Sussan
Company typePrivately owned
IndustryFashion
FoundedMelbourne, Australia
Area served
Australia
Key people
Natalie Aardoom (General Manager)
ProductsClothing, accessories
Websitewww.sussan.com.au

Sussan is an Australian women's fashion retailer,[1] owned and operated by the Sussan Group (ARJ Holdings), who also own and operate Sportsgirl and Suzanne Grae.

History

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The first Sussan store opened on Little Collins Street, Melbourne selling lingerie in 1939. The store was owned by Sam and Fay Gandel.[2] By the end of 1951 there were three stores in Little Collins Street, Collins Street and Swanston Street. In 1953, the first two stores opened in Adelaide followed by a Perth store in 1956. During the 1960s, the Sussan range grew beyond traditional lingerie and blouses.

By 1968, their expansion continued with the purchase of Chic Salon from Woolworths, a 94-store lingerie chain operating in Queensland and New South Wales. This acquisition, along with the 60 existing stores in the southern states and Western Australia, made Sussan a national operation.

In 1980, Keith Forster was appointed managing director. He had previously worked as the company's secretary.[3]

In 1985, the company had 200 stores and an annual turnover of around $100 million. It was owned by John Gandel and Marc Besen, son and son-in-law to the original owners,[2] each with a 50% share. That year, John Gandel sold his share in the company to Abraham Goldberg and Leon Lipkies, after Gandel decided to focus on his real estate interests. Goldberg and Lipkies has a pre-existing business relationship with Besen through their "control of Australia's biggest listed textile company" Entrad Corporation. The three men's combined shareholding in Entrad amounted to 76% ownership.[3]

In 2003, Naomi Milgrom, the daughter of majority shareholder Marcus (Marc) Besen took control of the group after buying out her parents and siblings.[4]

References

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  1. ^ Ryan, John (2010-05-14). "Sussan, Melbourne". Retail Week. Retrieved 2020-08-16.
  2. ^ a b "Marc Besen AC, b. 1923". National Portrait Gallery. Retrieved 5 May 2023.
  3. ^ a b "For Spring - article about Sussan (1985)". Sydney Morning Herald. 1985-07-27. p. 158. Retrieved 2020-12-16.
  4. ^ Wood, Leonie (11 November 2003). "Sussan heiress takes control". The Age. Fairfax Digital. Retrieved 26 January 2017.