Myer Holdings Limited Company Summary |
Myer (ASX:MYR) is Australia's largest department store group and has been synonymous with style and fashion for over 100 years. With a valuable footprint of 67 stores in prime retail locations across Australia, generating total sales of over A$3.2 billion in FY2010 (including sales by concession operators), Myer is a leader in Australian retailing. Myer has a strong connection with its customers, with one of the most reputable retail brands in Australia. It is known for its welcoming, familiar, trusted, stylish and fun shopping environment as well as its strong culture of philanthropy and local community engagement.
Myer caters for a large number of Australian households, offering more than 600,000 product lines, comprising 2,400 brands sourced from over 800 suppliers globally. Myer's offering comprises eleven core product categories including womenswear; menswear; youth fashion; childrenswear; intimate apparel; beauty, fragrance and cosmetics; homewares; electrical goods; toys; fashion accessories; and general merchandise. The broad appeal of Myer's offering is evidenced by its strong store patronage, with 185 million visits in FY2010.
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COMPANY DATA |
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Headquarters |
Level 7,275 - 295 |
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Lonsdale Street |
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Melbourne VIC 3000 |
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AUSTRALIA |
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Principal Sector |
Consumers |
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Principal Industry |
Retail |
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Homepage |
www.myer.com.au |
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Key Developments: Myer Holdings Limited
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Myer (ASX:MYR) Forms Strategic Retail Alliance With The Purchase of 65 Percent Stake in Sass and Bide FEB 7, 2011 15:08 - Article Views: 1,359 Myer Holdings Limited (ASX:MYR) today announced that it will acquire a 65 percent stake in sass & bide ("sass & bide"), one of Australia's most respected and successful women's fashion brands, for A$42.25 million. Myer will have exclusive department store rights to distribute this iconic, designer brand, as well as benefiting from the expansion of both sass & bide's standalone store network, and its domestic and international wholesale businesses. |
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Womenswear Designer Leona Edmiston Adds Two New Myer (ASX:MYR) Concessions Following Launch of Shanghai Boutique JAN 21, 2011 09:56 - Article Views: 2,217 (Global Fashion Wire) - Following the launch of her first Shanghai boutique in December, Leona Edmiston one of Australia's leading fashion designers, is adding another two new Myer (ASX:MYR) concessions to her network. |
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Australian Market Report of May 17, 2010: Chinese Govt Approved Investment in Kagara's (ASX:KZL) Mungana Goldmines MAY 17, 2010 13:30 - Article Views: 4,540 The Australian stock market opened sharply lower on Monday led by material sector. European bourses broadly tumbled on Friday as European governments' deep spending cuts increased worries over the region's economies. The negative sentiment also spreads through Wall Street and Asian Markets. The Australia's S&P/ASX200 index Monday fell approximately 1.8 per cent in early trade. In economics news today, the Australian Bureau of Statistics releases lending finance data for March. |
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Australian Market Report of February 5: Retailing Sector Lagged FEB 5, 2010 09:30 - Article Views: 5,558 Australian shares ended lower on Thursday after a weaker-than-expected ABS retail sales data and Myer's disappointing result for first half FY2010. The benchmark S&P/ASX200 index closed 26.3 points, or 0.57 per cent lower, at 4621.6, while the broader All Ordinaries index gave up 29.1 points, or 0.62 per cent, to 4644.1. |
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