Inside Retail
MARCH 11, 2025
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
Inside Retail
OCTOBER 31, 2021
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 million for the same period a year prior.
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Inside Retail
NOVEMBER 10, 2022
million, while its net profit rose by over 100 per cent compared to the last financial year, excluding JobKeeper support, to $60.2 It achieved total sales growth in FY22 of 12.5 per cent, with comparable store sales growth of 15 per cent. The company’s group online sales grew 34 per cent, to $722.8 per cent increase in sales.
Inside Retail
SEPTEMBER 16, 2021
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. Statutory net profit after tax rose to $46.4 Online is now a $500-million-plus business. Myer lifted total sales 5.5
Inside Retail
JANUARY 28, 2022
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 Emily Salter, a senior retail analyst at GlobalData, described the full-year performance as “muted” despite the impressive profit gain, noting sales were still down 14.5
Small Biz Trends
SEPTEMBER 10, 2022
The program initially launched back in 2018 to help local companies improve productivity, expand, and grow their operations. To qualify, businesses and organizations must have 100 or fewer employees and generate net profits less than $150,000 each year. Eligible businesses can apply for between $500 and $1,500.
Small Biz Trends
APRIL 23, 2022
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%. The gross revenue is $171,901 with a cash flow of $51,816. Beauty Skin Cream & Waistline Company.
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