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Financial Archives

Eco-retailer Ecolateral collapses into administration

Jamie Stott, CEO of Ecolateral, said the current economic climate and future outlook have led to this “heartbreaking dec...

Australians set records for pre- and post-Christmas retail spending

The data shows pre-Christmas spending hit a record $74.5 billion – 8.6 per cent ahead of last year, a figure that “defie...

The Daily Edited has been bought out of liquidation

New owner, Colette by Colette Hayman parent BJM, promises its new subsidiary will continue to operate as a standalone br...

Kogan buys online furniture chain Brosa

Kogan plans to relaunch Brosa with "an expanded range and value" and maintain its brand and website.

What’s next for David Jones under Anchorage Capital? Analysts weigh in

"The next five years is the inflection period. It'll either be resized into a chic department store business with an onl...

Old dog, new tricks: Why Woolies invested in PetStock

Supermarket giant Woolworths dropped $586 million into the pet sector last week. Here, we look at why.

L Catterton invests in plus-size fashion platform BloomChic

The investment and partnership will help BloomChic scale up its operations and offerings.

David Jones acquired by Anchorage Capital for undisclosed sum

Private equity firm Anchorage Capital Partners has entered a binding agreement to acquire David Jones from South African...

Mike Ashley’s Frasers buys JD Sports’ premium fashion brands for $58 million

JD Sports added that the deal for eight of the businesses and all debt owed by divested brands to JD Sports has closed i...

Too big to be small: Why retailers like Brosa struggle post-Covid

Declining sales following the lifting of Covid-19 restrictions – and cash flow pressures after a period of phenomenal gr...

How online growth is driving the closure of Beer Cartel’s bottle shop

Beer Cartel is shuttering its sole physical store and returning its online-only offering. Here, we speak to co-founder R...

Sale of David Jones to private equity firm reportedly in final stages

Private equity firm Anchorage Capital Partners is reportedly in the final stages of acquiring David Jones from Woolworth...

Woolworths takes controlling stake in pet chain Petspiration

“Specialty pet is a logical adjacency given the high penetration of pet ownership across Australia and New Zealand,” sai...

Opinion: Why 2023 could be a solid year for retail

There are plenty of reasons to be sceptical about the sector in the year ahead, but the sector is better prepared for in...

Brosa collapses into administration; buyer sought

KordaMentha is seeking expressions of interest in the business as a going concern.

Woolworths set to sell stake in Endeavour Group for $636 million

Australian supermarket giant Woolworths Group is selling a 5.5 per cent stake in Endeavour Group for $636 million.

“Frustrated”: Lovisa staff call out underpayment, poor workplace culture

Allegations from staff are coming thick and fast after former employee Marissa Tukuafu shared her experiences working at...

Lanvin Group to make NYSE debut this week

Lanvin will start trading on the stock exchange this week under the ticker ‘LANV’.

Booktopia reveals its new directors as it puts boardroom stoush behind it

Beleaguered pureplay online bookseller names two new board members, ending a tumultuous chapter in its life.

VIDEO | The Future of Food: Unpacking food delivery

In this episode, we speak to industry expert and Ecom Nation co-founder Mal Chia about how food delivery has changed in ...