The brand assets have been sold for a few hundred thousand dollars. Read more
It will move from Rip Curl's founding home of Torquay to Greater Melbourne, around 70 kilometres away.
It comes as Australia's activewear market hits $4.1 billion in 2024.
Some of the tracked brands also recorded declines in website traffic, including Catch.com.au.
Despite finding no modern slavery instances, the group did uncover a number of non-compliance issues.
The sales fall added to an overall plummet in sales across core retail categories.
“We’re proud to offer consumers a seamlessly integrated shopping experience with David Jones," The Volte's Kellie Hush said.
It follows the recent rollout of Country Road Group brands such as Politix, Country Road and Witchery across stores.
Amid the review, Temu removed the product listing from its website “in an act of good faith”.
"The independent grievance mechanism is integral to our capacity-building efforts,” Zimmermann reported.
Retail in particular joined 13 industries with business confidence above the neutral level of 100.
“Beyond traditional presents, there is a noticeable shift towards scenario-based gifting," a Shein representative said.
Large regions such as Auckland and Welling recorded declines, offset by boosts in regional areas.
The managing licensee is expecting to have over 5,000 creditors.
Labour market spokesperson Deb Brunning said unemployment is the highest it’s been since the September 2020 quarter.
Many economists are predicting a rate cut when the RBA board meets early next week.
The South Australian-based etailer has been in operation for the last 15 years.