The boss of the listed retailer also described Victoria as the ‘most disruptive’ Australian market for retailers.
The French-owned make-up giant reported its 2023 financials.
Financial statements for the pet retailer co-owned by Woolworths showed an 86% decline in profit.
Warehouse Group interim chief executive John Journee last week said it could compete with Kmart.
‘The market has undoubtedly spoken, and the clock is ticking fast on this iconic company’s fortunes,’ one shareholder noted.
Concurrent retail conferences offer an insight into what consumers are looking for and the future of retail design.
The company continues to absorb hefty IT bills, costed at $146.1 million over the past three years.
The company has signed a 12-month exclusive partnership with The Vitamin Shoppe.
Rip Curl boss Brooke Farris has quit two weeks after KMD Brands CEO Michael Daly announced his departure.
Nasdaq-listed technology company competes with Uber for market share in New Zealand, as smaller competitors exit market.