ASX Announcements
Company Secretary Appointment/Resignation
Company Secretary Appointment/Resignation
- Sep 30, 2024
- 1 page
Application for quotation of securities - AX1
Appendix 2A (Application for Quotation of Securities)
- Sep 2, 2024
- 7 pages
August
Billionaire Blundy offloads big Accent stake to British retailer
Brett Blundy has sold his shareholding in ASX-listed Accent, which is behind the Hype DC and Platypus chains, to London’s Frasers Group.
- Sarah Thompson, Kanika Sood and Emma Rapaport
July
Bombed out retailers stage comeback ahead of results season
There is plenty of pressure on household budgets, but retailers from Universal Store to shoe chain owner Accent Group say trading is picking up.
- Carrie LaFrenz and Joanne Tran
Blundy’s Accent Group plots overseas expansion with Nude Lucy
The move would be the first time that the company, better known for its shoe brands including Platypus and The Athlete’s Foot, has operated in another market.
- Carrie LaFrenz
January
- Opinion
- Chanticleer
Brett Blundy hires Mark McInnes as golden handcuffs come off
McInnes is cautious about the consumer outlook, but says the retailers inside the empire of his billionaire new employer have the three traits needed to win.
- James Thomson
November 2023
- Opinion
- Retail
Why Black Friday discounts could come back to bite retailers
In a desperate attempt to boost lacklustre sales, retailers have turned what was originally a short, sharp shopping promotion into an extended margin-sapping clearance sale.
- Sue Mitchell
Accent shares tumble 10pc as wholesale sales dry up
The name behind Hype, Platypus and Hoka shoe chains says wholesale sales are under pressure, reflecting softer consumer demand.
- Carrie LaFrenz
September 2023
- Opinion
- Retail
Retailers hope new stores will beat the spending blues
New stores are helping retailers grow topline sales but if conditions deteriorate, they may drag on earnings.
- Sue Mitchell
This ugly shoe is taking over the world, and making Brett Blundy a motza
From the French Alps to Bondi Beach, Hoka’s popularity is booming. Its local distributor, Accent, has plans to open up to five stores over the next 12 months
- Carrie LaFrenz
August 2023
Strong profits restore hope in soft economic landing
With four workdays left in this reporting season, most companies are doing better than expected, but China’s economy and WA’s labour shortage worry investors.
- Tom Richardson and Carrie LaFrenz
June 2023
Amazon moves closer to $5.5b Australian milestone
A perfect storm is brewing for the US retail giant to gain more share of consumers’ wallets propelled by a weaker macro backdrop.
- Carrie LaFrenz
May 2023
- Analysis
- Sharemarket
ASX retail stocks are on a horror run for good reason
Foot Locker and Universal Stores have warned of a downturn as retailers skewed to low and middle-income earners are punished by the market.
- Tom Richardson
Diversity ‘laggards’ IAG, Reece, Accent seek female directors
The companies were called out by super funds for having less than 30 per cent women on their boards.
- Hannah Wootton
February 2023
Hype DC owner starts second half with a bang
Accent Group also operates branded stores Stylerunner and Glue, and says same store sales growth is up 16 per cent in the first seven weeks in the second half.
- Updated
- Carrie LaFrenz
As the wealthy buy $100k-plus cars, the mortgage belt feels the squeeze
Demand for new cars above $100,000 and luxury wine continues unabated, but there’s a big shift to value hunting in middle Australia.
- Updated
- Simon Evans and Carrie LaFrenz
Younger brigade still spending up
Spared from the worries of rising home loan repayments after nine rate rises, most younger consumers are still spending briskly.
- Simon Evans
December 2022
Travel vs retail: the battleground for discretionary spending in 2023
A fight is simmering: travel versus retail spending. There will be a looser.
- Carrie LaFrenz and Lucas Baird
November 2022
- Opinion
- Sharemarket
These retail stocks should be in your Christmas stocking
When it comes to navigating cyclical or structural challenges, retailers are the masters of adaptation.
- Elio D'Amato
August 2022
So far, consumers are willing to pay higher prices for what they want
The point at which shoppers say enough is enough and stop spending after price rises on a range of discretionary products hasn’t been reached yet.
- Updated
- Simon Evans and Carrie LaFrenz
Hype and Platypus owner profits dive but upbeat on outlook
Accent Group lost nearly $100 million in sales from store lockdowns in fiscal 2022, but the company has got off to a better start for the new financial year.
- Carrie LaFrenz
July 2022
Hype and Platypus owner Accent Group shares slump 12pc
The retailer warned sales at the end of the 2022 fiscal year were lower than expected, triggering a sell-off of more than 10 per cent.
- Carrie LaFrenz