Tag: retailer

  • Iconic Australian shoe retailer collapses, closes stores | Beloved Aussie brand in administration…

    Iconic Australian shoe retailer collapses, closes stores | Beloved Aussie brand in administration…

    Explore the latest developments concerning Iconic Australian shoe.

    Iconic Australian shoe retailer collapses, closes stores

    Australian shoe retailer Betts has gone into administration, closing more than half of its stores in the process.

    The retailer, which was founded in Western Australia and had 35 stores across the country, will close 20 of its stores as it looks to transition to an online only business.

    Betts will close 20 of its 35-store network as it downsizes its brick-and-mortar presence. Facebook

    It has been running for 134 years, and at its peak had 220 stores in Australia.

    Lindsay Bainbridge from administrator Pitcher Partners said challenging market and retail conditions meant many stores were no longer profitable or sustainable.

    “Australians grew up with Betts shoes, they know and love the brand, and we believe it has a strong outlook as a more streamlined operation,” administrator Lindsay Bainbridge said

    WA news LIVE: Seven WA stores to close as Perth-born shoe chain calls in administrators

    Anneke Brown has stepped down from her role as managing director of Western Australia’s tourism agency less than two years after she was appointed.

    Brown shared the update on LinkedIn, saying it had been an “immense privilege” to work at Tourism WA alongside the “Dream Team”.

    “After 25 years in the tourism industry, I was proud to bring my insights and experience to the agency, building on the significant work already underway and helping drive the vision for the visitor economy,” she said.

    “It has been incredible to work with the wonderful Tourism WA Dream Team. Their passion for serving the tourism industry has led to significant achievements, with Western Australia’s tourism performance accelerating in all areas in 2025.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

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  • Major fashion retailer shuts down website as it prepares to close final store | Another major ret…

    Major fashion retailer shuts down website as it prepares to close final store | Another major ret…

    Explore the latest developments concerning Major fashion retailer.

    Major fashion retailer shuts down website as it prepares to close final store

    A major fashion retailer has shut down its website as its final brick-and-mortar store is set to close its doors this week. 

    High street retailer Glue has officially closed for good, with the website shut down and final store set to close its doors this week.

    Glue’s closure was announced in February by parent company Accent Group, which said all final stores would be sold on or shut down this year.

    As of today, Glue’s website now offers no products and instead shows a thank you message to previous shoppers.

    “After many years of bringing you the styles you love, Glue Store has permanently closed – both in store and online.

    Another major retailer gone as economic pain hits home

    Major fashion retailer Glue Store, which posted an $8.4 million loss this year, announces it is shutting.

    The closure follows the collapse of other major Australian retailers in recent days and coincides with a slowing economy.

    An economist says the negative impacts from successive interest rate rises this year are yet to be fully felt.

    "After many years of bringing you the styles you love, Glue Store has permanently closed — both in store and online," Glue said in a statement.

    "We are so grateful for your loyalty and support over the years."

    Glue's closure follows Barbeques Galore's announcement that it will shut down, and Lincraft's move to shut all its physical stores.

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    Fashion retailer Glue closes all stores after posting $8.4 million loss

    Retail chain Glue Store has permanently closed after flagging plans to shutter its network of stores in response to poor financial results.

    The remaining 16 Glue Stores in Australia have officially shut doors and the retailer is no longer taking online orders.

    Retail giant Accent Group has closed all its Glue Stores. Supplied Nine

    The brand thanked its loyal customers with a note on its website.

    “After many years of bringing you the styles you love, Glue Store has permanently closed – both in store and online,” the retailer said.

    “We are so grateful for your loyalty and support over the years.”

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  • Major wine retailer puts vineyards up for sale amid industry-wide squeeze | Blow to SA wine: Mass…

    Major wine retailer puts vineyards up for sale amid industry-wide squeeze | Blow to SA wine: Mass…

    Explore the latest developments concerning Major wine retailer.

    Major wine retailer puts vineyards up for sale amid industry-wide squeeze

    The wine industry has been in a state of transition after a worldwide oversupply of wine in recent years. (ABC News: Hamish Harty)

    Australia's largest retail drinks network, Endeavour Group, is shifting away from production and selling key vineyards and a bottling facility.

    The sale comes as industry pains reach Australia's premium wine regions, with rising costs and a supply .

    Producers have limited options to pass on increasing costs, so shoppers are unlikely to see higher prices.

    As Australia's wine industry continues through a period of major change, even established operations are facing mounting pressure.

    Now, one of the country's largest retailers is stepping away from production.

    Blow to SA wine: Mass closure of cellar doors, vineyards and wine bottling

    The operations of award-winning vineyards and cellar doors – including Chapel Hill in McLaren Vale – are among numerous SA wine sites being shut down by the owner of Dan Murphy’s.

    Wine and liquor giant Endeavour Group will sell the famed Chapel Hill’s vineyards and heritage cellar door as part of a business restructure impacting numerous wine sites across the state.

    Announced this morning, the company that owns Dan Murphy’s and BWS is also selling off vineyards and cellar doors at Riddoch Coonawarra and Krondorf Barossa, and will close a McLaren Vale bottling facility later this year.

    The company planned to slash its grape production by more than 80 per cent in a bid to reduce investments in its grape growing portfolio, it said in a statement.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

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