anti-oxident properties along with a strong anti-inflammatory effect. The amount of curcumin in Turmeric is too low however to have a good effect on your health. It is therefore recommended that you take curcumin supplements instead to get the levels of curcumin to have a beneficial effect. See Healthpost for a great range of curcumin supplements and use a Healthpost coupon for your purchase.

Curcumin has a drawback in that your blood does not easily absorb the compound and therefore you should take supplements which contain additives such as piperine which helps your body to absorb it.

Daily Deal sites consolidated

Just a few years ago, daily deal sites dominated the market with a concept so fresh that many businesses and customers jumped onto the concept with many believing it was a win win situation for both businesses and customers. Businesses were able to get exposure for their business and customers through the door and customers were able to get a great deal on a product or service.

With the popularity, many daily deal websites opened up and made huge numbers. There were so many around that the smaller players who could not afford the same level of advertising either folded or was swallowed by one of the bigger guys.

It became a daily habit of many consumers to browse daily deal sites to see what was on offer. In New Zealand there were great sites such as Treat Me, GrabOne and Groupon. Get a Treat Me coupon here.

The way that these sites were able to lure customer’s in was by time limiting many of the offers. Many would jump onto the offer even if they weren’t completely sure of wanting it just because they didn’t want to miss out.

After all the excitement started to wane, it seemed like daily deal sites disappeared almost as quickly as they appeared with many of them going out of business and even the big players losing a lot of steam and customers.

Part of the reason was that many consumers had negative experiences with their vouchers, especially at food establishments. Customers felt like they weren’t treated like real customers when they used the voucher. There was also lots of media attention given to situations where businesses were negatively impacted by customers who purchased the daily deal vouchers.

Although many companies have folded some are still doing well including 1-day.co.nz.