Meet Australia’s ‘Fashion Billionaires’ | BoF

Walk into almost any shopping centre or outdoor mall in Australia, and you’ll likely find a Cotton On store. These days you even come across the brand in markets as far afield as the US, Brazil and South Africa. Parent company Cotton On Group boasts over 1500 outlets in 22 countries, a sign of how far it has come since founder Nigel Austin famously started out selling acid-wash denim from the boot of his car in the late 1980s.

Austin went on to open his first Cotton On store in 1991 in the…