Strandbags

Last updated
Strandbags
Industry Retail
Founded1927
Headquarters
Belrose, New South Wales
,
Australia
Area served
Australia, New Zealand
Products Handbags, personal accessories
Owner Michael Lewis
Website strandbags.com.au
strandbags.co.nz

Strand, or the Strandbags Group, is an Australian and New Zealand retailer of handbags, wallets, luggage, backpacks and other personal accessories. [1] The chain has over 234 stores around Australia. [2] It also has 26 stores in New Zealand. [3] It owns the private label brands Evity and Nere. [4]

Contents

History

In September 2019, Strandbags opened a new larger concept flagship store at Melbourne's Chadstone Shopping Centre, as part of a strategy to expand the size of major stores. [5]

During the start of the COVID-19 pandemic in Australia and COVID-19 pandemic in New Zealand, stores closed for at least six weeks. [6]

In August 2020, Scentre Group locked out some Strandbags stores over a rental dispute. [7] The decision affected stores at Westfield centres in Australia. [8] The dispute was resolved and the stores were allowed to reopen. [9] Strandbags' revenue for the 2021 fiscal year was hit hard by the pandemic, only reaching $195.1 million compared to $350.8 million the previous year. [10]

In July 2020, the British luggage brand Antler was acquired by ATR Holdings, an associated company of Strandbags. [11] [12]

In May 2021, the New Zealand Commerce Commission laid charges against Strandbags under the Fair Trading Act 1986, accusing it of misleading consumers about discounts. [1] The Commission accused the company of marketing discounts against a regular price that had never been used. [3] Consumer NZ alleged similar tactics were also used by other retailers; [13] the Commission warned other retailers against doing so. [14]

In October 2021, Strandbags relaunched its website following a four-month redevelopment process. [15] It followed the appointment of new Chief of Technology and Head of Online the previous year. [16]

In May 2022, Strandbags launched Evity, a leather goods brand [17] and, in July 2022, the company launched its Nere luggage brand in Australia and New Zealand. A UK launch followed in May 2023. [18] [19] The first stand-alone Nere retail store opened in Melbourne in November 2023. [20]

In November 2022, Strandbags rebranded as Strand. [4]

Related Research Articles

<span class="mw-page-title-main">Countdown (supermarket)</span> New Zealand supermarket chain

Countdown was an Australian-owned New Zealand full-service supermarket chain and subsidiary of Woolworths New Zealand, itself a subsidiary of Australia's Woolworths Group. It is one of two supermarket chains in New Zealand, the other being Foodstuffs.

<span class="mw-page-title-main">Aldi</span> German multinational discount supermarket chain

Aldi is the common company brand name of two German multinational family-owned discount supermarket chains operating over 12,000 stores in 18 countries. The chain was founded by brothers Karl and Theo Albrecht in 1946, when they took over their mother's store in Essen. The business was split into two separate groups in 1960, that later became Aldi Nord, headquartered in Essen, and Aldi Süd, headquartered in neighbouring Mülheim.

<span class="mw-page-title-main">Woolworths Group (Australia)</span> Australian multinational retail company

Woolworths Group Limited is an Australian multinational retail and finance company, primarily known for the operation of its retail chain Woolworths Supermarkets across Australia, Woolworths in New Zealand and its discount department store Big W. Headquartered in Bella Vista, Sydney, it is the largest company in Australia by revenue and number of employees, and the second-largest in New Zealand.

<span class="mw-page-title-main">Inditex</span> Spanish multinational clothing company

Industria de Diseño Textil, S.A. is a Spanish multinational clothing company headquartered in Arteixo, Galicia, Spain. Inditex, the biggest fast fashion group in the world, operates over 7,200 stores in 93 markets worldwide. The company's flagship brand is Zara, but it also owns a number of other brands including Zara Home, Bershka, Massimo Dutti, Oysho, Pull&Bear, Stradivarius, Uterqüe and Lefties. The majority of its stores are corporate-owned, while franchises are mainly conceded in countries where corporate properties cannot be foreign-owned.

<span class="mw-page-title-main">Chadstone Shopping Centre</span> Shopping mall in Victoria, Australia

Chadstone Shopping Centre is a shopping centre located in the south-eastern Melbourne suburb of Malvern East. Chadstone Shopping Centre is the biggest shopping centre in Australia by both area and number of stores and one of the biggest in the Southern Hemisphere. The centre opened on 3 October 1960 and was the first self-contained regional shopping centre in Melbourne.

<span class="mw-page-title-main">The Warehouse Group</span> New Zealand retail group

The Warehouse Group (TWG) was established by Stephen Tindall in 1982 and is the largest retail group in operation in New Zealand. It is a corporate conglomerate that consists of The Warehouse, Warehouse Stationery and Noel Leeming.

<span class="mw-page-title-main">Kmart Australia</span> Australian multinational discount department store chain owned by Wesfarmers

Kmart Australia Limited is an Australian chain of retail department stores owned by the Kmart Group division of Wesfarmers.

<span class="mw-page-title-main">Sephora</span> French cosmetics retailer

Sephora is a French multinational retailer of personal care and beauty products, offering nearly 340 brands alongside its own private label, the Sephora Collection. Its product range includes cosmetics, skincare, fragrance, nail color, beauty tools, body products, and hair care items.

<span class="mw-page-title-main">Harris Scarfe</span> Australian discount department store chain owned by Spotlight Group

Harris Scarfe is an Australian retailer that sells bed linen, kitchenware, homewares, electrical appliances and apparel. It was founded in 1849 in Adelaide, South Australia and has more than 50 stores nationally.

<span class="mw-page-title-main">Woolworths Supermarkets</span> Australian multinational supermarket chain owned by Woolworths Group

Woolworths Supermarkets is an Australian chain of supermarkets and grocery stores owned by Woolworths Group. Founded in 1924, Woolworths is currently Australia's largest supermarket chain with a market share of 33% as of 2019.

Farmers Trading Company Ltd is a New Zealand mid-market department store chain. Headquartered in Flat Bush, Auckland, Farmers operates 59 stores across New Zealand, specialising in family fashion, beauty, homewares, furniture, large appliances and whiteware.

<span class="mw-page-title-main">Woolworths (New Zealand supermarket chain)</span>

Woolworths is an Australian-owned New Zealand full-service supermarket chain and subsidiary of Woolworths New Zealand, itself a subsidiary of Australia's Woolworths Group. Previously known as Countdown, the business is currently in the process of rebranding all stores as Woolworths.

Avenue Stores LLC was a specialty retailer in the United States offering plus-size clothing to women who wear larger-size clothing. The company serves a target audience of women aged between 25 and 55 years of age, wearing apparel of size 14 or larger, and also sells shoes and accessories. The group operated 222 stores in 33 states in 2019, all under the name The Avenue.

<span class="mw-page-title-main">Cotton On Group</span> Australian multinational retail company

Cotton On Group is an Australian retail company known for its fashion, clothing and stationery brands. As of 2020, it has over 1,500 stores in 18 countries employing 22,000 people across eight brands: Cotton On, Cotton On Kids, Cotton On Body, Factorie, Typo, Rubi, Supré, Ceres and Cotton On Foundation.

<span class="mw-page-title-main">James Pascoe Group</span> New Zealand retail company (1906)

The James Pascoe Ltd Group of Companies is a privately owned New Zealand retail group with holdings across New Zealand and Australia. JPG owns and operates chains Pascoes the Jewellers, Stewart Dawsons and Goldmark ; department store Farmers ; homeware retailer Stevens; and bookshop Whitcoulls in New Zealand. The group's three Australian businesses are jewellers Prouds the Jewellers, Angus & Coote and Goldmark, with over 460 stores across Australia as of 2012. Goldmark is the only brand operating in both countries.

<span class="mw-page-title-main">City Chic Collective</span> Australian fashion company

City Chic Collective (CCC), founded as Miller's Retail in 1992, and rebranded in December 2006 to Specialty Fashion Group, is an Australian retail clothing company. It is headquartered in the Sydney suburb of Alexandria.

Overland Footwear Group is a New Zealand and Australian footwear and fashion retail company. It operates the Merchant 1948 and Mi Piaci retail chains in both countries and produces its own footwear lines.

<span class="mw-page-title-main">Accent Group</span> Australian multinational clothing retail and distribution company

Accent Group Limited is an Australian and New Zealand footwear and clothing retail, wholesaling and distribution company. It has more than 800 retail stores, along with 19 brands, and more than 20 online platforms.

Retail Apparel Group is an Australian and New Zealand clothing retail company, wholly owned by the Foschini Group. The company operates stores under the Tarocash, Connor, yd., Johnny Bigg, Rockwear and AXL+Co brands.

References

  1. 1 2 Foxcroft, Debrin (27 May 2021). "Strandbags charged over discounting practices". Stuff . Stuff.
  2. ↑ "Strandbags". strandbags.com.au. Strandbags Group.
  3. 1 2 "Strandbags charged over discounting practices". New Zealand Commerce Commission . New Zealand Government. 27 May 2021.
  4. 1 2 "Strandbags announces biggest change in 95-year history". Ragtrader. 2022-11-08. Retrieved 2024-10-18.
  5. ↑ Blake, Dean (9 September 2019). "Strandbags unveils new store concept at Chadstone". Inside Retail. Octomedia.
  6. ↑ Jurd, Bradley (9 May 2020). "Bathurst Strandbags re-opens its doors after six-week closure". Western Advocate . Australian Community Media.
  7. ↑ Khadem, Nassim (21 August 2020). "Westfield locks retailers out of stores as national retail sales rise 3.3 per cent". ABC News . Australian Broadcasting Corporation.
  8. ↑ Andaloro, Sarina (20 August 2020). "Why more than 100 Australian fashion stores have closed indefinitely". Seven News . Seven West Media.
  9. ↑ "Vicinity slaps Myer with lawsuit over unpaid rent at Melbourne flagship store". The Australian . News Corp Australia. 10 November 2021.
  10. ↑ LaFrenz, Carrie (2022-11-04). "Travel makes a comeback and so does Strandbags". Australian Financial Review. Retrieved 2024-10-18.
  11. ↑ Beevers, Angela (2020-02-19). "Endless sells the Antler luggage brand". Retail Bulletin. Retrieved 2024-10-18.
  12. ↑ Wightman-Stone, Danielle (2022-09-13). "Luggage maker Antler names new managing director". FashionUnited. Retrieved 2024-10-18.
  13. ↑ "Strandbags charged over discount claims". Consumer NZ. 28 May 2021.
  14. ↑ Bhattarai, Rahul (17 November 2021). "Commerce Commission reminds retailers of fair sale practices as Black Friday and Christmas near". New Zealand Herald . New Zealand Media and Entertainment.
  15. ↑ Crozier, Ry. "Strandbags re-platforms e-commerce under 'Project Future'". IT News. Next Media.
  16. ↑ Bennett, Tess. "Strandbags bolsters technology team with two new senior hires". IT News. Next Media.
  17. ↑ Blake, Dean (2022-05-05). "Strandbags goes hell for leather with new style-focused brand Evity" . Inside Retail New Zealand. Retrieved 2024-10-18.
  18. ↑ Dong, Irene (2023-05-11). "Strand launches Nere luggage brand in UK, online". Inside Retail Australia. Retrieved 2024-10-18.
  19. ↑ Halliday, Sandra (2023-06-08). "Strandbags launches 'fashion travel' brand Nere in UK, US". FashionNetwork.com. Retrieved 2024-10-18.
  20. ↑ McIlvaine, Heather (2023-11-28). "With new store, Nere seeks to elevate travel for the mass market" . Inside Retail Australia. Retrieved 2024-10-18.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.