Latest Consumer Discretionary News

Merino & Co. has secured a significant distribution agreement with a Shanghai-based omni-channel partner, committing to annual sales of approximately A$1.5 million and expanding its footprint in China’s luxury fashion market.

Shriro Holdings reported a 13.6% revenue decline in FY25 amid a strategic shift in its BBQ segment but delivered a 5.5% rise in EBITDA. The company plans a $20 million share buy-back in FY26, signaling confidence in its operational turnaround.

Finaccess Restauración, S.L. has secured acceptances exceeding 90% in its takeover bid for Restaurant Brands New Zealand, setting the stage for compulsory acquisition of remaining shares and imminent delisting.

Shriro Holdings updates shareholders on proposed buy-backs that could reshape voting power, with major stakes changing hands and key players abstaining from votes.

Merino & Co. initiates a new chapter with leadership changes and a strategic partnership to enter China’s premium apparel market, while investing heavily in growth during Q1 FY26.

RooLife Group (ASX, RLG) reported a strategic pivot in Q1 FY2026, landing major supply contracts worth $174 million and raising $2 million to fuel its own-brand product expansion.

The Star Entertainment Group reported a 5% revenue increase in Q1 FY26 and a halving of its EBITDA loss, while navigating regulatory challenges and advancing a major joint venture exit.

Endeavour Group’s first quarter results reveal a strong Hotels segment growth of 4.4%, alongside a retail sales recovery that returned to positive territory in September. Online sales surged by 20.9%, highlighting shifting consumer habits.

Articore Group has initiated an on-market share buy-back of up to 10% of its issued capital, signaling renewed confidence in its turnaround and long-term growth prospects.

Entertainment Rewards Ltd reported a 2.2% revenue increase in Q1 FY26, driven by strong membership growth and Card Linked Offers, while securing an additional $3 million loan to support its strategic initiatives.

Camplify Holdings has announced a strategic partnership with JB Group to expand its RV rental platform across Australia, leveraging JB Group's extensive dealership network and managed services.

Camplify Holdings has locked in a $3.21 million strategic investment from JB Group, which will take a 12.7% stake and partner to accelerate growth through dealership integration and marketing.