December 2024
The young Aussie designers who could be the next Zimmermann
Zero-waste weaving and old blankets helped Ethan Bergersen and Indigo Stuart take home the $31,000 Australian Fashion Foundation Scholarship Award.
November 2024
The winners at the last Australian Fashion Laureate awards
The sun – and the local industry – came out to celebrate Australian fashion one last time.
September 2024
How Zimmermann brought surf and sun to Paris Fashion Week
Now a permanent fixture on the Paris calendar, the Australian brand has found its feet, and is giving them brand new shoes.
September 2024
Sass & Bide stores to close as new Myer chief clears the decks
Olivia Wirth has moved quickly to axe the storied fashion chain’s standalone retail outlets ahead of a proposed merger with Premier Investments brands.
April 2024
The business owner who outsourced her fashion choices
Michelle May, buyer’s agent, used to wear head-to-toe black. When she launched her own business, she was adamant she would be herself. In colour.
Cettire shares slide 16pc on Bell Potter downgrade
The company’s house broker said the luxury marketplace would continue to outperform peers, but it would be harder for it to generate high growth.
March 2024
Zimmermann sales climb above $500m, new accounts show
The luxury women’s fashion brand was acquired by Advent International in a deal that valued the company at up to $1.75 billion in August.
Zimmermann’s PE owners to open Australian office
Advent International has set its sights on its first local office, a move that comes as more buyout shops increase their Asian exposure toward Australia.
Will this model keep working for fashion darling Cettire?
Share sales by the founder, opaque operations and a ballooning valuation: the luxury platform remains controversial with investors.
February 2024
Buyout giants eye local dealmakers to bolster Australian portfolios
KKR and EQT are among private equity firms looking to bolster their ranks as local assets become increasingly desirable for the firms’ Asia-focused funds.
Luxury brands ramp up VIP touches as they court big spenders
High-net-worth clients are increasingly being feted by brands keen to keep them happy – and spending – with private shopping, butlers and even tennis lessons.
September 2023
Retail dealmaking frenzy reaches smaller brands hoping to cash in
Shelley Du Flou’s Vine Apparel and women’s bags outfit Olga Berg are testing investor appetite after a string of major transactions in the fashion sector.
August 2023
The Australian brands chasing Zimmermann’s unicorn status
High fashion that appeals to wealthier consumers is proving palatable for private equity. But investors also need to know and trust those running the business.
Hundreds turn out to save eastern Sydney pub
More than 350 residents turned out at Paddington’s Village Inn in Sydney on Saturday in an attempt to protect the heritage-listed pub from being converted into a retail outlet.
NIMBYs, a pub and Zimmermann. The most Sydney property story ever
As vaunted fashion brand Alemais tries to convert a historic pub into its flagship store, some very fashionable neighbourhood NIMBYs came out in force.
As Canva slides, Zimmermann deal shows animal spirits still in fashion
Investors are more than willing to pay up for the right growth opportunities, even if Canva’s latest valuation shows the froth has been well and truly blown off the tech bubble.
Zimmermann smashes valuation record in Advent sale
Sisters Nicky and Simone will retain a 30 per cent stake, worth more than $450 million, in the business, that set a valuation record for an Australian fashion brand.
July 2023
Why Advent’s $1.75b offer for Zimmermann is such a big deal
The Australian fashion industry is a notoriously tough place to make money. Private equity is even trickier.
Dress for success: Buyout giant tries Zimmermann on for size
Zimmermann has Rothschild Australia on hand providing advice, as it did three years ago when Style Capital came into the business as a majority shareholder.
March 2023
How the Zimmermanns built a fashion empire
With a Milan-based backer and a star turn in Paris, these sisters are transforming their Australian label into a European powerhouse.