This Month
Australian designer to the stars Dion Lee goes under
Fifteen-year-old fashion label Dion Lee will continue trading while the administrator assesses the business and options regarding the remaining US entity.
- Lucy Dean
- Opinion
- Retail
Why Olivia Wirth’s top Myer role is a governance fail
Myer’s decision to appoint Olivia Wirth as executive chair and CEO has stunned corporate governance experts but has the full support of Solomon Lew.
- Sue Mitchell
- Exclusive
- Pubs
Public Hospitality Group’s Jon Adgemis raided by tax authorities
The company, which owns a sprawling portfolio of pubs, has been attempting to refinance its significant loans with Deutsche Bank in a bid to avert collapse.
- Updated
- Primrose Riordan and Sarah Thompson
Supersized profits: how McDonald’s beat the health-food movement
The 2004 movie ‘Super Size Me’ lead to a backlash against McDonald’s. Twenty years on, the stock is up almost 1000 per cent.
- Brian Gallagher
Carlyle, Amicaa fund $128m management buyout of NZ fuel retailer NPD
Street Talk can reveal the pair have signed off on a debt financing deal to fund a management buyout the 55-year-old family-owned business.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Four executives exit Bunnings amid ‘reshaping’ of top management
Bunnings managing director Mike Schneider has overhauled his top management team, but he says it’s not part of a cost-cutting blitz.
- Simon Evans
Lenders move on Adgemis’ El Primo Sanchez bar
The move comes amid debt refinancing negotiations led by major lenders to the dealmaker’s hospitality empire.
- Primrose Riordan
Victa lawnmower brand hits the block via 333 Capital
US-based Briggs & Stratton is seeking to exit the region, carving out its Australasia division in a sale led by 333 Capital.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Rothschild, Cameron Partners seek buyers for Nestle’s Egmont Honey
The bankers have been spruiking Egmont Honey as “the fastest growing manuka company globally” in a 10-page deck.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Quadrant puts Rocklea Road maker Darrell Lea on the block
Advisers UBS and Gilbert + Tobin are expected to market the business based on a $70 million earnings figure.
- Sarah Thompson, Kanika Sood and Emma Rapaport
CEOs to Labor: inflation still needs to be tamed
Measures to lift housing supply are being partly applauded, but a heavier push on curbing inflation seems to be missing in a two-speed economy.
- Simon Evans and Liam Walsh
Prezzee co-founder quits Shaun Bonett-owned gift card company
Claire Morris is leaving the group, and resigning as its brand ambassador. It follows a string of senior executive departures in the last 18 months.
- Primrose Riordan
- Opinion
- Chanticleer
Where Australians are spending their larger pay packets
Australian household income is up, but so is spending on some undesirables. The result is what our retail CEOs are talking a lot about - shopping for value.
- Anthony Macdonald
Care A2 Plus lender applies to wind up baby formula minnow
Care A2 Plus faces the prospect of being wound up due to a long-running dispute with a lender who alleged the infant formula manufacturer defaulted on a $2.2 million loan.
- Max Mason and Carrie LaFrenz
David Di Pilla’s HMC Capital takes big stake in Baby Bunting
The country’s largest maternity and baby good retailer has had a poor year, with earnings downgrade and executives departures pushing shares a third lower.
- Kylar Loussikian
Shares smashed as optimistic shoppers prove no match for retail weakness
JB Hi-Fi and Baby Bunting were among stocks to slide amid disappointing earnings. But new Barrenjoey analysis suggests that the worst may have passed.
- Simon Evans and Tom Richardson
Westfield Bondi owner says shoppers are back after horror attack
Scentre chief executive Elliott Rusanow said the mall operator had increased security spending as it returned to a “different” normal after the fatal attack.
- Campbell Kwan
- Opinion
- Retail
Half-priced detergent every few weeks? Shoppers can smell a rat
Deep food and grocery discounts have become increasingly popular with consumers, but the cost is unfairly borne by suppliers, prompting calls for change.
- Updated
- Sue Mitchell
Cettire founder makes rare appearance to talk up retailer’s growth
The luxury goods marketplace has been under considerable investor pressure with questions over some of the company’s duty and tax payment practices.
- Carrie LaFrenz
Board bought time for Kogan execs to settle $17 million windfall
Recently released emails show how the Kogan board delayed the settling of executive bonuses for cash, helping the return.
- Mark Di Stefano
