<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The Glue Store fashion chain is closing as owner Accent Group pivots to concentrate on international brands.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>In an ASX announcement, the retail conglomerate said all 16 Glue Stores will be shut or sold off by the end of the financial year after the chain posted a first-half $8.4 million loss.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The statement did not give details about how many jobs would be impacted.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/woman-charged-operating-unregistered-daycare-sydney/8a32bc78-0bc4-4d67-bfaa-b20849aba401" target="_blank"><strong><span>Woman charged with $400,000 fraud over alleged illegal daycare</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Today, Accent Group reported a 5 per cent rise in revenues from last year to $816.9 million. After-tax profits dipped 40 per cent to $28.1 million due to increased costs.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Chief executive Daniel Agostinelli said return-to-school trading drove up sales in the first eight weeks of the second half of the financial year by 7 per cent, compared with the same period last year.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Accent Glue, the shoe retailer behind The Athlete's Foot and Hype DC, announced the closure of 17 Glue Stores in mid 2024, saying they were underperforming and not achieving required returns.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/all-glue-stores-to-close-in-australia/3d2d48af-3703-4315-b054-ba9b9f743363" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>It says it is now focusing on "growth opportunities" over the coming months from its global brands - Lacoste, Hoka and Sport Direct.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><em><span>NEVER MISS A STORY:</span></em></strong><span> </span><em><span>Get your breaking news and exclusive stories first by following us across all platforms.</span></em></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><ul><li><strong><em><span>Download the 9NEWS App here via</span></em></strong><span> </span><a href="https://apps.apple.com/au/app/9news/id1010533727" target="_blank"><strong><em><span>Apple</span></em></strong></a><span> </span><strong><em><span>and</span></em></strong><span> </span><a href="https://play.google.com/store/apps/details?id=nineNewsAlerts.nine.com&amp;hl=en_AU&amp;pli=1" target="_blank"><strong><em><span>Google Play</span></em></strong></a></li><li><strong><em><span>Make 9News your preferred source on Google by</span></em></strong><span> </span><a href="https://9.nine.com.au/8x987w" target="_blank"><strong><em><span>ticking this box here</span></em></strong></a></li><li><strong><em><span>Sign up to</span></em></strong><span> </span><a href="https://login.nine.com.au/edm?client_id=nineatnine" target="_blank"><strong><em><span>our breaking newsletter here</span></em></strong></a></li></ul></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span> </span></div></div>