Sydney will soon join the ranks of London, New York, Paris and Milan in celebrating its fashion heritage, with a permanent landmark to be unveiled at Sydney shopping precinct The Intersection in Paddington tonight.

Retail giant Specialty Fashion Group (SFG) will close 15 more stores before June 30.

Surfwear giant Billabong International has confirmed it could sell out to US private equity group TPG Capital, following dire group results for first half of the 2012 fiscal year.

Australian footwear chain Wittner shoes has introduced a new scan and go mobile application aimed at 'on the go' shoppers.

Womens fashion brand Decjuba unveils its Autumn/Winter 2012 collection.

Australian supermodel Miranda Kerr and designer Josh Goot were among the guests at the David Jones Autumn Winter 2012 Fashion Launch last night.

Women's activewear label Lorna Jane has launched an interactive social media campaign to raise brand awareness and engage its online fan base.

Clothing manufacturer Pacific Brands has announced a steep drop in group sales for the first half of the 2012 fiscal year, with expectations that the second half will be worse.

New Zealand department store chain The Warehouse Group is on the hunt for a new chief financial officer.

Having already shut 15 of its 44 stores after plummeting into administration, the Australian fashion retailer has revealed drastic plans to help claw back cash.

New Zealand jewellery chain Michael Hill International has today announced an after tax profit of $26.3 million.

The Australian finalists for the L'Oreal Melbourne Fashion Festival (LMFF) Designer Award have been revealed.

Local lifestyle design and brand house Shine Group has inked deals with two of the world's largest retailers and revealed plans to significantly expand its fashion offering, following strong preliminary sales results for the 2012 fiscal year.

A 'large' percentage of well-known fashion retailers have already signed up to Westfield and Groupon's new shopping initiative which is set to launch this month.

The Westfield Group's latest operational performance report has revealed a global net profit of $1.53 billion.

Womenswear brand Noni B has reported a 58 per cent rise in its first half net profit, with second half earnings also expected to improve significantly.