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“We challenged established thinking and made some bold strategic decisions," Kerry Cusack shares.
Both premium and discount department stores saw combined MAT growth of 0.3 per cent
The French luxury house is refurbishing all floors of its store at 139 Collins Street.
Mitch Dowd CEO Dane Totham says Jockey’s sales lifted 100 per cent year on year.
This comes as non-food mini-majors report strong sales growth over the last year.
The brand ran stores in Melbourne’s CBD and at Melbourne Airport just over 10 years ago.
This comes weeks after CFO Chris Lauder tendered his resignation after nine years with the business.
“Retailers will be hoping that Kiwis will spend big in the Christmas quarter,” Retail NZ CEO Carolyn Young says.
The national retailer has since responded to the allegations.
KPMG is predicting another cash rate rise in November.
“Our 20th year has been one of renewed momentum,” founder and CEO Dipendra Goenka says.
However, those participating this year will spend more than last year.
Following the closures, the business is expected to have around 20 stores left.
This comes after the business reported a 26% drop in sales in FY26.
Total first-time insolvencies have peaked in August this year, with retail insolvencies scaling steadily since 2022.
Style Arcade brought us in to unpack what it takes to turn creator-led demand into sales.