This Month
The co-CEOs who learned the secret to business from ... pasta
Shaun Greenblo and Elliot Midalia are managing directors at Boody, a bamboo-based clothing company. They both meditate – in their own way – before office hours.
- Lauren Sams
June
How fashion and beauty are cashing in on the Olympics
The 2024 Games are being called “the fashion Olympics”, and Australian brands are muscling in on the action.
- Lauren Sams
Cettire CFO facing multimillion tax bill on ‘worthless’ share options
Tim Hume is one of the biggest casualties of a slump in the luxury retail platform’s share price. He faces a large tax bill, while his options are out of the money.
- Carrie LaFrenz and Jonathan Shapiro
Brokers turn on Cettire after profit downgrade
The company’s shares fell again on Tuesday as analysts doubted whether a soft luxury market was the only cause of its dramatic downgrade.
- Jonathan Shapiro and Carrie LaFrenz
- Retail Winner
- Women in Leadership
‘You need to trust your gut’: How to build an empire
The founder and CEO of MCo Beauty, the winner of the Retail category, knows she is underestimated. It’s what drives her to succeed.
- Lauren Sams
- Analysis
- Analysis
Cettire downgrade cracks market’s brittle trust
New battlegrounds have been drawn after a shock profit downgrade halved Cettire’s sharemarket value.
- Jonathan Shapiro and Carrie LaFrenz
Cettire plunges 50pc on profit downgrade as luxury pinch strikes
Cettire blamed a challenging environment in online luxury fashion for a big earnings miss that sent its share price tumbling.
- Updated
- Jonathan Shapiro and Carrie LaFrenz
Myer outlines massive expansion plan with Just Jeans, Jay Jays buy
The department store has proposed acquiring several brands owned by Solomon Lew’s Premier Investments, its largest shareholder, in a bid to trigger growth.
- Kylar Loussikian
Collapsed Dion Lee owes $20m to Levis family’s Cue
An entity linked to Cue extended $20.3 million in working capital and funding since January 2022, making it Dion Lee’s number one creditor ahead of the Commonwealth Bank.
- Vesna Poljak and Carrie LaFrenz
- Exclusive
- Retail
City Chic sales smashed by 30pc, capital raise documents show
The women’s specialty fashion retailer is raising $27.5 million at a steep discount, investors were being told this week, with its bottom line deep in the red.
- Carrie LaFrenz
France has a plan to end fast fashion – now Australia does too
As cheap clothing clogs landfill, the fix is in: tax it.
- Lauren Sams
- Exclusive
- Retail
Country Road owner probes claim suppliers pressured into ‘rebates’
Woolworths Holdings has engaged a law firm to investigate whether managers improperly pushed for price cuts, threatening to buy less, to meet earnings targets.
- Carrie LaFrenz and Jonathan Shapiro
- Exclusive
- Retail
AFL stars launch a unisex streetwear brand
Bombers Zach Merrett and Jayden Laverde are thinking beyond their football careers with the launch of unisex streetwear label Dryp.
- Carrie LaFrenz
Bill targeting Chinese imports could smash Cettire’s US sales
Barrenjoey analysts have told clients the so-called Americas Act could force up prices on the luxury marketplace, making customer retention much more difficult.
- Carrie LaFrenz
Better than the real thing? How beauty dupe culture took over
Social media and young people hungry for luxurious cosmetics have led to a boom in cheap versions of expensive products. Companies are cashing in on the trend.
- Lauren Sams
Bernie Brookes’ retail business emerges from administration
The ex-Myer boss owns Colette and The Daily Edited. Just two months ago, his business was tipped into voluntary administration, but has emerged a much smaller group.
- Carrie LaFrenz
Retail’s secret solution to the problem of endless returns
“Just keep it” refunds are now common in the United States, where the annual retail value of wrong-sized or unwanted goods is almost $US1 trillion.
- Joe Miller
Fashion brand Assembly Label’s founders seek payday after 13 years
KPMG’s banker has offered up ways for a new owner to make Assembly Label’s already sticky customer base even stickier.
- Sarah Thompson, Kanika Sood and Emma Rapaport
May
‘No guarantee that a sale is a sale’: Why fashion is harder than ever
Growing costs, post-pandemic pain, excess spending and the bugbear of online returns are at the heart of a fashion industry on the brink.
- Lauren Sams
How the Turner women are creating a legacy beyond Flight Centre
Graham Turner may have turned Flight Centre into a household name, but wife Jude and daughter Jo have a different approach to business.
- Yolanda Redrup