Australia’s two richest folks — who each owe their fortunes to iron ore — might be combating it out for dominance in heritage workwear after it emerged Gina Rinehart had purchased out a direct competitor of Andrew Forrest’s RM Williams enterprise.
Mrs Rinehart has acquired the century-old model Rossi Boots through her pastoral enterprise S. Kidman & Co simply weeks after scooping up oilskin jacket retailer Drizabone earlier this month.
https://thewest.com.au/business/mergers-and-acquisitions/billionaire-boot-battle-gina-rinehart-buys-rossi-boots-in-fashion-investment-push-c-12913039