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Inside Shinsegae: The Korean department store with a golden boot

Inside Retail

Shinsegae — one of the Big 3 of Korean department store retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers.

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Inside Central Chidlom’s luxury makeover in Bangkok

Inside Retail

The department store huffed and puffed, but its status was clearly under threat. The floors that have been unveiled already make a sparkling addition to the department store and transport it firmly into the 2020s, making its new company-coined moniker, “Store of Bangkok”, only just a teeny-weeny exaggeration.

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Retail appointments of the week: Puma, Nike, Tory Burch

Inside Retail

Dogan’s most recent role was as president of Amazon Fashion. Tory Burch Japan names Edouard Roche as president By Tong Van American women’s fashion label Tory Burch has appointed Edouard Roche as its new president and representative director of its Japan business. Boonsri has about 20 years of experience in department store management.

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Myer posts strong performance in half year results

Inside Retail

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

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Analysis: a perfect retail storm is brewing

Inside Retail

per cent increase in department stores and a 3.3 We predict retailers in the fast-fashion apparel and footwear sectors within consumer discretionary goods could face significant headwinds over the next few months. Despite some retailers reporting strong sales because of the growth in online sales, net profits declined.

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Why Premier Investments is “well-placed” to meet economic pressures

Inside Retail

The group – which owns and operates brands including Dotti, Peter Alexander, Just Jeans, Smiggle, Portmans and Jacqui E, and features over 1,100 stores across six countries – saw net profit after tax rise by 6.5 per cent compared to the first half of FY2022, to $174.3 Group sales were also up by 17.6 per cent on the same period.

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

Inside Retail

In its first quarter results released in May, the Makro side of the Siam Makro business reported year-on-year sales growth of 13 per cent, with same-store sales growth at 10.9 Net profit was up by 8.9 Same-store sales growth was almost flat-lining at 0.5 The bar had been set very low: same-store sales fell by -1.4