End-of-financial-year specials failed to maintain May's positive tone on new car sales for Western Australia, with numbers for June down 5.5 per cent as the financial year ended with a whimper.
Fifty years after Ronald and Valerie Frank started a camera repair business from their home, their two sons oversee a fast-growing business that combines a new bricks-and-mortar store with an expanding online presence.
The Perth-based distributor of the Thermomix kitchen appliances in Australia is being taken to court by the consumer watchdog for allegedly misleading customers when the products were found to be dangerously faulty.
New car sales in Western Australia grew on a monthly basis for the first time in four years in May, but the upswing still falls well short of the slide in sales for the year to date.
Finance director Terry Bowen will become the third top Wesfarmers executive to retire from the Perth-based conglomerate in the space of 12 months, with the group announcing three senior appointments along with details of incoming managing director Rob Scott’s remuneration package.
Perth-based Automotive Holdings Group will incur a $35 million write-down hit from the closure of some of its underperforming businesses, in response to the weak market for car retailers combined with recent regulatory changes by the corporate watchdog.
North Fremantle-based fashion label Empire Rose is one of three local brands to have secured deals in China in recent weeks, following the Fashion Council WA’s partnership with its Chinese counterpart.
Logistics and car retailer Automotive Holdings Group has acquired two dealerships in Victoria for $8.5 million plus stock and assets, in the same precinct where it is building a new Jaguar and Land Rover dealership.
Perth retail chain Muscleworx is poised for national expansion after buying its major competitor and securing backing from private equity investor Banksia Capital.
You don’t have to be a retailing expert to sense the sea change under way in shopping, but what you might not appreciate is that the first shots have been fired in what could become one of the great Australian retail mergers, with Myer and David Jones becoming one business.