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.

There is one immediate step that retailers should make, according to RMIT professor Vinh Thai.

It will be the fourth store in New South Wales for LSKD.

Overall gross sales were driven by Kogan.com's membership program.

Franke4 scored highest in the impact area of community.

The competition entry deadline was also pushed back by a week.

Caprice Australia is the owner of the Mambo brand and oversees production for many licensed goods.

The footwear brand is pushing a discount strategy to entice shoppers on opening day, today.

A deadline has been set and both parties are calling for more backers.

Peak body Retail NZ is applauding the move, calling for a simplification of the card payments system.