article thumbnail

SurfStitch managing director stepping down this week

Inside Retail

Justin Hillberg, managing director of shared services of SurfStitch-owner Alquemie Group, is stepping down from his role leading the surf brand’s restructure at the end of this week. Hillberg joined SurfStitch as merchandise manager in 2014, before becoming general manager in 2015 and managing director in 2018.

article thumbnail

Michael Hill ordered by NSW Supreme Court to pay $2.6 million in damages

Inside Retail

The companies signed two separate agreements for Australia and New Zealand on May 5, 2014, under which Gispac would supply small and large paper bags to Michael Hill for the two markets. The company had to shut down six underperforming Michael Hill stores and cut a number of senior management roles to reduce operating costs.

Location 290
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Autobarn parent Bapcor receives $1.8bn buyout bid

Inside Retail

A once-great company, after a couple of years of poor management, shouldn’t be in this position,” Johnson said. Bapcor co-founder and former owner Garry Johnson, who remains a large investor in the company, told the AFR that the $5.40 per share price offer was too low. “A “The automotive aftermarket is becoming increasingly global.

article thumbnail

Optus backpays over $7.8 million to underpaid employees

Inside Retail

Optus hired these employees as retail consultants and store managers around Australia between January 2014 and March 2020. The backpayment includes more than $5.4 million in wages and entitlements and more than $2.4 million in superannuation and interest.

article thumbnail

Art of Hair salon manager faces court for third time over underpaying staff

Inside Retail

The company operating the Art of Hair salon in New South Wales and its manager are facing court for underpaying an employee. The Fair Work Ombudsman (FWO) has initiated legal action against The Art of Hair–Bateau Bay company along with its current manager Nelvin Lal and former director Cheri Rance.

Art 130
article thumbnail

David Jones acquired by Anchorage Capital for undisclosed sum

Inside Retail

The spokesperson confirmed that David Jones CEO Scott Fyfe and his management team will remain on board and that Anchorage will support the retailer’s ongoing turnaround strategy, known as Vision 2025+. Woolworths Holdings acquired David Jones in 2014 for $2.1

article thumbnail

H&M to quit Westfield Bondi Junction after lease negotiations break down

Inside Retail

H&M country manager Thomas Coellner said in a statement that the decision was made following a global review of sustainable store operations. “At H&M launched in Australia in 2014 and currently has 37 physical stores. Regardless of this closure, our physical stores remain incredibly important to us.

Fashion 264