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David Jones reaches profitability for the first time in years

Inside Retail

Department store David Jones has clawed its way back into the black, according to a report in The Australian , after posting its first net profit since 2018. Accounts lodged with ASIC by David Jones’ holding firm Osiris Holdings tell of a healthy net profit of $83.4

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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

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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. When we first started the international business in 2018, I had some doubts,” vice president of Pop Mart and president of Pop Mart International, Justin Moon, told Inside Retail during a video call from his offices in Beijing.

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Top 4 Strategies to Maximize Your Sales During A Recession (2023)

Retalon

weeks in 2018 to an anticipated 5.8 billion — a 9% increase from a year ago — while the retailer’s net profit grew by more than 6%. Yes, the holiday shopping season is short–and apparently getting shorter. The average holiday shopping duration among consumers in the US has gone from an average of 7.1