Its parent company WHL said the retail sector in Australia and New Zealand "remains challenging and highly promotionally driven."

A global awards program is now underway, with the winner receiving €150,000, equal to just over a quarter of a million dollars in AUD.

Ten finalists have been revealed in the 2026 National Designer Award, with the top prize including $20k in cash.

“We are introducing a more streamlined management structure model," a Myer spokesperson told Ragtrader.

Economists think we are in for a cash rate hike next month.

The launch coincides with the debut of Bridgerton season 4, which will be released in two parts. 

The brand recently partnered with a tennis player to launch a new range.

The move is expected to drive the local sale and distribution of licensed Netflix products, including apparel.

Decjuba owner and chair Tania Austin said this 10-year milestone is a powerful reminder of what can be achieved.

The range was developed in 18 months.

“This campaign is about turning national pride into practical support," Chris Bowen, Minister for Climate Change and Energy, said.

Profits fell by around $3.5 million, despite revenue lifting by around the same amount in the same time frame.

The firm wants to protect its commercialisation journey through fashion and agriculture.

"These results reflect how our teams have embraced change and executed with greater focus and pace,” CEO Jonathan Waecker says.

Fashion inflation has swung back to growth in the December quarter.

The pair will launch a bespoke in-store pop-up as tennis and fashion fuse during AO26.