From July 2025, federal government tenders for textiles above $1 million must meet agreed sustainability outcomes.

The resale market globally is expected to hit US$350 billion (A$542 billion) by 2027.

The marketplace has also witnessed a triple-digit boom in its operating profit for the quarter.

It comes amid a paid marketing strategy shift for the user-driven print-on-demand marketplace.

Managing director George Tsoukalas will now lead the newly renamed business under the same title.

It comes following media reports suggesting that there were 50 redundancies in Myer's head office.

Almost a third of businesses are unsure whether they will survive the next 12 months.

ANZ economist Madeline Dunk confirmed confidence fell across the three housing cohorts.

"‘Made in Australia’ cannot compete with low-cost goods made offshore," co-founder Zoltan Csaki writes.

Venture capital towards fully female-founded businesses doubled since 2022, to just 4 per cent.

This is up from 29 per cent reported in March 2024, and 26 per cent in late February.

Jackie Mack Designs is believed to be the only Australian-born jewellery brand selling at Bloomingdales.

The trio have driven a 12% surge in online sales in the last six months.

The installation is in collaboration with London's Tate Gallery.

Apparel is reportedly the second-largest sector in total deal value.

Price points have not been affected, the Australian label reports.