Tag: Myer

Retail Asia19/05/2017
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2min0
Australian department stores giant Myer has signed growing local fashion label We Are Kindred to its roster. The three-year-old label has been signed up for an initial one-year deal with the retailer saying that two seasons are the minimum time it needs to judge a label’s appeal. Founded by Georgie Renkert, a fashion industry veteran, […]

Retail Asia27/03/2015
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1min
Australian retail giant Myer could close seven stores to help reignite sales growth, analysts say. The department store chain has a number of underperforming stores that could be closed to simplify the business and improve its financial performance, Citigroup analysts said. Myer has 67 stores across Australia, mostly in capital cities, but also in regional […]

Retail Asia11/03/2015
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1min
Myer shareholders are bracing for a sharp fall in earnings and big asset write-downs and provisions over the next few years as the new management team embarks on a multi-year transformation plan to reshape the 115-year-old department store chain. Analysts and investors believe the new team, led by former Woolworths and Australia Post executive Richard […]


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