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Luxury fashion retailer Harrolds has entered liquidation after 39 years of operations, owing $16.3 The post Luxury fashion retailer Harrolds collapses; creditors owed $16 million appeared first on Inside Retail Australia. reported that the company owes more than 90 creditors, including Victoria Beckham’s company, owed $30,000.
Fashion industry insiders are speculating about the future of Australian Fashion Week (AFW) following the news of IMG’s exit from the country’s premier fashion event. Since its debut in 1996, AFW has attempted to evolve alongside Australia’s dynamic fashion landscape.
Launched exclusively online in 2011, Sabo offers affordable and chic, resort-style fashion inspired by the Greek heritage of its founders Yiota Kouzoukas and Thessy Batsinilas. As an Australian fashion label with a deep connection to resort wear and coastal living, Bondis iconic beach culture aligns perfectly with who we are, she added.
Last month, the fashion retailer said it would wind down five of its brands to focus on its other five businesses as it struggles to remain afloat due to operational issues. Their closure is part of what Mosaic Brands CEO Erica Berchtold calls a ‘Focus on Core’ plan.
The Sussan Group, the retail collective behind women’s fashion brands Sportsgirl, Sussan and Suzanne Grae, is incorporating “responsible fibres” into its supply chain and investing in futuristic pilot projects, such as making a compostable T-shirt, as it looks to increase consumer awareness of its sustainability initiatives.
Ebay Australia and the Australian Fashion Council have announced Shopfront as the winner of Ebays 2025 Circular Fashion Fund. Shopfront will also pitch its ideas to Ebay Ventures in Ebay’s global competition, competing for the title of Circular Fashion Innovator of the Year with a US$300,000 prize.
This year’s Melbourne Fashion Week (MFW) student collections runway was held at The Lume – where the creativity was unconstrained, the designs were avant-garde and the emerging talent was front and centre. The Australian fashion industry is embracing sustainability and diversity more openly,” Tran said.
Chief financial officer Markus Neubrand announced plans to cut 500 jobs worldwide and close some unprofitable stores as part of a cost-cutting plan. The post Puma plans job cuts as US demand weakens, outlook dims appeared first on Inside Retail Australia. . “February was bad.
As an occasional buyer and seller of second-hand fashion, I’ve been watching the trend with interest. In the short term, we’ll pay more but in the long term, we (consumers, the people who make fashion, communities and the planet) will all be richer. The post From “fast fashion” to “fast thrifting”: When will we learn?
Country Road Group is set to restructure its fashion retail business, which is expected to result in massive staff layoffs, The Australian has reported. The post Country Road Group may layoff staff in planned restructure appeared first on Inside Retail Australia. Inside Retail has reached out to Country Road Group for comment.
This will be the global online fashion retailer’s seventh Australian pop-up and is set to showcase its extensive range of on-trend, affordable and size-inclusive collections. The post Shein plans its first Perth pop up later this month appeared first on Inside Retail Australia.
NH: Across the business, weve been focused on accelerating our international growth including in Asia, where were excited about the emergence and growth of fashion hubs across the region. The post Nuholt Huisamen on Levis 2025 plans for East Apac and the Blue Tab launch appeared first on Inside Retail Australia.
Westfield Knox in Victoria will open a new fashion retail precinct later this year, which will serve as home to popular brands including Uniqlo, JD Sports, Glue Store, and General Pants Co. “We’re The new fashion retail precinct is part of the last stage of Westfield Knox’s $355 million redevelopment plan.
The Mark Ingram Atelier is synonymous with being at the heart of luxury and fashion, situated just steps away from the vibrant Park Avenue. Every element was thoughtfully planned to enhance the customers journey, creating a sense of effortless movement throughout the space.
While established fashion brands are attempting to find solid ground in the current economic downturn, a new guard of Australian designers are trying to get their foot in the door. Fashion is an industry that worships breakthrough talent but gaining access to the necessary resources to innovate and disrupt is half the battle.
The company started with selling socks and has grown into a multi-faceted business known for its sustainable and functional fashion. The company also announced its plans to expand into the Asia market this year, alongside multiple new exciting product launches.
Luxury fashion brand Camilla has named Rebecca Mansergh as its new CEO. Under Rebecca’s direction, the brand is planning an ambitious expansion in the US, with multiple shop openings planned for major areas this year. She steps up after serving as acting CEO for the past year.
The fashion group’s net profit increased 11.7 The group plans to open more than 10 stores in the second half and intends to acquire more stores for Stylerunner and an additional 10 stores for The Athlete’s Foot. Accent Group booked higher net profit on the back of 42 new store openings in the fiscal first half.
Window shopping is about to get a whole lot more exciting, with Australian designer fashion brand Oroton launching augmented reality try-on mirrors across the window displays of its stores in Sydney’s Queen Victoria Building and Brisbane’s Queen Street Mall.
Fashion has embraced technology at every turn from social media to virtual change rooms, yet consumers’ wardrobes have remained analogue. I wanted to build something to reshape our relationship with our wardrobes and rewire how we experience fashion,” she added.
Coach’s parent company, Tapestry, is nearing a deal to acquire luxury fashion giant Capri Holdings, marking one of the biggest fashion tie-ups this year, according to the Wall Street Journal. There is more security in embarking on bold international plans as a larger entity.”
The brands to be wound down are Rockmans, Autograph, Crossroads, W Lane and BeMe, as part of what Mosaic Brands CEO Erica Berchtold calls a Focus on Core plan. The post Mosaic to axe five brands in rescue plan: here’s the list appeared first on Inside Retail Australia.
In December, Hong Kong -based start-up Code-Create launched the world’s first artificial intelligence (AI) platform for fashion design. . One of the main components of the platform is Mixi, which can recognise over 2,300 colours and over 230 fashion attributes. The startup aims to revitalise the fashion ecosystem through AI.
.” He said the space is “not just another beauty store” and that the decision to place the store in the middle of the fashion precinct at Southland shopping centre was intentional. He plans to travel to three states this week to sign off on additional locations.
Acler, an Adelaide fashion business, is expanding its retail reach with a premium boutique in Sydney’s The Strand Arcade. Acler says its entry into physical retail has been carefully planned, and the store’s design reflects the brand’s desire to directly engage with customers in stores. “As
Cargo Crew specialises in custom-made uniforms designed for hospitality, retail, corporate and a range of other brands, and stands out in a competitive field by fusing fashion with functionality. Felicity Rodgers told Inside Retail that Cargo Crew developed out of a fashion label she co-created straight from university.
To help plus-sized men find good-value fashion, menswear label Connor has launched AXL+Co into the Australian market. The report found that 73 per cent of Australian men identify as size ‘large or above’ with 48 per cent agreeing that it’s “hard” to find stores that cater to their size or fashion needs at a “reasonable price”.
The fashion industry has long found itself in a race to be the fastest. The latest brand to capitalise on this trend is luxury fashion house Incu, which, in a partnership with Uber Direct, can now deliver its products to customers in under two hours. But for customers that have been in Incu stores, it’s missing a few things.
In a warehouse on the outskirts of Barcelona, women stand at conveyor belts, manually sorting T-shirts, jeans and dresses from large bales of used clothing – a small step towards tackling Europe’s towering problem of discarded fashion. It did not respond to a request for comment on the suggestion it needed to do more.
Myer’s acquisition of Premier Investments’ Apparel Brands appears to be the next step in Olivia Wirth’s plan for the department store’s loyalty program, Myer One. Yet, their adaptability, continued consumer focus, and strategic acquisitions have positioned them as a resilient force in Australian fashion retail today.
In 2020, Australian teen fashion brand Pavement joined a large list of retailers that entered voluntary administration, citing the Covid-19 pandemic as a major factor contributing to their exit from the retail landscape. Are there plans for expansion beyond this partnership? IR: How significant will Pavement’s presence be across Big W?
The term “circular fashion” serves as both a challenge to the fashion industry’s traditional model of take-make-waste and a solution to its environmental impact. But while luxury fashion houses are well-versed in repairs, discussions around circular fashion for premium brands are often limited to rental and resale marketplaces.
Former Lovisa CEO Shane Fallscheer is launching his jewellery business, Harli + Harpa, which plans to roll out several stores by Christmas. The new retailer will market itself as “Your walk-in jewellery box” and open a store at Sunshine Plaza, among other planned locations.
The plan from the beginning was to make something that would synergise with the Aje Collective’s other businesses, and which complemented the health-focused lifestyle Norris saw in Aje’s target market. “We The customer that comes through Aje Athletica is moving with pace, and she’s also engaged in the fashion element. “I
Praemia and Colliers presented Spazio Quadrilatero in Milan, an ambitious redevelopment of a building in the citys fashion district. Fashion, for instance, reflects our projection of a better future and fulfils a need for optimism. These seemingly trivial behaviours reveal deeper emotional and psychological patterns.
Retail billionaire Solomon Lew has announced plans to spin off two major brands Peter Alexander and Smiggle from his public company Premier Investments next year, as part of a global expansion strategy. The brand has announced its plans to expand into the UK, with the first two stores and dedicated website launched before Christmas.
“We are curious to explore how to showcase our fashion in new creative ways and embrace the benefits of new technology while staying true to our commitment to personal style,” said Jorgen Andersson, chief creative officer, H&M. . The company plans to create digital twins of 30 models this year.
According to the AFR , it is unclear whether Frasers plans to go beyond 19.99 The sportswear retailer is available online only in the country. More details about the agreement are expected to be announced as early as this week. per cent the threshold above which an acquirer is subject to regulations and required to lodge a takeover.
Customer experience LSKD has ‘audacious’ growth plans for the next few years and Shaughnessy is expected to play a key role in helping the brand create a unique in-store experience and ensuring the right products are stocked in each store. LSKD was recently named ‘Business of the Year’ in the 2024 Telstra Best of Business Awards.
Renowned Australian footwear business Munro Footwear Group (MFG) recently acquired the popular but beleaguered New Zealand kids’ footwear brand Bobux, as part of a plan to consolidate its presence in the children’s market. The long-term plan is still being finalised,” he said. The initial focus is on stabilisation.
Indian retail conglomerate Reliance Retail has introduced an app in India to sell Sheins fashion products through a licensing agreement, marking the Chinese brand’s return after a five-year ban due to diplomatic tensions. This stand-alone app will be expected to compete with other fashion retailers like Walmart-owned Myntra.
Then, as part of our longer-term plan, we will look to expand to other locations. The plan is to support the concepts with outlets in similar areas. IR: Are you also able to discuss how Reebok is planning to combat intense cost-of-living pressures at the moment?
The plans were revealed along with the group’s annual result which saw a $33.5 The new ones in planning will be located largely in regional areas. The post Mosaic plans 40 new mega stores after network cull spurs profit turnaround appeared first on Inside Retail. million turnaround from a loss of $16.4
City Chic Collective is hailing the success of its strategic plan for a turnaround in its trading performance, despite mixed results across different markets. The plus-sized fashion retailer’s net income totalled $3.3 million while as forewarned last month revenue dipped 3.7 per cent to $69.5 per cent to $55.3 per cent to $14.2
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