Betts Group

Betts Group Pty Ltd (formerly Breckler Brothers and Cecil Bros Pty Ltd) is an Australian footwear retailer based in Perth. The head office in located at 32 Millrose Drive, Malaga, Western Australia. Betts have been in the industry for over 120 years, and have recently expanded their operation to include the sale of shoes online. The Betts Group currently owns the brands Betts (formerly Betts & Betts), Betts Kids (formerly Betts & Betts Kids), ZU, Airflex, Betts Brand Direct, Betts for Her. The organisation operates across all Australian states, and owns 206 stores in total (both interstate and international).

The business is built on a financial model based on 98% shoe and 2% handbag sales. The business, which is 100% retail, does not manufacture any of its products, and instead imports its footwear and other accessories from overseas suppliers.

The company is unrelated to the laminate tube producer Betts Group, owned by packaging specialist Albéa (formerly Alcan Packaging Beauty).

Yoel Breckler, a Russian immigrant, founded the boot repair store Breckler Brothers in Fremantle, Western Australia, in 1892. This family business that he had established was continued by his wife Fanny Brecker (née Masel, 1877–1942) and two sons, Cecil and Alec, after his death in 1912. Fanny opened the first store in Hay Street in the 1920s. The company has since changed its name at various times in its long history, including Cecil Bros, and Betts. In 1985, Andrew and Danny Breckler took over the family's business. The recent introduction of major suburban retail shopping centres had brought in competition from both national and international players. This development had created a difficult situation for local retailers, and put pressure on sales and margins. To combat this, Andrew started to expand the operations into the states of Victoria, New South Wales and the Northern Territory, with the aid of numerous acquisitions the company had made in the 1980s and early 1990s. During this time, Andrew helped the company become the "largest privately owned footwear group in Australia". At the turn of the millennium, Danny, who was faced with a second surge of increased competition, repositioned the Betts Group, thereby changing it into a "vertically integrated business that could design and source its own products". The brand Zu Shoes was established in March 2003, and Danny soon started designing and developing footwear products and accessories for manufacture in China. To reduce the level of third-party involvement in acquiring product from Chinese manufacturers, he also developed the Betts Group China Resource Centre, which handled quality control and transportation.

...
Wikipedia