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An announcement from Universal Store Holdings Ltd. ( (AU:UNI) ) is now available.
Universal Store Holdings has announced that long-serving Group Managing Director and Chief Executive Officer Alice Barbery will retire on 31 October 2026, after a 24-year association with the business and 17 years in senior leadership roles, including guiding its IPO and expansion of brands such as Perfect Stranger and the CTC business. She will be succeeded by current Universal Store and Perfect Stranger CEO George Do on 1 November 2026, with Barbery to join the board as a non-executive director in February 2027 and provide consulting support, signaling a carefully managed leadership transition designed to preserve the group’s culture, strategy and operational continuity for stakeholders.
The most recent analyst rating on (AU:UNI) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on Universal Store Holdings Ltd. stock, see the AU:UNI Stock Forecast page.
More about Universal Store Holdings Ltd.
Universal Store Holdings Ltd is an Australian omni-channel retailer focused on premium youth fashion, operating the Universal Store and Perfect Stranger banners as well as the CTC business, which trades the THRILLS and Worship brands. The company runs 120 physical stores across Australia alongside online channels, targeting fashion-focused customers with apparel and related products.
Average Trading Volume: 161,536
Technical Sentiment Signal: Buy
Current Market Cap: A$582.3M
For an in-depth examination of UNI stock, go to TipRanks’ Overview page.