Pacific Brands Limited
Pacific Brands CEO and managing director John Pollaers has stepped down amid differences over the strategic direction of the clothing and footwear business.
Clothing and footwear business Pacific Brands has lowered its full-year earnings forecast by more than 10% thanks to “challenging” market conditions.
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.
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.
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.
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