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Chief economist Glenn Fahey shares a troubling peak period for retailers across Australia. Read more
AliExpress ANZ country manager Alfy Zhang said the research showed Australians are most focused on value right now.
Briscoe Group managing director spotlighted the Rebel team and management for the growth.
Global Fashion Group’s NMV fell 5.4 per cent, offset by a slight growth in its key Australia and New Zealand market.
“Each of our core businesses contributed to our positive results,” Playboy CEO Ben Kohn said.
The United States makes up the bulk of sales for the company that owns three Australian fashion brands.
The owner of Chatswood Chase and other centres has put its FY27 guidance under review amid David Jones' collapse.
“We have a well-developed plan on how to reset the business," CEO Erica Berchtold said.
“Our website remains open, our team is here and customer orders will continue to be shipped,” the brand owner shared.
COSBOA warns the latest cash rate rise will hit small business from three directions, with retail first in line.
This comes amid a sales surge, which City Chic boss Phil Ryan put down to improved product and a cull on discounting.
Footwear businesses were the hardest-hit category in the fashion space.
Scentre Group has reported that David Jones had paid all rent up to September 30 this year.
Both David Jones and its owner Anchorage Capital Partners have declined to comment.
The expansion follows a record year for parent company Fast Retailing, including its Oceania region.
ANZ Bank thinks Australia's cash rate could potentially surge above 5 per cent by the year's end.
Record fuel prices, a weak dollar and stubborn unemployment haven’t dented NZ retailers’ confidence heading into peak season.