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Kathmandu parent KMD Brands sees sales, net profit increase

Inside Retail

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 Gross profit increased 13 per cent to $599.7

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Distribution and Wholesale Seek Retail Skillset to Gain Competitive Edge

365 Retail

Embracing an omnichannel approach which allows for a positive customer journey is increasingly being adopted by distributors and wholesalers, who are moving to utilise interim retail resource to create competitive advantage. Regardless, the website isn’t just a direct selling channel, nor is it just a shop window either.

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How to Start a Wholesale Business

Independent Retailer

If you are debating whether or not to start a wholesale business, you have come to the right place. As a wholesaler, you are going to be providing products to other companies at a discounted price. Understanding Profit Margins. For example, a coffee mug costs the wholesaler $1, which is the acquisition cost.

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Eighteen months post-merger, Lotus’s growth is stagnating. Here’s why

Inside Retail

It operates 163 units with an average size of just over 5,200 square metres, but 80 of them are much bigger than that: cavernous warehouses where retail buyers and end consumers load up oversized shopping carts with bulk items at wholesale prices. Net profit was up by 8.9 That’s good news for retailers.

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Temple and Webster CEO Mark Coulter reveals growth strategy

Inside Retail

However, its net profit before tax fell 31 per cent compared to last year to $13.2 Temple and Webster’s chief executive Mark Coulter said that despite significant macro-economic trends impacting certain parts of the industry, the business had delivered a solid year, and that he expects FY23 to be more profitable.

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Higher average spend, overseas growth boost Retail Food Group’s first half

Inside Retail

But despite the challenges, the company increased its net profit after tax by 31.4 It also roasts and wholesales coffee under the Di Bella Coffee brand. At Gloria Jean’s, Drive Thru outlets boosted sales by 11.6 per cent over the previous comparable period to $5.1 The average transaction value grew by 7.4

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How Chinese toy giant Pop Mart thinks local, dominates global

Inside Retail

When Chinese collectables retailer Pop Mart launched a pop-up store at London Westfield in January of last year to test its concept in the UK, it expected the Asian diaspora to be its largest potential market demographic. But we tested the market with a local wholesaler and via e-commerce and we realised it had a lot of potential.”.

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