Inside Retail
NOVEMBER 23, 2023
Luxury fashion retailer Oroton Group says its profit more than tripled on the back of higher sales and stricter cost and inventory management in FY23. The company booked a net profit of $8.2 million in the 12 months ended July 30, up 3.5 times from last year.
Inside Retail
SEPTEMBER 27, 2023
The company also saw growth in all five of its mainstream apparel brands – Just Jeans, Jay Jays, Portmans, Dotti, and Jacqui E – which collectively generated sales of $844.8 Meanwhile, Premier Investments’ statutory net profit after tax fell 4.9 Gross profit grew 5.4 million, up 4.6 per cent to $271.1 2 per cent.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Inside Retail
MAY 16, 2023
Discount apparel retailer Best & Less Group (BLG) says trading conditions were “inconsistent” through the March and April months of the second half year. In a trading update for the 19 weeks to May 14, sales were up 1.8 per cent to $221.9 million when compared to the previous corresponding period. Like-for-like sales were down 1.4
Inside Retail
SEPTEMBER 13, 2022
per cent increase in clothing, footwear and personal accessories. We predict retailers in the fast-fashion apparel and footwear sectors within consumer discretionary goods could face significant headwinds over the next few months. Despite some retailers reporting strong sales because of the growth in online sales, net profits declined.
Inside Retail
JUNE 19, 2023
Discount apparel retailer Best & Less Group (BLG) says its sales fell 11.7 For the second half of this year, the group expects total revenue to be in the range of $310 million and $315 million while pro forma net profit after tax is expected to be between $3.6 Its greatest hit was online where sales fell 19.6 million and $4.2
Inside Retail
SEPTEMBER 30, 2022
Yd’s parent company Retail Apparel Group saw growth surge across its stable of brands following the overall lifting of restrictions, though also warned its rollout of new stores has been delayed by the pandemic’s impact. million in FY22, according to The Australian , while net profit jumped to $52.4 per cent to $628.4
Inside Retail
JULY 5, 2022
While Inditex recorded growth across most of its geographic markets with revenue and net profit increasing 36 per cent and 80 per cent, respectively, in China – where 67 stores were affected by Covid-19 restrictions – the Spanish retailer experienced the reverse fortune.
Expert insights. Personalized for you.
264 
Let's personalize your content