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Rakshnna Pattabiraman

Rakshnna Pattabiraman is a Business News Journalist at Octomedia covering news stories, reports and insights pertaining to the field of retail and FMCG. Prior to joining Octomedia, Rakshnna has a background in journalism with a focus on lifestyle, fashion, tech and culture reporting. When she is not a news junkie, she is off exploring and hiking this humble planet.

From the author

Premier Retail to close four Sydney stores despite good performance

Despite losing 42,000 trading days to Covid restrictions, fashion chain lifted sales during the first half and its onlin...

Myer reports strong sales growth despite Omicron outbreak

Online sales and share grow – but Omicron's arrival could spoil the final figures.

Store closures and higher delivery costs impact Adairs’ performance

Adairs announced that group sales for the first half is at $242 million including a $12.5 million contribution from Focu...

Dusk sales drop as stores closed, but online growth cushions the blow

Sales were adversely impacted due to mandated store closures in NSW, Victoria and the ACT

Australia Post delivers 52 million parcels over Christmas period

With Omicron cases surging, 5.6 million Australian households shopped online for Christmas.

Most retailers adopt negative outlook in wake of Covid ‘wrecking ball’

The ARA seeks urgent government action on access to antigen tests, rent relief, targeted cash grants, cuts to red tape, ...

Escada America files for bankruptcy

Escada America filed Chapter 11 bankruptcy following store closures and challenges due to the pandemic.

Sotheby’s to auction Louis Vuitton and Nike ‘Air Force 1’ sneakers

Louise Vuitton and Nike 'Air Force 1' sneakers designed by Virgil Abloh are to be auctioned at Sotheby's.

Mosaic Brands shows promising revenue growth from online sales

The brand has recorded strong revenue growth despite challenges due to the pandemic during the past six months.

Ebay Australia expands Authenticity Guarantee to luxury sneakers

Ebay Australia offers authenticity guarantee certificate to high-end designer shoes

BWS launches ‘Snag a Donation’ campaign to donate $50,000 to charity

Liquor retailer BWS is encouraging Australians to upload a picture of their BBQ, snags included, to Instagram during the...

Roy Morgan survey reports sharp decline in consumer confidence

Consumer confidence is down b y 8.1 points to the level of 97.9 – the weakest result since 1992.

JB Hi-Fi sales fall, but online turnover soars

“In challenging circumstances, we have again demonstrated our ability to adapt and respond to meet the strong demand fro...

Omicron threatens retail workforce as Kmart and Target slash trading hours

With more team members having to isolate due to Covid, the retailer expects additional pressure.

Shopper founder Ben Walker has passed away

Shopper founder and CEO, Ben Walker passed away in his sleep on Saturday, 15th January. He was 47.

Step One launches new innerwear line for women in Australia

Step One focuses on making high-quality, ethically produced, sustainable innerwear.

Victoria’s Secret launches online store in Australia

The online store, which opened today, will house a range of products including fragrances, beauty and body care lines, a...

City Chic records strong revenue growth despite logistical disruptions

The business’ customer base increased by 23% during this period despite the pandemic and major supply chain disruptions,...

Isolation rules lifted for critical industries

Critical industries like transport and logistics, food supply and distribution networks, healthcare, emergency services,...

Flora & Fauna owner BWX appoints new Group CEO

The succession in leadership comes with an anticipation of  strong revenue growth for the financial year of 2022.

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