Inflationary pressures impacted the majority of costs across the business.

It is the first time Akubra has offered the leading role to someone outside the Keir family.

Managing director Briony Oayda says it is the first step in an ongoing relationship.

It comes following a 12-year career at the global marketplace.

So far, Accent Group has acquired 73 The Athlete’s Foot stores to date. 

It comes amid a deflation spiral in footwear across Australia.

The activewear brand initially launched into the category in 2022, selling it to select countries.

It follows a data-driven rebranding by Trenery, launched in August last year.

Modibodi has partnered with four Australian organisations to drive this.

It forms part of a $4 billion pipeline of future retail developments.

The Australian jewellery chain opened its first stores in both mainland China and Vietnam.

Rebel sales dropped 1 per cent amid initiation costs of its rebooted loyalty program.

Perfect Stranger has also driven the lift with double-digit sales growth.

“If it’s the fashion industry that makes the profits, then it must be responsible for doing better by the environment."

The winner is planning to establish a micro mill in North West Tasmania using the funds.

Until now, textile-to-textile nylon 6,6 has been unrecyclable.