ASX Announcements
Change of Director's Interest Notice
Change of Director’s Interest Notice
Change of Director's Interest Notice
Change of Director’s Interest Notice
Director Appointment/Resignation, Chair Appointment/Resignation
Change in substantial holding
June
Lawrence Myers goes all in on Packer, Accent Group
From his kids’ share portfolios to his own residence, Myers backs his employers.
Britain’s retail tough guy, Mike Ashley, sets his sights on Australia
The billionaire has turned one sports store into a global empire. Now Sports Direct is coming Down Under, with big plans to shake up the market.
April
British sports giant launches aggressive push to take on Rebel
British retail giant Frasers is opening its Sports Direct chain in Australia in a tie-up with Accent Group, where it is now the biggest shareholder.
Cettire recruits Accent shoe chief Daniel Agostinelli to its board
The online luxury store has overhauled its board and appointed the veteran retailer as it faces continued investor uncertainty about its outlook.
March
British giant Frasers to go big on Accent, roll out Sports Direct
The placement price is expected to be set on a volume-weighted average price basis.
January
Sales growth slows at Hype DC, Platypus shoe chain owner
ASX-listed retailer Accent Group turned to higher promotions to attract shoppers, but at the expense of its profit margins.
Young people are the happiest customers. 3 charts show why
Despite the cost of living, a cohort of Australian consumers is still willing to splash out $250 on a swimsuit. What’s fuelling their spree?
October 2024
Foot Locker goes all in on basketball with new Melbourne mega-store
The American sporting giant is hoping to grab the attention of a generation of shoppers who have more choices than ever for where to buy their sneakers.
August 2024
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.
July 2024
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.
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.
January 2024
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.
November 2023
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.
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.
September 2023
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.
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
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.
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.
May 2023
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.
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.