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Financial

Financial Archives

Booktopia searches for new CEO after Tony Nash steps aside

The company described the trading environment for e-commerce companies as “volatile and unpredictable” and warned it exp...

Woolworths sales soar 10 per cent despite challenges of last quarter

"High levels of Covid-related team absenteeism and the disruption to our broader supply chain resulted in inconsistent c...

Slam dunk: Brand Collective sees big basketball opportunity for Reebok

The fashion and footwear retailer plans to open a handful of “small flagship” Reebok stores, invest in the brand’s onlin...

Mosaic Brands struggles to keep up with trade

Despite the volatile conditions, the company is optimistic about the second half of the financial year as more customers...

Meta Store brings the social network to the metaverse

By following Apple store’s tradition of putting the technology in the palm of the consumers’ hand, Meta aims to take Fac...

From the source: Tristan Harris, Harris Farm Markets

Late last year, Harris Farm launched back into Queensland, both physically and digitally. And the business has eyes on V...

Kogan’s gross sales decline during third quarter

Kogan registered a moderate sales decline during its third quarter with consumer demands not meeting expectations.

Coles boss confident supermarket can stay on top of rising food prices

Chief executive Steven Cain said yesterday the supermarket has consistently stayed below national food price averages, a...

Pureplay retailer Adore Beauty reports solid third-quarter results

The company has launched its fourth podcast dubbed ‘Makeup School’ in the third quarter along with Beauty IQ, Skincare S...

Coles sales surge despite pandemic, floods – but Covid costs $65 million

The company said staff absenteeism related to isolation requirements during the Omicron outbreak led to “availability ch...

City Chic off to a good start in first half

The brand has also made strategic investments in its inventory levels to support future growth demands and to manage sup...

Melbourne flower delivery service Lvly snapped up by Malaysian investor

Established in 2015, the Melbourne-based startup offers a same-day flower delivery service.

Australian retailers can guard against currency-driven price fluctuations

Australian retailers have to take some steps to protect their supplies from the vagaries of currency fluctuations.

Bigger is better: Former PAS Group CEO talks Brand Collective merger

Here’s the real reason private equity firm LK Group decided to mould PAS Group and Brand Collective into a single $600 m...

Emperor Champagne plans physical expansion following strong online growth

The Champagne specialist is scouting locations in Sydney and Melbourne for its first physical stores and gearing up for ...

PAS Group, Brand Collective to merge into $600m retail powerhouse

New company will boast 26 brands, 300 retail locations and 3000 staff.

Redbubble sales fall despite Covid boosting online shopping

Sales fell by 16 per cent in the third quarter, despite a high level of returning customers who first engaged with the b...

Meat subscription start-up Our Cow tramples $1.5m equity funding goal

The service, which connects Australians directly with farmers, is aiming to use the growing investment to scale up and i...

BNPL firm Pay It Later faces wind-up order, as SMEs claim bills unpaid

Those claims of non-payment come amid reports of a legal battle over the direction of Pay It Later.

Uniqlo owner sees big profit drop in China due to Covid restrictions

Fast Retailing has more Uniqlo stores in China than in its home market of Japan.