History
The company was founded in 1974 by Stephen Bennett, initially as a shirt label. It grew rapidly to become Australia's first lifestyle brand. It's growth during the 90's extended in both product range and location, operating over 100 stores at its peak.
It was relaunched in July 2004 as a company that has higher volume sales and lower product prices. In the years 2006-07, Country Road has reduced its prices by 25%, resulting in a 70% rise in sales volume. Prior to the re-launch, Country Road was a retailer with a premium price and a strong brand identity. The current head designer for Country Road is Sophie Holt (previously chief designer for women's fashion chain store Witchery). Its head office is located in Richmond, Victoria, the Australian flagship store is located nearby in South Yarra, Victoria. The Northern District head office is located above the flagship store of New South Wales, in Pitt Street Mall.
Beginning 2003, Country Road entered into an exclusive agreement with Myer department stores. Under this agreement, Country Road agreed to sell exclusively to Myer and not to its main rival, David Jones Limited. It also included joint marketing and in-store visual merchandising. This arrangement ended in January 2007 when Country Road became a concession store in David Jones and selected Myer stores. There were also stores in Boston, Chicago, New York City and other cities in the United States, as recent as 2000 or later, which closed due to poor sales.Template:Http://wikifashion.com/wiki/Country Road
Read more about this topic: Country Road
Famous quotes containing the word history:
“Anything in history or nature that can be described as changing steadily can be seen as heading toward catastrophe.”
—Susan Sontag (b. 1933)
“There are two great unknown forces to-day, electricity and woman, but men can reckon much better on electricity than they can on woman.”
—Josephine K. Henry, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 15, by Susan B. Anthony and Ida Husted Harper (1902)
“If man is reduced to being nothing but a character in history, he has no other choice but to subside into the sound and fury of a completely irrational history or to endow history with the form of human reason.”
—Albert Camus (19131960)