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Oroton trebles profit after rigorous cost-control measures

Inside Retail

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.

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Why Premier Investments is “well-placed” to meet economic pressures

Inside Retail

Group chairman Solomon Lew has commended Premier Investment’s strong half year results, attributing standout performances to careful management and execution. Smiggle was a particularly strong performer, with sales for the stationary and accessory brand up by 30 per cent growth. per cent compared to the first half of FY2022, to $174.3

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Analysis: Why Premier Investments is bullish about the future

Inside Retail

Premier Retail’s results were praised by some analysts as the realisation of a long-term strategy and effective management through the Covid-19 challenge. million net profit from $784.6 million in global sales.