Furla buys back Australian business in boost to retail sector
AusBN - Italian luxury retail company Furla Group has bought back its Australian business from Luxury Retail Group (LRG), in a timely boost to the beleaguered national retail market.
New Entry From the Editor :
Australia slips to second plac…
AusBN - Australia has fallen to second place in the Fraser Institute’...
Wesfarmers reports 87% H1 prof…
AusBN - Wesfarmers (ASX:WES) has reported an 86.6% nose-dive in its H1 net ...
Australian female labour force…
AusBN - Australia’s female labour force participation rate reached a ...
Westfield shopping centres reaping rewards of strong demand
AusBN - Westfield (ASX:WFD) shopping centres in Australia and New Zealand are enjoying strong and sustained demand, despite increasingly difficult conditions in the retail industry.
Premier Investments buys large stake in Myer
AusBN - Retail group Premier Investments (ASX:PMV) has bought an 11% stake in upmarket department store Myer (ASX:MYR), but has denied claims it will lodge a takeover bid for the retail chain.
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