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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 million for the same period a year prior.

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Wimbledon and summer of sport: Net profit

Talking Retail

Wimbledon is one of the stars of the season and will return this year after being cancelled in 2020 because of Covid-19. This story continues at Wimbledon and summer of sport: Net profit. Or just read more coverage at Talking Retail.

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Analysis: As technology marches on, Asia’s retail property huffs and puffs

Inside Retail

In the last financial reporting year, covering calendar 2020, the world’s top 20 technology companies booked revenues of US$2.1 Where revenues went, profits followed. Those same 20 companies made a net profit of US$320.6 That’s an astonishing 19 per cent profit gain. This represented an increase of US$135.2

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R.M. Williams crafts quality and service from people and tech

Inside Retail

Williams since Tattarang, the private investment company owned by mining magnates Andrew and Nicola Forrest, acquired the business from L Catterton in 2020, returning the bootmaker to full Australian ownership for the first time since 2013. Also the company returned to a net profit, of A$36.8 million, up from a $2.3

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Analysis: Why Premier Investments is bullish about the future

Inside Retail

The impact of Covid-19 restrictions nationally was not as serious as in the early months of calendar 2020 and sales were bolstered by Black Friday, Click Frenzy and Cyber Monday leading into Christmas. per cent boost to net earnings for the six months to December 2020, amid praise and scorn. million net profit from $784.6

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Analysis: Decision time looms at DJs and Myer boardrooms

Inside Retail

The Covid-19 overlay on 2020 with Jobkeeper, rent concessions, and online purchasing has made it difficult to precisely assess both chains’ trading performance, but the signs are hardly inspiring. Myer’s net profit of $42.9 In Australia, there is a view that neither has a viable future.

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How HomePro aims to grow in Thailand’s fragmented DIY market 

Inside Retail

With the pandemic fading in the rearview mirror, inflation becoming more subdued and consumer confidence returning, the home improvement sector is heating up along with Thailand’s summer weather. Net profit came in at 1.6 In the first quarter of this year, total revenues for HomePro increased by 9.5 Revenues were 17.2

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