Online sports clothing retailer SurfStitch, has revealed in an investor update released on Thursday that amid financial pressures from ongoing legal proceedings, the company may begin selling off its assets.
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Collette is a contributing content writer for Power Retail. She is also an avid reader (of mostly fiction), enjoys karaoke, tries to shop environmentally friendly products and is able to recall useless pop culture trivia at the drop of a hat!
In the continuing trend of brand consolidation among luxury retailers, this week announced the latest top end take over. Michael Kors has finalised a deal reportedly worth AUD $1.5 billion to acquire British Luxury shoemaker, Jimmy Choo.
Having collapsed into administration in February of this year, Melbourne based fashion labels Rhodes & Beckett and Herringbone have been thrown a lifeline in a deal led by current brand director Michael Boutin.
In a strategic move speculated to counter the impending Amazon arrival in Australia, Brisbane based Super Retail Group has announced it will be ditching the discount-sporting brand Amart Sports.
3DLook, a software development agency based out of San Francisco, are making body scanning technology mobile with their new body scanning software SAIA: Scanning AI for Apparel.
Amazon has announced that the latest addition to the Alexa-powered Echo range of home hubs, the Amazon Echo Show, is set to go on sale June 28 for USD $230.
The quarterly Sensis Business Index, which takes the pulse of Australian small to medium businesses, was released today with indicators showing confidence growth in the retail sector.
Amazon’s third party sellers have had their accounts severely compromised as hackers take advantage of leaked user names and passwords from previous breaches.
In a deal set to be the largest e-commerce transaction in history PetSmart has acquired online pet supply company Chewey.com for a reported US $3.5 billion.
Following months of court proceedings into the alleged data ‘theft’ case, a settlement was announced last week whereby Black Swallow is to pay a penalty of $60,000 to Showpo.