South African Retail Giant Mr Price Acquires Studio 88 Group
Mr Price paid 3.3 billion rand ($225.4 million) for a 70 percent stake in the group, which includes brands SideStep, John Craig and Skipper Bar.
Wealthy tourists are key to the recovery of the Australian luxury market but analysts predict that the sector won’t return to pre-pandemic levels until next year.
Entrepreneurs are using exotic botanicals from Australia to create unique scents that attract the attention of global retailers and perfume giants like Guerlain, LVMH and Estée Lauder.
After years of marginalisation and underrepresentation, Indigenous designers are carving out new business opportunities in the Australian fashion sector. Is the industry doing enough to support them?
At a time when government funding is scarce elsewhere, Australia is injecting more than $380 million into its fashion and design industries. Is the money being well spent?
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Mr Price paid 3.3 billion rand ($225.4 million) for a 70 percent stake in the group, which includes brands SideStep, John Craig and Skipper Bar.
The Australian bush clothing and footwear brand could soon be making a plant-based version of its famous boots following a $20 million investment in sustainable textile company Natural Fiber Welding.
The designer label will expand from two to six US stores in the next 18 months, opening four new locations in key luxury markets across the country.
Factories serving some of the biggest global fashion brands may soon be unable to meet production targets in the country’s worst financial crisis in decades.
The series C round was led by by A91 Partners and the new capital will be used to grow Plum's omnichannel presence and expand into new product categories and geographic regions.
The Brazil-based footwear and accessories conglomerate registered full year 2021 adjusted net revenue of 2.93 billion Brazilian reais (approximately $575.7 million).
The Melbourne Fashion Festival (MFF) closed on Saturday with a stadium-style show for 5,000 guests at the city’s Margaret Court Arena.
A coalition of retail trade associations, human-rights organisations and investor groups has ended its global boycott of cotton from Uzbekistan, citing a breakthrough in the elimination of systematic child and forced labour from the nation’s cotton fields.