Colette, The Daily Edited parent Marquee Retail Group collapses into administration Marquee Retail Group said its unplanned downturn in sales from October 2023 to March 2024 was a result of rising inflation and interest rates.
Solomon Lew to demerge Peter Alexander and Smiggle from Premier Investments Retail billionaire Solomon Lew has announced plans to spin off two major brands Peter Alexander and Smiggle from his public company Premier Investments next year, as part of a global expansion strategy.
Online florist Bloomex fined $1 million for fake ratings, misleading discounts Online florist and gift retailer Bloomex has been fined $1 million for making false and misleading representations on its website.
“Unacceptable”: Port dispute results in significant out-of-stocks for retailers Retailers have reported delays and significant out-of-stocks as a result of the ongoing dispute between port operator DP World and the Maritime Union of Australia (MUA).
Emma Sleep to face court over misleading ‘discount’ prices The ACCC also alleged Emma Sleep misled consumers by offering a limited sales campaign whose countdown timers reset itself.
Cost-saving measures see Redbubble lay off 37% of its staff Redbubble group has also suspended its brand awareness project as it no longer delivered a commensurate financial return.
Brilliant Lighting admit to engaging in resale price maintenance Company has admitted to engaging in resale price maintenance and has submitted a court-enforceable undertaking to the Australian Competition & Consumer Commission.
“Unacceptable”: DoorDash to cough up $2 million for breaching spam laws Food delivery platform DoorDash broke Australian spam rules by sending over one million texts and emails to its customers and prospective contractors.
Dell fined $10 million for misleading consumers by “inflating discounts” on monitors Dell Australia admitted during the enforcement proceedings with the ACCC that it had overstated the discount prices of some monitors available in bundle purchases.
