Australian fashion retailer Cue is seeking a buyer as it faces falling sales, weaker profits and growing pressure from fast-fashion competitors. The potential sale puts a long-established high-street brand under scrutiny as consumer spending remains constrained and lower-cost online retailers gain market share.

The article reports that Cue’s financial performance has deteriorated, prompting the search for a purchaser. While the supplied text does not include detailed figures or a timetable for a sale, it presents fast fashion and difficult trading conditions as the main challenges facing the business.