Chris Malcolm is clearly a passionate retailer. His franchise group has 79 stores across Australia and the group accounts for around $110 million in sales. Clark Rubber is a name as old as our parents and with a brand recall that would embarrass many giant public companies.
But it wasn’t always like this. Clark Rubber was itself once a public company and acquired by AdStream in the 1970s. Poor management and declining sales saw the final store close in the 1980s. Dead and buried.
Chris Malcolm didn’t think so. He approached the (then) owner of the brand and opened his first store in Nunawading with a broad range of foams, rubber and pool accessories. Over time, the range grew to exceed 20,000 product lines and Clark Rubber went on to win the Australian Franchise of the Year.
Today, the “Clarkee” mascot is heard and seen across Australia on radio, print and television. Now your kids know Clark Rubber as well as your parents!
Chris Malcolm and Clark Rubber are a great Australian success story and proudly one of Fordham’s business owner clients.
Commenced with Fordham in 1984 as a graduate and progressed to partner level in 1997
Richard’s diverse background equips him to manage the varied needs of his large portfolio of private business clients; from valuations and sales, to taxation and superannuation planning. He has had significant exposure to capital markets, including purchase and acquisition, mergers, valuations, capital raisings, finance and sale of business. He has also been heavily involved in helping clients with succession planning, including exiting via the sale of their business.
Richard has a depth of experience in helping clients manage the transition of their wealth from the business to life beyond the business, including the setup of a family office and is a trusted adviser to families over multiple generations.
Responsible, insightful and understanding, Richard is an important asset to Fordham and his clients.
Industry specialisation: Private businesses, their owners and wealthy family’s.