"Retailers cannot continue to rely on heavy discounting strategies to keep their businesses afloat," NRA interim CEO Lindsay Carroll said.

One indicator shows that 'sticker shock' may be fading.

Fashion sales have fallen by $33 million from May 2023 to May 2024, with department stores falling near the same amount.

An estimated 62% of textiles sold in Australia are made from synthetics, RMIT researcher Dr Tamzin Rollason said.

The brand is now looking to the West Coast of Australia for new retail locations.

“AI is not a set and forget technology,” Bartier Perry commercial partner Rebecca Hegarty said.

But it's not enough to end the dry spell for the index.

The brand now has 11 outlet stores nationally.

Secured creditors is estimated to make up $29.1 million.

Samsara Eco scored $100 million in funding, and plans to build new recycling facilities across South East Asia.

“We are on a road to regulation," Seamless CEO Ainsley Simpson said.

Shein is offering $10,000, $5,000 and $3,000 for the top three winners respectively, alongside an incubation program.

By the end of July, Helly Hansen will have 12 stores across Australia and New Zealand.

Robin Mendelson serves as a director across various tech-led companies across the United States.

The brand operates over 90 retail locations across Australia.

"Retailers will be holding their breath over the next six weeks," National Retail Association director Rob Godwin said.