City Chic Collective Ltd. engages in the retailing of women’s clothing in Australia, New Zealand, South Africa, and the U.S. It offers its products through various brands, such as Millers, Crossroads, Katies, Autograph, and Rivers. The company is headquartered in Alexandria, New South Wales and currently employs 790 full-time employees. The firm specializes in plus-size women’s apparel, footwear, and accessories. Its brands include City Chic, Avenue, Evans, CCX, Hips & Curves and Fox & Royal. City Chic and CCX appeal to fashion forward women and its multi-channel model comprises of a network of approximately 94 stores across Australia and New Zealand (ANZ), and websites operating in ANZ, the United States, the United Kingdom, and Europe. Avenue and Evans target a customer base across conservative and fashion segments, both with a long history and online customer following. Hips & Curves in the United States, Fox & Royal in ANZ and the United Kingdom and Europe, are online intimates brands. City Chic Collective owns European-based online marketplace Navabi and also sells its collective of brands through third-party marketplace and wholesale partners in the United States, Canada, United Kingdom and Europe, and the Middle East.
City Chic Collective (ASX: CCX)
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Here are the latest articles on City Chic Collective (ASX: CCX)
City Chic completes exit from US with Avenue sale to focus on AU/NZ and clearing debt
July 9, 2024
Plus-size clothing specialists City Chic Collective (ASX: CCX) has completed its departure from the US market having settled its divestment of its Avenue business to FullBeauty Brands, ending a troublesome period where marketing tailwinds were curbed by the pandemic and rise of online shopping. This strategic divestment is part of a business restructure by City
City Chic sees sharp revenue fall amid dwindling consumer confidence
February 27, 2024
Plus-size clothing retailer City Chic (ASX: CCX) has posted a 29% revenue decline for H1 FY24, citing inflationary pressures. Dwindling consumer confidence caused the Company’s sales revenue to drop to $105.8 million compared to H1 FY23’s $149.9 million. Online sales also remained challenging, but there were signs of improvement in stores during Q2. Going by
Consumers reduce fashion spending and City Chic didn’t make the cut
May 22, 2023
Built up savings during the pandemic contributed to an 18-month period of robust growth in early 2021 for online fashion but the fall from those highs have since brought online retailers to their knees. Inflationary pressure, reduced discretionary spending and depressed customer sentiment carried over to 2023 have pushed the fashion industry over the edge.
With Kikki K in voluntary administration, retail continues to look as bleak as ever
March 11, 2020
Australian stationery retailer, Kikki K, are the latest victim to the group of falling retail chains after news was released yesterday that the company was facing voluntary administration. While the stores and online shopping currently remain open to customers, the future of almost 500 jobs is uncertain. The swedish-design company was founded by Kristina Karllson
City Chic eyes off lucrative plus-size US market with $24.4m acquisition
October 7, 2019
Australian fashion retailer City Chic Collective (ASX: CCX) is set to significantly expand their exposure to the lucrative U.S fashion market following the acquisition of US-based plus-size retailer Avenue Stores LLC for $24.4m. With Avenue Stores going under the hammer via commercial auction, City Chic was successful with a bid of US$16.5m (approximately A$24.4m) for
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