MECCA Beauty — Mecca Beauty is a prominent Australian beauty retailer founded in 1997 by Jo Horgan. The company offers an extensive range of cosmetics, skincare, and wellness products through over 100 stores across Australia and New Zealand, as well as online platforms. Mecca is known for curating an exclusive edit of more than 200 global brands, aiming to help customers look, feel, and be their best
The market for this leadership
Live MitchelLake intelligence across Consumer / D2C and Oceania.
Adjacent signals across Consumer / D2C
Restructuring · Oceania
Chemist Warehouse →South Australian Employment Tribunal ruled that four Chemist Warehouse franchisees underpaid staff by requiring Level 3 qualifications while paying Level 1-2 wages (~$60/week shortfall). SDA estimates potential $10M+ in backpay across nationwide network if systemic underpayment found.
Capital Raising · Oceania
Switch →Switch is seeking a $2 billion funding round at a nearly $50 billion valuation
Leadership Change · Oceania
Woodside Energy →Woodside Energy announced a director resignation. Limited detail available in source material.
Restructuring · Oceania
Mercury →Mercury announced closure of its Now telco and broadband brand unit, resulting in approximately 70 job losses across Hawke's Bay, Christchurch, Tauranga, and Hamilton. Broadband operations continue under a different brand.
Partnership · Oceania
Vitol →Vitol and Rio Tinto are in talks to establish a joint venture aimed at lowering freight costs
Leadership Change · Oceania
Reserve Bank of Australia →CIO of the Reserve Bank of Australia has retired after 7.5 years in role