Retail
The ACCC has raised a number of preliminary concerns about Chemist Warehouse’s $8 billion reverse merger into Sigma Healthcare. But dealmakers involved insist they were bracing for worse.
The deal, struck within ten weeks of Tigerlily entering administration, is expected to see Seafolly relaunch the brand early next year.
In a rare appearance, Cetitre’s ultra-elusive founder Dean Mintz has laid out his plan to work with brands – not against them – as the business matures.
For those wanting rate cuts sooner rather than later, retail data this week is a glimmer of hope. But if rates are kept high for too long, economists think more businesses will go bust.
It has become the biggest battleground stock on the ASX. But far away from the markets, there is a growing view in the fashion industry that Cettire could become a victim of its own success.
The sensational exchange between Woolworths CEO Brad Banducci and Nick McKim at a Senate inquiry may have been entertaining, but it should also be concerning to everyone in business.