Inside Retail
SEPTEMBER 19, 2023
Outdoor apparel retailer KMD Brands has witnessed an increase in sales and net profit in FY23 on the back of improved performance across all its businesses – with the Rip Curl and Oboz brands achieving record sales. million and net profit after tax jumping 8.6 million and net profit after tax jumping 8.6
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. BLG executive chair Jason Murray said consumer confidence has been at “historic lows” yet the business is “optimistic” for sales growth. “We per cent to $221.9
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Inside Retail
SEPTEMBER 13, 2022
Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.
Retail TouchPoints
MAY 18, 2023
SHEIN generated $23 billion in revenue and net profits of $800 million in 2022, people close to the company told WSJ. Nearshoring is a key component of SHEIN’s business model, allowing the company to maintain the speedy fulfillment times that have helped drive its popularity with consumers. Vincent de Paul, Ireland.
Inside Retail
MARCH 22, 2022
Outdoor apparel retailer KMD Brands, formerly known as Kathmandu Holdings, has registered that its Australasian store network suffered significantly in the first half. The business’ net profit after tax fell 124.7 The business’ net profit after tax fell 124.7 Group sales for the half were recorded at $379.95
Inside Retail
AUGUST 16, 2022
billion although tax-paid net profit fell 20 per cent to $244.1 Key growth was seen in insulation apparel and rainwear categories in Australia as like-for-like sales increased by 12.4 For the year to July 2, the business says sales grew 2.8 per cent to $3.55 June winter sales helped improve Macpac’s revenue by 15.3 per cent. “The
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.
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