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 …
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…
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