The company has also admitted to making false or misleading representations to consumers. Read more
Retailers will be looking to Black Friday as the first milestone.
This added to a total profit surge for the South African parent company of Retail Apparel Group.
The fall in retail business turnover was noted in year-on-year terms and month-on-month.
ARA chief industry affairs officer Fleur Brown says competition for the consumer dollar is at an all-time high.
Group managing director Rod Duke called the result an “outstanding achievement” considering the current retail market.
This was offset by a double-digit boom in the group's core US market, driven by its three Australian-born brands.
Are the worst of the macroeconomic headwinds behind us?
Several fashion businesses across Australia are expected to conduct mandatory climate-related reporting next year.
As a member, IVE Group will pay a 4 cent per garment levy to fund Seamless’ actions in the circular space.
Six peak bodies are pushing out a campaign that has an estimated commercial value of $7 million.
Department stores have fared the worst, with sales down consistently over the last 12 months.
It follows a similar trajectory in recent years.
This is despite falling 1.1 per cent the week before and plateauing this week.
The new collection covers four core Matteau silhouettes - all made in Australia.
Head of Salomon AU/NZ Graeme Moore reveals key strategies for the French sporting brand ahead.
Retailers are begging for reprieve, but commentary from the RBA suggests these pleas aren't enough.