Australian fashion retailer Glue Store has announced its permanent closure, citing an $8.4 million loss earlier this year. This follows similar shutdowns from Barbeques Galore and Lincraft, highlighting broader economic slowdown and subdued discretionary spending due to rising interest rates and fuel costs.
Australian fashion retailer Glue Store has announced its permanent closure, citing an $8.4 million loss earlier this year. The company stated it will cease operations both in-store and online, but assured customers that its family of brands remains available.
Australian fashion retailer Glue Store has permanently closed its stores and online operations, citing an $8.4 million loss earlier this year. The closure follows similar announcements from Barbeques Galore and Lincraft, reflecting broader economic slowdown and subdued discretionary spending due to rising interest rates and fuel costs.
Australian fashion retailer Glue Store has permanently closed its physical and online stores, citing an $8.4 million loss earlier this year. The closure follows similar announcements from Barbeques Galore and Lincraft, highlighting a challenging economic climate impacting discretionary spending.
