Remove ATS Remove Management Remove Net Profit Remove Returns
article thumbnail

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.

article thumbnail

Wimbledon and summer of sport: Net profit

Talking Retail

Wimbledon is one of the stars of the season and will return this year after being cancelled in 2020 because of Covid-19. This story continues at Wimbledon and summer of sport: Net profit. Or just read more coverage at Talking Retail.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lew hits back at hints of capital raising at Myer

Inside Retail

“Premier is astounded that Myer and its board are wasting corporate resources exploring ways to dilute Premier instead of fixing Myer’s chronic and prolonged underperformance,” Leibler wrote in a letter to Myer’s legal representative Rory Moriarty at Clayton Ulz. “[And] Total sales for the FY21 year are expected to land at $2.6

article thumbnail

How merging data analytics and retail management can drive business value

Inside Retail

A lot of category managers tend to think about the range they have, but not the combination of range and store. Equally important to optimising a retailer’s return on range, is correctly allocating category space. The post How merging data analytics and retail management can drive business value appeared first on Inside Retail.

article thumbnail

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. These figures came amid the important ‘ back to school’ trading period, as kids returned to in-person learning. per cent compared to the first half of FY2022, to $174.3

article thumbnail

Health Brand Jocko Fuel’s Amazon Success Formula: ‘Fight AI with AI’

Retail TouchPoints

“The one advantage we have over big brands is speed,” said Masciantonio, a 23-year CPG veteran who spent time at Johnson & Johnson, General Mills and Nature’s Bounty before joining Jocko Fuel. My decision-making at Jocko Fuel is three text messages. Humans just can’t move at the pace of Amazon.”. “We

article thumbnail

New board member and DJs update: Here are the key takeaways from Myer’s AGM

Inside Retail

Former Myer managing director Terry McCartney has joined the department store’s board as a non-executive director. McCartney, who had the backing of Solomon Lew’s Premier Investments Fund, received 61 per cent support at Myer’s annual general meeting (AGM) on Thursday. Lew had been urging shareholders to support McCartney’s nomination.