Retail
Updated
Mosaic Brands
‘Very distressing’: Mosaic escalates dispute with supplier as staff, stores axed
Embattled budget retailer Mosaic Brands, which operates Katies and Noni B, announced it would be shutting down the Rockmans, Autograph, Crossroads, W.Lane and BeMe brands.
- by Jessica Yun and Anne Hyland
Latest
Updated
Fashion retail
Can Nike do it? Shoe giant’s Australian profits dip as it fights to reclaim relevance
The global sneaker brand’s local sales fell in the 2024 financial year, with its headquarters recently installing a new CEO to reinvigorate the business.
- by Jessica Yun
Why a global cocoa crunch will sour chocolate for years to come
But spare a thought for the small family farms of West Africa, who aren’t getting their fair share of soaring commodity prices.
- by Mike Foley
‘Why don’t you pay me?’ Katies, Noni B operator accused of being a ‘predator’
Mosaic Brands, which employs 4000 staff in its stores such as Katies, Rockmans and Noni B, is struggling. To secure its own survival, it appears willing to sacrifice its global suppliers.
- by Anne Hyland and Jessica Yun
Solly Lew delays Smiggle, Peter Alexander spin-off amid Myer talks
The billionaire rag-trader has his hands full amid a potential acquisition by Myer of five of its brands and a stoush with Smiggle’s ex-boss.
- by Jessica Yun
Meet the Assoulines: The family selling some of the world’s most expensive books
Two decades ago, Alex Assouline’s father had an epiphany.
- by Ruth La Ferla
Opinion
Interest rates
Frugal response to tax cuts should be music to Reserve Bank’s ears
The lack of a tax-cut-induced spending spree shows consumers have well and truly got the message about tightening their spending.
- by Clancy Yeates
Updated
Fashion retail
Myer CEO Olivia Wirth doubles down on profit-sinking exclusive fashion labels
Myer shares have tumbled after the company unveiled its full-year results, but new CEO Olivia Wirth has vowed to invest in its languishing sass & bide, Marcs and David Lawrence brands.
- by Jessica Yun
Opinion
Insolvency
The company that time forgot: Lifting the lid on Tupperware’s demise
The most shocking aspect to the end of the storage container maker is that it lasted this long.
- by Elizabeth Knight
Why Australia’s ‘Aldi of sports goods’ is going small
Chief executive Romain Gravigny explains why Decathlon is rolling out a wave of smaller stores, starting with Sydney.
- by Jessica Yun
Tupperware is toast as company files for bankruptcy
A post-pandemic jump in costs of raw materials, labour and freight, has tipped the iconic Tupperware brand over the edge.
Original URL: https://www.theage.com.au/topic/retail-61a