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1 week ago | 
powerretail.com.au | Rosalea Catterson
Reading Time: 2 minsGlobal fashion group Revolve has brought the remaining IP and assets of Australian label Dion Lee following its collapse last year. Australian luxury fashion brand Dion Lee has sold its intellectual property assets to Revolve Group, an American fashion group. Dion Lee called in the administrators in May last year, owing upwards of $35 million following major partner Cue’s withdrawal from the label.
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1 week ago | 
powerretail.com.au | Rosalea Catterson
Reading Time: 2 minsRetailers have praised swift government action following a violent brawl in a Melbourne mall, but caution retail spaces need more protections. As physical retail experiences a resurgence post-pandemic, concerns around in-store safety are escalating.
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2 weeks ago | 
powerretail.com.au | Rosalea Catterson
Reading Time: 2 minsDespite retail headwinds and distribution challenges, Myer has reported a solid finish to FY25, with growth across sales channels. Myer has reported modest growth for the second half of FY25 to date, with the department store chain revealing preliminary, unaudited results for the 16-week period ending mid-May. While total sales for Myer rose 1.9 percent year-on-year to $837.2 million, the group continues to face operational challenges and a shifting retail landscape.
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2 weeks ago | 
powerretail.com.au | Rosalea Catterson
Reading Time: 2 minsPrincess Polly and Culture Kings are leading omnichannel strategy across parent company AKA Brands’ US and ANZ markets. Youth-focused fashion group AKA Brands has posted a strong start to 2025, with their first-quarter results reflecting the success of its strategic focus on digital innovation, global reach, and retail expansion.
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2 weeks ago | 
powerretail.com.au | Rosalea Catterson
Reading Time: < 1 minuteBrand collective will not be renewing its Clarks distribution license next year as it focuses on core brand growth. Brand Collective, one of Australia’s largest fashion companies, has announced it will not renew its Clarks distribution license in 2026.
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2 weeks ago | 
powerretail.com.au | Rosalea Catterson
Reading Time: < 1 minuteAlquemie Group has sold off part of its portfolio including the SurfStitch and Ginger & Smart brands to an undisclosed buyer. Last week, headlines emerged questioning where SurfStitch had gone. Launched in 2007, the brand was one of Australia’s earliest ecommerce successes, growing from a modest garage operation in Sydney to a major online retailer offering a curated edit of over 300 brands.
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2 weeks ago | 
powerretail.com.au | Rosalea Catterson
Reading Time: 5 minsExclusive Q&A with Okanui CEO Simon Kasprowicz on surfing the wave of growth while staying true to the brand and community. Okanui is one of Australia’s most beloved brands. Born out of a dream to escape the everyday, and the desire to serve the community, Okanui’s story started in the heart of the Aussie surf scene back in 1956 when founder Dick Ash, aged just 15, crafted his first pair of board shorts designed to comfortably ride the waves without any friction.
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2 weeks ago | 
powerretail.com.au | Rosalea Catterson
Reading Time: 2 minsThe RBA’s decision to cut the cash rate is expected to spark consumer spending and business confidence, giving the retail industry a much needed boost. The Reserve Bank of Australia has decided to cut the cash rate by 25 basis points to 3.85 percent in its May meeting, news that has been well received by the retail industry as an encouraging boost for recovery.
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2 weeks ago | 
powerretail.com.au | Rosalea Catterson
Reading Time: 2 minsJust months after its landmark Booktopia acquisition, digiDirect Group has invested further in Australia’s book market. The digiDirect Group, parent company of consumer electronics retailer digiDirect and recently acquired Booktopia, has added another company to its group, having announced its acquisition of James Bennett, Australia’s leading local library supplier.
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2 weeks ago | 
powerretail.com.au | Rosalea Catterson
Reading Time: 2 minsWhile Kogan boosted sales and margins, technical woes at Mighty Ape dragged down overall earnings for the group. Online retail group Kogan has reported a mixed performance to wrap up FY25, with gross sales accelerating 20.2 percent year-on-year for the four months ending 30 April, driven largely by strong performance from Kogan.com. Sales at Kogan.com surged 24.2 percent compared to the same period last year, fueling a 27.3 percent rise in group active customers to 3.4 million.
