Australia Retail

The founders of e-retailer Sleeping Duck have denied freezing out an angel investor from active involvement in their company and realising his 20 per cent shareholding.

CGI Glass Lewis, ISS and Ownership Matters have told their clients not to put retail veteran Bill Wavish on the board of the gaming and liquor giant.

Retail giants Adairs and Temple and Webster expressed interest in buying shares in a start-up mattress e-tailer after an angel investor leant his “brand and reputation” to boost its value, the Victorian Supreme Court has heard.

Intended to protect consumers, without stifling innovation.

The announcement comes a week after retailer Myer revealed it was nominating Olivia Wirth to its board of directors.

For retail and hospitality sectors.

High-end furniture retailer and manufacturer King Living will open a showroom in the US as part of a global growth strategy, banking on a wave of interest in Australian-designed furniture.

The retail giant announced the recall of the popular furniture item as there have been several incidents of concern.

Australia’s biggest technology companies have joined their global peers rallying behind Israel – a cradle of innovation within their sector – following Hamas’ “horrific and unthinkable acts of terror”.