LVMH-owned DFS says it will exit the Oceania market after a review of its global store network.
High-end retail is reporting a bumpy performance, but insiders say the Asia-Pacific region remains a key focus area.
Financial statements showed domestic operations plunged from a $321,000 profit to a $4.2m loss.
Cashmere retailer Elle + Riley is expanding into the US despite market wobbles.
A draft report on the Grocery Supply Code finds Foodstuffs and Woolworths receive subsidies from their suppliers of more than $5b a year.
Annual profit for the local alcohol giant fell more than 73%.
Skincare brand LoveSkin was acquired for more than $199,000.
Wittner and Jeanswest join the Noni B and Rivers brands in the hands of administrators.
The first liquidator's report shows the retailer recorded multiple years of trading losses.
Incoming Swedish retailer expected to grab market share from existing players such as Briscoes, says Forsyth Barr.