Yesterday
- Exclusive
- Private equity
Viral beauty brand Coco & Eve snares $100m American PE investment
The company, marketed as vegan and cruelty-free, was founded in 2018 by Emily Hamilton and sells a range of hair, self-tan and body care products.
- Carrie LaFrenz
This Month
- Opinion
- Chanticleer
Why these 14 ASX stocks could be set to disappoint
The sharemarket might be flirting with all-time highs, but there’s a growing sense investors are far too optimistic about earnings growth next financial year. Here’s why.
- James Thomson
- Analysis
- Analysis
Can Bob East finally find a woman to sit on Cettire’s board?
The addition of investment banker Jon Gidney last week – the first to be added to the board since it listed on the ASX – only highlights the company’s needs.
- Carrie LaFrenz
Blundy’s Accent Group plots overseas expansion with Nude Lucy
The move would be the first time that the company, better known for its shoe brands including Platypus and The Athlete’s Foot, has operated in another market.
- Carrie LaFrenz
- Opinion
- Chanticleer
The Good Guys debacle reveals inflation’s unexpected consequence
When inflation peaked at 7.8 per cent 18 months ago, no one could’ve predicted how it would affect some of our big brands.
- Anthony Macdonald
Not so Good Guys: Electronics chain misled shoppers for years, says ACCC
Customers at the JB Hi-Fi-owned chain may have purchased items which they might not have done otherwise, according to ACCC chair Gina Cass-Gottlieb.
- Carrie LaFrenz
Veteran banker Jon Gidney joins Cettire board
The former investment banking heavyweight has joined the luxury goods platform, which is yet to appoint any female directors.
- Carrie LaFrenz
Anzac Day shopping ban restricts choice, retailers say
Retail trade will be banned on Anzac Day in NSW, giving the state some of the nation’s most restrictive rules in a move to counter “creeping commercialism”.
- Gus McCubbing, James Hall and Lucy Slade
New suitor emerges for Booktopia, as bid deadline looms
digiDirect has hired PwC to advise it on a potential purchase, and brought in several former senior Booktopia staff for advice.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Updated
- Mergers & acquisitions
Bapcor rejects Bain’s $1.83b offer, lures exec chair from 7-Eleven
The struggling automotive parts group also flagged an impairment, and said the private equity firm’s cash proposal did not reflect the value of the company.
- Updated
- Carrie LaFrenz
- Exclusive
- Private equity
Quadrant taps Houlihan Lokey for premium pet food review
The private equity firm with a strong track record in the pets category is mulling its options, including a sale of the premium Prime100 brand.
- Carrie LaFrenz
Pharmacies face an ‘Uber’ moment – whether they like it or not
Stephen King, who led a Health Department review into the sector, says antiquated ownership restrictions should be abolished before they do more damage.
- Carrie LaFrenz
Three ASX stocks to ride out the retail rebound
As retail sales data tops market expectations, Morningstar says some beaten-up retailer stocks may be ripe for a recovery.
- Joshua Peach
Guzman y Gomez worth $62 if US dream succeeds: Morgans
The broker initiated coverage with a $30.80 price target, but says the Mexican fast-food chain could be valued at $62 with a successful push into the United States.
- Carrie LaFrenz
Biden’s debate confession; Retail sales rise; Crucial super trick
Read everything that’s happened in the news so far today.
Anacacia taps into the golf craze with MGI investment
Street Talk understands Anacacia’s Private Equity IV fund is seeking to acquire 80 per cent of family-run golf motorised buggy retailer MGI Golf.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Rising cheese prices bite into Domino’s earnings: Barrenjoey
Barrenjoey has slashed its earnings forecasts for Domino’s due to a slower store rollout, weak Japanese yen and rising cheese prices.
- Carrie LaFrenz
Baby Bunting plots expansion on the back of HMC’s property portfolio
The retailer fell on tough times but its new CEO is expanding the network into fresh areas with smaller formats and exclusive products.
- Carrie LaFrenz
Solomon Lew’s surprise role model? Vegas mogul Sheldon Adelson
Like the colourful businessman, the billionaire rag trader won’t stop building his empire. And Myer, with a new chief, is finally playing ball.
- Updated
- Jemima Whyte
- Opinion
- Mergers & acquisitions
Adore Beauty acquisition is a great deal … for the other company
Adore Beauty’s $25m purchase of Aussie brand Ikou doesn’t come cheap, and poses questions about whether it has overpaid, and used up too much of its cash.
- Adir Shiffman