Japanese cult-followed restaurant chain Gram has arrived in Australia, opening its debut store in Sydney’s Chatswood.…
Australian jeweller Lovisa sees profits, sales surge on store openings
Australian fashion-forward discount jeweller Lovisa recorded a stellar half-year result, on the back of its continued retail expansion and increases in most geographic regions.…
Australian plus-size fashion firm City Chic sees 30% sales uptick
Australian plus-size fashion firm City-Chic said total revenues for the half-year increased 39%, on the back of increased sales across its domestic and northern hemisphere markets.…
Mercari plans to open first physical store in Tokyo
Japanese online flea marketplace Mercari said it plans to open a physical store in Tokyo, marking the e-commerce platform’s debut into the bricks-and-mortar landscape.…
David Jones profit plummets 50%, plans store closures
Australian premium department store David Jones revealed its December half-year profit fell by more than 50%, down AU$27 million, compared to the same period last year.…
Mosaic Brands revenues down nearly 11%
Australia’s Mosaic Brands Limited revealed total revenues plunged 10.9% to $413.8 million for the half-year period, hurt by the recent bushfires that swept the nation over the holiday season.…
Australia’s Colette by Colette Hayman to close 33 stores to attract buyer
Australia’s jewellery and accessories retailer Colette by Colette Hayman is set to shutter more than 30 stores across the country, as administrators better position the bankrupt company to potential b…
Australia’s P.E Nation next brand to collaborate with H&M
H&M Group announced its next design collaboration is in partnership with Australian high-end activewear brand P.E Nation.…
Harris Scarfe receives final takeover offers to stop closure
Embattled discount department store chain Harris Scarfe is readying for its sale at an upcoming auction that hopes to save the bankrupt retailer from impending closure.…
Forever 21 sold to ABG, Simon Property and Brookfield Property
Forever 21 has been acquired by a business consortium lead by Authentic Brands Group, rescuing the bankrupt fast fashion retailer from permanent closure.…