The next step for Australian apparel
It’s been a tumultuous start to the year for Australia’s apparel and accessories retailers. A December period marred by heavy discounting has left analysts muted on the upcoming earnings season and hopes that the string of insolvencies witnessed last year may abate have been dashed by news that David Lawrence and Marcs are in the hands of administrators.
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Resentment toward the ‘negotiation’ of retail lease renewals by tenants has been simmering for a long period of time https://t.co/uq276nD9I84 hours ago