Type | Public |
---|---|
ASX: CDO | |
Industry | Retail clothing |
Founded | 1864 |
Defunct | 2011 |
Headquarters | , Australia |
Products | Clothing, shoes |
Parent | Affinity Equity Partners |
Website | www.coloradogroup.com.au |
Colorado Group Limited was an Australian public company that operates a number of retail clothing chains. Major brands include Colorado Adventurewear, Mathers, Williams the Shoemen, JAG, Diana Ferrari, and Pairs. The company is based in Brisbane, Queensland with an office in Cremorne, Victoria. The history of the company dates back over 140 years to the 1864 founding of Williams in Ballarat, Victoria. [1]
Colorado Group Limited was delisted from the Australian Securities Exchange on 15 August 2007 following the issue by ARH Investments of compulsory acquisition notices on 3 July 2007. [2]
As of June 2011 [update] Colorado had 434 stores in Australia and New Zealand, and employed 3,800 people. It owed around A$400 million to 18 financiers. [3]
The Colorado clothing retail group went into receivership on 30 March 2011. [4] Insolvency accounting specialists Ferrier Hodgson were placed in charge of the group. [5] Colorado was owned by Affinity Equity Partners. [5] In 2011, the company became known as Fusion Retail Brands.
In June 2011 it was announced that the clothing chain was to "shut its doors" at the cost of 1,042 jobs. [5] In Australia, 100 underperforming Colorado stores shut, 21 Williams stores, 7 Mathers stores, 2 JAG stores and one Diana Ferrari store. [3] In New South Wales 42 stores closed, and in Victoria 27 closed. [5] 9 Colorado Stores in New Zealand also closed. [3]
Colorado ceased selling its clothing lines, returning to its beginning as a shoe brand which were sold through the company's Mathers and Williams the Shoemen stores, and online. [5] In September 2013, the JAG brand was sold to Apparel Group. [6]
In 2014, Couper Finance purchased Fusion Retail Brands, [7] then, in 2017, the Munro Footwear Group purchased Fusion Retail Brands from Couper Finance. [8]
Quiksilver is a brand of surf-inspired apparel and accessories that was founded in 1969 in Torquay, Victoria, but is now based in Huntington Beach, California. It is one of the world's largest brands of surfwear and boardsport-related equipment. The parent company changed its name in March 2017 from Quiksilver, Inc. to Boardriders, Inc., and is the owner of the brands Quiksilver, Roxy and DC Shoes. In 2018, Boardriders acquired Billabong International Limited, gaining the Billabong, Element, Von Zipper, RVCA and XCEL brands.
Country Road is a middle market clothing retailer with operations in Australia, New Zealand and South Africa. It is a subsidiary of Woolworths Holdings Limited. As of 2023 its brands include Country Road, Mimco, Trenery, Politix, and Witchery.
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Payless is an international discount footwear chain. Established in 1956 by cousins Louis and Shaol Pozez, Payless was a privately held company owned by Blum Capital, and Golden Gate Capital. In 1961, it became a public company as the Volume Shoe Corporation which merged with The May Department Stores Company in 1979. In the 1980s, Payless was widely known in the U.S. for its Pro Wings line of discount sneakers, which often had Velcro straps instead of laces. In 1996, Payless became an independent publicly held company. In 2004, Payless announced it would exit the Parade chain and would close 100 Payless Shoe outlets. On August 17, 2007, the company acquired the Stride Rite Corporation and changed its name to Collective Brands, Inc. The company had a total revenue for 2011 of US$ 3.4 billion. The company also has a stunt premium banner, Palessi Shoes. Payless is currently owned by a group of investors led by Alden Global Capital and Axar Capital Management.
Target Australia Pty Ltd is a department store chain owned by Australian retail conglomerate Wesfarmers. Target stocks clothing, cosmetics, homewares, electronics, books, and toys selling both in-store and online. The company's head office is located in the Melbourne suburb of Williams Landing and opened in 2018. Despite the identical logo, name and similar type of outlets, Target Australia carries no direct relation or affiliation to the American big box retailer Target Corporation.
PVH Corp., formerly known as the Phillips-Van Heusen Corporation, is an American clothing company which owns brands such as Tommy Hilfiger, Calvin Klein, Warner's, Olga and True & Co. The company also licenses brands such as Kenneth Cole New York and Michael Kors. PVH is partly named after Dutch immigrant John Manning van Heusen, who in 1910 invented a new process that fused cloth on a curve.
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Le Château Inc. is a fashion company, currently owned by Suzy's Inc. The chain was founded in 1959 in Montreal, Quebec, Canada and designed, imported, and retailed women's and men's apparel, accessories, and footwear. In 2015, the company generated sales of about CA$237 million. The company operates in 57 Suzy Shier stores, before bankruptcy, they sold directly to customers from 123 retail stores in Canada and 5 in the UAE and Saudi Arabia.
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Hanes Australasia, formerly Pacific Brands, is an Australian consumer products company. It a business unit of the American company Hanesbrands.
Republic was a clothing retailer with 121 stores in the United Kingdom. In February 2013, it entered administration, and was purchased by Sports Direct. Republic was merged into Sports Direct's USC brand.
Hanesbrands Inc. is an American multinational clothing company based in Winston-Salem, North Carolina. It employs 65,300 people internationally. On September 6, 2006, the company and several brands were spun off by the Sara Lee Corporation.
Edcon Limited was a retail company based in Johannesburg, South Africa. Its subsidiaries included Edgars, a department store with 203 branches. In 2020, the Competition Tribunal approved the sale of the Edgars division to Retailability (pty) Ltd, and Jet to The Foschini Group.
Nine West, also known as 9 West, is an American online fashion retailer which is based in White Plains, New York. It was founded in 1983 and closed its brick and mortar stores business in 2018. Its products continue to be sold at other retailers.
Gazal Corporation Limited was a leading Australian branded clothing company and was a listed public company of the Australian Stock Exchange. The company was based in Banksmeadow in the Australian state of New South Wales. Its main business areas were men's, ladies' and children's clothing, and it and its subsidiaries are engaged in the design, manufacture, importation, wholesale and retail of clothing and accessories including business shirts, school wear, surf and casual wear, as well as intimate apparel. The company owned brands such as Mambo Graphics, Davenport and Bisley Workwear and imports brands such as Nautica, Calvin Klein Underwear and held the license for Oroton underwear. The Company had operations in Australasia and Europe. Mambo was sold to Saban Brands in 2015.
Pepkor is a South African-based investment and holding company focused on the discount and value consumer retail and fintech markets. The majority of operations are in South Africa, and operations extend to other African countries and Brazil. It manages retail brands, selling predominantly clothing, footwear, and homeware products, in addition to household furniture, appliances, consumer electronics, and building materials.
JAG is an Australian women's and men's clothing brand sold throughout Australia, including freestanding, concession stores, and online. JAG was founded in 1972 on Chapel Street in Melbourne by Adele Palmer.
Accent Group is an Australian and New Zealand footwear and clothing retail, wholesaling and distribution company. It has more than 700 retail stores, along with 19 brands, and more than 20 online platforms.
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