Department store David Jones has revealed that the UK private equity firm behind a $1.65 billion bid for the company, has withdrawn its offer.

Last month, Kmart employee and the 2011 Young Retailer of the Year winner Jennifer Skeahan-Heugh set off on the 2012 Westfield World Retail Study Tour. In part one of a two part series, she details key learnings from retailers such as Zara, J-Crew, and Uniqlo.

Fashion chain retailer Country Road has responded to reports concerning its possible buyout of the Witchery Group.

The National Retail Association (NRA) has announced a list of finalists - including staff from Esprit, Myer, Carla Zampatti and Pumpkin Patch - who will vie for the NRA Young Retailer of the Year Award 2012.

New Zealand-based childrenswear retailer Pumpkin Patch has announced the resignation of its design director, following numerous changes over the last few months.

L'Oreal Melbourne Fashion Festival has forged ahead with its 2013 schedule, amid rumours of a potential date change to avoid a clash with Mercedes-Benz Fashion Week Australia.

UPDATE: Department store David Jones has confirmed EB Private Equity as the company behind a takeover offer.

The spring/summer 2012/13 Gasparre Cashmere collection is entitled 'The West Lake', inspired by the Eastern China city of Hangzhou. New fibre blends and technologies have been utilised for the range, such as hand dying on fine gauge to deliver translucently light printed scarves.

Womenswear brand Barkins is under new ownership with a fresh direction - and it celebrated the move with a launch event at its Barkins QV store.

A sportswear brand has launched a mass activation across two major capitals to cash in on one of the biggest global sporting events.

Australian swimwear label 2Chillies has signed actress Jodi Gordon as its first ever brand ambassador.

Australian luxury fashion distributor YTD has officially launched its latest venture, unveiling a Vera Wang boutique at the InterContinental Hotel.

Exclusive, limited edition product is just one trick Topshop has up its sleeve for an impending launch into Sydney.

The parent company of Saba, Sportscraft and Willow is set to debut some digital game changers.

Australian businesses received online orders worth $189 billion in the twelve months to 2010/11, soaring 32 per cent from $143 billion in 2009/10.

A landmark venture by acclaimed designer Vivienne Westwood will make its way to local shores.