Reporting and analysis on retail, e-commerce, and consumer trends in Australia, updated continuously by our newsroom.
Monday will be Billabong International’s last day of trading on the ASX after the Federal Court approved Quiksilver parent Boardriders Inc’s scheme of arrangement to acquire all of the issued shares in the company. The surf wear business will suspend from…
Australian operator Optus is using the Commonwealth Games on the Gold Coast to showcase 5G use cases including 8K video streaming on its live 5G trial network. The showcase aims to provide visitors with a hands-on 5G experience in advance of a planned initial…
Australian consumers spent around $25 billion online in the 12 months to February 2018, a more than 15 per cent boost over the same period last year, according to the monthly Online Retail Sales Index compiled by NAB. This equates to eight per cent of…
A consortium led by RTI Connectivity has commenced construction of a new subsea cable linking Japan, Australia and the US territory of Guam. The Japan-Guam-Australia Cable System (JGA) is being built by a consortium consisting of RTI Connectivity, Australia’s…
DFS Group, the world’s leading luxury travel retailer, will celebrate the opening of its newly renovated T Galleria by DFS, Sydney next month, offering customers an exciting modern retail experience that combines the best of the world’s most famous luxury…
Paris fashion maison Céline has announced the opening of its first standalone Australian boutique in Melbourne. While it is the third official store for Céline Australia, the new Melbourne location will be the first localized store to bow outside the walls of…
Prime Minister Vietnam Nguyễn Xuân Phúc said he expected a new wave of investments, both direct and indirect, from Australia to land in Việt Nam for win-win benefits. His statement comes after the newly established strategic partnership of which the two…
Vietjet is set to make Brisbane its first Australian long haul destination following the signing of a Memorandum of Understanding (MoU) between the airline and Brisbane Airport Corporation (BAC), Queensland, Australia. Scheduled to commence in 2019, the…
Varta Storage GmbH enters the Australian market, bringing their quality “Made in Germany” energy storage solutions to the fifth continent. Customers will be able to buy and install VARTA Storage’s lineup of VARTA pulse solutions across the country. The VARTA…
Fashion brand Cue Clothing Co. has staked a claim as the first Australian retailer to offer WeChat and Alipay payment services in every one of its standalone store sites, nationwide. In a statement, Cue said its three fashion brands, including Cue, Veronika…
Listed Australian company AuMake has launched the country’s first purpose-built retail hub for China’s growing army of “daigou” shoppers, using live streaming to reach millions of overseas consumers. The new 430sqm Daigou Hub retail concept is set in the…
Michael Hill will spend $5.8 -$7.9 million closing all but six of its 30 Emma & Roe stores by the end of the financial year as part of its repositioning of the struggling brand. The move will see Emma & Roe exit its operations in New Zealand and New South…
SWIFT welcomes the public launch of the New Payments Platform (NPP) in Australia, which is set to revolutionise the way payments are made domestically. SWIFT has helped to design, build and deliver the NPP and will play a key role in operating the…
Australia’s Telstra, Ericsson and Ciena say they have achieved the world’s fastest speeds during a demonstration using Telstra’s transmission network in Melbourne. The companies achieved 400Gbps speeds over 61.5-GHz spectrum using Telstra’s transmission…
RELEX Solutions, the pioneer of unified retail planning technology, and one of the world’s fastest growing supply chain technology companies, has taken a major step towards establishing a truly global presence. A new partnership with FMCG Retail, the…
Online sales in November 2017 increased the most in three years in Australia, according to data released by the NAB, with consumers buying considerably more items online compared to the same month in 2016. The NAB Online Retail Sales Index (NORSI) said online…
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