Colette by Colette to close down 33 stores

Handbag and accessories retailer Colette by Colette Hayman will shut down almost a quarter of its stores in Australia in New Zealand as part of a restructuring plan under its voluntary administration. Deloitte Restructuring Services partners Vaughan Strawbridge, Sam Marsden and J...

Colette by Colette to close down 33 stores
Business News Australia reports on business news, trends, and profiles for Melbourne business owners, executives and entrepreneurs.
Melbourne innovation may prove useful tool in fight against coronavirus
Melbourne innovation may prove useful tool in fight against coronavirus

There are strict rules about releasing pharmaceuticals to market, but Firebrick Pharma has proposed allowing its n...

Back from the brink: SomnoMed CEO's sobering lesson for recovery
Back from the brink: SomnoMed CEO's sobering lesson for recovery

Sleep apnoea treatment company SomnoMed (ASX: SOM) was caught napping in 2018 when an ambitious US direct-to-consu...

How Johnathan Thurston shrunk his power bill by going solar, and how you can too
How Johnathan Thurston shrunk his power bill by going solar, and how you can too

What's your least favourite part of your electricity bill? As we suffer through a very hot summer, it'...

Record sales and profit for Adairs
Record sales and profit for Adairs

Executives at bedding retailer Adairs (ASX: ADH) will get a good night's sleep this evening following the rele...

Vulcan makes zero carbon transportation possible
Vulcan makes zero carbon transportation possible

A global shift in capital allocations is underway. Trillions of dollars are flowing into sustainable or green ...

iSignthis cosies up to NSX with goals to create 'Australian NASDAQ'
iSignthis cosies up to NSX with goals to create 'Australian NASDAQ'

Payment identity verifier iSignthis (ASX: ISX) may have an acrimonious relationship with the ASX, but its ties to ...

Coronavirus a $100m problem for Qantas
Coronavirus a $100m problem for Qantas

Leading Australian flight operator Qantas (ASX: QAN) has decided to temporarily reduce flights across Asia as dema...

Webjet rises on WebBeds but coronavirus looms large
Webjet rises on WebBeds but coronavirus looms large

Were it not for the outbreak of the coronavirus Covid-19, Webjet (ASX: WEB) would be in a primo position to lift F...

1300 Smiles thought risk was too great to acquire Smiles Inclusive
1300 Smiles thought risk was too great to acquire Smiles Inclusive

A major Australian dental company has revealed it had looked into a possible takeover of struggling operator Smile...

Wesfarmers admits to underpaying Target employees
Wesfarmers admits to underpaying Target employees

Yet another Australian retailer has underpaid its staff with Wesfarmers confessing today that employees at Target ...

EML Payments profit climbs 70 per cent
EML Payments profit climbs 70 per cent

Prepaid card solutions provider EML Payments (ASX: EML) saw its profit rise to $16 million in the first half of FY...

Wesfarmers to sell $1.1 billion in Coles shares
Wesfarmers to sell $1.1 billion in Coles shares

Wesfarmers (ASX: WES) is cashing in on the phenomenal rise of retailer Coles Group (ASX:COL) since it demerge...

$20m staff underpayment casts shadow over Coles results
$20m staff underpayment casts shadow over Coles results

Update: Since this story was published, Coles' former parent company Wesfarmers has announced it will sell aro...

Bod hits the ground running in 2020
Bod hits the ground running in 2020

Medicinal cannabis producer Bod (ASX: BDA) is off to a strong start in 2020, reporting January as its third-larges...

Companies

How Johnathan Thurston shrunk his power bill by going solar, and how you can too
How Johnathan Thurston shrunk his power bill by going solar, and how you can too

What's your least favourite part of your electricity bill? As we suffer through a very hot summer, it'...

Property

Profits more than triple as Centuria snaps up property
Profits more than triple as Centuria snaps up property

Property investment manager Centuria (ASX: CNI) witnessed significant growth in 1H20 on the back of major acquisit...

Opinion

Fear spreads easily. That's what gives the Wuhan coronavirus economic impact
Fear spreads easily. That's what gives the Wuhan coronavirus economic impact

One way to count the cost of the Wuhan coronavirus is by how many people catch it, and then how many die. Another ...

Leadership

oOh!media founder and CEO to step down after 30 years
oOh!media founder and CEO to step down after 30 years

The founder of oOh!media (ASX: OML) Brendon Cook has announced his intention to step down from his role of managin...

Entrepreneurship

Could this startup's drone technology revive bushfire-ravaged Australia?
Could this startup's drone technology revive bushfire-ravaged Australia?

From creating hyper-detailed maps to delivering burritos and online shopping orders, companies are finding myriad ...

Technology

How Roots' ag-tech solution could help alleviate malnutrition
How Roots' ag-tech solution could help alleviate malnutrition

There is little doubt that fluctuating temperatures and inconsistent rainfall are having a negative impact on crop...

Court gives green light to $15 billion TPG-Vodafone merger
Court gives green light to $15 billion TPG-Vodafone merger

Australia's competition watchdog laments the loss of a "once-in-a-generation opportunity" for m...

Finance

Zip Co to raise $60 million for global expansion and SME business
Zip Co to raise $60 million for global expansion and SME business

Buy-now-pay-later (BNPL) company Zip Co (ASX: Z1P) entered a trading halt this morning before announcing a $60 mil...

Marketing

Struggling Adcorp to bid adieu to the ASX
Struggling Adcorp to bid adieu to the ASX

The ad agency has long been propped up by majority shareholder and chairman Ian Rodwell, but soon it will fre...

Executive Lifestyle

Photo Auction to take emerging Australian artists to the world
Photo Auction to take emerging Australian artists to the world

With its launch into Australia last November, Photo Auction hoped to add yet another market to its fast-growing fo...

Conference And Events

The top spots for hosting an unforgettable Christmas
The top spots for hosting an unforgettable Christmas

Your staff have worked hard all year and deserve to party! Want to know how you can make their Christmas unforgett...

Video

Adelaide robo-welders K-TIG list on the ASX
Adelaide robo-welders K-TIG list on the ASX

Following an oversubscribed $7 million capital raise Adelaide-based disruptors K-TIG have listed on the ASX under ...

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