Inside Retail

SEPTEMBER 1, 2022

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.

Department Stores 130

Department Stores Net Profit Fashion Boutique 130

Inside Retail

SEPTEMBER 15, 2021

Department store Myer has enjoyed the fruits of a rebounding retail environment in FY21, with total sales up 5.5 billion – 20 per cent of which were made online – leading to a statutory net profit figure of $46.4 Myer’s profit is a strong improvement on the $172.4 per cent to $2.65

Department Stores 246

Department Stores Net Profit Shipping Management 246

Inside Retail

MARCH 3, 2024

Sharing the good fortune Another example of a retailer’s growing focus on loyalty programs is Australian department store, Myer. 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. million active members, with 5.2

Supermarket 130

Supermarket Net Profit Department Stores Checkout 130

Inside Retail

AUGUST 11, 2021

The fight for board control of department store Myer will be decided in the next few months, with the firm’s AGM likely to run in late October, but Solomon Lew’s major stake in the business could well be diluted by the time to vote. Department store sales up this year. million, up 5.5 per cent to $539 million.

Department Stores 246

Department Stores ATS Net Profit Returns 246

Inside Retail

NOVEMBER 16, 2023

Edouard is a results-oriented leader with vast experience in the region and a strong background in luxury fashion management and marketing,” said Pierre-Yves Roussel, CEO at Tory Burch. “We Boonsri has about 20 years of experience in department store management. billion in revenue last year with a net profit of US$216.6

Department Stores 130

Department Stores Net Profit Wholesale Fashion 130

Inside Retail

AUGUST 25, 2021

Best & Less’ first financial year as a public company exceeded its own expectations, with strong earnings and like-for-like sales growth driving a net profit result 191 per cent up on the prior year. The department store business saw total sales hit $663.2 The department store business saw total sales hit $663.2

Net Profit 130

Net Profit Department Stores Shipping Management 130

Inside Retail

MARCH 27, 2023

Group chairman Solomon Lew has commended Premier Investment’s strong half year results, attributing standout performances to careful management and execution. With an almost 26 per cent stake in Myer, Walker also said that it would make sense to put Smiggle and Peter Alexander in the department store in the future.

Department Stores 246

Department Stores Net Profit Returns Accessories 246