Business

Administrators of collapsed surfwear retailer The Brothers Neilsen are working to maximise the value of its assets following a failed sale bid and subsequent liquidation. Administrator John Greig, a partner at Deloitte Corporate Reorganisation Group, said the assets of the company included its stock, fixtures, fittings and brand name.

Overheard

"It's in Spanish but..."

MELBOURNE: Spanish label Paramita will descend on the Melbourne Exhibition Centre this September with a view to breaking into the Victorian market.

SYDNEY: Sapato Imports has picked up a new footwear brand and plans to drive sales by bolstering its partnerships with the fashion retail sector.

NATIONAL: Australian branded childrenswear retailer Australian Kids has made a dream debut in the Spanish market, with a wholesale and distribution strategy now in the works.

Melbourne-based High Street chain Sportsgirl is set to shake up the domestic retail market. After intensive collaboration with UK-based architectural firm HMKM and creative marketing specialists Yellow Door, the youthwear chain is now preparing to launch its first "super-flagship" site in Bourke Street, Melbourne.

SYDNEY: Menswear retail giant Retail Apparel Group (RAG) has knocked back an offer from private equity firm Catalyst Investment Managers, citing financial differences.

NAME Michael Christofis

Web Briefs

Kids fire risk NATIONAL: Australian homewares and apparel retailer Lincraft has recalled a range of bath robes after authorities found they failed to comply with mandatory safety standards for children's nightwear.

Raw and Ready

Fashion agents are often described as the 'middle men' of our industry. But, as Assia Benmedjdoub discovers, Raw Fashion represents more than just a shaking of hands.

Just in

Research just out states that the average woman spends around 12 months of her life shopping. But how does this differ between generations and does she spend more than her male counterpart on fashion? Tracey Porter investigates.

<p>SYDNEY: The fashion industry is this week mourning the loss of Mark Keighery, who succumbed to cancer at Sydney's Royal Prince Alfred Hospital just after 10pm on July 17, following a nine year battle with the disease. Keighery, who founded iconic Australian brand Marcs and was regarded as a leading light of the Australian fashion industry, died surrounded by his wife Lisa, sons Jack, 11, and Harry, eight, and close friends. He was 53. </p>

NATIONAL: First Bendigo. Then Australia wide. Now department store Myer is set to take on the world. The Melbourne-headquartered giant has announced it will launch its first international store in Dubai late next year, followed by a launch into the wider United Arab Emirates (UAE) market and an entry into Eastern Europe.

NEW ZEALAND: Sydney-based designer Kirrily Johnston is set to boast a Kiwi first after becoming the first Australian designer invited to stage a show at September's Air New Zealand Fashion Week (ANZFW). The high-end womenswear designer will join Christian Morris label Skunk Funk in flying the Australian flag at the event, in the first of what ANZFW managing director Pieter Stewart hopes will become an &quot;ongoing Trans-Tasman fashion exchange&quot;.

Best of the Web

Henley's aims high NATIONAL: Streetwear label Henleys is aiming to capture a larger share of the high-end boutique market.