Remove 2021 Remove Consumer Remove Net Profit
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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. Sa Sa International’s share price dropped 1.82 per cent to close at HK$0.54 last Wednesday after announcing the store closures. per cent decline in turnover to HK$3.94

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Analysis: a perfect retail storm is brewing

Inside Retail

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

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SHEIN Opens Dublin HQ, Plans 30 Pop-Up Events Across Increasingly Important EMEA Markets

Retail TouchPoints

SHEIN generated $23 billion in revenue and net profits of $800 million in 2022, people close to the company told WSJ. Nearshoring is a key component of SHEIN’s business model, allowing the company to maintain the speedy fulfillment times that have helped drive its popularity with consumers.

Planning 275
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Why Dollarama is just the latest global entrant in Australia’s discount market

Inside Retail

With todays consumers increasingly becoming budget-conscious, The Reject Shops offering appears to resonate with current market demands, particularly given the ongoing economic pressure that consumers are facing. Between 2021 and 2024, The Reject Shop’s expansion efforts proved significant.

Marketing 226
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Analysis: As technology marches on, Asia’s retail property huffs and puffs

Inside Retail

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. Top of the list of tech giants was Amazon, which had a net profit of US$21.3 By the third quarter of 2021, the company was delivering $2.3 billion on 2019.

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

Inside Retail

Williams ethos and Paul Grosmann, who was appointed CEO in November 2021. Creating a place for the consumer to belong The Sydney flagship, located at 243 George Street, is a fusion of the brand’s history and futuristic technology, all designed to give the customer the best experience possible. At the heart of it all are the R.M.

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Eighteen months post-merger, Lotus’s growth is stagnating. Here’s why

Inside Retail

Lotus’s has been part of Siam Makro since late 2021 when CPG transferred to it all of Lotus’s shares, making it, corporately speaking, the final resting place of the former Southeast Asia business of Britain’s Tesco PLC. Net profit was up by 8.9 Siam Makro, a US$14.2 The Makro brand, meanwhile, is thriving.