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    Today

    Guzman y Gomez co-CEO Steven Marks has a focused plan for growth, and  bigger, bolder goal.

    What Guzman y Gomez can learn from the Domino’s disaster

    Domino’s’ latest downgrade tells a story about long-term growth plans that investors in Guzman y Gomez should take note of. 

    • James Thomson

    Domino’s shuts dozens of stores, dumps big growth target

    The company told shareholders it would close stores in Japan and France and warned that the “timing of achieving the long-term outlook was under review”.

    • Updated
    • Kylar Loussikian

    Yesterday

    Emily Hamilton, founder of beauty brand Coco & Eve, has sold to 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

    Richard Facioni, executive chairman of Alquemie Group.

    General Pants Co’s dispute with creditor ‘resolved’

    A winding-up application against the youth fashion retailer, owned by Richard Facioni’s Alquemie Group, is expected to be dismissed on Wednesday.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Prime100, a fast-growing pet food maker, specialises in premium single protein products that are designed to help dogs and cats with potential allergies.

    EBOS chews over Quadrant’s pet food biz Prime100

    Quadrant has brought in Houlihan Lokey for the strategic review of Prime100 which is a supplier to Greencross’ Petbarn retail chain.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
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    Mantra Group chief executive Bob East.

    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
    Nude Lucy will test the US market with a website and a few wholesale customers.

    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

    The ACCC’s new target | What makes an elite CEO | Earnings season predictions

    This week on the Chanticleer podcast, Anthony and special guest companies editor Vesna Poljak look at the ACCC’s latest target, discuss what makes an elite CEO, and make some predictions on earnings season.

    ACCC chairwoman Gina Cass-Gottlieb is hunting another trophy: JB Hi-Fi.

    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
    The Good Guys is owned by JB Hi-Fi. The ACCC has claimed it misled customers over promotional in-store credit.

    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
    Booktopia’s warehouse.

    Booktopia’s outsized ACCC penalty may have sped up its decline

    The ACCC secured $20 million in fines against Meta, Facebook’s parent. If the fine was proportionally the same size as Booktopia’s, it would have been $82 billion.

    • Aaron Patrick

    Shipping crises ‘spanner in works’ for inflation fight

    Australian consumers and retailers are facing long delays and higher prices for goods from Europe and Asia amid an international shipping crisis that could stoke local inflation.

    • Tom Rabe and Jenny Wiggins
    Jon Gidney has joined the board of Cettire.

    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
    We believe there’s been a creeping commercialism of Anzac Day … to the detriment of the importance of the day”: NSW Premier Chris Minns.

    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
    Booktopia CEO Tony Nash (left) and co-founder Steve Traurig.

    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
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    Autobarn is one of the brands in the Bapcor stable. The group has rejected a $1.8 billion offer from Bain Capital.

    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
    Winning Group brand Appliances Online has stopped 80,000 tonnes of electronics and appliances from being dumped in landfill since it was launched in 2005.

    Customers love this cool solution to getting rid of old fridges

    Winning Group brand Appliances Online has stopped 80,000 tonnes of electronics and appliances from being dumped in landfill, earning the company top spot in the Retail category.

    • Gus McCubbing
    Co-CEOs Hilton Brett and Steven Marks at the company’s IPO debut last month.

    Guzman y Gomez is a Morgans special with the lot

    The Brisbane-based broker quietly co-led the company’s IPO, with its junior sell-side analyst even getting his slice.

    • Myriam Robin and Mark Di Stefano
    Embattled publican Jon Adgemis.

    Fast cars, pricey digs: the luxurious (rented) life of Jon Adgemis

    As he tries to sort out his creditors, the former KPMG dealmaker still gives his address as one of Point Piper’s more luxurious piles.

    • Primrose Riordan
    Woolworths boss Brad Banducci while sparring with Senator Nick McKim in April.

    Woolworths’ trashed reputation will cost Banducci

    Woolworths has gone from the 7th most reputable corporate in Australia to the 42nd, on figures that feed into its management scorecard.

    • Myriam Robin