But Mark Teperson has vowed to continue in the role given his favourable prognosis.

The new store will add to over 160 nationwide.

The new facility is capable of processing over 10,000 tonnes of materials annually.

"We believe fashion doesn’t need to be new to be inspiring," Savers Australia MD Michael Fisher says.

"Thoughtful, modern, product-led environments will define our approach moving forward," Mimco GM Jennie Moon says.

This comes as total sales for the Kogan group lifted 22.4 per cent in the same time frame.

Lovisa recently shared a trading update this morning that appears to be below market expectations.

The footwear conglomerate told shareholders that retail market conditions remain challenging in FY26.

School shoe brand Harrison has been selling exclusively in the wholesale space since 1948.

Uniqlo Australia chief financial officer Tim Routley said this could elevate the retailer's local leadership in future years.

JD Sports APAC CEO Hilton Seskin said Myer One has a significant and engaged existing membership base. 

It will be the first full-price store for New Balance in Australia.

Sweeney most recently led the Catch marketplace, while Rendo helped oversee the merge of Apparel Brands into Myer.

But prior years show NZ apparel sales are set for a major jump in the lead up to Christmas.

This year’s showcase brought together 17 graduates.

Sarah-Jane Clarke helped design a limited collection to drive income for Papua New Guinea communities.