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Fashion insiders weigh in on the uncertain future of Australian Fashion Week

Inside Retail

Under IMG’s leadership since 2005, AFW has elevated resort collections, showcased Indigenous designers and initiated a consumer-integrated model. Under IMG, the average cost of the show is over $100,000 so when retail sales are down, designers and brands are really questioning return on investment and value.”

Fashion 246
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Myer sees elevated annual sales, but is cautious amid economic headwinds

Inside Retail

Department store chain Myer delivered its highest full-year sales since 2005 this year but remains cautious as consumer spending declines due to unfavourable economic conditions. “Our online offer is a scale business that returned to growth in the second half and has continued to increase market share throughout FY23.”

Insiders

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Behind Eggslut’s fall in Asia: The harsh reality of the F&B market 

Inside Retail

According to the Accounting and Corporate Regulatory Authority, more than 3000 F&B businesses shut down in Singapore last year, the highest number since 2005. F&B establishments must also rotate menu offerings to keep customers returning to try new or seasonal dishes.

Marketing 130
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Grosvenor appoints new Liverpool ONE lead

Retail Focus

Chris joined Grosvenor in 2005 and has held various finance positions in Grosvenor Property UK and the broader Grosvenor business. I joined Grosvenor in 2005 to work on the project, so to return and lead the team into the 15-year anniversary of Liverpool ONE is very rewarding. .

Finance 182
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In Paris without tourists, LVMH unveils Samaritaine store revamp

Inside Retail

Eleonore de Boysson, the Europe and Middle East head of DFS Group – a retail and duty free company majority owned by LVMH which runs the department store – said it may take one or two years for tourists to return en masse to France. La Samaritaine expects around 5 million visitors a year when things go back to normal.

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What Bapcor can learn from Bain’s long track record of PE bids

Inside Retail

From one analyst’s perspective, the Australian mergers and acquisitions landscape is considered to be relatively subdued, but there are signs that confidence in the market is returning. In 2005, a group of global private equity firms – Bain Capital Partners LLC, The Carlyle Group and Thomas H. So there will be an uptick in PE deals.

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The White Company snaps up Charles Tyrwhitt exec as new CFO

Retail Gazette

Prior to that, he worked as head of finance for Argos from September 2007 until September 2010, as well as property financial controller for Tesco from August 2003 to April 2005. ” The appointment comes after the fashion and homeware brand reported a profit boost in its latest financial results, as shoppers returned to the high street.

Finance 59