Consumer is BBRC’s past, present and future.

BBRC was established with the opening of a single record store in 1980 and since then has created, grown and invested in consumer businesses spanning the lingerie, fashion jewelry, leisure, homewares, and footwear categories. We are always looking for new opportunities to apply our expertise to growing consumer concepts.

Lovisa

Lovisa is a fast-fashion specialty jewelry retailer targeting fashion conscious females aged 25-45. BBRC created the Lovisa concept in partnership with MD Shane Fallscheer in 2010. The portfolio has grown rapidly to now include over 600 stores in 30+ countries around the world. The global roll-out continues. Lovisa listed on the ASX in 2014 and BBRC retained a significant shareholding in the business. Visit the website

Honey Birdette

Honey Birdette began over a glass of champagne between two friends in 2006, with the luxury lingerie and bedroom accessories brand opening its first boutique later that year. BBRC invested in Honey Birdette in 2011, partnering with founder Eloise Monaghan to accelerate the store rollout in Australia and grow the business internationally.  In June 2021, Honey Birdette was purchased by Playboy, at the time of the acquisition Honey Birdette had 60 boutiques across 3 continents and a rapidly growing digital business contributing more than 50% of sales.  BBRC's investment resulted in an annualized return of 126%. Visit the website

Accent Group

BBRC purchased a ~19% stake in Accent Group in 2017, making it the most recent addition to our consumer portfolio. Accent Group is the regional leader in retail and distribution of performance and lifestyle footwear. Its portfolio consists of over 700 stores across 15 retail banners plus exclusive distribution rights for 10 international brands across Australia and New Zealand. Visit the website

Best & Less

Best & Less was originally founded in 1965 and has served generations of families across Australia and New Zealand by focusing on mum and her family. Best & Less keeps the customer at the heart of everything they do and is focused on delivering ‘twice the quality at half the price’. BBRC invested $40m in July 2021 and led the IPO. BBRC remains a significant shareholder today with board representation. Visit the website

Adairs

Adairs is specialty retailer of homewares and home furnishings in Australia and New Zealand. It is focused on differentiating its product offering by delivering on-trend fashion products, quality staples, and value. In 2007, BBRC purchased a 90% stake in Adairs partnering with David Maclean.  Since then, BBRC has sold down its holdings in a series of transactions, including a 2015 IPO on the ASX. Visit the website

Universal Store

Universal Store is Australia's go-to retail destination location for the latest in youth street and casual fashion. With over 50 retail locations around Australia and growing Universal supplies the latest in Men’s and Women’s fashion from leading fashion brands.  BBRC invested in Universal Store in 2018, sold down a stake in the successful IPO listing on the ASX in November 2020, and fully exited the position in August of 2021.  The investment resulted an annualized return of 101%. Visit the website

Hot 8 Yoga

Hot 8 Yoga was founded by Vincent Nicoletta in 2010 and opened its first studio in Santa Monica, CA. It offers a range of classes in clean and comfortable heated studios including traditional yoga, barre and sculpt, as well as a comprehensive teacher training program. BBRC invested in Hot 8 Yoga in 2018, partnering with Vincent to accelerate the roll-out of studios across the US. Visit the website

Plant Therapy

Plant Therapy is a leading essential oils company set apart from its competitors by its high-quality product offering and exceptional customer service. The business was founded in 2010 in Twin Falls, ID and has experienced rapid, profitable growth supported by new product development and industry tailwinds.  BBRC Private Equity invested in Plant Therapy in April 2019, partnering with founder Chris Jones and his team to help grow the business in the direct to consumer and wholesale channels.  Plant Therapy has a strong and philanthropic culture which is aligned with BBRC’s 10+1 culture commitments. Visit the website