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Tag: Australia

Retail Asia27/05/2019
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Food

Dosa Hut opens first Gold Coast Restaurant, Australia

2min0
Indian restaurant chain Dosa Hut has opened its first Gold Coast store at Crestwood Plaza in the central part of the region. The 165sqm store in Molendinar will offer both dine-in and takeaway options. The Melbourne-based chain, which already has restaurants across Victoria, New South Wales, and the Australian Capital Territory, said the Gold Coast […]
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Retail Asia27/05/2019
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Real Estate

Luxury retail brands heading for Melbourne

2min0
Collins Street celebrates its rich blend of global brands, local creatives and diverse business cooperatives, embracing its prestige as Australia’s landmark address. Boasting an unrivalled combination of luxury retail, premium accommodation, world-class dining, top entertainment and major business headquarters, Collins Street is the epicentre of Melbourne’s inspirational lifestyle.Collins Street is the heart of retail, hospitality and business past and present, […]
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Retail Asia22/05/2019
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Telecom

Australia’s ACCC proposes to continue regulating MTAS

2min0
Australian telecommunications regulator ACCC has proposed to continue regulating Australia’s domestic mobile terminating access service (MTAS) for voice services, including setting default mobile termination rates (MTRs). But the regulator has proposed to drop the price declaration of the MTAS for SMS services as a result of increased competition from OTT messaging apps such as iMessage […]
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Retail Asia21/05/2019
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General

Outdoor Retailers Fighting for Market Share

2min0
Outdoor retailers Kathmandu and Decathlon are vying for a piece of Australia’s ski and snowboard market this winter. Both businesses are launching inaugural snow collections, despite the fact that less than a million Australians regularly or occasionally ski or snowboard, according to 2018 data from Roy Morgan. On Thursday, Kathmandu launched its inaugural snow collection […]
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Retail Asia16/05/2019
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General

AuMake doubles digit Profit

3min0
AuMake more than doubled its profit and nearly doubled sales in Q3, compared to the previous corresponding period. The daigou-focused retailer reported $1.68 million in profit in the March quarter, 104 per cent up on the same period last year, and $9.9 million in sales, up 93 per cent on the same period last year. […]
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Retail Asia16/05/2019
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Finance

NZ dollar slides Again

1min0
The New Zealand dollar has fallen slightly against the US dollar Tuesday, trading at 66.70 US cents at 0750 in Wellington from 66.79 US cents at 1700 yesterday. The trade-weighted index was at 72.71 points from 72.82. The local currency was at 94.46 Australian cents from 94.85 and was at 51.54 British pence from 51.63. […]
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Retail Asia09/05/2019
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Fashion

Calvin Klein opening First Multi Brand Fashion Store

2min0
The first store bringing together the entire Calvin Klein offering in Australia opened over the Easter long weekend at Queensland’s Sunshine Plaza. Spanning over 310sqm and offering a full range of men’s and women’s underwear, jeans, performance, accessories, as well as kid’s underwear, the store is the Calvin Klein’s 32nd in Australia, and reflects the […]
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Retail Asia03/05/2019
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General

AuMake in trading halt

1min0
Shares in daigou-focused retailer AuMake have been placed in a trading halt pending an announcement on an acquisition and related capital-raising. The company, which last month extended its bricks-and-mortar presence beyond Sydney, has requested the halt be lifted before the open of markets on Wednesday April 17, or when its anticipated announcement is released to the […]
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Retail Asia02/05/2019
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General

Cebu Pacific Expands Horizons to Australia

6min0
Australian cities such as Perth and Cairns, as well as destinations in Japan and India, are on the radar for Philippines budget carrier Cebu Pacific as it expands its fleet of Airbus A321neos. Cebu, which already flies direct to Sydney and Melbourne from Manila, is stepping up its re-fleeting program and took delivery of the […]
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Retail Asia02/05/2019
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Finance

Australian dollar slightly up again

1min0
The Australian dollar has dipped slightly, buying 71.70 US cents from 71.69 US cents on Monday. On Monday morning, the dollar was buying 71.71 US cents from 71.61 US cents on Friday. Last Friday morning, the local currency has fallen, buying 71.25 US cents from 71.61 US cents on Thursday. It had flatlined near a six-week peak […]
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Retail Asia01/05/2019
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Living

King Living Opens Shanghai Flagship Store

3min0
Australian furniture and lifestyle brand King Living has opened a flagship retail store in Shanghai, continuing its global expansion into China. The new 400sqm space will showcase King Living’s sofa designs, dining ranges, contemporary bed and mattress ranges, and outdoor collections. The brand has been a prominent player in Australian furniture design for more than […]
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Retail Asia30/04/2019
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Fashion

Beaurepaires identifies nine years of payment issues

3min0
Beaurepaires Australia revealed this week that around 3700 current and former employees were underpaid or overpaid due to a payroll error stretching back to 2010. Back payments to the affected staff are expected to cost the business approximately $1.8 million. Beaurepaires identified the payroll error during a review of its system conducted with the assistance […]
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Retail Asia30/04/2019
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E-Tailing

Online sales not sufficient to save Oxfam

2min0
Oxfam Australia will start the process of shutting down its retail, wholesale and e-commerce operations in June due to commercial pressures and the difficult retail environment in Australia. The decision affects nearly 100 staff, made up of approximately 40 permanent and 60 casual positions. “We know this will be very difficult news for our staff […]
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Retail Asia30/04/2019
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General

AirAsia becomes Brisbane Broncos Official Airline

3min0
AirAsia has formalised a deal to become the Brisbane Broncos’ official airline, along with promotions held at every Broncos home game and special discounts for fans. The deal is centred around the launch of the new ‘The Buck Stops Here’ campaign, to celebrate AirAsia the airline’s new services from Brisbane to Bangkok, which are set […]
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Retail Asia29/04/2019
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E-Tailing

Mountain Designs relaunches witch New E-commerce Platform

2min0
Australian adventure brand Mountain Designs has officially relaunched, with a new e-commerce website sporting the brand’s full range. Spotlight Group chief executive of leisure brands Chris Lude said the business was committed to maintaining its 45 year heritage. “We are dedicated to ensuring the iconic Mountain Designs brand remains Australian owned, operated and designed,” Lude […]
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Retail Asia29/04/2019
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General

Kiwis less likely to be brand “fans” than Aussies

2min0
Customers in New Zealand are less likely to be “fans” of brands, and are more likely to be “disappointed” by their shopping experience than customers in Australia. This is the finding of a recent comparison of New Zealand and Australian customer insights by TruRating, a customer feedback provider that launched in New Zealand this week. The company found that […]
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Retail Asia26/04/2019
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Finance

Australian Dollar Slips

1min0
The Australian dollar has fallen Wednesday, buying 71.23 US cents from 71.44 US cents on Tuesday. The local currency rose on Tuesday morning, buying 71.24 US cents from 70.99 US cents on Monday. It was at 71.07 US cents Monday morning, dropping from 71.25 US cents on Friday.
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