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Then, in December 2015, the chain opened a new Melbourne CBD retailer, having exited Bourke Street Mall in 2011 when it was “outbid” by Swarosvki for the ‘flagship’ location where it had been mall positioned for more than a decade. While that determine signifies a loss of solely 5 stores, the story is more complicated – one that’s both unfavorable and constructive. However, when the takeover was accomplished, industry sources instructed the final sale was nearer to $48 million – a figure that many believed was nonetheless excessive. On a brighter notice, Mazzucchelli’s had elevated from 25 stores in 2010 to 30 in 2020, most of which are new places, with one Zamels retailer being transformed to Mazzucchelli’s. As a result, The Jewellery Group is now lower than half the size it was in 2010, working 60 shops, down from 127 . Even although the number of Emma & Roe …