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“The Australian business is making solid progress in managing costs and closing underperforming stores," TFG reported. Read more
Clothing continued to strengthen through improved range and less clearance activity at Big W, Woolworths Group reported.
UBS also pointed to an increased pace of store rollout that could further support top-line strength.
All the winners and finalists from a power-packed ceremony in Melbourne.
Ragtrader spotlights the top technology leaders in Australian fashion.
July proved to be another challenging month for Australia’s fashion industry.
Six more stores are expected to open between now and Christmas.
The fashion group focused on full-priced sales and pulling back discounting, with bottom-line losses shrinking dramatically.
Clothing and footwear remains a popular gift for Dad, revealed in data from the ARC and Roy Morgan.
“An OCR increase like this will have an immediate impact on our retailers," Retail NZ CEO Carolyn Young says.
“Our strongest-performing content generated engagement equivalent to more than 300 per cent of our existing follower base."
According to the brand, it is tapping into a “massive” pre-loved market for its baby and kidswear.
The index dropped after four consecutive gains the last four weeks.
Nicole Miller generates $650 million per year in revenue, and is aiming to scale further in Australia.
Breaching these new rules will be punishable by up to two years’ imprisonment, a $5,500 penalty or both.
Retail consultant and 6one5 founder Bill Rooney unpacks Seafolly’s pricing strategy in China.
