Myer news and archive

Gap enters Australian market through partnership with Fashionata

Gap Covent Garden store. Credits: Gap. US apparel giant Gap Inc. has secured a strategic partnership with Australian clothing group Fashionata to introduce the Gap brand to the Australian market. The agreement involves a multi-channel rollout strategy comprising physical retail locations and digital platforms. This expansion reflects the...

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Myer reports 24.45 percent sales increase following brand integration

Australian department store Myer Holding Limited has released its financial results for the first half of 2026, a period ended January 24, 2026. The group reported total sales of 2,279.50 million Australian dollars (1,586.10 million dollars), representing a 24.45 percent increase compared to the prior corresponding period. This significant...

Fashion

Myer to present Topshop runway at PayPal Melbourne Fashion Festival

Australian department store Myer has announced it will host a dedicated runway show for Topshop as part of the PayPal Melbourne Fashion Festival (PMFF). The event is scheduled for the evening of February 26, 2026, marking the first time the British brand will hold a standalone catwalk presentation in Australia. The showcase follows the recent...

Retail

Australian retailer Myer to launch Rihanna’s Fenty Beauty brands

Australian department store Myer has announced an exclusive partnership to stock Fenty Beauty, Fenty Skin, and Fenty Eau de Parfum across its national store network and digital platform. The agreement, which commences in May, represents a significant addition to the retailer’s beauty portfolio and includes the exclusive Australian brick and...

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Myer Group FY25: Sales up, profitability impacted

Myer Group, in its first period as a combined entity with Apparel Brands, has reported its financial results for fiscal year 2025. The company achieved a 0.5 percent growth in total sales to 3,673.8 million Australian dollars for the year on a pro forma basis, with a 1.7 percent growth in the second half. Profitability was impacted by soft...

People

Jacquie Naylor to retire from Myer board

Australian department store Myer Holdings announced that Jacquie Naylor, an independent non-executive director, will retire from the board on June 23, 2025, after six years of service. Naylor initially joined the board in May 2019. Myer executive chair Olivia Wirth acknowledged Naylor's contributions, stating, "On behalf of the Board, I would...

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Myer reports mixed results: Core sales up, Apparel Brands down

Australian department store chain Myer released a preliminary unaudited trading update for the first 16 weeks of the second half of the 2025 financial year, revealing a mixed performance across its divisions. The core Myer business demonstrated resilience with total sales reaching 837.2 million Australian dollars, a 1.9% increase compared to the...

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Australian retailer Myer forecasts challenging outlook

Australian department store Myer reported lower earnings for the first half period due to logistical issues at its Victorian distribution centre and strategic review costs, forecasting a challenging outlook amid weak economic conditions. The company recorded a marginal sales increase of 0.1 percent to 1.83 billion Australian dollars for the...

People

Myer announces key leadership appointments following Apparel Brands merger

Following its merger with Apparel Brands, Australian department store chain Myer has announced key leadership appointments. Kathy Karabatsas will assume the role of group chief financial officer on March 14, 2025, succeeding Matt Jackman, who departs after eight years to explore new ventures. Karabatsas brings extensive experience from senior...

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Australia’s Myer and Premier Investments receive shareholder backing for merger

Australian department store Myer has received shareholder backing for its proposed merger with the Apparel Brands subsidiary of Premier Investments Limited. In a general meeting held by the company, 95.45 percent of shareholders voted in favour of the proposal. Upon announcing the results of the meeting, Myer executive chair, Olivia Wirth, said...

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Business

Myer posts marginal drop in year-to-date sales

In a preliminary trading update, Myer said that year to date comparable sales were in line with the prior year, while total sales were approximately 1,592 million Australian dollars, down 0.8 percent. The company said in a statement that the sales were affected by the temporary closure of the Werribee store between February 14 and 29 November...

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Management

Myer to acquire Premier’s Apparel Brands business

Australian retailer Myer is all set to acquire Premier’s Apparel Brands business in Australia and New Zealand consisting of Just Jeans, Jay Jays, Portmans, Dotti and Jacqui E in exchange for the issue of new shares in the company. As part of the agreement, Premier will distribute its existing and new shareholding in Myer to shareholders and...