Asia-Pacific retail news and insights.

Joyce Group reported a 29% jump in net profit to $5.1 million for the first half of 2026, driven by an 11.2% revenue increase to $81.6 million. Normalised EBIT rose 21% to $14.8 million, with margins expanding from 16.6% to 18.2%. The KWB division added locations to reach 30 stores, boosting sales 13.9%, while Bedshed grew its network to 44 stores, delivering a 4.1% revenue rise. The company also announced a leadership transition at KWB ahead of FY26’s end.

Harvey Norman reported half‑year 2026 sales exceeding $5 billion, a 6.9% increase driven largely by its franchise network. After‑tax profit rose 15.2% to $321.9 million as operating expenses fell to 17.8% of revenue. Australian franchisee sales grew 4.8% to $3.5 billion, now representing...

Australia’s Retailer Awards, presented by Inside Retail and Shiperoo, honored leading retailers for excellence in customer experience, store design and loyalty. Priceline secured the CX Innovator of the Year award for firms with over $250 million revenue, while Decjuba won the...

Jennie Yoon founded Kinn after a 2015 theft stole family heirlooms, prompting her to create modern, sustainable fine jewellery. Launching in 2017, the DTC brand differentiates with lab‑grown gemstones, recycled 14k gold, and a "KinnCycle" service that remelts old pieces....

Brotherwolf has opened a flagship studio on Clarendon Street in South Melbourne, converting a 19th‑century bank into a 100‑square‑metre grooming and fashion hub. The new space reflects a decade of learning, shifting from instinctive expansion to deliberate design that blends...

Cettire reported a first‑half fiscal loss of $1.1 million, reversing a $4.7 million profit from the prior year, as US tariff changes and soft luxury demand hit sales. Revenue slipped 2.8% to $382.8 million, while adjusted EBITDA fell 28% to $8.7 million. Excluding the...

Harris Technology, a refurbished‑technology specialist, posted an 18.9% rise in sales revenue to $8.3 million and a 7.1% increase in profit to $2.8 million for the first half of the financial year. Monthly refurbished sales now average $500,000. A strategic shift toward...

Sigma Healthcare reported double‑digit growth in its first‑half fiscal results, driven by the Chemist Warehouse network. Revenue rose 15% to $5.5 billion, normalised EBIT increased 18.7% to $582.9 million, and NPAT grew 19.2% to $392 million. Chemist Warehouse sales jumped 17.2% to $5.1 billion,...

Super Retail Group reported a 4.2% increase in first‑half FY2026 sales to $2.1 billion, but profits fell 19.8% year‑on‑year. The decline was driven by peak capital‑expenditure spending and aggressive promotional activity at its Rebel sporting‑goods chain, which shaved 20 basis points...

Guy Nappa, co‑owner and COO of Oz Hair & Beauty, has been named the top person in Inside Retail’s 2026 Top 50 People in E‑commerce for the second consecutive year. Nappa rose from a warehouse packer to partner in 2015 and...

Jivaro, an 18‑year‑old executive recruitment firm, focuses exclusively on retail and consumer goods, serving 227 corporate clients across Australia and Europe. Its vertical sourcing model assigns functional specialists to each role, leveraging a 150,000‑plus candidate database and AI‑driven tools. In...

McDonald’s Australia began a trial on February 25 of ten handcrafted beverages across more than 500 restaurants in Victoria and Queensland. The rollout marks the second market to test the company’s new global beverage platform, extending McCafé beyond coffee to include...

H&M has opened a concept store in Seoul’s Seongsu district, turning the space into an experiential retail lab. The three‑level venue showcases curated, locally‑relevant assortments and cultural programming rather than traditional fast‑fashion layouts. By blending fashion with art, community areas...

Accent Group’s net profit after tax plunged 40.5% in the first half of FY2024 despite a 5.7% revenue rise to $810.5 million. Like‑for‑like retail sales grew modestly 0.9% while wholesale jumped 9.4%, but higher operating costs and lease negotiations eroded earnings....

Ssense, the Montreal‑based luxury e‑commerce platform valued at $4 billion in 2021, filed for bankruptcy in August 2025 after US tariff hikes and operational missteps eroded its margins. In February 2026 the Atallah brothers secured court approval to purchase the company’s...
Australian retail conglomerate Winning Group is slated for sale to private equity firm Ellerston Capital, according to sources. The transaction marks a strategic move for Ellerston to expand its portfolio in the retail sector. Deal terms and valuation remain undisclosed.

Japan’s Genki Global Dining Concepts has agreed to acquire Australian sushi chain Sushi Sushi for more than $160 million. The deal aims to accelerate Sushi Sushi’s expansion, leveraging Genki’s portfolio of brands such as Uobei, Genki Sushi and Senryo. The acquisition was announced...

Fabe, the multi‑brand franchisor behind Piccolo Me and Sol Bowl, announced the acquisition of the Bean Bar franchise chain, which operates five stores in South Australia. The deal will integrate Bean Bar into the Piccolo Me network, with former owner...

Australian supermarket chain Woolworths Group is finalising the sale of a shopping‑centre portfolio worth about $300 million to Forest Endeavour, a company controlled by Taiwan’s Lin Family. The transaction covers up to eight east‑coast sites and is part of Woolworths’ strategy...

Australian jeweller Kennedy has agreed to sell its Patek Philippe boutique at Chadstone Shopping Centre to Singapore‑based Cortina Watch. The acquisition expands Cortina's Australian footprint while Kennedy refocuses its portfolio. Deal value was not disclosed.

Australian jewellery retailer Secrets Shhh, after entering administration, has been sold to Dubai‑based Amaar Jewels. Administrators executed binding documents to transfer the business and assets, including over 100 staff and most retail stores, for an undisclosed sum. The acquisition aims...