Myer

Australia Post takes 25% stake in Shiperoo ahead of the recommerce boom

Australia Post has acquired a quarter of Melbourne logistics startup Shiperoo, price undisclosed, backing its AI-powered fulfilment and returns platform as the founders plan overseas expansion.

Smart50 alumni Cashrewards acquires Little Birdie

Cashrewards has bought Little Birdie, the deals startup backed by Commonwealth Bank that went quiet in May; the piece also recalls Cashrewards' 2017 Smart50 nod, 2020 ASX float, and later takeover by 1835i Ventures.

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Fashion startup The Daily Edited gets another life after voluntary administration

Marquee Retail Group, owned by ex-Myer chief Bernie Brookes, has emerged from voluntary administration under a restructuring deed, keeping 400 jobs and The Daily Edited's online business, while its Sydney flagship store shut.

‘When Lachlan calls, you answer’: Inside this Murdoch-backed luggage giant

Profile of luggage brand July, built by Melbourne founders Athan Didaskalou and Richard Li with backing including Lachlan Murdoch, covering its pandemic pivot, Olympic team supply deal and retail expansion.

The administrators of The Daily Edited found a buyer in veteran retailer Bernie Brookes

Administrators KordaMentha sold monogrammed fashion label The Daily Edited to Bernie Brookes' BJM, price undisclosed, while Kogan.com separately bought collapsed furniture retailer Brosa for $1.5 million.

Personal care company selling in 12 countries | Awarded Australian government grant | $1.5M already raised

Wholesale Investor profiles Dr Mark's HyGenie, an oral hygiene company that has raised $1.5 million in a Series A and received a $1 million Australian government commercialisation grant, and is now offering $5 million.