National clothing and footwear retailer for men and women with 150 stores across Australia. Previously owned by Philip Goodman, who sold the company to Specialty Fashion Group in Nov 2013 for $5 million, who sold the company to Noni B in 2018.
|Rivers (Australia) Pty Ltd||AUS||website|
| Noni B Ltd
owns 100% of Rivers (Australia) Pty Ltd
| Alceon Group Pty Ltd
owns 76% of Noni B Ltd
|Rivers (Australia) Pty Ltd|
Rivers has been criticised for eroticisation of violence against women. As shown on the Collective Shout website, the Advertising Standards Bureau upheld complaints with regards to a catalog titled "10 Deadly Deals" on the grounds that its use of sex and violence breached advertising codes.
[Source 2011][More on Irresponsible Marketing]
Rivers recalled some denim products in early 2014 after the ACCC found unacceptable concentrations of certain 'azo' dyes known to break down into carcinogenic chemicals. Europe has banned such imports and the US has restrictions in place, but no laws or rules have yet been changed to restrict their import into Australia.
[Source 2014][More on Product Safety]
This 2013 investigative report by Four Corners reveals that this company ordered clothes from factories in Bangladesh that did not meet international standards. Workers in Dhaka described unacceptable conditions that see them work long hours for little pay, sometimes under the threat of abuse if deadlines are not met. [Listed under Information due to age of report]
[Source 2013][More on Workers Rights]
|Noni B Ltd|
Oxfam Australia's Company Tracker compares the big clothing brands on their efforts to pay a living wage to the women working in their factories. This company has not published a list of its supplier factories, has not made a public commitment to paying living wages, and does not have a satisfactory grievance mechanism in place for workers to report violations of their rights.
[Source 2017][More on Workers Rights]
D+ grade in the Baptist World Aid Australia's 'Ethical Fashion Report 2018', which grades companies, from A to F, on the strength of their systems to mitigate against the risks of forced labour, child labour, and exploitation in their supply chains. Assessment criteria fall into four main categories: policies, knowing suppliers, auditing and supplier relationships, and worker empowerment.
[Source 2018][More on Workers Rights]
According to data released by the Australian Tax Office in Dec 2015, this company was one of 579 local and foreign-based companies that paid no tax in Australia in 2013-14. Please note however that companies pay income tax on profits, not revenue (total income). While some companies use tax havens and loopholes to avoid paying their fair share of tax in Australia, other companies that paid no tax have perfectly legitimate reasons.
[Source 2015][More on Finance]
|Alceon Group Pty Ltd|
This company was involved in a landmark court case heard in the NSW Supreme Court in 2015. Alceon agreed to lend $23 million to property development entity Quadwest, which was in desperate need of funds to pay significant creditors and ensure completion of a large residential project in Perth. One of the conditions of the loan was that the developer's elderly parents would need to give up their family home if Quadvest defaulted on the loan, which it did. The court found that this condition of the loan was "unconscionable", and the family home was saved.
[Source 2015][More on Finance]
This company was founded by Phil Green and Trevor Loewensohn, two of the men behind Babcock & Brown, Australia's biggest corporate failure. This Crikey article reveals details of how Green retained a number of valuable assets and millions in cash, while the company he was running collapsed.
|Company Structure||Wholly-owned subsidiary|
|Phone||03 9852 8804|