The next step for Australian apparel

It’s been a tumultuous start to the year for Australia’s apparel and accessories retailers. A December period marred by heavy discounting has left analysts muted on the upcoming earnings season and hopes that the string of insolvencies witnessed last year may abate have been dashed by news that David Lawrence and Marcs are in the hands of administrators. If the headlines look familiar it’s because they are, it’s only been a few months since Pumpkin Patch and Payless Shoes found themselve

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