Country Road to restructure after ‘disappointing’ results
The group’s five retail brands will go through a ‘fix and reposition’ exercise.
Australasian sales are down 11% in the first eight weeks of the 2025 financial year.
Fashion brands Country Road, Politix, Witchery, Mimco, and Trenery can expect restructuring and job cuts on both side of the Tasman after a weak performance in the annual profit results of South African parent company Woolworths Holdings.
Woolworths’ chief executive Roy Bagattini pinpointed the
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