Merino & Co. has secured a significant distribution agreement with a Shanghai-based omni-channel partner, committing to annual sales of approximately A$1.5 million and expanding its footprint in China’s luxury fashion market.
Cettire Limited reported nearly unchanged revenue for FY2025 but swung to a net loss of $2.6 million, reversing last year’s profit. The luxury fashion e-commerce company declared no dividends amid declining net tangible assets.
Vicinity Centres reported a robust FY25 with statutory net profit surging to $1 billion, driven by strategic portfolio repositioning and strong retail sales growth. The company’s focus on premium assets and disciplined capital management sets the stage for continued growth in FY26.