Strandbags Explained

Strandbags
Industry:Retail
Foundation:1927
Location City:Belrose, New South Wales
Location Country:Australia
Area Served:Australia, New Zealand
Products:Handbags, personal accessories
Parent:Strandbags Group
Owner:Michael Lewis
Homepage:

Strandbags is an Australian and New Zealand retailer of handbags, wallets, luggage, backpacks and other personal accessories.

The chain has over 234 stores around Australia.[1]

It also has 26 stores in New Zealand, including 10 in Auckland.[2]

History

In September 2019, Strandbags opened a new larger concept flagship store at Melbourne's Chadstone Shopping Centre, as part of a strategy to expand the size of major stores.[3] It was one of a number of new stores to open in the mall.[4]

In October 2019, Strandbags owner Michael Lewis invested $8 million in direct-to-consumer luggage brand July.[5]

During the start of the COVID-19 pandemic in Australia and COVID-19 pandemic in New Zealand, stores closed for at least six weeks.[6]

In August 2020, Scentre Group locked out some Strandbags stores over a rental dispute.[7] The decision affected stores at Westfield centres in Australia.[8] The dispute was resolved and the stores were allowed to reopen.[9]

In May 2021, the New Zealand Commerce Commission laid charges against Strandbags under the Fair Trading Act 1986, accusing it of misleading consumers about discounts.[10] The Commission accused the company of marketing discounts against a regular price that had never been used.[11] Consumer NZ alleged similar tactics were also used by other retailers;[12] the Commission warned other retailers against doing so.[13]

In October 2021, Strandbags relaunched its website following a four-month redevelopment process.[14] It followed the appointment of new Chief of Technology and Head of Online the previous year.[15]

External links

Notes and References

  1. Web site: Strandbags . strandbags.com.au . Strandbags Group.
  2. Web site: Strandbags . strandbags.co.nz . Strandbags Group.
  3. News: Blake . Dean . Strandbags unveils new store concept at Chadstone . Inside Retail . Octomedia . 9 September 2019.
  4. News: The new stores coming to Chadstone . . . 4 September 2019.
  5. News: McIlvaine . Heather . Strandbags owner invests $8 million in luggage startup . Inside Retail . Octomedia . 15 October 2019.
  6. News: Jurd . Bradley . Bathurst Strandbags re-opens its doors after six-week closure . . . 9 May 2020.
  7. News: Khadem . Nassim . Westfield locks retailers out of stores as national retail sales rise 3.3 per cent . . . 21 August 2020.
  8. News: Andaloro . Sarina . Why more than 100 Australian fashion stores have closed indefinitely . . . 20 August 2020.
  9. News: Vicinity slaps Myer with lawsuit over unpaid rent at Melbourne flagship store . . . 10 November 2021.
  10. News: Foxcroft . Debrin . Strandbags charged over discounting practices . . . 27 May 2021.
  11. News: Strandbags charged over discounting practices . . . 27 May 2021.
  12. News: Strandbags charged over discount claims . . 28 May 2021.
  13. News: Bhattarai . Rahul . Commerce Commission reminds retailers of fair sale practices as Black Friday and Christmas near . . . 17 November 2021.
  14. News: Crozier . Ry . Strandbags re-platforms e-commerce under 'Project Future' . IT News . Next Media.
  15. News: Bennett . Tess . Strandbags bolsters technology team with two new senior hires . IT News . Next Media.