Latest Consumer Retail News

Stealth Group Holdings has posted record FY26 results with an 86% jump in net profit, driven by the transformative acquisition of Hardware & Building Traders. The company upgrades its FY28 sales target to $500 million, underpinned by expanded scale and integration synergies.

Wellnex Life has agreed to sell its Pain Away brand to Mentholatum Australasia for up to A$21.3 million, aiming to wipe out debt and sharpen its strategic focus.

The ACCC has initiated Federal Court proceedings against Dusk Group's subsidiary, alleging supply of button battery products without completed safety testing and breaches of prior undertakings.

InvestSMART Group Limited (ASX:INV) has agreed to sell its Intelligent Investor business and management rights to four ETFs to Teaminvest Private Group Limited (ASX:TIP) for $16 million, aiming to sharpen its focus on digital advice and wealth platforms.

Aumake Limited has raised $1.5 million through a share placement to strengthen inventory and expand its footprint in China, signaling renewed growth ambitions under a refreshed board.

HITIQ Limited is set to introduce its PROTEQT™ concussion management system through rebel, Australia's largest sporting goods retailer, marking a strategic entry into mainstream consumer retail channels starting January 2026.

Universal Store Holdings reported a robust FY25 with 15.5% revenue growth to $333.3 million, driven by strong like-for-like sales and new store openings. Despite a goodwill impairment in its CTC segment, the group declared a solid final dividend and advanced its sustainability agenda.

The Calmer Co. International Limited has reported a striking 86% revenue jump to over AU$8 million in FY25, propelled by diversified sales channels and a strategic US expansion highlighted by new flavoured kava shots launched exclusively on Amazon USA.

Endeavour Group has appointed Jayne Hrdlicka as its new Managing Director and CEO, set to begin in January 2026, signaling a strategic push for growth and transformation under seasoned leadership.