Pacific Brands Limited

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Top company strategic reviews of 2014

Macro factors, particularly in the US and Europe, have created a somewhat challenging environment for retailers in 2014. Many succumbed to h...

Pacific Brands review may drive more divestment

Clothing and footwear business Pacific Brands has said it will consider selling more of its brands as it continues to find ways to drive a b...


Who has signed the Bangladesh safety accord?

Katie Smith | 22 Jun 2015

More than 200 companies have now signed the Accord on Fire and Building Safety in Bangladesh following the collapse of the Rana Plaza factory building in Dhaka, which killed more than 1,100 people in 2013.


Pacific Brands faces rocky road to recovery

Petah Marian | 24 Aug 2012

Troubled Australian clothing maker Pacific Brands is in the midst of a multi-year transformation programme that has now claimed its CEO, Sue Morphet, who announced plans to step down as the group saw full-year losses widen. With former Foster's boss John Pollaers set to take the helm, just-style considers the challenges facing the company.


Global e-tailers lead the charge in Australia

Euromonitor International | 26 Apr 2012

In the second of a two-part series, Euromonitor International analyst Bettina Kurnik identifies the appeal of offshore e-tailers over their Australian counterparts, and reviews the way forward for local apparel specialist retailers.

Latest News

Charges push Pacific Brands to H1 loss

Richard Woodard | 17 Feb 2015

Australian apparel group Pacific Brands slid to a first half loss thanks to impairment charges of A$138.5m, incurred due to a change of approach and currency depreciation.


Pacific Brands divests brand and workwear units

Katie Smith | 1 Dec 2014

Australian retailer Pacific Brands has completed its divestments of the Brand Collective and Workwear businesses.


Green light for Wesfarmers' Pacific workwear deal

Michelle Russell | 24 Nov 2014

Australia's competition regulator has given the green light to Wesfarmers' takeover of Pacific Brands workwear division.


Pacific Brands divests Brand Collective for AUD39m

Katie Smith | 18 Nov 2014

Australian retailer Pacific Brands is to split and sell off its loss-making Brand Collective apparel and footwear business for AUD39m (US$34m).


Pacific Brands in talks to sell footwear business

Katie Smith | 17 Nov 2014

Australian clothing and footwear retailer Pacific Brands has confirmed it is in discussions on a potential sale of its Brand Collective shoe business.


Pacific Brands makes loss and divests workwear

Michelle Russell | 26 Aug 2014

Pacific Brands has moved to a net loss in its full-year and announced the divestment of its workwear business in a deal worth AUD180m.


Target Australia discloses Bangladesh suppliers

Richard Woodard | 13 Aug 2014

Retailer Target Australia has disclosed the locations of its supplier factories in Bangladesh – a move welcomed by charity Oxfam.


Pacific Brands boss Pollaers steps down

Katie Smith | 16 Jul 2014

Pacific Brands CEO and managing director John Pollaers has stepped down amid differences over the strategic direction of the clothing and footwear business.


Pacific Brands issues FY profit warning

Richard Woodard | 10 Jun 2014

Clothing and footwear business Pacific Brands has lowered its full-year earnings forecast by more than 10% thanks to “challenging” market conditions.


Pacific Brands swings to $219m H1 loss

Leonie Barrie | 18 Feb 2014

Australian clothing and footwear group Pacific Brands has booked its first rise in reported sales in five years, but swung to a net loss on write-downs linked to its struggling workwear division.


Kmart, Target to reveal supplier factory locations

Michelle Russell | 23 Dec 2013

The decision by Australian retailers Kmart and Target Corp to reveal the location of their supplier factories in Bangladesh has been described by Oxfam as a ''watershed moment'' for the country's retailers.


Oxfam Australia urges retailers to sign accord

Leonie Barrie | 3 Dec 2013

Australian clothing brands and retailers are being urged to take more responsibility for their supplier factories in Bangladesh as part of a campaign by Oxfam in the run-up to Christmas.


Pacific Brands issues profit warning

Katie Smith | 24 Oct 2013

Australian clothing group Pacific Brands has issued a full-year profit warning, citing difficult trading conditions and a downturn in the workwear market.


Pacific Brands swings to full-year profit

Petah Marian | 22 Aug 2013

Australian clothing group Pacific Brands has swung to a full year profit, driven by sales growth in its underwear division.


Pacific Brands CEO unveils turnaround plan

Petah Marian | 19 Jun 2013

The CEO of ailing Australian clothing and footwear company Pacific Brands has revealed a five-year plan to try to turnaround the company.


Pacific Brands swings to first half net profit

Petah Marian | 18 Feb 2013

Australian clothing company Pacific Brands swung to a first half net profit despite seeing sales decline over the period.


Pacific Brands sales continue to fall

Petah Marian | 23 Oct 2012

The new CEO of Australian clothing and footwear company Pacific Brands has admitted that group underlying sales have continued to fall since the end of the company's financial year.


Pacific Brands CEO steps down as losses widen

Petah Marian | 22 Aug 2012

Australian clothing and footwear company Pacific Brands has announced that CEO Sue Morphet will step down after the company booked wider full-year net losses.


Pacific Brands sells Wentworthville site

Petah Marian | 14 Aug 2012

Australian clothing company Pacific Brands has agreed to sell underwear brand Bonds' freehold property in Wentworthville, New South Wales.


Pacific Brands pays down $25m debt

Petah Marian | 2 Jul 2012

Troubled Australian apparel and footwear group Pacific Brands has cut its debt by A$25m due to stronger cash flow and the sale of two surplus properties.


Pacific Brands appoints Bush as chairman

Petah Marian | 1 Jun 2012

Pacific Brands' chairman James MacKenzie has decided to step down from his role at the Australian apparel manufacturer.


Pacific Brands abandons takeover talks

Richard Woodard | 15 May 2012

Apparel and footwear business Pacific Brands has abandoned talks over a possible sale of the company, and warned that earnings will be “materially down” for the rest of the fiscal year.


Private equity firms circle Billabong

Petah Marian | 29 Feb 2012

Private equity firms Blackstone and KKR are considering joining the bidding race to acquire Australian surfwear company Billabong, according to reports.


Pacific Brands first-half losses deepen

Petah Marian | 17 Feb 2012

Australia's Pacific Brands has seen its first-half losses deepen and said that the outlook for the remainder of the year remains "challenging".


KKR and Pacific Brands talks stall - reports

Petah Marian | 25 Jan 2012

Talks between Australian clothing manufacturer Pacific Brands and private-equity firm KKR appear to have stalled, with neither side in any hurry to make a deal, according to reports.

Latest blogs

China takes a tougher stance on CSR

Leonie Barrie | 20 Oct 2014

Experts on China's textile and apparel industry say that international brands must take increasing care to ensure their sourcing is environmentally and socially responsible, ahead of an anticipated tightening of government restrictions.

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