BBRC
OVERALL |
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Owned |
AUS |
Rating |
Investment company
Private investment company founded by Australian Brett Blundy in 1980 with offices in Sydney and Monaco. Core divisions are consumer, funds management, retail property, and cattle. Consumer brand investments include Lovisa (jewelry), Accent Group (footwear), Best & Less (clothing) and Adairs (homewares). Sold Bras N Things to HanesBrands in 2018 for $500 million and Honey Birdette to Playboy in 2021 for $443 million.
BB Retail Capital Pty Ltd | AUS | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
BB Retail Capital Pty Ltd | ||||
BBRC exports the majority of its live cattle to Indonesia, with some stock going to Vietnam. In 2014 a spokesman the company was focused more on live cattle exports than trading processed beef. Live export has been heavily criticised by animal rights groups such as Animals Australia and RSPCA.
Source: news article (2014) |
This company's Honey Birdette subsidiary has been repreatedly criticised for offensive advertising. Fifteen times between 2012 and 2019 the Advertising Standards Bureau upheld complaints about poster ads by this company on the grounds that they breached advertising codes. The ads were subsequently discontinued or modified.
Source: Advertising Standards Bureau (2019) |
Company Details
Type | Private company |
Founded | 1980 |
Subsidiaries | Best & Less Pty Ltd
Clothing retailer Best & Less Group is made up of retail brands Best & Less and Postie (NZ). In 2019, Allegro Funds acquired the businesses from Greenlit Brands, and listed it on the ASX in 2021. Acquired by BB Retail Capital in 2023 and delisted from the ASX. |
Contact Details
Address | Suite 6.02, 175 Pitt St, Sydney, NSW, 2000, Australia |
info@bbrcworld.com | |
Website | www.bbrcworld.com |
Products / Brands
Best & Less
Best & Less Everyday Apparel Best & Less Clothing Stores |