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1.Market Observations, 8.Was Sticky

11 Feb 2017 (AFR) – RAG, Premier, RCG among local retailers not succumbing to retail fashion crisis

(11 February 2017, AFR, p18, by Larry Schlesinger)

‘There may be blood on the streets of Australia’s retail sector, but it hasn’t dented the confidence of Gary Novis, CEO of the Retail Apparel Group. While a host of prominent Australian retail brands have collapsed recently, including high-end menswear chains Herringbone and Rhodes & Beckett this week, RAG is embarking on a major expansion drive this year which will take its network of Tarocash, yd., Connor, Johnny Bigg and Rockwear stores to over 400.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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