News

Designer Therese Rawsthorne has launched her first ever retail flagship in Sydney via a two-month residency in Surry Hills.

Pumpkin Patch's chief executive officer has announced his resignation - on the same day the company's year end results revealed a huge plunge in profits.

Zambesi goes global

UPDATE: Fashion label Zambesi has launched its international e-commerce site in a move to boost global awareness of the New Zealand-based brand.

A devastating earthquake and warm winter have contributed towards a decline in sales and profit for clothing retailer Hallenstein Glasson Holdings.

Belinda Seper has regained control of her luxury boutique chain, after creditors voted in favour of a deed of company arrangement earlier this week.

Surfwear giant Billabong International has acquired Sydney-based retailer Surfection, taking 100 per cent control of the company.

Global footwear and accessories brand Staccato has arrived in Sydney.

Oroton on the rise

Oroton Group has reported a 12 per cent rise in group revenue for the 2011 financial year, with like-for-like store sales also up.

The resurfacing of Colorado Group comes just three months after receivers confirmed despite "more than 50" expressions of interest in the business, not one brand had been sold.

Fashion brand house Gazal has launched a transactional site for Body Nancy Ganz and backed it with a glamourous advertising campaign.

The Online Retail Industry Awards (ORIAs) has announced its finalists, with several fashion etailers in the mix.

Adventure apparel and outdoor equipment retailer Kathmandu has bucked the current retail trend, reporting a 55 per cent lift in profit and a 24.5 per cent increase in sales for FY11.

Department store David Jones has reported a drop in net profit after tax (NPAT) to $168.1 million, in line with guidance released earlier this year.

Denim retailer Jeanswest has appointed a new chief executive officer (CEO) to add 'firepower' to its international brand.

The middle man

Australian fashion wholesalers have been subjected to a range of structural and financial pressures in recent years. Ragtrader takes a current look at the state of wholesaling and its five year outlook.

Brave new world

How are fashion boutiques responding to the rise of designer-operated online stores and rampant discounting across the retail market? Ragtrader gathers an industry roundtable to discuss.