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Iconic Australian shoe chain Betts collapses and closes stores nationwide

اقتصاد
Daily Mail
2026/07/02 - 00:45 503 مشاهدة
تحليل ذكي | AI Editorial Analysis

Published: 01:45, 2 July 2026 | Updated: 01:49, 2 July 2026 Australian footwear chain Betts has plunged into administration.

Betts, which has 35 stores across Australia, will shut more than half its outlets as it looks to move to an online-only business.

Lindsay Bainbridge, from administrator Pitcher Partners, said many Betts stores were no longer profitable.

هذا الخبر من Daily Mail. خبر يقدم أدوات ذكاء اصطناعي للتلخيص والترجمة والاستماع.

Published: 01:45, 2 July 2026 | Updated: 01:49, 2 July 2026 Australian footwear chain Betts has plunged into administration. Betts, which has 35 stores across Australia, will shut more than half its outlets as it looks to move to an online-only business. Lindsay Bainbridge, from administrator Pitcher Partners, said many Betts stores were no longer profitable. 'Australians grew up with Betts shoes, they know and love the brand, and we believe it has a strong outlook as a more streamlined operation,' Bainbridge said. 'But the retail conditions and falling foot traffic in a lot of centres just are not sustainable for the business. 'We will close some stores, focus on strengthening others, and continue the company's plans to expand retail online.' Bainbridge said 120,000 pairs of shoes, bags and accessories would go on sale as stores are closed. 'Customers can check stock online, but the best deals will be in the stores flagged for closure, where we will be running out stock.' Australian footwear chain Betts has plunged into administration At its peak, Betts operated 220 stores across Australia. - Western Australia: Betts Hay Street (Hay Street Mall), Betts Gateway (Cockburn Gateway), Betts Mandurah (Mandurah Forum), Betts Brand Direct WA (Watertown Brand Outlet West Perth), Betts Brand Direct DFO Perth (Perth Airport), Betts Whitfords (Whitford City store), one of two Betts Joondalup stores - South Australia: Betts Modbury (Westfield Tea Tree Plaza), Betts West Lakes (Westfield West Lakes), Betts Marion (Westfield Marion) - Northern Territory: Betts Casuarina (Casuarina Square) - New South Wales: Betts Macquarie (Macquarie Centre North Ryde), Betts Liverpool (Westfield Liverpool), Betts Rouse Hill (Rouse Hill Town Centre), Betts Kotara (Westfield Kotara) - Victoria: Betts Greensborough (Greensborough Plaza), Betts Ringwood (Eastland Shopping Centre), Betts Doncaster (Westfield Doncaster), Betts Fountain Gate (Westfield Fountain Gate) - Queensland: Betts Indooroopilly (Indooroopilly Shopping Centre) No comments have so far been submitted. Why not be the first to send us your thoughts, or debate this issue live on our message boards. By posting your comment you agree to our house rules. Do you want to automatically post your MailOnline comments to your Facebook Timeline? Your comment will be posted to MailOnline as usual. Do you want to automatically post your MailOnline comments to your Facebook Timeline? Your comment will be posted to MailOnline as usual We will automatically post your comment and a link to the news story to your Facebook timeline at the same time it is posted on MailOnline. To do this we will link your MailOnline account with your Facebook account. We’ll ask you to confirm this for your first post to Facebook. You can choose on each post whether you would like it to be posted to Facebook. Your details from Facebook will be used to provide you with tailored content, marketing and ads in line with our Privacy Policy.
المصدر: Daily Mail | Source: Daily Mail

ملاحظة تحريرية | Editorial Note: نُشر هذا المقال في الأصل بواسطة Daily Mail. خبر (Khabr) هي منصة إعلامية أردنية مرخّصة تعمل بالذكاء الاصطناعي. نضيف قيمة تحريرية من خلال: تحليل ذكي للأخبار، ملخصات تلقائية، رواية صوتية بالذكاء الاصطناعي، ترجمة متعددة اللغات، وتدقيق الحقائق. هدفنا جعل الأخبار أكثر وضوحاً وسهولةً للقارئ العربي.

This article was originally published by Daily Mail. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.

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المزيد عن اقتصاد | More on Economy

هذا الخبر ضمن تغطية خبر لقسم اقتصاد. نقدّم لك تحليلات ذكية وملخصات يومية لأهم الأخبار من مصادر موثوقة متعددة. المصدر: Daily Mail. يوجد 6 مقالات مرتبطة بهذا الموضوع.

This article is part of Khabr's coverage of Economy. We provide AI-powered analysis, summaries, and multi-source aggregation to keep you informed. Source: Daily Mail. Tags: business, retail, collapse.

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