Myer Holdings reported a 13.8% revenue increase in FY25, boosted by its acquisition of Apparel Brands, yet faced a statutory net loss of $211.2 million due to goodwill impairment. The integration of Apparel Brands is underway, with strategic growth initiatives in motion.
City Chic Collective Limited reported a significant reduction in its FY25 net loss alongside modest revenue growth, setting the stage for a potential turnaround in FY26 backed by cost savings and a clean debt facility.