Fusion Retail Brands
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.

Overall

Owned AUS
Rating D
About the Ratings

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 Jan 2022)
Fusion Retail Brands Pty Ltd
Information
Copyright infringements
In 2008 Jag paid $305,000 to UK Fashion label Ted Baker in an out-of-court settlement over copyright infringements claims.
Global Sourcing Guidelines
Follow the link to see this company's stated Global Sourcing Guidelines
Munro Footwear Group Pty Ltd
Criticism
18/100 in 2022 Ethical Fashion Report
Baptist World Aid Australia's '2022 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 18/100.
Information
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.

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:
www.fusionretailbrands.com.au

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