Read more
The non-cash impairment charge comes amid volatile trading, impacting sales growth and profitability. Read more
For the buyers, the value this year sat in discovery rather than volume.
Gary Bigeni, Van Brussell and Viceta Wang discuss their market insights with ragtrader.com.au.
Ragtrader analyses what the reporting round says about where Australian fashion retail heads into Black Friday.
Demand is not the constraint. What has narrowed is the brief.
Channel performance revealed a surprising reversal of recent trends.
This comes amid tough trading conditions and heightened M&A activity in the fashion sector in recent weeks.
This was driven by a post-tax impairment charge of NZ$394 million.
“There is significant change underway and many opportunities ahead," Lew said.
"Heritage remains valuable, but heritage alone is not a value proposition."
"We are putting the question of Board composition directly where it should be," Accent Group chairman Lawrence Myers says.
Glue Store was recently owned by Accent Group.
“I couldn't be more excited for what we'll build together," Strand CEO Felicity McGahan says.
Former Super Retail Group CEO Anthony Heraghty is being sued by ASIC over alleged ASX contraventions.
"These shoppers weren't necessarily acting without thought," study co-author and associate professor Carol Tan says.
“We have such a strong and engaged community here," co-founder and director Nadia Bartel says.
