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BREAKING: Australian Fashion Labels Acquired by Private Investors

Australian Fashion Labels has been acquired by a group of private investors, the company has shared.

Power Retail By Power Retail | 04 Mar 2021
MYER Pushes Online Offering as Total Sales Slip

Myer is reporting strong online sales growth, despite total sales dropping by 13.1 percent in its HY results for FY21. 

Power Retail By Power Retail | 04 Mar 2021
Power Retail Sparks: Weekly Global News Round Up

Online re-sale platform, Vestiaire Collective, receives hefty investment from Kering and Russian e-commerce retailer, Wildberries, is expanding across Europe. Stay tuned as we round up the global e-commerce news that happened this week.

Power Retail By Power Retail | 02 Mar 2021
Inside Kogan's Milestone Crushing Start to 2021

Kogan has hit a new milestone of reaching three million active customers and increases its Gross Sales to over $300 million in the first half of FY21. 

Power Retail By Power Retail | 26 Feb 2021
Consumer Confidence Dips 0.7 Points, Roy Morgan Reports

Australian Consumer Confidence has dropped 0.7 points as Victoria comes out of its third lockdown, reported Roy Morgan. 

Power Retail By Power Retail | 25 Feb 2021
Adore Beauty Smashes Prospectus Forecast in Half Year Report

Adore Beauty has reported a record-smashing first half and is now ahead of its prospectus forecast.

Power Retail By Power Retail | 24 Feb 2021
MyDeal Finds its 'Sweet Spot' in H1 FY21

MyDeal.com.au Limited (ASX:MYD) is reporting strong growth in its H1 FY21 results, with increases across gross sales, profit, revenue and active customers. This follows its successful IPO in October 2020. 

Power Retail By Power Retail | 23 Feb 2021
Is Aldi Finally Going Online?

Is Aldi finally taking the plunge into e-commerce? According to reports, the German supermarket giant is planning its first steps towards selling online.

Power Retail By Power Retail | 23 Feb 2021
Power Retail Sparks | Weekly News Roundup

Welcome to Power Retail Sparks, a roundup of the global e-commerce news that happened this week. We will update the news stories as they happen. Stay tuned.

Power Retail By Power Retail | 22 Feb 2021
Booktopia Reports Stellar Growth in HY21

Booktopia had a huge Christmas last year and is continuing to flourish, according to its HY21 results, only a few months after launching on the ASX.

Power Retail By Power Retail | 22 Feb 2021
Poshmark Enters Australian Market

Poshmark has just landed Down Under, only weeks after listing on NASDAQ. This is the first expansion for the company outside of North America.

Power Retail By Power Retail | 19 Feb 2021
Aus Retail Sales Increase 0.6 Percent in January

Australian retail turnover has lifted 0.6 percent in January, according to the preliminary figures released by the Australian Bureau of Statistics. 

Power Retail By Power Retail | 19 Feb 2021
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