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Paul Zahra and Bernie Brookes, former CEOs of David Jones and Myer respectively, share their predictions. Read more
US brand Gap has tapped a local distributor to revive the brand locally, starting with a nationwide push through Myer.
The new CEO comes over from Moncler Group.
Solomon Lew's Premier Investments will leverage its existing expertise in the wholesale channel, driven through Smiggle.
“We do not believe that supplier relationships should be exited lightly," R.M.Williams shared in its FY25 Modern Slavery Statement.
Investor analysts have been watching the emerging retail brand and how it can impact its key competitor Lovisa.
The 115-square-metre concept store will stock a curated range of Timberland products.
"Retail workers cannot afford further delays," ARC CEO Chris Rodwell said.
Retail NZ CEO Carolyn Young said the rules around Easter trading are confusing, inconsistent, and outdated.
KMD Brands group CEO and managing director Brent Scrimshaw welcomed the support.
The receivers are continuing to operate the businesses while an urgent sale campaign is undertaken.
This comes as the global sleepwear market is set to hit a value of US$25 billion by 2034.
HM Group operates around 4,100 stores globally, with 940 stores across Asia, Oceania (including AU/NZ) and Africa.
Investors think Australia's lingerie market is set for a boom in the next few years.
