Inside Retail

SEPTEMBER 13, 2023

per cent of total sales – and a 10 per cent increase in productivity gains at physical stores. Sales at CBD stores, its strongest-performing, grew 30 per cent. After excluding lockdown periods in the previous year, sales at CBD stores rose 14.4 ” Net profit rose 18.2 ” Net profit rose 18.2

Net Profit 278

Net Profit Department Stores Returns Store Operations 278

Inside Retail

AUGUST 11, 2021

“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

Department Stores 246

Department Stores ATS Net Profit Returns 246

Inside Retail

FEBRUARY 19, 2024

Baby Bunting booked significantly lower net profit in the fiscal first half as sales declined amid macroeconomic challenges and price competition. The baby products retailer’s net profit plunged 31.3 million while gross profit margin stood at 37.2 million while gross profit margin stood at 37.2

Net Profit 130

Net Profit Promotions Marketing ATS 130

Inside Retail

FEBRUARY 19, 2024

Retail Food Group swung to a net income despite lower revenue in the fiscal first half, thanks to an increase in average transaction value and the company’s acquisition of Beefy’s Pies. RFG’s net profit stood at $5.1 million while revenue fell 1.4 per cent year over year to $61.9 per cent to $11.6

Net Profit 289

Net Profit ATS 289

Inside Retail

FEBRUARY 15, 2024

per cent as of June 30 last year and 98 per cent at the peak of the pandemic (December 2020). Statutory net profit after tax rose to $223.5 Having anticipated a moderation in retail sales, we have acted at pace to lock in long-term leasing deals, minimise income at risk and increase occupancy to closer to pre-pandemic levels.”

Net Profit 264

Net Profit Sporting Goods Shopping ATS 264

Inside Retail

FEBRUARY 28, 2024

Harvey Norman’s net profit fell amid lower revenue in the fiscal first half as large format retail property yields softened and franchise fees declined. The furniture and electronics retailer’s attributable net profit plunged 45.3 Property segment revenue stood at $160.62 per cent to $200.01

Net Profit 130

Net Profit Location Planning ATS 130

Inside Retail

NOVEMBER 23, 2023

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.

Net Profit 264

Net Profit Inventory Management Accessories Apparel 264

Retail TouchPoints

JANUARY 20, 2021

Birkenstock is reportedly exploring a sale to private equity firm CVC that could value the company at more than $4.85 Sources say the deal also has attracted interest from Permira and at least one additional private equity firm. Goldman Sachs has been helping the retailer look at sale options for months, the sources said.

Net Profit 149

Net Profit ATS 149

Inside Retail

AUGUST 31, 2021

Mosaic Brands has returned to earnings growth despite faltering sales, clocking in a net profit figure of $2.7 The post Mosaic Brands looks at raising capital following return to profitability appeared first on Inside Retail. million – 101 per cent up on last year – despite revenue falling 3.8

Returns 130

Returns Net Profit ATS Consumer 130

Inside Retail

SEPTEMBER 27, 2023

. “Peter Alexander, Smiggle and our apparel brands have all delivered record sales, through the commitment of our global teams and culture of excellence,” said John Bryce, interim CEO at Premier Retail. Meanwhile, Premier Investments’ statutory net profit after tax fell 4.9 Gross profit grew 5.4

Net Profit 262

Net Profit Apparel Wholesale Returns 262

Inside Retail

MAY 16, 2023

BLG executive chair Jason Murray said consumer confidence has been at “historic lows” yet the business is “optimistic” for sales growth. “We Sales improved in the lead-up to Mother’s Day and have been consistent since, while BLG’s non-discretionary product lines are continuing to perform well.

Net Profit 242

Net Profit Apparel Shipping Consumer 242

Inside Retail

JANUARY 14, 2024

billion while net profit is estimated to be between $200 million and $203 million during the six months ended December 30, based on preliminary data. Like-for-like sales growth was at 1 per cent. The group’s revenue went up 3 per cent year over year to $2.02

Net Profit 130

Net Profit Outdoor Consumer Shopping 130

Inside Retail

SEPTEMBER 13, 2022

Additionally, congestion at the Port of Shanghai, the largest port in the world, appears to be easing. The average waiting time across all vessel types, including tankers, bulkers and containers, at Shanghai has reduced to 28 hours, which is down considerably from its peak average waiting time of 66 hours during the lockdown in China.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

Inside Retail

FEBRUARY 21, 2023

Domino’s Pizza Enterprises said its first-half net profit fell 21.5 The Australian franchise of Domino’s says its first-half profit attributable for the period ended Jan 1 was $71.7 per cent, as orders were impacted by the impact of inflation on consumer spending. million on global sales of $1.97

Consumer 246

Consumer Net Profit Management Marketing 246

Inside Retail

MARCH 9, 2022

Department store Myer has recorded a strong performance in its half-year results, with net profit after tax hitting $32.3 Myer’s total group sales were up at 8.5 million – an increase of 55 per cent. . per cent to $1.51 billion, with comparable sales growth of 17.8 Group online sales grew 47.5 per cent to $424.1

Net Profit 244

Net Profit Department Stores Planning ATS 244

Retail TouchPoints

SEPTEMBER 27, 2021

“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

Net Profit 248

Net Profit Advertising Accounting Marketing 248

Inside Retail

JULY 25, 2022

Post-tax net profit for the year is expected to be between $55 million and $60 million, an increase of 86 to 103 per cent over last year if the impact of JobKeeper subsidies is excluded from the prior year, when the results included Jobkeeper support of $22 million after tax. per cent higher than at the same time last year.

Net Profit 246

Net Profit Department Stores Accounting ATS 246

Inside Retail

FEBRUARY 2, 2022

Sales at furniture retailer Nick Scali grew 5.4 million and profit fell slightly to $35.6 Overall profit fell by 6 per cent compared to the previous corresponding period in FY21. million, which added 46 showrooms to the group’s network , contributed a net profit after tax of $1.8 per cent to $180.3

Net Profit 246

Net Profit Management ATS 246

Inside Retail

MARCH 3, 2024

million in total and during FY23 almost 75 per cent of all purchases made at Myer were linked to a Myer One account. million having purchased products at the members-only price. per cent increase in net profit in its half-year results in February, which grew to $929 million, with Woolies X being a major driver behind this growth.

Supermarket 130

Supermarket Net Profit Department Stores Checkout 130

Inside Retail

OCTOBER 31, 2021

Department store David Jones has clawed its way back into the black, according to a report in The Australian , after posting its first net profit since 2018. Accounts lodged with ASIC by David Jones’ holding firm Osiris Holdings tell of a healthy net profit of $83.4 million for the same period a year prior.

Net Profit 130

Net Profit Department Stores Accounting Returns 130

Inside Retail

MARCH 22, 2022

Group sales for the half were recorded at $379.95 million) while underlying EBITDA was estimated at $9.52 The business’ net profit after tax fell 124.7 Outdoor apparel retailer KMD Brands, formerly known as Kathmandu Holdings, has registered that its Australasian store network suffered significantly in the first half.

Net Profit 246

Net Profit Outdoor Wholesale Apparel 246

Inside Retail

AUGUST 17, 2021

Coles’ Smarter Selling strategy is paying off for the Australian supermarket giant, with approximately $300 million in extra savings in the bank at the end of FY21. At its full year results announcement on Wednesday morning, Coles revealed that net profit broke the one-billion-dollar mark, rising 2.8 per cent on 2020. “We

Supermarket 246

Supermarket Net Profit Markdowns Checkout 246

Inside Retail

JUNE 19, 2023

per cent, while turnover at physical stores was down by 12.5 For the second half of this year, the group expects total revenue to be in the range of $310 million and $315 million while pro forma net profit after tax is expected to be between $3.6 Discount apparel retailer Best & Less Group (BLG) says its sales fell 11.7

Net Profit 130

Net Profit Apparel Shipping Management 130

Inside Retail

JANUARY 24, 2023

If optimal trading conditions persist, the company expects to deliver a second-half pro forma net profit after tax of between $18 million and $20 million. It plans to open six new stores, including one at Macquarie Centre in Sydney. Audited results will be announced on February 21.

Net Profit 130

Net Profit Planning Management Consumer 130

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. The company has reportedly set a target to grow revenue by 40% this year, which will be propelled, at least in part, by an expansion of its EMEA business.

Planning 235

Planning Marketing Net Profit Finance 235

Inside Retail

SEPTEMBER 20, 2021

The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. Shoe-brand Oboz also saw sales and earnings growth, with its forward order book at its “highest level ever”, giving the group the green light to further invest in its growth. per cent. “Rip

Net Profit 246

Net Profit Outdoor Wholesale Returns 246

Inside Retail

AUGUST 14, 2023

per cent growth, while net profit fell 3.7 Alternatively, The Good Guys saw lower sales volumes, but a higher average sale price, largely due to different categories selling well in each business: home appliances at The Good Guys, and products like next-generation video game consoles at JB Hi-Fi. per cent to $9.63

Net Profit 246

Net Profit Marketing Consumer Retail Marketing 246

Inside Retail

AUGUST 23, 2021

Kogan’s bloated inventory and logistics costs severely impacted its profitability in FY21, with net profit plummeting 86.8 per cent to $3.5 million (compared to $26.8 million the year prior). Without taking these impacts into consideration, adjusted NPAT rose 43.2 per cent to $42.9 per cent to approximately $1.18

Net Profit 246

Net Profit Promotions Management Shopping 246

Inside Retail

MARCH 28, 2022

Trans-Tasman fashion retailer Hallenstein Glasson has reported a 40-per-cent reduction in half-year profit, citing Covid disruptions. million, with net profit at $11.91 Group sales fell 6.5 per cent to $170.63 million compared with the previous corresponding period. per cent of total group sales.

Net Profit 130

Net Profit Fashion Management ATS 130

Retail TouchPoints

JULY 11, 2022

Kohl’s has launched Discover @ Kohl’s, an in-store experience that curates new, seasonally relevant brands throughout 600 locations and online at Kohls.com. We couldn’t be more excited to introduce customers to Discover @ Kohl’s this back-to-school season,” said Ron Murray, Interim Chief Merchandising Officer at Kohl’s in a statement.

Net Profit 253

Net Profit Apparel Returns Location 253

Inside Retail

MARCH 24, 2022

Premier investments’ online channels have contributed significantly to group’s half-year profit despite volatile trading conditions in its first-half results. million in the half, while online sales were recorded at $195.4 Net profit after tax was registered at $163.6 Group sales increased 0.6

Net Profit 130

Net Profit Marketing ATS Accessories 130

Inside Retail

JUNE 21, 2021

billion but is currently valued at just $250.4 Myer’s net profit of $42.9 The post Analysis: Decision time looms at DJs and Myer boardrooms appeared first on Inside Retail. Woolworths, the multi-brand South African retailer, bought David Jones for $2.1

Department Stores 113

Department Stores ATS Net Profit Planning 113

Inside Retail

SEPTEMBER 20, 2021

The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. Shoe-brand Oboz also saw sales and earnings growth, with its forward order book at its “highest level ever”, giving the group the green light to further invest in its growth. per cent. “Rip

Net Profit 237

Net Profit Outdoor Wholesale Returns 237

Inside Retail

FEBRUARY 22, 2022

million and net profit after tax of $16.9 Gross margin percentage improved as the average selling price increased at the same time as the cost of goods sold reduced. . Best & Less Group has reported ‘robust’ trading performance during the past half-year despite losing 21.3

Net Profit 130

Net Profit Management ATS Accessories 130

Inside Retail

FEBRUARY 16, 2022

per-cent decline in first-half net profit, estimated at $1.213 billion with revenue of $17.758 billion. . Sales momentum increased at the end of the half as lockdown and store closures reduced although, across the group, the business lost around 34,000 store trading days. per cent and were estimated at $1.580 billion. .

Net Profit 130

Net Profit Department Stores ATS 130

Inside Retail

SEPTEMBER 30, 2022

Australian menswear retailer Yd is revamping its bricks-and-mortar experience with a radical new store design aimed at driving the next stage of the brand’s evolution. Launched in 1995, Yd has opened two new stores designed by the team at Landini Associates that offer a more spacious, modern shopping experience for customers. “We

Net Profit 246

Net Profit Apparel Outdoor Advertising 246

Inside Retail

AUGUST 11, 2022

million (with same-store sales up by 5 per cent) while statutory net profit attributable to shareholders rose 14.6 “We continued to grow our market share at the same time as we delivered very strong gross profit growth. The baby goods retailer says sales grew 8.3 per cent to $507.3 per cent to $19.5 million. “Our

Drop-Shipping 130

Drop-Shipping Net Profit Shipping Planning 130