400:. The HMV Group's agreement with Brazin was to phase out the HMV brand in Australia by 2010. Immediately after this acquisition of HMV's 32 outlets, this put Brazin at its peak with its 74 Virgin stores in addition to Sanity's 215 and EzyDVD's 63 outlets around the country (not counting non-entertainment retail chains within Brazin such as, Bras 'N' Things) and was by far Australia's largest entertainment retailer with close to 43% of the music retail market. However, most HMV stores in Australia had very high overhead costs due to their large footprints and expensive locations, thus most were gradually closed upon the end of rental leases. The remaining stores were re-branded to Sanity over the next five years. The one notable exception to closing HMV stores in 2005 saw Brazin instead close its large Sanity store 60 meters away on the corner of
237:). Brazin paid £7.7 million (A$ 21.8 million) to the Virgin Group while getting that exact amount back from Virgin for tax reasons. Brazin's managing director, Ian Duffel said that the UK music market was one of the strongest in the world that year and he expected a, "50 per cent increase in music revenues from day one." Further to the deal, Virgin would get 1 per cent of all turnover in the stores in conjunction to offering Brazin a £2 million loan facility. Brazin also made a commitment to restrict the size and proximity of its Sanity UK stores in order to ensure they do not pose a large competitive threat to Virgin's other music shops. In Australia, Brazin re-established the first
427:'s reliance on weekly information. However, it was reported that allegedly Brazin attempted to make ARIA pay an annual fee between $ 200,000 and $ 300,000 for their data through Sydney-based research firm, GFK. This was denied by Brazin, but six months later the company resumed data collection for ARIA. At that stage, Brazin's Entertainment Division included 254 Sanity, 22 HMV, 6 Virgin Megastores, and 62 Virgin at Myer stores. Some record label executives estimated their combined music retail market share at between 28% and 35%.
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and were branded Virgin at Myer. This solved Brazin's problem since 2002 by separating the Virgin and Sanity target markets by making Virgin more "family orientated" while leaving Sanity's "street edge" to continue. Exactly a year later, Brazin stated that after a rocky start (with staff recruitment issues and aligning products with the typical Myer customer), Virgin at Myer was up 45 per cent on comparative sales and was performing well.
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expectations not met. The Sanity name lived on in the UK for a very short while as rebranding was yet to occur, until
Primemist immediately struggled to operate the chain due to difficulties with credit and stock purchasing, thus, entered administration in December 2003, progressively shutting 99 outlets as buyers for the entire business or individual parts of it could not be found. By April 2004, administrators
56:, supported by a larger surrounding population. Before they purchased it, the Parkmore store was turning over $ 2,000 a week, but six months later as a Jetts outlet, it had increased to $ 15,000, and was subsidising the failing Pakenham store which was closed once the lease had expired. The Parkmore outlet lasted until 2010 under the Jetts, Delta, and Sanity branding.
435:"stagnant profits, market uncertainty around Brazin's entertainment business and challenging retail market conditions", the company would be better off in private hands without the pressures of the share market. Brazin's board and remaining shareholders agreed to Blundy's offer, leaving Brazin to be folded into BB Retail Capital and ceasing to exist in its own right.
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three years, requiring them to make all products available to other retailers at the time of release. In June of that year, Brazin opened the Gosh Coffee chain with an aim of 50 outlets within the year and ultimately reaching 200 to 300 nationwide. The store count at the end of June 2000 saw Sanity contain 233 outlets, and Bras 'N' Things with 120.
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after a year of testing in the market. It worked by giving the customer one point for every dollar spent across the Sanity/Virgin/HMV/IN2 Music/EzyDVD/Bras 'N' Things/Dusk/Diva/Ghetto/Insane store network, receiving a $ 5 discount voucher or other offers once 100 points were reached. Earlier in 2005,
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In June 2003, with Brazin's shareprice languishing at $ 0.55, some business analysts criticised the company's strategy of aggressive expansion in the Sanity brand – which they said may be cannibalising sales from sister stores – instead of concentrating on lifting the performance of existing outlets.
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shopping centre, in April 2002. Brazin also intended to use the Virgin brand to open 45 new stores in addition to converting 55 of its existing IN2 Music stores that had not already been rebranded as Sanity. However, the program stalled as Brazin battled internal disruptions and struggled to separate
204:
Australia (whose website did not offer downloading) followed through, removing all their CDs from their domestic stores, adding they were would do the same overseas. But the next week, Festival
Mushroom backed down, stating Sanity would simply be the wholesaler of their digital downloads for the next
166:
In
September 1998, Brazin introduced IN2 Music stores by converting three Delta outlets in North Queensland and outer Melbourne. Like Delta, IN2 Music targeted a wider demographic than Sanity's focus on the youth 16-26 age group, giving Brazin more scope after the collapse of adult-orientated chain,
116:
store to learn more about its culture and internal processes. When he found out the centre's only record shop closed without notice he brazenly talked his way into that lease with the centre manager, even though it was earmarked for another music retailer (that store ceased trading in 2010). Also in
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department store chain. Brazin agreed to buy all of Myer's remaining CD and DVD stock, recruit, train and pay their own staff, and work within Myer's systems and promotions. These concept stores were marketed separately to stand-alone Virgin
Megastores (due to their more limited stock availability)
191:
for a three-year online exclusivity window on all tracks downloaded from the label at Sanity's website. Rival retailers or other online services were meant to be blocked from
Festival Mushroom's catalogue for that period unless Sanity chose to strike separate deals with their rivals to let them in.
488:
In
November 2013, Sanity owner, Ray Itaoui, together with Blundy, each bought 50 per cent stakes in Bras 'N' Things, from private equity consortiums, ANZ and IMF Investors. Announcing the deal, Blundy said to the media, "Today, more than ever, I believe in Bras 'N' Things and our business model. I
59:
In 1986, Blundy and his business partner went their separate ways with Blundy selling his 60% stake in the eight-store Jetts chain to his former partner for $ 600,000. This left Blundy to pursue an idea he had three months before the Jetts sell-off, after he noticed one of his "fashionable" female
305:
which had 15 stores at the time, while the company also bought the 19-store footwear company, Ghetto, from Blundy's Yoda
Holdings. During this period of expansion, CEO Brett Blundy admitted that the Sanity chain needed to be restructured. He blamed heavy discounting in the DVD market, where large
434:
prices had gone up 21 per cent in the same period, Brazin's founder and majority shareholder, Brett Blundy, used his fully owned private retail investment company, BB Retail
Capital, to buy the remaining 37.6 per cent of the company he did not already own and make it private. He said that with
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for Virgin and its chain of more than 200 Sanity stores (at the time). As a result, the company's entertainment division posted a $ 27 million loss in financial year, 2002–03, and by mid-2004, Brazin had only managed to open 12 Virgin
Megastores. By the end of this year, Brazin sold out of its
358:
In
September 2003, even after increasing profitability across their store network, Brazin Limited sold all 118 Sanity UK stores (those, being the rebranded Our Price and VShop stores) to an investment firm called Primemist Limited, for an estimated £5 million (A$ 16.67 million), citing higher
104:
In 1990, Brazin Limited bought back the failed Jetts chain from the liquidators at a discount and began to progressively rebrand them as Delta music stores. Also in that year, with Bras 'N' Things expanded to 60 stores around the country, Bryan Luca started to progressively sell his remaining
163:– relaunching all of them as Sanity music stores on an ongoing basis (with staff, leases, etc. continuing at each store). After these acquisitions, Sanity and Delta had 148 outlets combined with Brazin publicly stating their aim was for 250 nationwide. The share price was now up to $ 2.29.
462:
services. According to IBISWorld, the tough times experienced by Sanity after being folded into BBRC resulted in its revenue declining 16 per cent in financial year 2008-09 and a further 21 per cent in 2009–10. By the end of 2008, BBRC sold its controlling interest in Bras 'N' Things to
76:, mainly selling brand name product, but gradually sourcing different lines independently of the franchise (his first run of 15 G-strings sold out in one day). Bryan Luca, the franchisor of The Bra Shop, entered into an agreement with Blundy to buy his three
178:
In May 1999, the company created Viva Lingerie, targeting a different demographic to Bras 'N' Things – the former, focused on young, price-conscious women. Also in that year, Brazin acquired another 9 lingerie retail stores from Triumph International.
489:
believe in our customer and I believe in our people." Asked about Itaoui, he added, "Ray has done a remarkable job with Sanity. We have always worked well together and I'm excited about our next venture taking Bras 'N' Things to the next level."
52:. The lease for this store was for a three-year period, but it was losing money from day one. Blundy and his partner found another unloved record store a year later, this time within a bigger shopping district at Parkmore Shopping Centre,
275:. The new British outlets were already starting to return on investments and overall company operating profit rose to 32 per cent in the year to 30 June 2002 to $ 22.1 million with Sanity-branded outlets then numbering 291 in Australia.
479:
headquarters (which Brazin used to operate in), Sanity Entertainment became a private company in its own right. As a result of the split, Pulse cards could only be used in BBRC's remaining store portfolio of Dusk, Diva, and Adairs.
262:
In November 2002, an additional 41 British VShop music and mobile phone stores were acquired from the Virgin Group for £2 million. Earlier that year, Brazin experienced many delays in rebranding the Our Price stores due to
212:
was appointed CEO with Brett Blundy moving down to run Brazin's strategic development, however eight months later he relinquished the position swapping roles with Blundy again. Duffell remained a director until April 2003.
504:
In November 2007, BB Retail Capital bought an 80 per cent stake in specialty manchester and soft furnishing retailer, Adairs, from its long-term owners, the MacLean family. Adairs operated 90 stores at that stage.
232:
music stores for a symbolic £2, and in turn gaining exclusive license rights in Australia for Virgin Entertainment (which last traded in Australia nine years before under the co-ownership of the Virgin Group and
290:
Under this cloud, Blundy's retail investment company, Yoda Holdings, made a bid to take full control and privatise the company at $ 0.78. But after this announcement, shares rallied over Blundy's offer and the
470:
In September 2009, CEO Brett Blundy sold the Entertainment Division of BB Retail Capital – which included the remaining 238 Sanity/Virgin/HMV store network – to BBRC's Head of Entertainment, Ray Itaoui, in a
318:
accounted for more than one-third of the industry's sales. (Within Sanity itself, DVD sales accounted for 30% in 2003, compared to just 6% in 2001.) More short-term, its six Sanity and Virgin music stores at
298:
to use recycled money from Brazin to buy out their own minority shareholders. A month later, Blundy withdrew the bid, offering little explanation, to the public bemusement of some Brazin executives.
112:. This occurred by chance thanks to Blundy's working knowledge of Doncaster Shoppingtown, as – while running his five-store company in the late 1980s – he worked as a casual shop assistant in its
454:
called, LoadIt. However the service was scrapped only four months after its launch as its popularity was hindered by uncompetitive pricing, restricted usability and heavy competition from
450:
In March 2008, after months of delay and development, Sanity responded to the expanding Internet media environment by launching an online music subscription service in partnership with
339:, cancelling many flights. Yet, Brazin continued with their strategy of not discounting its regular line of CDs and DVDs to meet heavy discounters and rapidly expanding rivals, such as
2512:
409:
Brazin dropped the underperforming Ghetto and Insane chains while picking up women's fashion accessories retailer, Diva – the former raising questions about Blundy's role at Brazin.
1785:"Brazin Limited Media Release: Brazin Announces NPAT of $ 10.5 Million (-12%) But EBIT From Continuing Operations Increased To $ 29.3 Million (+37%) For The Year Ended 26 June 2005"
343:
which was (and still is) eating away at Sanity's market share. Blundy cited the very thin profit margins gained from such discounts as the main reason for keeping prices near the
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player. Fast Tracks Kiosks were initially installed in Sydney's Sanity/Virgin/HMV stores, with plans to go country-wide if successful. Yet, Brazin chose not to proceed.
2330:
1997:
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and Causeway Lane which had operated since 1996 (that space in now occupied by a Forever New clothing store). Also in that month, Brazin officially launched its Pulse
255:
loss-making Gosh Coffee 16-store chain (of which, six were sold to Freshfood Hospitality Pty Ltd with three still in operation today), and City Live nightclub at
2407:
2107:
2164:
1272:
187:
In March 2000, Sanity's first foray into a digital music download service caused consternation within the industry when they signed a five-year deal with
68:. Knowing that most lingerie at that time were beige in colour with unflattering cuts, he wanted to sell underwear in various cuts and colours, alongside
2584:
1813:
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and a business partner he met from school bought two rundown record stores called Disco Stick. They immediately closed one, combined the stock into the
619:
424:
412:
In February 2006, Brazin rolled out in-store kiosks where customers could select their own songs to either burn on a CD or download directly into an
355:
before subtracting 24% in costs.) Also in this month, Greg Milne was appointed CEO, leaving Blundy to again move down to head strategic development.
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464:
865:
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Visible Results Solution, "Australian Retail's Most Innovative And Dynamic Customer Loyalty Program" Says Brazin Limited CEO | Visible Results
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and a guarantee to not trade in Victoria. Brazin Limited officially commenced operation after Blundy expanded Bras 'N' Things into
2248:
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that year, Blundy's company started the designer, marketer and distributor (no shopfronts) of women's surfwear brand, Aztec Rose.
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Victorian Bra Shop outlets to Blundy in groups of six at a time with all eventually being sold and renamed to Bras 'N' Things
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530:
125:
73:
2138:
579:
915:
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that were unheard of for casual wear. Three months later, he took out his first franchise in The Bra Shop chain at
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156:
887:
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283:
129:
2025:
1969:
716:"A Cisco Virtual Private Network records massive savings for Sanity Entertainment's chain of music stores"
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Brashs. IN2 Music expanded the next year after the company purchased a further 23 CC Records stores in
1492:"Brazin Limited Media Release: Independent Expert Determines Ghetto Acquisition 'Fair And Reasonable'"
438:
108:
The Sanity concept and brand was established and introduced by Brazin in 1992 with its first store at
1867:
1784:
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121:
77:
278:
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In May 2006, the company's entire 344-store Sanity/Virgin/HMV network withdrew sales data from the
109:
1464:
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1380:
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1123:
788:
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197:
41:
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271:. The company also shifted Sanity UK's headquarters from Our Price's central London offices to
587:
324:
513:
In December 2017, BBRC acquired a 17.99 per cent stake in footwear retailer and distributor
378:
328:
311:
238:
234:
124:, folding them into the Sanity/Delta network. Brazin Limited also listed publicly with the
2408:"Sanity Entertainment, owner of Virgin, HMV, sells to management team for undisclosed sum"
1874:
1273:"Australia: Brazin music company sells six Gosh Coffee outlets, in talks for sale of rest"
526:
405:
307:
246:
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168:
89:
85:
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BBRC was part of a consortium of three investors which acquired the fashion retail chain
2304:
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251:
217:
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423:, with Brazin CEO, Greg Milne citing the need for more updated day-to-day charts over
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401:
81:
49:
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352:
225:
45:
37:
20:
1921:
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based candle and gift-ware retailer Dusk, which operated 41 outlets at the time.
2300:"Brett Blundy goes overweight on underwear and buys other half of Bras N Things"
1681:
430:
In November 2006, after more than a year of a falling share price while average
420:
209:
148:
53:
910:
1328:
367:
360:
172:
113:
93:
65:
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268:
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229:
193:
160:
2539:"Universal Store still keen on physical stores as shares soar on ASX debut"
1193:
44:
store (situated in a small shopping arcade) and reopened as Jetts, selling
1099:
1045:"Australia: Lingerie Retailer Brazin Reveals Reshuffle (21 January 2002)"
672:
476:
340:
272:
69:
2331:"Bras N Things and BrightEyes Sunglasses bought back by previous owners"
2002:
1818:
1791:
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1441:
1385:
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1128:
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347:. (In August 1996, Sanity's general manager, Daniel Agostinelli, told
1974:
624:
620:"Meet Brett Blundy, Flogger of Lingerie, Jewelry, Adventure and Pies"
459:
302:
200:
both made public threats to boycott Festival Mushroom's content, but
152:
136:
722:
584:
Business Owners' Wisdom: Great Business Owners Share Their Stories
493:
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19:
is a private investment company founded by Australian businessman
2030:
693:
371:
140:
666:"Brazin Limited: Independent Expert's Report (1 December 2006)"
529:
for $ 110 million in June 2018. The company went public on the
132:
at $ 1.50 a share. Blundy retained a 62% stake in the company.
2487:"Blundy offloads Accent stake to UK's Fraser Group for $ 165m"
1148:
1146:
1011:
1009:
866:"Brazin outperforms, but is it under-priced? (27 August 1999)"
413:
397:
396:
In October 2005, Brazin acquired the Australian operations of
301:
In August 2003, Brazin acquired a 50 per cent shareholding in
201:
61:
2433:"Bras N Things sold to Hanes Australasia for $ 500 million"
1465:"Blundy's explanation as clear as mud to Brazin investors"
2567:
2108:"Short Stories: ARIA Loses Sanity, Keeps Grip on Charts"
911:"ABC Radio PM: HMV boycotts the Festival Mushroom Group"
351:
that each CD sold in the 60-store chain then made 27.5%
2513:"Universal Store added to Brett Blundy's IPO offerings"
120:
In 1997, the company acquired 14 CC Records outlets in
1124:"Virgin plays to youth in rebirth of music Megastores"
2165:"Let Brazin nurse its wounds in private, says Blundy"
1549:"After sex and rock'n'roll, a Brazin attempt on DVD"
366:
In July 2004, Brazin entered into an agreement with
331:, were hit hard by fewer passengers, spooked by the
80:stores in exchange for Luca's four underperforming
2511:
2359:"Blundy buys back Bras N Things (5 November 2013)"
139:music chain on its demise via its administrators,
1998:"Brazin finds snug fit in women's fashion outlet"
363:then closed the last 19 Sanity/Our Price stores.
294:attacked the move, saying it was an abuse of the
2353:
2351:
2324:
2322:
1068:"Brazin hits new low on 65% profit cut warning"
1920:. Australian Investment Review. Archived from
766:"Brazin plays a sweet tune (26 February 1999)"
492:In February 2018, Bras 'N' Things was sold to
135:In June 1998, it acquired 27 outlets from the
1437:"Blundy offer for Brazin angers shareholders"
1353:"Brazin lifts its profit in Virgin territory"
1245:"Brazin decides to change its tune yet again"
888:"News Corp Unit, Sainty.com Plan Online Deal"
573:
571:
569:
567:
8:
1753:
1751:
370:to open 62 Virgin concept stores within the
1599:"Evelyn Barry Departs Sanity Entertainment"
1324:"Sanity set to roll out stores from London"
1217:"Brazin brews up sale of Gosh Coffee chain"
1186:"Myer, Brazin in Virgin Entertainment deal"
267:, heritage listings, and negotiations with
2249:"Aus Retailer Sanity Loses LoadIt Service"
2193:"Brazin board supports BB Retail takeover"
2054:"Number's just about up for CDs: retailer"
1731:"Final Sanity shops shut as buyers sought"
660:
658:
656:
654:
652:
650:
648:
646:
644:
642:
517:. BBRC sold off its stake in August 2024.
216:In October 2001, Sanity expanded into the
2382:"Australia's Sanity in Management Buyout"
2274:"IBISWorld: Industry Insight (July 2011)"
2221:"No show for Sanity's online music store"
1842:"Brazin to buy HMV music stores for $ 4m"
1179:
1177:
1095:"BBC News: Virgin sheds Our Price stores"
1840:Breaking News, AAP (28 September 2005).
613:
611:
609:
607:
605:
603:
2457:Breaking News, AAP (28 November 2007).
2081:"Brazin splits from ARIA (29 May 2006)"
1888:"Streetwise Brazin looks to the future"
1760:"HMV Sells Australian Stores To Brazin"
1758:Eliezer, Christie (28 September 2005).
1704:"Administrators close 31 Sanity stores"
1409:"Blundy wants to reclaim Brazin at 78c"
817:"Oz's Sanity Bows Adult-Oriented Chain"
744:"Brazin breaks the bank (19 June 1998)"
541:
2293:
2291:
2191:Breaking News, AAP (3 November 2006).
2137:Eliezer, Christie (11 December 2006).
1814:"Brazin buys Dusk homewares for $ 24m"
1812:Breaking News, AAP (3 December 2004).
1624:"Brazin sells Sanity to Primemist Ltd"
815:Eliezer, Christie (5 September 1998).
550:"Senior Management Team: Brett Blundy"
2459:"BBRC takes majority stake in Adairs"
2298:Heathcote, Andrew (6 November 2013).
2026:"Sanity unveils digital music kiosks"
2024:Ramsay, Randolph (16 February 2006).
1970:"More blunders from Blundy at Brazin"
939:"New Deal Sounds Better To Retailers"
175:, and re-branded more Delta outlets.
60:store managers kept wearing a broken
7:
2537:Powell, Dominic (17 November 2020).
2406:Pallisco, Marc (26 September 2009).
2052:Sams, Christine (19 February 2006).
1300:. FreshFood Services. Archived from
1155:"Brazin to call tune in Myer stores"
618:Schmidt, Lucinda (30 January 2013).
143:, and the two remaining stores from
2380:Brandle, Lars (24 September 2009).
2329:Redrup, Yolanda (6 November 2013).
2139:"Brazin Data Returns To Aus Charts"
1381:"Brazin music earnings out of tune"
1271:Team, Editorial (7 December 2001).
1018:"Brazin's founder hands over reins"
292:Australian Shareholders Association
1947:"JB HiFi: Is NOW the time to buy?"
1886:Irvine, Jessica (24 August 2005).
1576:"EzyDVD is 50% acquired by Brazin"
1016:Jackson, Allison (6 August 2003).
937:Donovan, Patrick (17 March 2000).
787:Cresswell, Ellen (22 April 1998).
496:for an estimated AU$ 500 million.
389:In December 2004, Brazin acquired
220:via two related transactions with
14:
2585:Private equity firms of Australia
2247:Brandle, Lars (3 December 2008).
1650:"Sanity goes into administration"
1463:Jackson, Allison (11 July 2003).
1243:Jackson, Allison (17 July 2003).
128:in December of that year with an
2163:Ooi, Teresa (18 November 2006).
1996:McMahon, Stephen (27 May 2005).
1675:Team, Online (5 December 2003).
1435:Jackson, Allison (6 June 2003).
1407:Jackson, Allison (4 June 2003).
909:Adcock, Bronwyn (9 March 2000).
694:"Sanity Entertainment: About Us"
446:, this store closed in July 2013
2106:Mezack, Mary (9 October 2006).
1949:. Value Analysis. 28 March 2012
1122:Lawson, Annie (16 April 2002).
966:"Brazin Limited (16 June 2000)"
2510:Carter, Bridget (2020-10-21).
1519:Wood, Leonie (10 April 2003).
531:Australian Securities Exchange
126:Australian Securities Exchange
74:Chirnside Park Shopping Centre
1:
1968:Dyer, Glenn (9 August 2005).
1729:Team, Online (2 April 2004).
1677:"BDO hopes to save Our Price"
1597:Brandle, Lars (6 July 2009).
1379:Wood, Leonie (6 March 2003).
1351:Todd, Mark (23 August 2002).
1215:Todd, Mark (8 October 2001).
1153:Wood, Leonie (28 July 2004).
844:"Brazin Limited (7 May 1999)"
2485:Nichols, Nick (2024-08-28).
2219:Moses, Asher (28 May 2007).
1547:Cant, Sue (22 August 2003).
1521:"Brazin suffering in Sanity"
1184:Wiland, Eva (29 July 2004).
1066:Todd, Mark (10 April 2003).
442:A Sanity outlet within the
382:A Sanity outlet within the
2601:
2543:The Sydney Morning Herald
384:Northgate Shopping Centre
189:Festival Mushroom Records
789:"Brazin acquires Brashs"
444:Watergardens Town Centre
345:recommended retail price
228:, acquiring 77 troubled
2491:Business News Australia
2412:RealEstateSource.com.au
2083:. ZGeek. Archived from
284:Westfield Fountain Gate
282:A Sanity outlet within
130:initial public offering
64:, held together with a
968:. Intelligent Investor
868:. Intelligent Investor
846:. Intelligent Investor
768:. Intelligent Investor
746:. Intelligent Investor
475:. Still retaining its
447:
386:
286:
110:Doncaster Shoppingtown
2464:Sydney Morning Herald
2226:Sydney Morning Herald
2198:Sydney Morning Herald
2059:Sydney Morning Herald
1893:Sydney Morning Herald
1847:Sydney Morning Herald
1414:Sydney Morning Herald
1358:Sydney Morning Herald
1298:"Robert Timms: Cafes"
1222:Sydney Morning Herald
1160:Sydney Morning Herald
1073:Sydney Morning Herald
1023:Sydney Morning Herald
578:Kelly, Brett (2012).
533:on 17 November 2020.
441:
381:
281:
36:In 1980, 20-year-old
992:Intelligent Investor
586:. Clown Publishing.
2118:on 13 December 2013
2087:on 10 February 2013
1873:20 May 2013 at the
1630:. 24 September 2003
552:. BB Retail Capital
467:and IMF Investors.
1656:. 25 November 2003
1578:. Telecompaper.com
1304:on 6 February 2012
994:. 14 December 2014
473:management buy-out
448:
402:Bourke Street Mall
387:
287:
198:Leading Edge Music
1710:. 13 January 2004
1103:. 18 October 2001
988:"Brazin Overview"
593:978-0-980776-53-9
494:Hanes Australasia
325:Melbourne Airport
208:In January 2001,
145:Blockbuster Music
2592:
2571:
2570:
2568:Official website
2554:
2553:
2551:
2549:
2534:
2528:
2527:
2525:
2524:
2515:
2507:
2501:
2500:
2498:
2497:
2482:
2476:
2475:
2473:
2471:
2454:
2448:
2447:
2445:
2444:
2429:
2423:
2422:
2420:
2418:
2403:
2397:
2396:
2394:
2392:
2377:
2371:
2370:
2368:
2366:
2355:
2346:
2345:
2343:
2341:
2326:
2317:
2316:
2314:
2312:
2295:
2286:
2285:
2283:
2281:
2270:
2264:
2263:
2261:
2259:
2244:
2238:
2237:
2235:
2233:
2216:
2210:
2209:
2207:
2205:
2188:
2182:
2181:
2179:
2177:
2160:
2154:
2153:
2151:
2149:
2134:
2128:
2127:
2125:
2123:
2114:. Archived from
2103:
2097:
2096:
2094:
2092:
2077:
2071:
2070:
2068:
2066:
2049:
2043:
2042:
2040:
2038:
2021:
2015:
2014:
2012:
2010:
1993:
1987:
1986:
1984:
1982:
1965:
1959:
1958:
1956:
1954:
1943:
1937:
1936:
1934:
1932:
1927:on 20 March 2012
1926:
1919:
1911:
1905:
1904:
1902:
1900:
1883:
1877:
1865:
1859:
1858:
1856:
1854:
1837:
1831:
1830:
1828:
1826:
1809:
1803:
1802:
1800:
1798:
1789:
1781:
1775:
1774:
1772:
1770:
1755:
1746:
1745:
1743:
1741:
1726:
1720:
1719:
1717:
1715:
1700:
1694:
1693:
1691:
1689:
1672:
1666:
1665:
1663:
1661:
1646:
1640:
1639:
1637:
1635:
1620:
1614:
1613:
1611:
1609:
1594:
1588:
1587:
1585:
1583:
1572:
1566:
1565:
1563:
1561:
1544:
1538:
1537:
1535:
1533:
1516:
1510:
1509:
1507:
1505:
1496:
1488:
1482:
1481:
1479:
1477:
1460:
1454:
1453:
1451:
1449:
1432:
1426:
1425:
1423:
1421:
1404:
1398:
1397:
1395:
1393:
1376:
1370:
1369:
1367:
1365:
1348:
1342:
1341:
1339:
1337:
1320:
1314:
1313:
1311:
1309:
1294:
1288:
1287:
1285:
1283:
1268:
1262:
1261:
1259:
1257:
1240:
1234:
1233:
1231:
1229:
1212:
1206:
1205:
1203:
1201:
1192:. Archived from
1181:
1172:
1171:
1169:
1167:
1150:
1141:
1140:
1138:
1136:
1119:
1113:
1112:
1110:
1108:
1091:
1085:
1084:
1082:
1080:
1063:
1057:
1056:
1054:
1052:
1041:
1035:
1034:
1032:
1030:
1013:
1004:
1003:
1001:
999:
984:
978:
977:
975:
973:
962:
956:
955:
953:
951:
934:
928:
927:
925:
923:
906:
900:
899:
897:
895:
884:
878:
877:
875:
873:
862:
856:
855:
853:
851:
840:
834:
833:
831:
829:
812:
806:
805:
803:
801:
784:
778:
777:
775:
773:
762:
756:
755:
753:
751:
740:
734:
733:
731:
729:
720:
712:
706:
705:
703:
701:
690:
684:
683:
681:
679:
670:
662:
637:
636:
634:
632:
615:
598:
597:
575:
562:
561:
559:
557:
546:
361:BDO Stoy Hayward
329:Heathrow Airport
296:Corporations Act
239:Virgin Megastore
235:Blockbuster Inc.
2600:
2599:
2595:
2594:
2593:
2591:
2590:
2589:
2575:
2574:
2566:
2565:
2562:
2557:
2547:
2545:
2536:
2535:
2531:
2522:
2520:
2509:
2508:
2504:
2495:
2493:
2484:
2483:
2479:
2469:
2467:
2456:
2455:
2451:
2442:
2440:
2431:
2430:
2426:
2416:
2414:
2405:
2404:
2400:
2390:
2388:
2379:
2378:
2374:
2364:
2362:
2361:. Inside Retail
2357:
2356:
2349:
2339:
2337:
2328:
2327:
2320:
2310:
2308:
2297:
2296:
2289:
2279:
2277:
2272:
2271:
2267:
2257:
2255:
2246:
2245:
2241:
2231:
2229:
2218:
2217:
2213:
2203:
2201:
2190:
2189:
2185:
2175:
2173:
2162:
2161:
2157:
2147:
2145:
2136:
2135:
2131:
2121:
2119:
2105:
2104:
2100:
2090:
2088:
2079:
2078:
2074:
2064:
2062:
2051:
2050:
2046:
2036:
2034:
2023:
2022:
2018:
2008:
2006:
1995:
1994:
1990:
1980:
1978:
1967:
1966:
1962:
1952:
1950:
1945:
1944:
1940:
1930:
1928:
1924:
1917:
1913:
1912:
1908:
1898:
1896:
1885:
1884:
1880:
1875:Wayback Machine
1866:
1862:
1852:
1850:
1839:
1838:
1834:
1824:
1822:
1811:
1810:
1806:
1796:
1794:
1787:
1783:
1782:
1778:
1768:
1766:
1757:
1756:
1749:
1739:
1737:
1728:
1727:
1723:
1713:
1711:
1702:
1701:
1697:
1687:
1685:
1674:
1673:
1669:
1659:
1657:
1648:
1647:
1643:
1633:
1631:
1622:
1621:
1617:
1607:
1605:
1596:
1595:
1591:
1581:
1579:
1574:
1573:
1569:
1559:
1557:
1546:
1545:
1541:
1531:
1529:
1518:
1517:
1513:
1503:
1501:
1494:
1490:
1489:
1485:
1475:
1473:
1462:
1461:
1457:
1447:
1445:
1434:
1433:
1429:
1419:
1417:
1406:
1405:
1401:
1391:
1389:
1378:
1377:
1373:
1363:
1361:
1350:
1349:
1345:
1335:
1333:
1332:. 20 April 2002
1322:
1321:
1317:
1307:
1305:
1296:
1295:
1291:
1281:
1279:
1270:
1269:
1265:
1255:
1253:
1242:
1241:
1237:
1227:
1225:
1214:
1213:
1209:
1199:
1197:
1196:on 9 March 2011
1183:
1182:
1175:
1165:
1163:
1152:
1151:
1144:
1134:
1132:
1121:
1120:
1116:
1106:
1104:
1093:
1092:
1088:
1078:
1076:
1065:
1064:
1060:
1050:
1048:
1043:
1042:
1038:
1028:
1026:
1015:
1014:
1007:
997:
995:
986:
985:
981:
971:
969:
964:
963:
959:
949:
947:
936:
935:
931:
921:
919:
908:
907:
903:
893:
891:
886:
885:
881:
871:
869:
864:
863:
859:
849:
847:
842:
841:
837:
827:
825:
814:
813:
809:
799:
797:
786:
785:
781:
771:
769:
764:
763:
759:
749:
747:
742:
741:
737:
727:
725:
718:
714:
713:
709:
699:
697:
696:. Sanity Online
692:
691:
687:
677:
675:
668:
664:
663:
640:
630:
628:
617:
616:
601:
594:
577:
576:
565:
555:
553:
548:
547:
543:
539:
527:Universal Store
523:
521:Universal Store
511:
502:
486:
432:S&P/ASX 200
306:chains such as
247:The Jam Factory
222:Richard Branson
185:
169:South Australia
102:
90:South Australia
86:New South Wales
34:
29:
12:
11:
5:
2598:
2596:
2588:
2587:
2577:
2576:
2573:
2572:
2561:
2560:External links
2558:
2556:
2555:
2529:
2518:The Australian
2502:
2477:
2449:
2424:
2398:
2372:
2347:
2318:
2287:
2265:
2239:
2211:
2183:
2170:The Australian
2155:
2129:
2098:
2072:
2044:
2016:
1988:
1960:
1938:
1915:"The New Oil?"
1906:
1878:
1860:
1832:
1804:
1776:
1747:
1721:
1695:
1667:
1641:
1615:
1589:
1567:
1539:
1511:
1483:
1455:
1427:
1399:
1371:
1343:
1315:
1289:
1263:
1235:
1207:
1173:
1142:
1114:
1086:
1058:
1036:
1005:
979:
957:
929:
901:
890:. Telecompaper
879:
857:
835:
807:
779:
757:
735:
707:
685:
638:
599:
592:
580:"Brett Blundy"
563:
540:
538:
535:
522:
519:
510:
507:
501:
498:
485:
482:
321:Sydney Airport
252:target markets
218:United Kingdom
184:
181:
101:
98:
33:
30:
28:
25:
13:
10:
9:
6:
4:
3:
2:
2597:
2586:
2583:
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2580:
2569:
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2563:
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2544:
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2514:
2506:
2503:
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2450:
2438:
2434:
2428:
2425:
2413:
2409:
2402:
2399:
2387:
2383:
2376:
2373:
2360:
2354:
2352:
2348:
2336:
2335:Smart Company
2332:
2325:
2323:
2319:
2307:
2306:
2301:
2294:
2292:
2288:
2275:
2269:
2266:
2254:
2250:
2243:
2240:
2228:
2227:
2222:
2215:
2212:
2200:
2199:
2194:
2187:
2184:
2172:
2171:
2166:
2159:
2156:
2144:
2140:
2133:
2130:
2117:
2113:
2109:
2102:
2099:
2086:
2082:
2076:
2073:
2061:
2060:
2055:
2048:
2045:
2033:
2032:
2027:
2020:
2017:
2005:
2004:
1999:
1992:
1989:
1977:
1976:
1971:
1964:
1961:
1948:
1942:
1939:
1923:
1916:
1910:
1907:
1895:
1894:
1889:
1882:
1879:
1876:
1872:
1869:
1864:
1861:
1849:
1848:
1843:
1836:
1833:
1821:
1820:
1815:
1808:
1805:
1793:
1786:
1780:
1777:
1765:
1761:
1754:
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1748:
1736:
1732:
1725:
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1709:
1705:
1699:
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1684:
1683:
1678:
1671:
1668:
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1642:
1629:
1625:
1619:
1616:
1604:
1600:
1593:
1590:
1577:
1571:
1568:
1556:
1555:
1550:
1543:
1540:
1528:
1527:
1522:
1515:
1512:
1500:
1493:
1487:
1484:
1472:
1471:
1466:
1459:
1456:
1444:
1443:
1438:
1431:
1428:
1416:
1415:
1410:
1403:
1400:
1388:
1387:
1382:
1375:
1372:
1360:
1359:
1354:
1347:
1344:
1331:
1330:
1325:
1319:
1316:
1303:
1299:
1293:
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1278:
1274:
1267:
1264:
1252:
1251:
1246:
1239:
1236:
1224:
1223:
1218:
1211:
1208:
1195:
1191:
1187:
1180:
1178:
1174:
1162:
1161:
1156:
1149:
1147:
1143:
1131:
1130:
1125:
1118:
1115:
1102:
1101:
1096:
1090:
1087:
1075:
1074:
1069:
1062:
1059:
1046:
1040:
1037:
1025:
1024:
1019:
1012:
1010:
1006:
993:
989:
983:
980:
967:
961:
958:
946:
945:
940:
933:
930:
918:
917:
912:
905:
902:
889:
883:
880:
867:
861:
858:
845:
839:
836:
824:
823:
818:
811:
808:
796:
795:
790:
783:
780:
767:
761:
758:
745:
739:
736:
724:
717:
711:
708:
695:
689:
686:
674:
667:
661:
659:
657:
655:
653:
651:
649:
647:
645:
643:
639:
627:
626:
621:
614:
612:
610:
608:
606:
604:
600:
595:
589:
585:
581:
574:
572:
570:
568:
564:
551:
545:
542:
536:
534:
532:
528:
520:
518:
516:
508:
506:
499:
497:
495:
490:
483:
481:
478:
474:
468:
466:
461:
457:
453:
445:
440:
436:
433:
428:
426:
422:
417:
415:
410:
407:
403:
399:
394:
392:
385:
380:
376:
373:
369:
364:
362:
356:
354:
350:
346:
342:
338:
334:
330:
327:, and London
326:
322:
317:
313:
309:
304:
299:
297:
293:
285:
280:
276:
274:
270:
266:
260:
258:
253:
248:
244:
243:Chapel Street
240:
236:
231:
227:
223:
219:
214:
211:
206:
203:
199:
195:
190:
182:
180:
176:
174:
170:
164:
162:
158:
157:Chapel Street
154:
150:
146:
142:
138:
133:
131:
127:
123:
118:
115:
111:
106:
99:
97:
95:
91:
87:
83:
82:Bras N Things
79:
75:
71:
67:
63:
57:
55:
51:
47:
46:vinyl records
43:
39:
31:
26:
24:
22:
18:
2546:. Retrieved
2542:
2532:
2521:. Retrieved
2517:
2505:
2494:. Retrieved
2490:
2480:
2468:. Retrieved
2462:
2452:
2441:. Retrieved
2439:. 2018-02-09
2436:
2427:
2415:. Retrieved
2411:
2401:
2389:. Retrieved
2385:
2375:
2363:. Retrieved
2338:. Retrieved
2334:
2309:. Retrieved
2303:
2278:. Retrieved
2268:
2256:. Retrieved
2252:
2242:
2230:. Retrieved
2224:
2214:
2202:. Retrieved
2196:
2186:
2174:. Retrieved
2168:
2158:
2146:. Retrieved
2142:
2132:
2120:. Retrieved
2116:the original
2111:
2101:
2089:. Retrieved
2085:the original
2075:
2063:. Retrieved
2057:
2047:
2035:. Retrieved
2029:
2019:
2007:. Retrieved
2001:
1991:
1979:. Retrieved
1973:
1963:
1951:. Retrieved
1941:
1929:. Retrieved
1922:the original
1909:
1897:. Retrieved
1891:
1881:
1863:
1851:. Retrieved
1845:
1835:
1823:. Retrieved
1817:
1807:
1795:. Retrieved
1779:
1767:. Retrieved
1763:
1738:. Retrieved
1734:
1724:
1712:. Retrieved
1707:
1698:
1686:. Retrieved
1680:
1670:
1658:. Retrieved
1653:
1644:
1632:. Retrieved
1627:
1618:
1606:. Retrieved
1602:
1592:
1580:. Retrieved
1570:
1558:. Retrieved
1552:
1542:
1530:. Retrieved
1524:
1514:
1502:. Retrieved
1486:
1474:. Retrieved
1468:
1458:
1446:. Retrieved
1440:
1430:
1418:. Retrieved
1412:
1402:
1390:. Retrieved
1384:
1374:
1362:. Retrieved
1356:
1346:
1334:. Retrieved
1327:
1318:
1306:. Retrieved
1302:the original
1292:
1280:. Retrieved
1276:
1266:
1254:. Retrieved
1248:
1238:
1226:. Retrieved
1220:
1210:
1198:. Retrieved
1194:the original
1189:
1164:. Retrieved
1158:
1135:23 September
1133:. Retrieved
1127:
1117:
1105:. Retrieved
1098:
1089:
1077:. Retrieved
1071:
1061:
1049:. Retrieved
1047:. Just Style
1039:
1027:. Retrieved
1021:
996:. Retrieved
991:
982:
970:. Retrieved
960:
948:. Retrieved
942:
932:
920:. Retrieved
914:
904:
892:. Retrieved
882:
870:. Retrieved
860:
848:. Retrieved
838:
826:. Retrieved
820:
810:
798:. Retrieved
792:
782:
770:. Retrieved
760:
748:. Retrieved
738:
726:. Retrieved
710:
698:. Retrieved
688:
678:22 September
676:. Retrieved
629:. Retrieved
623:
583:
554:. Retrieved
544:
524:
515:Accent Group
512:
509:Accent Group
503:
491:
487:
469:
449:
429:
418:
411:
406:loyalty card
395:
388:
365:
357:
353:gross profit
348:
300:
288:
261:
226:Virgin Group
215:
207:
186:
177:
165:
134:
119:
107:
103:
58:
38:Brett Blundy
35:
21:Brett Blundy
16:
15:
2417:26 November
2391:26 November
2276:. IBISWorld
1735:Retail Week
1682:Retail Week
421:ARIA Charts
259:in Sydney.
257:Fox Studios
210:Ian Duffell
149:Pitt Street
84:outlets in
54:Keysborough
2523:2024-08-31
2496:2024-08-31
2470:23 October
2443:2022-05-28
2065:25 January
1769:23 January
1708:Music Week
1654:Music Week
1628:Music Week
1329:Music Week
1308:10 October
1282:10 October
1190:MuzInk.com
537:References
368:Coles Myer
173:Queensland
114:Just Jeans
94:Queensland
66:safety pin
2548:31 August
2386:Billboard
2253:Billboard
2143:Billboard
1764:Billboard
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