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Is Sa Sa’s store closure in China a tactical withdrawal or strategic surrender?

Inside Retail

billion, while net profit plunged 64.8 However, facing increasingly fierce competition, Sa Sa began scaling back its Mainland operations in 2021. billion, accounting for roughly 76 per cent of the group’s revenue. Profit fell 45 per cent to HK$128.6 Sa Sa International’s share price dropped 1.82

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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. In a recent report, Seoul-headquartered consultancy Samjong KPMG estimated that Korea’s luxury goods market expanded by almost 30% in 2021, to US$5.8 Online sales rose by 12.2

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Analysis: Why Premier Investments is bullish about the future

Inside Retail

The financial results for many of Australia’s leading retailers for the first half of the 2021 financial year have been much stronger than had been expected with the Covid-19 disruption. million net profit from $784.6 million in global sales. million – 26 per cent of the retailer’s $784.6 million total revenues.

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How dated stores could hurt Thai retail giant Big C’s sales rebound

Inside Retail

per cent over the corresponding period of 2021. This was accompanied by a gross profit margin increase from 15.1 per cent and a net profit margin after tax of 3.4 Third quarter gross profit was particularly strong, coming in at 16.9 per cent to 16.5 per cent, compared with 2.0 per cent.

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Swipe fee costs average household more than $1,100

Mass Relators

Swipe fees amounted to $897 for the average household in 2021 and $724 in 2020. billion in swipe fees for Visa and Mastercard credit cards alone, which account for more than 80 percent of the market. By contrast, net profit for general retail averages only 3 percent. billion, according to MPC estimates.

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The Winning Formula: How Apparel Brand FIGS Spends Over $1M on Google Ads (Case Study)

Store Growers

Some example of FIGS’ YouTube Ads They first started running YouTube Ads in November 2021, and the fact that they’re still investing heavily in this channel suggests that it’s paying off. With the average order value of $112, they’re making around $5 million in revenue (ROAS 4.3), and a net profit of $2.4

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