Quicksilver outlines profit plan

Quiksilver this week laid out a three-year plan to boost profit by dumping poorly performing brands and stores. Quiksilver, which was founded in Victoria but is now run from California and listed on the New York Stock Exchange, has declared it will increase earnings before interest, tax, depreciation and amortisation by $US150 million (A$153m) by 2016, after reporting los...

Myer looks to boost sales

Myer Holdings is planning its biggest stocktake sale yet following a sharp downturn in consumer confidence levels. The Westpac-Melbourne Institute Index of Consumer Sentiment fell 7 per cent in May, its biggest drop since December 2011. The department store will hold a "Super Saturday" stocktake sale to drive sales, as well as a offload stock held by some its suppliers. "...

ASOS launches “State of Fashion”

Global fashion e-tailer, ASOS, has teamed up with a handful of Australian fashion bloggers to launch "State of Fashion", a digital competition to find Australia's most "stylish state". Driving the ASOS proposition as a pure-play digital retailer, a selection of top Australian fashion bloggers have been hand picked to present individual edits of their favourite fashion loo...

Tale of two cities as foreign brands make their choice

The rivalry between Sydney and Melbourne has come to the fore in recent times as foreign brands debate where to set up shop on Australian shores. However, according to one expert, the only factor in brands’ decision making is retail space. As reported by BRW, to date, more international retailers have opted to set up their flagship store in Sydney than Melbourne, accordin...

DHL scholarship deadline near

The deadline for Australian fashion designers to apply for the DHL Express Fashion Export Scholarship Program is Friday 31 May. Nathanial Petersen, DHL Express national customer manager Australia, said labels that had a clear export vision plan and that know their target audience were among the applicants that would be considered.Winners receive $10,000 worth of internatio...

Devon Industries - holding its own

A family business established over 60 years ago, Adelaide based industrial and schoolwear specialist Devon Industries has differentiated itself within the competitive local market by focusing on quality product and scalable operations, writes Belinda Smart Devon Industries was founded in 1948 by Hedley Thomas, grandfather of current managing director Cameron Thomas. In its...