article thumbnail

AuMake ends FY21 down $7.8m, hopeful for new year

Inside Retail

Through our new platform, anyone with a WeChat account can be an influencer and effectively act as a sales agent for the brands. The business also cashed out four of its stores and continued “labour restructuring”, which will see operational expenses fall 30 per cent in the first quarter of the new year.

article thumbnail

10 Ways to Reshape and Refresh Your Product Portfolio

Retail TouchPoints

Closely assess your business and product portfolio’s needs according to the wishes and demands of your target market, then de-complicate your portfolio accordingly. You need to take into account real end-to-end profitability, your fully burdened net margins, cash flow impact, and strategic value to test your portfolio effectively.