
Country Road shuts down stores across the country as retail apocalypse strikes Australia
One of its longstanding flagship stores at Sydney CBD's Queen Victoria Building has shut up shop, as has sister brand Trenery in Mosman, on Sydney's affluent lower north shore.
A Country Road outlet in the same suburb is also currently closed for renovations, while another CBD store at Pitt Street Mall is expected to close when its lease expires in three years' time, the Sydney Morning Herald reported.
Daily Mail Australia has contacted Country Road Group for comment.
The closures cap off a turbulent year for the Woolworths Holdings-owned retailer, which also includes fashion brands Mimco, Witchery, and POLITIX.
Sales across the brands plummeted by 6.2 per cent in the first half of the 2024–25 financial year, citing economic and operational headwinds.
It also comes just weeks after Country Road Group chief executive Raju Vuppalapati announced his resignation amid a lingering scandal over complaints handling by executives.
Country Road was founded in 1974 as a niche women's shirting business that has grown into Australia's first lifestyle brand, renowned for its high-quality apparel, accessories, and homeware.
It was also one of the first major Australian brands to open in the US.
More to come.
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