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The marketplace has also witnessed a triple-digit boom in its operating profit for the quarter. Read more
"Fashion rental has a vital role in transitions to sustainability in fashion," UTS associate professor Timo Rissanen said.
In 2022, Kmart and Bunnings halted the use of FR technology in Australia after a similar inquiry was launched.
The global athleticwear retailer launched an enzymatically recycled nylon 6,6 style in February with the same Aussie enviro-tech startup.
Chairman Bernie Brookes confirmed the business could be sold or work towards a DOCA.
The National Retail Association believes cost-of-living solutions must involve the tackling of business costs.
Parent company PLBY Group is preparing to close Honey Birdette stores in Australia to further drive growth.
It comes amid a paid marketing strategy shift for the user-driven print-on-demand marketplace.
Managing director George Tsoukalas will now lead the newly renamed business under the same title.
Almost a third of businesses are unsure whether they will survive the next 12 months.
ANZ economist Madeline Dunk confirmed confidence fell across the three housing cohorts.
It comes following media reports suggesting that there were 50 redundancies in Myer's head office.
This is up from 29 per cent reported in March 2024, and 26 per cent in late February.
"‘Made in Australia’ cannot compete with low-cost goods made offshore," co-founder Zoltan Csaki writes.
Jackie Mack Designs is believed to be the only Australian-born jewellery brand selling at Bloomingdales.
Venture capital towards fully female-founded businesses doubled since 2022, to just 4 per cent.
The trio have driven a 12% surge in online sales in the last six months.
The installation is in collaboration with London's Tate Gallery.
Apparel is reportedly the second-largest sector in total deal value.
Price points have not been affected, the Australian label reports.
