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Showing 31 - 40 of 7773 results for "retail"

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... is more pain ahead, and the path is edging closer to a hard landing. The deteriorating state of the consumer, flatlining retail sales and falling company cashflows are the biggest risks to the downside," Birtles said. He also noted that with 1.5% annual ...

Luxury fashion house sued over Birkin bag sales

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
Hermes is facing an antitrust class action which alleges it only allows customers with "sufficient purchase history" to buy the infamous Birkin handbags. The French luxury fashion house is being sued in California in a case that claims sales associated ...

Industry funds set to gobble up over 50% of superannuation assets

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
... more than 50% of all superannuation assets, as per Deloitte's Dynamics of the Australian Superannuation System report. Retail funds are anticipated to grow in the future, thanks to their existing scale, a wealthier demographic base, and the ability ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... cover by default. A couple of days earlier a class action was filed against IC Markets for consumer harm caused by offering retail investors the ability to trade CFDs. In October 2023, a class action was filed against BT Funds Management as trustee of ...

Markets, economies benefit from eustress: ABDO

KARREN VERGARA  |  WEDNESDAY, 20 MAR 2024
... years, it is no surprise that consumer sentiment has plummeted to new lows. Consumer confidence, particularly data from retail sales, is still in negative territory and sits at a low not seen since the 1990s recession, Paton said. "Don't expect to ...

AMP upgrades North investment platform

ANDREW MCKEAN  |  THURSDAY, 14 MAR 2024
... for switches. As of February 28, North's managed portfolios have surpassed $14 billion, growing 66% year-over-year. Its retail menu includes 112 portfolios from 19 investment managers, this includes the addition of a new Australian diversified fixed ...

Bitcoin hits fresh high as investors await halving event

ELIZA BAVIN  |  WEDNESDAY, 13 MAR 2024
... potential," Rose said. The Bitcoin price surge saw many of those Bitcoin ETFs setting all time daily volume records as new retail and institutional investors gain exposure to Bitcoin trading without owning the asset directly. "With the introduction of ...

MetLife chair Geoff Brunsdon retires after 13 years

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... years. During his tenure, Brunsdon chaired the organisation through major developments including the launch of MetLife's Retail business in 2018, the launch of a new business strategy in 2020 and navigating the impact of COVID-19. "Geoff has been an ...

ASX-listed companies flock to private markets

ANDREW MCKEAN  |  FRIDAY, 8 MAR 2024
... democratised within the Australian market, with many companies creating avenues for wholesale investors, advised clients and even retail investors to buy into these assets," Donnelly added. Notably, EQT launched EQT Nexus in Australia in September 2023 ...

Coalition appoints shadow assistant treasurer, financial services minister

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... Australians are currently experiencing under the government's cost of living crisis. Luke will bring his strong command of retail economics to this important role," Dutton said. Financial Advice Association Australia (FAAA) chief executive Sarah Abood ...