Best & Less Group Holdings Ltd Best & Less Group Holdings Ltd (ASX:BST) operates as a value-oriented apparel specialty retailer focused on retailing and importing clothing, footwear, and other soft goods for men, women, children, and babies across Australia and New Zealand. The company offers a broad portfolio of products including underwear, lingerie, sleepwear, pajamas, thermals, essentials, lifestyle items, homewares, accessories, health and beauty products, and sports goods; it stocks third-party national brands such as Tradie, Underworks, and Bonds alongside its own-brand merchandise, serving value-conscious families through an omnichannel network comprising approximately 250 physical stores and online platforms under the Best&Less brand in Australia and the Postie brand in New Zealand. Founded in 1965 with its first store in Parramatta and headquartered in Sydney, New South Wales, the company caters to target customers aged 18 to 54, particularly mothers with children, and serves around 19.5 million customers annually with a workforce exceeding 4,000 employees; its subsidiaries include Best & Less Pty Ltd, Postie Plus Group Ltd, B&L IP Pty Ltd, and others. In mid-2023, BB Retail Capital Pty Ltd, led by Brett Blundy and Ray Itaoui, completed a takeover by acquiring over 90% of shares at A$1.89 per share through an off-market offer, invoking compulsory acquisition to delist the company from the ASX and take it private; Ray Itaoui assumed the role of permanent CEO, replacing interim leadership. The group maintains a global supply chain with over 1,181 direct suppliers and continues to enhance its product lifecycle management system for greater transparency in own-brand production while expanding its online e-commerce operations.