interesting write up on possible offshore interest in CCX in tonight's AFR Street Talk.
Nothing definitive, but will be interesting to see if it flushes out some suitors. Would think timing perfect for them with what will likely be our last ordinary half-yearly, before we've finished the bloated inventory rundown and cleared the desks for better times ahead.
Hopefully not yet as I think they would be getting the company on the cheap, compared to the business' potential as we get back to basics and interest rate cycle turns to give consumers a little relief.
Any offer would have to be compelling to get Spheria, Bundy, etc over the line.
https://www.copyright link/street-talk/offshore-buyers-try-on-bombed-out-womenswear-retailer-city-chic-20240129-p5f0ul
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