Australian Retail: Why So Many Fashion Brands Have Collapsed

by MR Magazine Staff

A cascade of Australian fashion brands have shut up shop in recent times. The BBC’s Frances Mao looks at why the nation’s retailers are struggling. At first they would blame the weather for keeping customers away. It was just one of the excuses staff would fall back on at the Roger David menswear store in Perth, Australia. They would say it was rainy, so customers weren’t out and about. Or too sunny, so people didn’t want to be inside, says former store manager Cory Littke. But the signs of stress were there. Sale promotions stretched on for months, and the books told a clear story. “We were losing up to 60 customers a week,” says Mr Littke. Read more at BBC News.