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City Chic divests EMEA Evans brand business

Inside Retail

Plus-size apparel company City Chic has sold its Evans brand to AK Retail Holdings for GBP8 million (AU$15.5 We are continuing with the rationalisation of our product offering, streamlining our supply chain and focusing on cost management.” million acquisition facility. “We

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2XU co-founder Adrian Clarke launches performance wear brand, Sa1nt Layers

Inside Retail

Products in the collection include moisture management and medical-grade sports compression, squat-proof tights, and anti-pill training tops. There is also a range of accessories including caps, water bottles and towels. We are here to finish the recipe we started and are excited for Australians to meet our brand.”

Apparel 264
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Oroton trebles profit after rigorous cost-control measures

Inside Retail

Luxury fashion retailer Oroton Group says its profit more than tripled on the back of higher sales and stricter cost and inventory management in FY23. The company booked a net profit of $8.2 million in the 12 months ended July 30, up 3.5 times from last year.

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Under Armour continues to struggle although decline softens

Inside Retail

Athletic apparel brand Under Armour posted revenue of US$1.6 Direct-to-consumer revenue rose 3 per cent to $596 million after the company managed to control the sales experience and tell a story around its merchandise. Apparel revenue increased 3 per cent to $1.1 Accessories sales rose 3 per cent to $114 million.

Apparel 264
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Alquemie Group to launch National Geographic stores

Inside Retail

Apparel retailer Alquemie Group will launch a network of National Geographic apparel stores in Australia and New Zealand.

Apparel 264
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“We’ve got aspirations to be a global business”: SkinKandy CEO on growth drivers

Inside Retail

Two elements are really exciting and one is that there is a broader acceptance and normalisation of piercing as part of a fashion accessory and part of a subculture that is mainstream now,” Friis said. Compared to a sector like apparel, Friis noted that piercing is a relatively recent addition to the mainstream retail environment.

Apparel 278
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Accent Group picks up Glue, Next Athleisure in expansion play

Inside Retail

Apparel firm Accent Group has entered into an agreement to buy up the Glue Store and Next Athleisure businesses for $13 million. Under Accent Group, Next Athleisure will be transformed into a new division named ‘Accent Lifestyle’, with current chief executive Darren Todd joining Accent Group as Accent Lifestyle’s group general manager.

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