Latest Retail News

MyEco Group is seeking up to $1.5 million through a discounted, non-underwritten share purchase plan to expand council and waste management sales, retail distribution and its eco-home range. The final issue price and amount raised remain uncertain, with the company retaining the option to scale up the offer or pursue a follow-on placement.

Gold Corporation, trading as The Perth Mint (ASX:GCB), reported a record $100.19 million profit before tax for 2025-26 and recommended its largest-ever dividend to the Western Australian Government. The result was powered by extraordinary precious-metals demand and prices, but the company’s own budget points to a much leaner year ahead.

Michael Hill International has returned to profit growth and restored its dividend after a year of sharper execution, brand simplification and stronger cash generation. Record revenue and a 57% rise in comparable EBIT mark a meaningful recovery, although the reset remains unfinished.

Biome Australia Limited (ASX:BIO) delivered its second consecutive profitable year in FY26, with revenue rising 30% to $23.9 million and operating cash flow turning positive. But the headline $3.6 million profit includes a $2.4 million deferred tax benefit, leaving FY27 execution as the real test of the company’s growth plan.

Helloworld Travel has agreed to acquire Crown Currency Exchange for $135 million, adding 68 Australian stores and an FY26 underlying EBITDA stream of $22 million. The transaction expands Helloworld’s retail footprint but will also introduce a mix of NAB debt, vendor financing and a share placement.

icetana AI has signed a five-year, $675,480 plus GST Antara Core contract with Millennium Services Group for deployment to one of Australia’s largest retail property groups. The deal is the third Antara Core sale in three months and is expected to add $135,096 to annual recurring revenue from 1 November 2026.

Globe International increased FY2026 EBIT and net profit despite almost no revenue growth, as a tighter brand portfolio improved margins across all three regions. The ASX-listed group also lifted its fully franked annual dividend to 23 cents per share and ended the year with A$26.7 million in cash.

Frasers Group has given shareholders four more months to accept its on-market takeover offer for Accent Group, extending the deadline to 29 January 2027. The offer price and all other terms remain unchanged.

Janus Henderson Global Sustainable Equity Fund increased net assets to A$56.4 million in the year to 30 June 2026, but operating profit fell to A$3.7 million as investment gains more than halved. Distributions rose sharply, while the fund’s parent changed hands at year-end without a material reported impact.

Bannerman Energy has opened a non-underwritten share purchase plan targeting approximately A$10 million to support construction and working capital at its Etango uranium project in Namibia. The offer gives eligible Australian and New Zealand shareholders access to the same A$4.00 issue price as the company’s A$124 million institutional placement.

Perpetual Diversified Income Fund lifted operating profit 38% to $169.9 million and grew net assets to $3.255 billion in the year to 30 June 2026. The fund also launched its Class E Active ETF, ASX:DIFF, while KPMG issued an unqualified audit opinion.

MA Financial has agreed to buy a 50% interest in Melbourne’s The Glen Shopping Centre for $327.5 million while launching a fund targeting more than $500 million of large format retail assets. The transactions lift its retail property activity in the second half of 2026 to $500 million.