How Is Myer Navigating Growth and Operational Hurdles After Apparel Brands Acquisition?

middle.news 8:49am on Tuesday 23rd of September, 2025 AEST • Retail Read Story

How Is Myer Navigating Growth and Operational Hurdles After Apparel Brands Acquisition?

8:49am on Tuesday 23rd of September, 2025 AEST Key Points Total sales up 0.5% pro forma, 1.7% growth in 2H25 with Apparel Brands contribution Statutory net loss of $211.2 million due to $213.3 million goodwill impairment National Distribution Centre operational challenges cost $16 million EBIT in FY25 Apparel Brands integration progressing, targeting $30 million annual synergies by 1H FY27 Read Story

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