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The slip was due to confidence falls across personal finance and prospects for the economy. Read more
It quickly follows a leadership shakeup which saw Martin Hosking exit the business he founded nearly 20 years ago.
Three retailers were forced to pay $19,800 for allegedly misleading Black Friday sales adverts.
New ABS data shows business turnover growth is subdued in retail compared to other industries.
“FY24 was a year of investment and consolidation," a David Jones spokesperson told Ragtrader.
The new app is set to deliver completely personalised menswear and womenswear for any occasion all via a smartphone.
“This next chapter of growth is incredibly energising,” founder and creative director Margie Woods says.
Bonds has attracted more star power amid a new global partnership deal.
Halkett takes the reins from Jenny Child, who has led Oroton since 2021.
The parent company of Tarocash and YD is reportedly witnessing a highly promotional market.
The slight nudge up was dragged back by a decent slump in fashion spending.
“We are playing the long game here," Bond-Eye Group CEO Steve Philpott says.
The deal will expand David Jones' customer base with millions of more Australians.
The retailer added more stores featuring the new concept are set to open ahead.
The marketing initiative is set to commence this weekend.
"Australia is at risk of becoming an economic sitting duck,” Ai Group CEO Innes Willox says.
Raju Vuppalapati reveals why he has stepped down.