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Inside Pop Mart’s playbook for current and future success

Inside Retail

Meanwhile, net profit soared to RMB3.4 per cent, year on year, and accounted for 38.9 billion and accounting for 21.7 Chinas Pop Mart has wrapped up another stellar year, surpassing RMB13 billion in revenue for 2024 as the blind-box market continues to thrive. This marks an impressive 106.9 per cent year-on-year increase.

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As Miniso conquers the world, revenue hits $3.72 billion

Inside Retail

Global revenue has grown at a compound annual rate exceeding 40 per cent, with overseas sales accounting for 39.4 The brand also set a record for store expansion last year, opening 1200 stores worldwide and reaching 3000 locations outside China. per cent of total revenue this year.

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Central Pattana: Southeast Asia’s most important mall operator?

Inside Retail

However, as a separate revenue stream and to densify its mall primary trading areas, the company also develops and operates hotels, office buildings and residential projects, frequently co-located with its malls. billion baht ($419 million), an increase of 6 per cent on last year, and net income was 3.9 billion Thai baht ($1.6

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Why Thailand’s rainy season is a double-edged sword for its DIY chains

Inside Retail

The growth was partly assisted by the opening of eight net new stores since mid-2022, and five more are planned for the second half of this year. Net profit for the first half was up 6.6 Net profit was 1.6 billion baht (US$1.1 billion), an increase of 9.3 per cent over the first six months of 2022. billion baht.

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Central Retail: Expansions and omnichannel drive growth

Inside Retail

Omnichannel grew by another 10 per cent, year over year in the fourth quarter and now accounts for 20 per cent of company sales. billion baht, and net profit by 1.3 Also, the portfolio still has a lot more growth potential. Its contribution is much higher in Thailand (25 per cent) than in Vietnam (11 per cent). per cent, to 262.8

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Analysis: Decision time looms at DJs and Myer boardrooms

Inside Retail

The retailer has also retreated from its plan to drive foot traffic and sales through an upmarket food offer in stand-alone stores and has terminated a co-location food concept selling fresh and packaged food in 35 BP service stations. Myer’s net profit of $42.9

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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. enjoyed an increase in net profit of nearly 400 percent. Duty-free experienced sales growth of more than 45 percent in the second quarter, including 253 percent at the airport locations.