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How Mosaic Brands’ rapid expansion led to its devastating collapse

Inside Retail

Noni B appeared to fare better under Alceon and Scott Evans who was appointed as CEO following the on-market takeover, but its financial results were flattered by the 2017 acquisition of the Pretty Girl Group and the 2018 purchase of five retail chains from Specialty Fashion Group. million and net earnings to a modest $3.3

Fashion 147
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New board member and DJs update: Here are the key takeaways from Myer’s AGM

Inside Retail

million, while its net profit rose by over 100 per cent compared to the last financial year, excluding JobKeeper support, to $60.2 We have a different set of information, to the information that’s become vulnerable in the market,” she said. It achieved total sales growth in FY22 of 12.5 per cent increase in sales.

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How Myer plans to reach $1 billion in online sales

Inside Retail

Myer’s online sales have more than doubled since John King took over running the department store in 2018, and the CEO believes they can double again to reach $1 billion in the not-too-distant future. QUT professor of marketing and consumer behaviour Gary Mortimer believes this is a sign of years to come. per cent year on year.

Planning 130
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Online drives H&M profit recovery – but sales still lag pre-Covid era

Inside Retail

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 We see significant opportunities to grow both sustainably and profitably.”. per cent on the pre-pandemic 2018-19 year. Gross margin rose by 2.8

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How Chinese toy giant Pop Mart thinks local, dominates global

Inside Retail

When Chinese collectables retailer Pop Mart launched a pop-up store at London Westfield in January of last year to test its concept in the UK, it expected the Asian diaspora to be its largest potential market demographic. We initially assumed it might not be easy to enter the UK market. The merchandise and the market.

Marketing 130
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10 Online Businesses for Sale in April

Small Biz Trends

billion global air purifier market slated to grow at 8% through 2030. Established in 2018, this is an eCommerce business with a proven business model generating impressive revenue. The average NET profit margin is 15% and the gross profit margin is a solid 64%. Beauty Skin Cream & Waistline Company.

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Higher average spend, overseas growth boost Retail Food Group’s first half

Inside Retail

But despite the challenges, the company increased its net profit after tax by 31.4 But despite the challenges, the company increased its net profit after tax by 31.4 Improved performance in overseas markets contributed to the overall result. International division sales, profit grow.