Clothing retailer and wholesaler
Colorado Group went into receivership in 2011, owing $400 million to a syndicated of 18 lenders. Four of these lenders took on the business in 2012 (National Australia Bank, Japanese bank Nomura and Anchorage Capital Partners and ICE Canyon). The new owners reduced store numbers from 441 to under 200 and then sold the business in 2017 to Australian footwear company Munro Footwear Group.
Company Ownership
Fusion Retail Brands Pty Ltd
AUS
Munro Footwear Group Pty Ltd
owns 100% of Fusion Retail Brands Pty Ltd
AUS
Footwear
Family business founded by Graham and Kerrie Munro in Melbourne in 1962, which has grown following a series of acquisitions, including Fusion Retail Brands in 2017. Operates throughout Australia and New Zealand.
Company Assessment
(Last updated Oct 2024)
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Criticism
Information
Fusion Retail Brands Pty Ltd
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Copyright infringements
In 2008 Jag paid $305,000 to UK Fashion label Ted Baker in an out-of-court settlement over copyright infringements claims.
Source: news article
(2008)
Global Sourcing Guidelines
Follow the link to see this company's stated Global Sourcing Guidelines
Source: company website
(2012)
Munro Footwear Group Pty Ltd
Praise
Criticism
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Some COVID Fashion Commitments
In 2020 Baptist World Aid Australia released The COVID Fashion Report, a special edition of their Ethical Fashion Report. The report is framed around six COVID Fashion Commitments that ask companies to demonstrate the steps and measures they are taking to protect and support the most vulnerable workers in their supply chains. This company showed evidence of actions that cover SOME areas of the COVID Fashion Commitments.
37/100 in Ethical Fashion Report
Baptist World Aid Australia's '2024 Ethical Fashion Report' assessed 120 companies on their efforts to mitigate against the risks of forced labour, child labour and worker exploitation in their supply chains, as well as protect the environment from the harmful impacts of the fashion industry. Assessment criteria fall into five main categories: policy & governance, tracing & risk, auditing and supplier relationships, worker empowerment and environmental sustainability. This company received a score of 37/100. The average score was 31.3 and the highest score was 90.
Company Details
Type:
Wholly-owned subsidiary
Contact Details
Address:
Level 1, 109 Burwood Rd, Hawthorn, VIC, 3122, Australia
Phone:
03 9420 8444
Freecall:
1800 101 285
Website: