Connect with us

Business

Twiggy Forrest’s purchase of RM Williams shows Australian consumers want to buy local, experts say – ABC News

Iconic bootmaker RM Williams is once again an Australian company, prompting hopes it will lead to an expansion in domestic manufacturing — something that could …

Published

on

post featured image
ADVERTISEMENT

Iconic outfitter RM Williams is back in Australian hands, with its new owner vowing the company will manufacture more of the brand’s footwear and clothing locally as support grows for Australian-made products.
Key points:

  • Investment group Tattarang has bought RM Williams for about $190 million
  • About 2 per cent of the brand’s products are made overseas
  • Economist Marian Makkar says the brand should do well during a recession when Australians “want to support their country…

    Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

RBA warns government: ‘Be careful of removing the stimulus too early’ – The Guardian
‘Biggest ever’: Retailers prepare for COVID-fuelled Black Friday sales – Sydney Morning Herald
post featured image
Macquarie’s model portfolio of ASX stocks to hold in the post-COVID recovery – Motley Fool Australia