LDC has had to accept and action key provisions to get the green light.

However, Briscoe's net profit this half-year is expected to fall short of last year's record.

Mosaic is anticipating an eight-digit operating profit loss for FY24.

Its parent company WHL has also reassessed the carrying value of the Politix brand under Country Road Group.

This includes a $64 million bump up in fashion sales.

ABS data reveals the key contributor for the quarterly lift in fashion prices.

The brand's latest plans follow a retail concept shift post-COVID.

The store sellsadult goods, including lingerie, costumes and heels.

This comes as cost price inflation rose from 3.4 per cent in December to February to 4 per cent in May.

But it's not all bad news according to ANZ economist Madeline Dunk.

The apparel and lifestyle business has since released a statement against the allegations.

Long-running Australian-based c-suite executive Greg Healy will step down from the CEO position.

The partnership also involves a $100,000 investment by both parties towards Australia's fashion future.

David Jones and Target have reportedly lost the most customers over the last year.

Thrifting is up alongside growing demand for community support.

Laing has an extensive leadership career in Australian fashion.