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Aje trims head office workforce

Inside Retail

Aje has removed 20 head office positions as part of the company’s strategic review amid challenging market conditions. Founded in Melbourne in 2008, Aje now has stores across Australia and New Zealand and an e-commerce site for international orders.

Marketing 274
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Myer seeks to merge with Premier Investments’ Apparel Brands

Inside Retail

Myer proposes an all-scrip merger in which it would acquire Premier’s Apparel Brands – previously called the Just Group before Premier acquired the business in 2008 – in exchange for the issue of new Myer shares to Premier. The proposal is non-binding, indicative and conditional.

Apparel 306
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Grown Alchemist taken private as L’Occitane sells stake to former CEO

Inside Retail

Grown Alchemist said the move will help it accelerate growth and drive development in key markets including North America and China. Founded in Australia in 2008 by Melbourne siblings, Jeremy and Keston Muijis, Grown Alchemist has a presence in more than 40 countries. ” The brand will be headquartered in London.

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Propel Group to sell Driza-Bone business

Inside Retail

Driza-Bone, acquired by Propel Group in 2008, was merged with country apparel retailer RB Sellars in 2017. The deal, whose value has not been disclosed, marks Rinehart’s foray into fashion retail. The brand marked its 125th-anniversary this year. “We

Apparel 273
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ACCC to conduct enquiry on Australian supermarkets’ pricing and competition

Inside Retail

The ACCC will examine competition in the supermarket sector and how it has evolved since the previous inquiry in 2008. “Competitive markets encourage more attractive combinations of price and quality for consumers, as well as greater choice,” explains Keogh.

Consumer 243
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More Australians lose trust in supermarket pricing, ACCC says

Inside Retail

The Australian Competition and Consumer Commission’s (ACCC) interim report for supermarkets inquiry revealed that almost 50 per cent of consumers now ‘often’ or ‘always’ compare prices before shopping, a significant increase from 17 per cent found by the watchdog’s 2008 Grocery Inquiry.

Consumer 276
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US furniture chain Blu Dot opens its doors in Melbourne

Inside Retail

The launch marks the brand’s second brick-and-mortar store in the country and 17th worldwide since its establishment in 2008. Expressing his enthusiasm for the brand, Conroy connected with its headquarters in Minnesota and showed how Blu Dot is a great fit in the Australian market, opening its first store in Sydney, NSW.