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L!VE SYDNEY
The Australian fashion industry is anticipated to grow as part of a post-pandemic boom in retail spending. While industry competition is also projected to intensify, forward-thinking operators are harnessing new channels and growth strategies to diversify. In this opening presentation, Ryan Edlemuth RANKED: AUSTRALIAN FASHION BRANDS GRADED ON RESPONSE TO However, the report found that 56% of fashion brands were unable to demonstrate actions in all six areas of the COVID Fashion Commitments. Despite this, the report indicates that brands are starting to shift their focus with 22% of companies identifying strengthening worker voice systems as a key priority moving forward, while 16% of companies LARRY KESTELMAN REVEALS KEY FOCUSES FOR PAS GROUP IN 2021 PAS Group's licensing business Designworks is a key focus for new owner Larry Kestelman, Ragtrader can reveal. Acquiring the retail giant in October 2020, Kestelman's Queens Lane Capital is focusing on driving Designworks, hoping to represent more licensed brands, Kestelman said. "We think we've got an amazing product in Designworks that does great work and are absolute specialists in licensing. TARGET WELCOMES NEW MD AS MARINA JOANOU MOVES ON Target Australia has welcomed a new managing director as Marina Joanou steps back from her role. Stepping back to take a period of leave before determining her next role within Wesfarmers, Joanou has been succeeded by Richard Pearson, who joined the Kmart Group in September 2020. Joanou served over two years as the MD of Target, withWesfarmers
FAREWELL NORMA TULLO, AUSTRALIAN FASHION ROYALTY Norma Tullo, who died last week aged 83, was one of Australia’s fashion royal family – certainly of the post-war era anyway. Along with Prue Acton she dominated the fashion scene of the 1960s. At that time styling was nearly all copied from overseas, but Tullo was anoriginator.
RICHARD FACIONI SHAKES UP PRIVATE EQUITY SPACE WITH LAUNCH Prominent business investor Richard Facioni has today announced the launch of his new boutique private equity firm, ACTA Capital. As reported by Ragtrader, Facioni departed his previous role at Alceon Group in late January to establish this new venture.. The Sydney-based ACTA Capital has a focus on two business streams, retail and consumer brands and growth capital across industries, Facioni said. ADVERTORIAL: FAST AND SUSTAINABLE FASHION? It sounds very far-fetched, but this is the ultimate statement we’d all love to make, to both our customers and the planet. Have the latest trends with no adverse impact. It’s been stated for many years how the fashion industry is a major polluter, in fact as an industry we are considered to ACCENT GROUP FOCUSES ON "VIRTUAL, VERTICAL AND VIP" AS IT Accent Group is set to heighten its focus on virtual, vertical and VIP strategies, CEO Daniel Agostinelli has revealed in a trading update. Releasing its H1 FY2021 results, the business has reported that Group EBITDA for the half year ended December 27 2020 is expected to be in a range of $95 million to $98 million - representing growth of 40-45%. THE CLICK FRENZY STATS ARE IN: WHO WERE THE WINNERS The 2019 Click Frenzy 'Mayhem' saw visitor numbers increase by 46%, according to new data released by Hitwise. The flash sale has cemented itself in the Australian retail calendar, with 1.1 million visitors flocking to the site on May 21 and 22. Power Retail CEO – Click Frenzy's parent company – Grant Arnott said that 2019 May event wasthe
RAGTRADER - RAGTRADER 5 Mar 2021. For one leader, ideas which would have taken a year were delivered in 3 months. This is how you should plan for the end of stimulus measures. Camilla wins 4000 customers with COVID-proof strategy. New consumer groups to emerge, EY predicts. Administrator reveals now is the time to make a move.L!VE SYDNEY
The Australian fashion industry is anticipated to grow as part of a post-pandemic boom in retail spending. While industry competition is also projected to intensify, forward-thinking operators are harnessing new channels and growth strategies to diversify. In this opening presentation, Ryan Edlemuth RANKED: AUSTRALIAN FASHION BRANDS GRADED ON RESPONSE TO However, the report found that 56% of fashion brands were unable to demonstrate actions in all six areas of the COVID Fashion Commitments. Despite this, the report indicates that brands are starting to shift their focus with 22% of companies identifying strengthening worker voice systems as a key priority moving forward, while 16% of companies LARRY KESTELMAN REVEALS KEY FOCUSES FOR PAS GROUP IN 2021 PAS Group's licensing business Designworks is a key focus for new owner Larry Kestelman, Ragtrader can reveal. Acquiring the retail giant in October 2020, Kestelman's Queens Lane Capital is focusing on driving Designworks, hoping to represent more licensed brands, Kestelman said. "We think we've got an amazing product in Designworks that does great work and are absolute specialists in licensing. TARGET WELCOMES NEW MD AS MARINA JOANOU MOVES ON Target Australia has welcomed a new managing director as Marina Joanou steps back from her role. Stepping back to take a period of leave before determining her next role within Wesfarmers, Joanou has been succeeded by Richard Pearson, who joined the Kmart Group in September 2020. Joanou served over two years as the MD of Target, withWesfarmers
FAREWELL NORMA TULLO, AUSTRALIAN FASHION ROYALTY Norma Tullo, who died last week aged 83, was one of Australia’s fashion royal family – certainly of the post-war era anyway. Along with Prue Acton she dominated the fashion scene of the 1960s. At that time styling was nearly all copied from overseas, but Tullo was anoriginator.
RICHARD FACIONI SHAKES UP PRIVATE EQUITY SPACE WITH LAUNCH Prominent business investor Richard Facioni has today announced the launch of his new boutique private equity firm, ACTA Capital. As reported by Ragtrader, Facioni departed his previous role at Alceon Group in late January to establish this new venture.. The Sydney-based ACTA Capital has a focus on two business streams, retail and consumer brands and growth capital across industries, Facioni said. ADVERTORIAL: FAST AND SUSTAINABLE FASHION? It sounds very far-fetched, but this is the ultimate statement we’d all love to make, to both our customers and the planet. Have the latest trends with no adverse impact. It’s been stated for many years how the fashion industry is a major polluter, in fact as an industry we are considered to ACCENT GROUP FOCUSES ON "VIRTUAL, VERTICAL AND VIP" AS IT Accent Group is set to heighten its focus on virtual, vertical and VIP strategies, CEO Daniel Agostinelli has revealed in a trading update. Releasing its H1 FY2021 results, the business has reported that Group EBITDA for the half year ended December 27 2020 is expected to be in a range of $95 million to $98 million - representing growth of 40-45%. THE CLICK FRENZY STATS ARE IN: WHO WERE THE WINNERS The 2019 Click Frenzy 'Mayhem' saw visitor numbers increase by 46%, according to new data released by Hitwise. The flash sale has cemented itself in the Australian retail calendar, with 1.1 million visitors flocking to the site on May 21 and 22. Power Retail CEO – Click Frenzy's parent company – Grant Arnott said that 2019 May event wasthe
RAGTRADER L!VE
Ragtrader magazine has been providing comprehensive news, analysis and opinion on the Australian clothing, footwear and accessories sectorsince 1972.
THE DATA IS IN: UNEXPECTED WINNER DURING COVID-19 OUTBREAK 1 day ago · Australia’s manufacturing sector has been hammered by the COVID-19 pandemic, declining by 5.7% over the two years through 2020-21. However, the Knitted Product Manufacturingindustry has bucked this trend to achieve a 13.2% increase in revenue over the sameperiod, to
RETAILERS BREATHE "DEEP SIGH OF RELIEF" AS LOCKDOWN EASES Retailers that have been closed during this lockdown will be allowed to reopen, alongside kids returning to schools, and cafes, restaurants and pubs reopening. National Retail Association CEO Dominique Lamb said that businesses in Victoria will be breathing a deep sigh of relief. "COVID has wreaked havoc across Australia and the world, but FIVE DESIGNERS ANSWER: HOW WILL THE FASHION INDUSTRY I believe that the last year has, well hopefully, stripped down the over consumption side of fashion and the excess and will bring more attention to what really matters: the garment. Clothes has always been a big part of the human storytelling and now it will be more important than ever to tell our HOW TO BEST MANAGE YOUR INVENTORY DURING THE COVID-19 Fluent Commerce CEO Graham Jackson discusses why having an agile inventory management system is key. During COVID-19 many fashion retailers have been forced to close, particularly in Victoria, with customers given the options of shopping online or through click andcollect.
IMAGINATIVE RETAIL DISPLAYS INCREASE PRODUCT SALES, STUDY Imaginative retail displays are a cost-effective way to enhance customers’ purchase behaviour, increase product sales and return on investment, a new global study has found. The study, which is set to be published in the Journal of Marketing, involved researchers fromMonash University
THESE ARE THE TOP 50 RETAILERS IN AUSTRALIA RIGHT NOW Rebel, Asos and Cotton on followed close behind at number 24, 25 and 26, while City Beach and Forever New came in at 34 and 36 respectively. Bonds, SurfStitch, Jeanswest, Showpo, Birdsnest, Marks & Spencer and Beserk rounded out the top 50 in the fashion category. The full top 50 retailers by search volume is listed below: 1. BunningsWarehouse.
BEFORE YOU START A BUSINESS... More Money For Shoes author Melissa Browne gives designers the lowdown on financial literacy.. When young girls and boys dream about a career in fashion their dreams are full of inspiring designs, gorgeous stores, fashion shows and success. THE ICONIC STRENGTHENS SPORTS OFFER WITH EX-NIKE RECRUIT Poole joins the business after returning from the US, where he was senior sales director for Nike Sportswear. He joins The Iconic as the business doubles down on its sports category, following continued growth over the past 12 months, which included an increase in assortment and amplified 3 FAST FACTS ABOUT FOOTWEAR RETAILING IN AUSTRALIA 3. The footwear retail industry is dominated by key players. These are Betts Group, Fusion Retail Brands, RCG Corporation and Super Retail Group. Looking at the industry more broadly, the footwear retail industry in Australia generates $3 billion in revenue per year and has seen annualised growth of 1.8% from 2012 - 2017. RAGTRADER - RAGTRADER 5 Mar 2021. For one leader, ideas which would have taken a year were delivered in 3 months. This is how you should plan for the end of stimulus measures. Camilla wins 4000 customers with COVID-proof strategy. New consumer groups to emerge, EY predicts. Administrator reveals now is the time to make a move. TARGET WELCOMES NEW MD AS MARINA JOANOU MOVES ON Target Australia has welcomed a new managing director as Marina Joanou steps back from her role. Stepping back to take a period of leave before determining her next role within Wesfarmers, Joanou has been succeeded by Richard Pearson, who joined the Kmart Group in September 2020. Joanou served over two years as the MD of Target, withWesfarmers
L!VE SYDNEY
The Australian fashion industry is anticipated to grow as part of a post-pandemic boom in retail spending. While industry competition is also projected to intensify, forward-thinking operators are harnessing new channels and growth strategies to diversify. In this opening presentation, Ryan Edlemuth LARRY KESTELMAN REVEALS KEY FOCUSES FOR PAS GROUP IN 2021 PAS Group's licensing business Designworks is a key focus for new owner Larry Kestelman, Ragtrader can reveal. Acquiring the retail giant in October 2020, Kestelman's Queens Lane Capital is focusing on driving Designworks, hoping to represent more licensed brands, Kestelman said. "We think we've got an amazing product in Designworks that does great work and are absolute specialists in licensing. AUSSIES SPENT $52 MILLION AT CLOTHING RETAILERS IN APRIL The clothing, footwear and personal accessories retail sector rose 1.2% ($29.1 million) in April, new figures from the Australian Bureau of Statistics show. The lift follows a 5.4% rise for the sector in March. By industry subgroup, clothing retailing rose 3.1% ($52.6 million) while footwear and accessories sales slipped 2.8% (-$23.5million
FAREWELL NORMA TULLO, AUSTRALIAN FASHION ROYALTY Norma Tullo, who died last week aged 83, was one of Australia’s fashion royal family – certainly of the post-war era anyway. Along with Prue Acton she dominated the fashion scene of the 1960s. At that time styling was nearly all copied from overseas, but Tullo was anoriginator.
ADVERTORIAL: FAST AND SUSTAINABLE FASHION? It sounds very far-fetched, but this is the ultimate statement we’d all love to make, to both our customers and the planet. Have the latest trends with no adverse impact. It’s been stated for many years how the fashion industry is a major polluter, in fact as an industry we are considered to LORNA JANE RESPONDS TO LJ SHIELD CRITICISM Activewear label Lorna Jane has issued a statement regarding it's Lorna Jane Shield technology, after it came under fire in the media. In an article, the ABC's Hack publication stated that the Lorna Jane Shield technology and products are a, "misleading and cynical attempt to exploit pandemic fears and will not stop users from getting COVID-19 or any other infectious disease." THE CLICK FRENZY STATS ARE IN: WHO WERE THE WINNERS The 2019 Click Frenzy 'Mayhem' saw visitor numbers increase by 46%, according to new data released by Hitwise. The flash sale has cemented itself in the Australian retail calendar, with 1.1 million visitors flocking to the site on May 21 and 22. Power Retail CEO – Click Frenzy's parent company – Grant Arnott said that 2019 May event wasthe
ACCENT CEO DANIEL AGOSTINELLI TALKS ACQUISITIONS AND Accent Group CEO Daniel Agostinelli discusses the recent acquisitions the business has made. Accent has recently secured distribution deals for brands in Australia: Hershcel and Hoka One One – how does this play into the larger growth strategy? New brands like Hoka and Herschel have been negotiated and welcomed to include into ourportfolio
RAGTRADER - RAGTRADER 5 Mar 2021. For one leader, ideas which would have taken a year were delivered in 3 months. This is how you should plan for the end of stimulus measures. Camilla wins 4000 customers with COVID-proof strategy. New consumer groups to emerge, EY predicts. Administrator reveals now is the time to make a move. TARGET WELCOMES NEW MD AS MARINA JOANOU MOVES ON Target Australia has welcomed a new managing director as Marina Joanou steps back from her role. Stepping back to take a period of leave before determining her next role within Wesfarmers, Joanou has been succeeded by Richard Pearson, who joined the Kmart Group in September 2020. Joanou served over two years as the MD of Target, withWesfarmers
L!VE SYDNEY
The Australian fashion industry is anticipated to grow as part of a post-pandemic boom in retail spending. While industry competition is also projected to intensify, forward-thinking operators are harnessing new channels and growth strategies to diversify. In this opening presentation, Ryan Edlemuth LARRY KESTELMAN REVEALS KEY FOCUSES FOR PAS GROUP IN 2021 PAS Group's licensing business Designworks is a key focus for new owner Larry Kestelman, Ragtrader can reveal. Acquiring the retail giant in October 2020, Kestelman's Queens Lane Capital is focusing on driving Designworks, hoping to represent more licensed brands, Kestelman said. "We think we've got an amazing product in Designworks that does great work and are absolute specialists in licensing. AUSSIES SPENT $52 MILLION AT CLOTHING RETAILERS IN APRIL The clothing, footwear and personal accessories retail sector rose 1.2% ($29.1 million) in April, new figures from the Australian Bureau of Statistics show. The lift follows a 5.4% rise for the sector in March. By industry subgroup, clothing retailing rose 3.1% ($52.6 million) while footwear and accessories sales slipped 2.8% (-$23.5million
FAREWELL NORMA TULLO, AUSTRALIAN FASHION ROYALTY Norma Tullo, who died last week aged 83, was one of Australia’s fashion royal family – certainly of the post-war era anyway. Along with Prue Acton she dominated the fashion scene of the 1960s. At that time styling was nearly all copied from overseas, but Tullo was anoriginator.
ADVERTORIAL: FAST AND SUSTAINABLE FASHION? It sounds very far-fetched, but this is the ultimate statement we’d all love to make, to both our customers and the planet. Have the latest trends with no adverse impact. It’s been stated for many years how the fashion industry is a major polluter, in fact as an industry we are considered to LORNA JANE RESPONDS TO LJ SHIELD CRITICISM Activewear label Lorna Jane has issued a statement regarding it's Lorna Jane Shield technology, after it came under fire in the media. In an article, the ABC's Hack publication stated that the Lorna Jane Shield technology and products are a, "misleading and cynical attempt to exploit pandemic fears and will not stop users from getting COVID-19 or any other infectious disease." THE CLICK FRENZY STATS ARE IN: WHO WERE THE WINNERS The 2019 Click Frenzy 'Mayhem' saw visitor numbers increase by 46%, according to new data released by Hitwise. The flash sale has cemented itself in the Australian retail calendar, with 1.1 million visitors flocking to the site on May 21 and 22. Power Retail CEO – Click Frenzy's parent company – Grant Arnott said that 2019 May event wasthe
ACCENT CEO DANIEL AGOSTINELLI TALKS ACQUISITIONS AND Accent Group CEO Daniel Agostinelli discusses the recent acquisitions the business has made. Accent has recently secured distribution deals for brands in Australia: Hershcel and Hoka One One – how does this play into the larger growth strategy? New brands like Hoka and Herschel have been negotiated and welcomed to include into ourportfolio
RETAILERS BREATHE "DEEP SIGH OF RELIEF" AS LOCKDOWN EASES 1 day ago · Retail groups have welcomed the easing of lockdown restrictions in Victoria from midnight Thursday. Retailers that have been closed during this lockdown will be allowed to reopen, alongside kids returning to schools, and cafes, restaurants and pubs reopening. National Retail Association CEO KOOKAI MAKES TRIUMPHANT $1 MILLION OPENING AFTER LOCKDOWN 13 hours ago · Melbourne-based Kookai will unveil a $1 million boutique at Vicinity’s Emporium Shopping Centre in the city's CBD on June 12. The move comes as Melbourne emerges from its latest lockdown. Kookai MD Rob Cromb said the decision to invest in CBD retail spaceshows confidence in
44 SMALL BUSINESSES VOICE OPEN LETTER TO VICTORIAN 1 day ago · 44 Victorian small business owners have come together to voice an open letter to the State Government. In an effort to humanise the businesses who suffer under lockdowns with limited or no government support, photographer and Kobey The Label founder Carlz J Söda (Carly Söderström) shared the video compilation to her IGTV. RANKED: AUSTRALIAN FASHION BRANDS GRADED ON RESPONSE TO However, the report found that 56% of fashion brands were unable to demonstrate actions in all six areas of the COVID Fashion Commitments. Despite this, the report indicates that brands are starting to shift their focus with 22% of companies identifying strengthening worker voice systems as a key priority moving forward, while 16% of companies FIVE DESIGNERS ANSWER: HOW WILL THE FASHION INDUSTRY 1 day ago · I believe that the last year has, well hopefully, stripped down the over consumption side of fashion and the excess and will bring more attention to what really matters: the garment. Clothes has always been a big part of the human storytelling and now it will be more important than ever to tell our HOW TO BEST MANAGE YOUR INVENTORY DURING THE COVID-19 Fluent Commerce CEO Graham Jackson discusses why having an agile inventory management system is key. During COVID-19 many fashion retailers have been forced to close, particularly in Victoria, with customers given the options of shopping online or through click andcollect.
UNREAL FUR MARKS A DECADE OF PROGRESS WITH SPECIAL LAUNCH 1 day ago · Unreal Fur is set to release an eco-friendly capsule collection of faux fur jackets. The range elevates the brand's conscious design ethos and introduces recycled materials to its mission, which has traditionally been based around creating "fur" jackets in a cruelty free way using vegan materials. THE ICONIC STRENGTHENS SPORTS OFFER WITH EX-NIKE RECRUIT 1 day ago · Poole joins the business after returning from the US, where he was senior sales director for Nike Sportswear. He joins The Iconic as the business doubles down on its sports category, following continued growth over the past 12 months, which included an increase in assortment and amplified R.M. WILLIAMS NAMES CHRIS WILLINGHAM AS NEW CMO 1 day ago · R.M. Williams has announced that Chris Willingham will join its senior ranks as chief marketing officer. The marketing executive brings 25 years of international brand experience to the South Australian boot maker, which last year was acquired by Andrew 'Twiggy' Forest's investment company, Tattarang. Prior to joining R.M. Williams, Willingham most recently served as MD of advertising firm 4 REASONS WHY BODY DIVERSITY AND INCLUSIVE SIZING ARE KEY 1 day ago · Let Me Try Before You Buy’s Natalie Angel lets Australian fashion brands know why they need to embrace a range of sizes and shapes if they want to succeed. People often ask me how I became one of the most successful fashion influencers in Australia practically overnight. I believe RAGTRADER - RAGTRADER 5 Mar 2021. For one leader, ideas which would have taken a year were delivered in 3 months. This is how you should plan for the end of stimulus measures. Camilla wins 4000 customers with COVID-proof strategy. New consumer groups to emerge, EY predicts. Administrator reveals now is the time to make a move.RAGTRADER L!VE
Ragtrader magazine has been providing comprehensive news, analysis and opinion on the Australian clothing, footwear and accessories sectorsince 1972.
L!VE SYDNEY
The Australian fashion industry is anticipated to grow as part of a post-pandemic boom in retail spending. While industry competition is also projected to intensify, forward-thinking operators are harnessing new channels and growth strategies to diversify. In this opening presentation, Ryan Edlemuth TARGET WELCOMES NEW MD AS MARINA JOANOU MOVES ON Target Australia has welcomed a new managing director as Marina Joanou steps back from her role. Stepping back to take a period of leave before determining her next role within Wesfarmers, Joanou has been succeeded by Richard Pearson, who joined the Kmart Group in September 2020. Joanou served over two years as the MD of Target, withWesfarmers
RICHARD FACIONI SHAKES UP PRIVATE EQUITY SPACE WITH LAUNCH Prominent business investor Richard Facioni has today announced the launch of his new boutique private equity firm, ACTA Capital. As reported by Ragtrader, Facioni departed his previous role at Alceon Group in late January to establish this new venture.. The Sydney-based ACTA Capital has a focus on two business streams, retail and consumer brands and growth capital across industries, Facioni said. TRADIE UNDERWEAR UNVEILS ITS BIGGEST AD EVER 0:00 / 0:31. Live. •. The campaign positions Tradie Underwear as “the Aussiest undies ever” and sets out to reflect the wit and essence of Australian culture. The TVCs were filmed in Broken Hill, Palm Beach and Kangaroo Valley. The commercials encourage viewers to “Tradie up” from their Brazillian briefs, French knickers andAmerican
FAREWELL NORMA TULLO, AUSTRALIAN FASHION ROYALTY Norma Tullo, who died last week aged 83, was one of Australia’s fashion royal family – certainly of the post-war era anyway. Along with Prue Acton she dominated the fashion scene of the 1960s. At that time styling was nearly all copied from overseas, but Tullo was anoriginator.
KOGAN REVEALS THE 4 KEY FACTORS THAT LED TO $769 MILLION Kogan's adjusted EBITDA was up 57.6% to $49.7 million and NPAT grew 55.9% to $26.8 million for the period. The business ended the financial year with inventories of $112.9 million with $32.5 million in transit and $80.4 million in warehouse - with more than 99% of inventory in the warehouse less than 365 days old. THE CLICK FRENZY STATS ARE IN: WHO WERE THE WINNERS The 2019 Click Frenzy 'Mayhem' saw visitor numbers increase by 46%, according to new data released by Hitwise. The flash sale has cemented itself in the Australian retail calendar, with 1.1 million visitors flocking to the site on May 21 and 22. Power Retail CEO – Click Frenzy's parent company – Grant Arnott said that 2019 May event wasthe
GINGER & SMART'S ACQUIRER WILL BUY MORE BRANDS Then came the unexpected: a majority stake in high-end designer label Ginger & Smart on June 4. “We will be making further acquisitions,” Facioni said during that Thursday afternoon session on CX, but no-one could have guessed a bid for the boutique business founded by Alexandra and Genevieve Smart in 2002. Their merchandisemix includes
RAGTRADER - RAGTRADER 5 Mar 2021. For one leader, ideas which would have taken a year were delivered in 3 months. This is how you should plan for the end of stimulus measures. Camilla wins 4000 customers with COVID-proof strategy. New consumer groups to emerge, EY predicts. Administrator reveals now is the time to make a move.RAGTRADER L!VE
Ragtrader magazine has been providing comprehensive news, analysis and opinion on the Australian clothing, footwear and accessories sectorsince 1972.
L!VE SYDNEY
The Australian fashion industry is anticipated to grow as part of a post-pandemic boom in retail spending. While industry competition is also projected to intensify, forward-thinking operators are harnessing new channels and growth strategies to diversify. In this opening presentation, Ryan Edlemuth TARGET WELCOMES NEW MD AS MARINA JOANOU MOVES ON Target Australia has welcomed a new managing director as Marina Joanou steps back from her role. Stepping back to take a period of leave before determining her next role within Wesfarmers, Joanou has been succeeded by Richard Pearson, who joined the Kmart Group in September 2020. Joanou served over two years as the MD of Target, withWesfarmers
RICHARD FACIONI SHAKES UP PRIVATE EQUITY SPACE WITH LAUNCH Prominent business investor Richard Facioni has today announced the launch of his new boutique private equity firm, ACTA Capital. As reported by Ragtrader, Facioni departed his previous role at Alceon Group in late January to establish this new venture.. The Sydney-based ACTA Capital has a focus on two business streams, retail and consumer brands and growth capital across industries, Facioni said. TRADIE UNDERWEAR UNVEILS ITS BIGGEST AD EVER 0:00 / 0:31. Live. •. The campaign positions Tradie Underwear as “the Aussiest undies ever” and sets out to reflect the wit and essence of Australian culture. The TVCs were filmed in Broken Hill, Palm Beach and Kangaroo Valley. The commercials encourage viewers to “Tradie up” from their Brazillian briefs, French knickers andAmerican
FAREWELL NORMA TULLO, AUSTRALIAN FASHION ROYALTY Norma Tullo, who died last week aged 83, was one of Australia’s fashion royal family – certainly of the post-war era anyway. Along with Prue Acton she dominated the fashion scene of the 1960s. At that time styling was nearly all copied from overseas, but Tullo was anoriginator.
KOGAN REVEALS THE 4 KEY FACTORS THAT LED TO $769 MILLION Kogan's adjusted EBITDA was up 57.6% to $49.7 million and NPAT grew 55.9% to $26.8 million for the period. The business ended the financial year with inventories of $112.9 million with $32.5 million in transit and $80.4 million in warehouse - with more than 99% of inventory in the warehouse less than 365 days old. THE CLICK FRENZY STATS ARE IN: WHO WERE THE WINNERS The 2019 Click Frenzy 'Mayhem' saw visitor numbers increase by 46%, according to new data released by Hitwise. The flash sale has cemented itself in the Australian retail calendar, with 1.1 million visitors flocking to the site on May 21 and 22. Power Retail CEO – Click Frenzy's parent company – Grant Arnott said that 2019 May event wasthe
GINGER & SMART'S ACQUIRER WILL BUY MORE BRANDS Then came the unexpected: a majority stake in high-end designer label Ginger & Smart on June 4. “We will be making further acquisitions,” Facioni said during that Thursday afternoon session on CX, but no-one could have guessed a bid for the boutique business founded by Alexandra and Genevieve Smart in 2002. Their merchandisemix includes
IMAGINATIVE RETAIL DISPLAYS INCREASE PRODUCT SALES, STUDY 12 hours ago · Imaginative retail displays are a cost-effective way to enhance customers’ purchase behaviour, increase product sales and return on investment, a new global study has found. The study, which is set to be published in the Journal of Marketing, involved researchers from Monash University AUSSIES SPENT $52 MILLION AT CLOTHING RETAILERS IN APRIL 13 hours ago · The clothing, footwear and personal accessories retail sector rose 1.2% ($29.1 million) in April, new figures from the Australian Bureau of Statistics show. The lift follows a 5.4% rise for the sector in March. By industry subgroup, clothing retailing rose 3.1% ($52.6 million) while footwear and BEST & LESS IS ROLLING THIS OUT TO ITS 185 STORES 1 day ago · Best & Less is set to roll out 100% recyclable enviro-hangers to its 185 stores across Australia. Following a successful trial, Best & Less will roll out the hangers to its network, helping to combat the 85% of plastic that ends up in landfill at the end of its life. GENERAL PANTS SETS SIGHTS ON 65 NEW STORES 14 hours ago · General Pants has put rapid growth on the agenda, announcing that it will expand into 65 stores across Australia and New Zealand. The move follows the opening of eight stores across ANZ in the past 12 months, including three in New Zealand following a successful market launch in 2019. RETAIL HEAVYWEIGHTS JUSTIN SESKIN, HOWARD BLEND, HILTON 14 hours ago · Australian Millennials and Gen Zs will soon have a new place to shop discounted fashion, when the Digital Off Price Mall (TheDom.com) launches. Founded and backed by retail heavyweights Topshop/Topman Australia’s Justin Seskin (pictured), Thrills’ SWAROVSKI BRINGS NEW STORE CONCEPT TO AUSTRALIA 1 day ago · Following the launch of the concept in Milan, Paris and New York, the crystal accessories retailer has brought the concept to Westfield Bondi Junction. The store is one of 28 'Instant Wonder' stores in key global markets and reflects the brand's new visual identity. "Guests are welcomed into a HARPER’S BAZAAR RELAUNCHES IN AUSTRALIA 1 day ago · US publishing house Hearst Magazine International is relaunching Harper’s Bazaar Australia in partnership with local media company Switzer Media & Publishing. The revival of the fashion magazine, which comes a year after it was shut by Are Media, will begin with a collector’s edition in AMAZON AUSTRALIA PUSHES INTO $46 BILLION MARKET 11 hours ago · The site will offer discounted pre-owned and open-box items across 30 categories including apparel, electronics, home improvement, kitchen, books, music and toys. Each of the items listed on Amazon Warehouse are directly fulfilled and quality checked by Amazon, with the products falling into one HOW IS ECCO'S 'PREMIUMISATION' STRATEGY GOING? 1 day ago · Ecco Australia has firmed its commitment to the athleisure category with the launch of its new St. 1 and St. 1 Lite shoe collections. Ecco Australia GM Jeff Karger told Ragtrader that the category is a key focus for the business, both locally and globally. "The ability to combine on trend colours and detailing with Ecco’s renowned comfort and technology sees the category continuingto do well.
RANKED: AUSTRALIAN FASHION BRANDS GRADED ON RESPONSE TO However, the report found that 56% of fashion brands were unable to demonstrate actions in all six areas of the COVID Fashion Commitments. Despite this, the report indicates that brands are starting to shift their focus with 22% of companies identifying strengthening worker voice systems as a key priority moving forward, while 16% of companies* Home
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GLOBAL FASHION GROUP ACHIEVES CARBON NEUTRALITY WITH THE ICONIC'SHELP
4 Jun 2021
"We’re incredibly proud to have achieved this sustainability milestone as a global group." Read moreNEWSREAD ALL
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SWAROVSKI BRINGS NEW STORE CONCEPT TO AUSTRALIA The new store is one of 28 'Instant Wonder' stores in key globalmarkets.
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7 Jun 2021
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HARPER’S BAZAAR RELAUNCHES IN AUSTRALIA The title will be headed up by Maureen Jordan.Read more
7 Jun 2021
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BEST & LESS IS ROLLING THIS OUT TO ITS 185 STORES The launch forms part of the retailer's sustainability goals.Read more
7 Jun 2021
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ARE YOUR HOURS IMPACTED BY VICTORIA'S LOCKDOWN? YOU COULD BE ELIGIBLEFOR THIS PAYMENT
The COVID Disaster Payment is available to Australians who have had their hours of work and income affected due to state lockdowns.Read more
4 Jun 2021
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LEADERSHIP SHAKE UP AT MICHAEL HILL AS EMMA HILL RETIRES AS CHAIR Current Air Canada director Rob Fyfe will take up the role.Read more
4 Jun 2021
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MOSAIC BRANDS LAUNCHES DEDICATED LIZ JORDAN EBOUTIQUE "This is the logical next step for the Liz Jordan label."Read more
4 Jun 2021
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AAFW BUYERS: The Iconic's Anna Brennan4 Jun 2021
"We are witnessing a renewed movement to natural fibres, Australian made and a preference to more sustainable style." * AAFW BUYERS: Harrolds' Roshali Kaul * AAFW BUYERS: David Jones' Bridget Veals * AAFW BUYERS: Net-A-Porter’s Libby Page * New MyDeal CMO Ryan Gracie details his top priorities for theeTailer
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Former Sportsgirl CEO Colleen Callander talks top leadership tips18 May 2021
"My definition of leadership is one life impacting another in apositive way."
* 4 tax time mistakes you should avoid * Tax time is approaching: here's 3 things you should start thinkingabout now
* What it takes to grow a fashion start-up to $3 million in sales and have Beyoncé as a fan * How exactly did Kathmandu achieve carbon neutrality 4 years early?BUSINESSREAD ALL
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GlamCorner's Audrey Khaing-Jones reveals key strategies forsustainability
2 Jun 2021
These are her top tips to get sustainable practices embedded infashion retail.
* How is Ecco's 'premiumisation' strategy going? * The Iconic, Reebok and Forever New reveal lessons in leadership * This is how you should plan for the end of stimulus measures * Camilla wins 4000 customers with COVID-proof strategyINSIGHTSREAD ALL
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Do your eCommerce 'rules of engagement' need updating?3 Jun 2021
"This one thing is the reason why physical retail converts considerably higher (20% to 40% range) than online retail (1% to 4%)." * Yes, a discount is good, but your loyalty program should go beyondprice
* Revamping Your Technology Ecosystem For 2021 * Customers Over Transactions – How to Pivot a Pandemic withMeaningful Content
* Omnichannel best-practice: 5 key capabilities you need to enhanceyour offering
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