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Financial

Financial 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...