Business

Fabrics and fibres used by Australia's fashion designers and textile specialists may be bright - but the future of the industry is not according to industry-based researchers from Ibisworld. Pippa Chambers reports.

Local lingerie label Honey Birdette will more than triple its Australian store count, after securing support from the same private equity firm which backs intimates chain Bras N Things.

Every month Ragtrader pairs RMIT fashion and design students with an established designer for a professional one-on-one. In this edition, RMIT graduate Gabriella Ferrante asks George Gorrow, co-founder of iconic local label Ksubi, for his advice.

Fashion retail expert Brett Stevenson presents the latest in a series of financial management columns. Here, he details steps to take financial control of your business.

Neuw snares Segal

Bloomingdales, Fred Segal, Urban Outfitters and Barneys New York have marked a successful raid into the US market by Melbourne-based Neuw.

Designer womenswear label Woodford & Co has had a chaotic descent into liquidation, with liquidators racing to secure funds from retail debtors in order to satisfy creditor demands.

Go with the flow

The past year has seen an increasing number of companies crumble into administration. As financial conditions continue to put the pressure on, Daniela Aroche looks at the cash flow crisis affecting fashion firms.

The Council of Textile and Fashion Industries of Australia called a recent presentation by him “an eye opener” for the industry. Here, The New Pop’s Alastair McCann presents the five most dangerous threats facing australian retailers.

Melbourne-based apparel supplier PSS Clothing, which is owed $2.2 million from the recently liquidated BEM Corporation, has now itself plummeted into administration.

The founder of jewellery chains Diva and Colette has confirmed plans to rebrand the Colette Accessories label and boost store count significantly, in the wake of a trademark dispute with Australian designer Collette Dinnigan.

Vince Camuto, the co-founder of fashion footwear brand Nine West, is preparing to establish a retail network in Australia for his latest venture, after testing the market earlier this year.

Not a single Australian apparel retailer passed a website functionality review by global research giant Forrester, Ragtrader can reveal.

Eclectic direction

Last month, trade fair Fashion Exposed showcased emerging styles, colours and fabrics for spring/summer 2012. Here, Ragtrader asks trend-forecasting firm WGSN to identify the key trends for the season.

Ragtrader can reveal close to 100 unsecured creditors were impacted by the administration of prominent womenswear label Little Joe.

Q: What challenges does the local fibres and fabrics industry face?

Recent natural disasters have left some independents in dire straits. Free help is at hand, Carol Hanlon advises.