Apparel Brands Limited news and archive

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...

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True Capital snaps up Bench and Nicce owner, Apparel Brands

Apparel Brands Limited (ABL), the owner of brands Nicce and Bench, has received a strategic investment from a London-based investment and innovation firm as it looks to amp up its operations. True Capital has snapped up significant control of the UK-headquartered business, which specialises in both the sourcing, design and distribution of...

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Gordon Brothers sells Bench to Apparel Brands Limited

US investor Gordon Brothers sold British streetwear brand Bench to fashion company Apparel Brands Limited. Wraith, an affiliate of Apparel Brands, bought the brand for an undisclosed amount. Apparel Brands Limited, currently one of Bench’s primary European licensees, has evolved into “the natural owner” of the brand, according to a statement by...