![]() Today, Betts has stores in every Australian state and territory, offices in Western Australia, South Australia, Victoria and China, and a franchise store in the United Arab Emirates. The Betts Group is now run by the fifth generation of the family, and owns stores spanning across all the major shopping centres in Australia. To reduce the level of third-party involvement in acquiring product from Chinese manufacturers, he also developed the Betts Group China Resource Centre, which handled quality control and transportation. The brand Zu Shoes was established in March 2003, and Danny soon started designing and developing footwear products and accessories for manufacture in China. At the turn of the millennium, Danny, who was faced with a second surge of increased competition, repositioned the Betts Group, thereby changing it into a "vertically integrated business that could design and source its own products". During this time, Andrew helped the company become the "largest privately owned footwear group in Australia". To combat this, Andrew started to expand the operations into the states of Victoria, New South Wales and the Northern Territory, with the aid of numerous acquisitions the company had made in the 1980s and early 1990s. This development had created a difficult situation for local retailers, and put pressure on sales and margins. The recent introduction of major suburban retail shopping centres had brought in competition from both national and international players. In 1985, Andrew and Danny Breckler took over the family's business. The company has since changed its name at various times in its long history, including Cecil Bros, and Betts. Fanny opened the first store in Hay Street in the 1920s. This family business that he had established was continued by his wife Fanny Breckler (née Masel, 1877–1942 ) and two sons, Cecil and Alec, after his death in 1912. Yoel Breckler, a Russian immigrant, founded the boot repair store Breckler Brothers in Fremantle, Western Australia, in 1892. The company is unrelated to the laminate tube producer Betts Group, owned by packaging specialist Albéa (formerly Alcan Packaging Beauty). The business, which is 100% retail, does not manufacture any of its products, and instead imports its footwear and other accessories from overseas suppliers. The business is built on a financial model based on 98% shoe and 2% handbag sales. The organisation operates across all Australian states, and owns 67 stores in total (Australia wide). The Betts Group currently owns the brands Betts (formerly Betts & Betts), Betts Kids (formerly Betts & Betts Kids), ZU, Airflex, Zeroe, Betts Brand Direct, Betts for Her. Betts have been in the industry for over 125 years, and have recently expanded their operation to include the sale of shoes online. The head office is located at Level 2, 428 Scarborough Beach Rd, Osborne Park, Western Australia. The acquisition will see six Schooltex support office and regional staff employed by The Warehouse at the end of February.Betts Group Pty Ltd (formerly Breckler Brothers and Cecil Bros Pty Ltd ) is an Australian footwear retailer based in Perth. Schools will be contacted throughout January and February so that they can communicate with parents to let them know which The Warehouse store uniforms can be purchased at from the end of February. “It also aligns well with work that we are doing across TW Group to support schools and education from a community perspective.” “We see the Schooltex uniform brand complementing The Warehouse’s existing school apparel and back to school product range,” said Mr Powell. “Acquiring the Schooltex brand will allow us to provide families with more choice for their back to school needs,” said Mr Powell. TW Group Chief Executive, Mark Powell said that the Schooltex brand will strengthen The Warehouse’s position in the school uniform market. Schooltex is New Zealand’s leading school uniform brand supplying over 1,100 schools with their uniform and sportswear needs. #Postie plus group limited plus#The Warehouse Group (TW Group), New Zealand’s largest listed retailer with leading retail brands including The Warehouse, Warehouse Stationery, Noel Leeming and Torpedo7, has entered into a conditional agreement to acquire the Schooltex school uniform brand and stock from Postie Plus Group. BackThe Warehouse Group Limited to Acquire Schooltex Brand, 8:30 am ASSET ![]()
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