If the deal goes ahead, Premier's Solomon Lew could be signed on as a new director on the Myer board.

The news came hours before an aggravated robbery on a local jewellery store south of Auckland CBD.

City Chic is now focusing on a single brand operating model.

"People before profits is something I wish I saw more often," brand director Tara McKeon said.

“We don’t just enter markets; we partner with them on a journey,” Heinemann Oceania managing director George Tsoukalas says.

LSKD chief retail officer Alex Shaughnessy said the store will add to the brand’s ongoing connection with Toowoomba. 

It's key Mother's Day trading was impacted by delivery delays amid the disruptions.

Australian sales at Kathmandu are in line with trends, but New Zealand remains challenging.

It comes less than a year since City Chic exited Europe by selling off Evans.

Business confidence has now declined in 9 of the 14 years in May following the Federal Budget.

Equity analysts claim the apparel market in the UK is highly competitive.

Namoi is fielding two takeover offers that could "substantially lessen competition" across Australia.

Insolvency rates will continue to rise until the RBA provides interest rate relief, CreditorWatch claims.

The Sydney-born streetwear label now has seven stores globally.

“It’s disappointing there is no immediate relief in this budget," ARA chief industry affairs officer Fleur Brown said.

It comes as redundancy and restructure enquiries double in 2024, according to the National Retail Association.