Retail wage growth is also the second-lowest in annual growth terms. Read more
The local uniform supplier helped redesign new outfits for Harvey Norman and Domayne staff.
In trend terms, Stats NZ figures show fashion spending is at its lowest point, at least in the last two years.
ANZ economist Madeline Dunk claims rising confidence in recent months is flowing into household spending.
The lingerie brand's gross margin is also up by 200 basis points.
"Every reduction helps nudge us towards a brighter outlook for retail,” ARA CEO Chris Rodwell said.
Head of marketing Rebecka Jonsson reveals why.
But not by much.
Platypus head of marketing Georgia Randall thinks there is a clear gap in the loyalty landscape across Australia and New Zealand.
The collaboration has an overall aim of commercialising textile recycling in Australia and globally.
NZ consumer confidence is nearly 10 points above Australian consumer confidence, despite an arguably more challenged economy.
The sporting apparel brand reportedly took steps to alleviate concerns raised.
The board also appointed two new members at the recent AGM.
“Expanding into the U.S. is a natural progression for Seafolly," Seafolly CEO Brendan Santamaria said.
This comes after Playboy expanded its board from five to seven seats earlier this year.
Many signs point to a strengthening Australian economy, Roy Morgan CEO Michele Levine says.
ASICS Oceania managing director reveals why the investment is important.