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Super Retail Group delivers record sales, eyes expansion

Inside Retail

billion although tax-paid net profit fell 20 per cent to $244.1 Online sales grew 44 per cent to $601 million with click-and-collect accounting for 55 per cent of online sales — surging 73 per cent to $332 million. For the year to July 2, the business says sales grew 2.8 per cent to $3.55

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Mango profits double as sales hit record €3bn

Retail Gazette

Mango has seen its net profit more than double as it rose to €172m (£147m) for the year to 31 December 2023 compared to €81m (£69m) last year. Online turnover also soared to over €1bn for the first time as it accounted for 33% of the group’s total turnover.

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Online drives H&M profit recovery – but sales still lag pre-Covid era

Inside Retail

H&M grew its online business by 24 per cent last year to the point e-commerce now accounts for about one-third of its total sales. In what the Stockholm-headquartered multinational fast-fashion retailer described as a “strong recovery” H&M increased its net profit nearly seven-fold to US$1.5 billion. “By

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Is a marketplace the silver bullet for Baby Bunting?

Inside Retail

On Friday morning, baby-goods retailer Baby Bunting revealed a 51 per cent drop in net profit during FY23, though sales ticked up 1.7 The retailer also has 750,000 active loyalty customers – 10 per cent of whom account for up to half of its sales. During the same period, its cost of doing business rose to $161.7

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Inside Shinsegae: The Korean department store with a golden boot

Inside Retail

Luxe is forecast to account for up to 60% of Shinsegae’s department store sales by 2024, a 50% rise from in share from the level in 2021. enjoyed an increase in net profit of nearly 400 percent. The company plans to invest 20 trillion won (US$14.4 Online sales rose by 12.2 The parent company, Shinsegae Inc., Going mega.

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WBA Q2 results top expectations

Mass Relators

. — Walgreens Boots Alliance’s second quarter sales and earnings topped Wall Street’s forecast, even as its net profit slid more than 20%. WBA’s net profit of $703 million, or 81 cents a share, was down from $883 million, or $1.02 Gross profit decreased 0.7 The company reported adjusted earnings per share of $1.16

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How Chinese toy giant Pop Mart thinks local, dominates global

Inside Retail

But within a few weeks, the local non-Asian population was accounting for four out of every five sales. Typically, these collections are planned a year in advance of launch and take 10 months to develop. We plan to expand these collaborations globally,” Moon said. “I A design centre draws talent from all over China and abroad.

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