Our Story
Culture Defines Us. Brett Blundy founded BBRC with an unwavering focus on culture. The BBRC 10+1 Cultural Commitments aren't just values—they're the blueprint for how we operate and behave. Since founding the company, these commitments have proven time and again that great culture is the essential ingredient for long-term success.
Brett's track record speaks for itself: he turned a single record store in 1980 into a $3 billion retail empire built on expertise, culture, and continuous learning. He founded Lovisa (ASX:LOV), a multi-billion dollar company with over 1,000 stores globally, and has built and sold multiple lingerie brands including Bras-N-Things to Hanes and Honey Birdette to Playboy.
45
+
Year track record
Of successfully creating, growing and investing in businesses
Why We do,
BBRC's success has been rooted in a culture of continuous improvement. We have never arrived.
Since the creation of the first record store, BBRC has been laser focused on serving customers. It is at the centre of everything we do. This focus has led BBRC to create, grow and invest in a variety of consumer businesses spanning lingerie, fashion jewellery, homewares, and footwear categories. While our story began with retail, BBRC is fundamentally opportunistic and our portfolio today consists of many non-consumer focused investments.
We have a strong bias towards action and a deep-seated drive to continuously improve. Success comes through our efforts as a team, where everyone is encouraged to contribute ideas and take ownership of outcomes.
WhAt We do,
Partner
Add value & Support
Scale & improve
Reinvest
Our Culture
Defines us. One can look no further than the BBRC 10+1 Cultural Commitments to understand how BBRC operates and behaves. The 10+1 has been a bedrock for BBRC since Day 1, and has proven time and again, that a great culture is the essential ingredient to long-term success.
10+1 commitmentsDo it
NOW!
+1 commitment
Can do attitude
Customer satisfaction & perfect service
Respect
Continuous improvment via workout
Communicate
Costs
Accountability
Teamwork
Trust
Integrity
Do it
NOW!
+1 Commitment
Our journey
45+ Years of Investing, Building, and Scaling Companies
Patient capital. Proven expertise.
Where customer focus is always #1
Compounding growth & learnings
Our Experience
Lovisa
Lovisa is a fashion-forward jewellery brand that caters to woman around the world, with 150 new styles being delivered to stores globally each week. Lovisa spans the globe and is available in over 45+ countries through more than 1000+ stores. Brett Blundy founded the business in 2010, and the company was publicly listed in 2014. Today, Brett still serves as Chairman of the Board (ASX: LOV).
Psycho Bunny
BBRC partnered with Psycho Bunny in 2022 to accelerate the premium apparel brand's retail expansion and strategic development. Known for its distinctive menswear, womenswear, and kids' collections, Psycho Bunny has rapidly scaled its retail footprint through a multi-channel approach encompassing direct-to-consumer stores, robust e-commerce, and select wholesale partnerships with premium retailers.
Honey Birdette Lingerie (Exited)
Honey Birdette began in 2006 over a glass of champagne between two friends. In 2011, BBRC partnered with Honey Birdette to help grow and expand their brand to 60 stores across 3 continents. The business focused on developing and designing lingerie with products sold predominantly online (50%+). In June 2021, Honey Birdette was sold to Playboy Group for $439m AUD.
Universal Store (Exited)
Universal Store is an Australian retailer of global street and youth apparel, footwear and accessories targeting 15–25-year-olds that was founded in Brisbane in 1999. In October of 2018, BBRC in partnership with Five V led the investment in Universal Store. Universal Store was publicly listed in November 2020 (ASX: UNI). BBRC fully exited its position in August 2021.