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But the report doesn't consider the surge of both Shein and Temu in Australia as a key concern. Read more
The apparel group's accumulated losses over the last five financial years hit around $346 million.
The single largest owing is $13 million to Hilco Capital, the footwear brand's owner, which also now owns Cue and Veronika Maine.
“FY24 was a year of investment and consolidation," a David Jones spokesperson told Ragtrader.
Three retailers were forced to pay $19,800 for allegedly misleading Black Friday sales adverts.
“We are playing the long game here," Bond-Eye Group CEO Steve Philpott says.
Raju Vuppalapati reveals why he has stepped down.
This is the first time since FY19 that a CEO outside the ASX100 has topped the ASX200 in terms of total pay.
The new appointee has held the leading role at UK department store Debenhams and global fashion brand Calvin Klein.
"No animal should be killed for fashion," Collective Fashion Justice founding director Emma Hakansson says.
This comes nearly a month after the parent company overhauled its leadership and board.
Relive Ragtrader's sold-out Breakfast of Big Ideas in Sydney this year.
Co-founder and CEO Bernadette Olivier called the move a significant milestone
KMD Brands CEO and managing director Brent Scrimshaw reveals what impacted sales for Kathmandu this year.
"These are not healthy figures indicative of a strong and growing economy," Roy Morgan CEO Michele Levine says.
It’s that time of year when Ragtrader names the top marketing professionals for 2025.
This is despite Shein seeing a 20% MoM lift in local website traffic.
Key signatories include Michael Hill, The Warehouse Group and the parent company of Rebel Sport NZ.
Despite the elevated numbers, market analysts are projecting that total insolvencies have been levelling out in 2025.
The new store concept has been featured in Melbourne and in Sydney's west in Parramatta.
