It’s not just women’s fashion that will be scoped by the bank.
This will affect stores in Australia and New Zealand.
This strategy already accounts for 7% of all transactions in boutiques throughout Australia.
"It has been dominating the street style scene for several seasons."
These are the Australian fashion industry's most influential figureheads.
It generated $75 million in revenue this year - not enough to save its scalp.
There are 4 factors holding them back from making a purchase.
The government is becoming increasingly fed up with our industry.
"This learning process led to making many mistakes which I like to refer to as lessons."
In one of the toughest trading climates, there's still cash out there.
The move could help it recoup some of its $437 million losses this year.