Financial
FollowFinancial Archives
Viva China to take control of shoe label Clarks
The move is part of Viva’s strategy to expand its portfolio of apparel and footwear brands.
Inside Citizen Wolf’s bold vision to reengineer the fashion industry
The co-founders of the made-to-measure clothing brand say they've been underestimated as 'those crazy guys making custom...
“Out of touch with reality”: Minimum wage increase splits industry
The Fair Work Commission’s decision on Wednesday to increase the minimum wage has been met with a mix of celebration and...
How retailers can adapt for B2B sales to drive e-commerce growth
Many retailers have identified an important growth opportunity in B2B e-commerce.
Countdown’s new DC will tackle food waste in the supply chain
The new 11,000sqm DC will feature a refrigerated inbound tunnel, varied temperature-controlled zones, and ‘ripening room...
Analysis: EOFY won’t end the tough times for many
Growth in sales revenue won’t be enough to offset the ongoing rise in the cost of doing business for some retailers – e...
Private equity stalks Boost, Betty’s Burgers parent
Quadrant offers Bain Capital an alternative exit path to a delayed listing plan.
Reliance, Apollo lodge US$6 billion bid for Boots business
Current parent, US group Walgreens Boots Alliance, is expected to retain a minority stake in the business, as high as 40...
Eyewear retailer Bailey Nelson has rapid growth sharply in focus at age 10
The low-cost chain recently opened its 100th store, in Victoria, and it has plans to get to 200 in short order, through ...
Mosaic Brands braces for a loss, as sales fall short of expectations
The loss may come as a surprise to investors given the company posted a profit over the first half despite four months o...
H&M, Lululemon back $250 million Fashion Climate Fund
More are expected to be announced in the coming months, with the fund hoping to raise $10 million from each.
Uniqlo owner to raise prices on fleece products due to weak yen
Consumer prices are surging in Japan after decades of deflation, driven by the yen's drop to a 20-year low against the d...
Authentic Brands Group backs out of Ted Baker deal
The future ownership of Ted Baker is under a cloud after the preferred bidder – Authentic Brands Group – withdrew its of...
Anne Klein, Lotto parent buys majority stake in Isaac Mizrahi
Global brand management firm WHP Global has bought a 70 per cent stake in Isaac Mizrahi from Xcel Brands, in a deal valu...
How Clearco’s revenue-based funding is shaking up success for Mr Consistent
After developing great cocktail recipes using the freshest ingredients, Mr Consistent went live in April 2020 – just as ...
Wellness clinic and spa Endota buys New Zealand’s Forme Spa
Forme Spa, New Zealand’s largest day spa group, has been bought by Endota, Australia's largest spa and wellbeing network...
Collapsed Missguided snapped up by Frasers Group
Frasers Group has bought fast-fashion business Missguided and plans to set it up as a standalone business within the gro...
Alibaba waives guidance as revenue growth slows in Covid’s shadow
Online GMV fell in April at a rate in the mid-teens on the company's China retail marketplaces, said CEO Daniel Zhang.
Retail sales surged nearly 10 per cent in April
High food prices have combined with increased household spending over the April holiday period as more people are travel...
ARA predicts $8.8bn mid-year spending spree as retailers quit excess stock
Forecasts show 52 per cent of consumers shopping mid-season sales will be doing so online. Around 6.2 million Australian...
Events
