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City Chic’s sales slip; promotions dent margins

Inside Retail

million to $4 million is also likely due to reduced revenue and higher fulfilment costs. Increased promotional activities during key Black Friday, Cyber Monday and the Christmas / Boxing Day sales periods impacted the group’s gross margin. Online sales fell 21 per cent. An underlying EBITDA loss of between $2.5 million. “We

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Why Colette, TDE parent Marquee Retail Group is looking to expand

Inside Retail

Colette by Colette Hayman Marquee Retail Group acquired CBCH, a fashion accessories and jewellery brand, out of administration in September 2020. It has opened 22 more stores – bringing the total today to 57 – and placed a strong emphasis on correcting the product range, pricing and promotional strategy.

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Strategies for success: LSKD and Shippit on preparing for peak season

Inside Retail

The weeks leading up to Christmas, Cyber Monday, and Black Friday typically see a surge in promotional activity that can account for a significant portion of a brand’s annual revenue. This to ensure that there’s sufficient hype and energy surrounding its promotions, and that it’s able to scale its operations to meet demand.

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Inventory Accuracy: The Not-so-Secret Ingredient for Holiday Sales Success

Retail TouchPoints

In fact, BOPIS became the new norm for items across all categories, from footwear and apparel to accessories, home goods, furniture and more. This created a ripple effect for retailers that were experiencing a higher volume of ecommerce orders and had to leverage stores as fulfillment centers to process and ship online orders.

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Sportano’s Physical Store Experience Blends Online and Offline Retail for a Seamless Customer Journey

Retail Focus

This new flagship store offers an innovative proposition that combines a showrooming experience with fast and convenient digital fulfillment, and in-store order and collect services, bringing the brand’s online and offline presence together.

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City Chic sales decline across its businesses globally

Inside Retail

Phil Ryan, CEO and MD of City Chic, described the half as “challenging” and added: “Margins were impacted by promotional activity and input logistics and fulfilment costs from reduced basket sizes and inflation-driven cost increases.” The business continues to maintain elevated promotional levels to drive consumer demand.

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What it takes for emerging designers to break into Australia’s fashion industry

Inside Retail

House of Campbell is aiming to fulfil a different niche with its commercial line of couture-inspired ensembles that seamlessly integrate artistic expression into everyday wear. Collectively, our work promotes sustainability and diversity, which are crucial for the future of fashion.”

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