Inside Retail

MARCH 20, 2025

On the bottom line, net profit before tax fell 12.7 The brand operated 307 stores across its proprietary markets of Australia, New Zealand, the UK, Ireland, Singapore and Malaysia at the end of the first half. per cent to $148.4

Net Profit 241

Net Profit Marketing ATS Accessories 241

Inside Retail

FEBRUARY 23, 2025

The group’s net profit increased 9.5 Michael Hill has started an internal strategic review for its New Zealand business after another sales dip in the segment during the first half. per cent to $16.9 million despite revenue decreasing 0.7 per cent to $360.2 However, revenue from its New Zealand business fell 7.4 million ($54.6

Net Profit 243

Net Profit Marketing Accessories Fashion 243

Inside Retail

AUGUST 26, 2024

Lovisa Holdings booked higher net profit amid a strong trading performance and global expansion in the last fiscal year. The company’s net profit grew 20.9 The jewellery and accessories retailer ended the fiscal year with 900 stores globally after opening a net 128 new stores., per cent to $82.4

Net Profit 147

Net Profit Accessories Marketing ATS 147

Inside Retail

MARCH 11, 2025

For an all too brief period, the Alceon investment house achieved its ambition to be the largest womens fashion specialty retailer in Australia. million profit on sales of almost $111 million, with the profit certainly an improvement on the previous year. million and net profits to $17.3

Fashion 147

Fashion Net Profit Specialty Retailers Planning 147

Inside Retail

MAY 15, 2024

“As the country’s number one work footwear brand, this new offering is a natural for us, but Skechers x John Deere also epitomises the outdoors and fashion for millions of followers and fans.” Skechers said last month that increased sales in the first quarter resulted in a massive increase in net profitability. per cent to $2.25

Net Profit 262

Net Profit Outdoor Fashion Accessories 262

Inside Retail

NOVEMBER 8, 2024

. “Jewellery maisons, responsible for the bulk of group profits – produced a resilient performance,” said Bernstein analyst Luca Solca, although watches performed much worse than expected. Richemont’s net profit for the first half of its financial year fell to $494.64 million from $1.63

Net Profit 130

Net Profit Accessories Fashion Consumer 130

Inside Retail

SEPTEMBER 26, 2024

The fashion retailer’s sales fell 3 per cent to SEK59.01 billion) and net profit dropped 30 per cent to SEK2.31 H&M Group has booked lower sales in the fiscal third quarter amid cold weather in many key European markets. billion (US$5.82 billion in the three months ended August 31.

Marketing 246

Marketing Net Profit Fashion Shopping 246

Inside Retail

NOVEMBER 16, 2023

Accent Group’s sales in the first 19 weeks of FY24 remained flat but the fashion and footwear company is still on track to open 70 new stores in the first half of the fiscal year. per cent, and a net profit of $88.7 The company said that its owned retail sales went up 2.1 billion, up 26.3 million, surging 181.8

Net Profit 264

Net Profit Wholesale Fashion Planning 264

Inside Retail

FEBRUARY 28, 2024

The incoming CEO expressed optimism about the company, noting the growing fashion market and demand for affordability. I will be looking to amplify the pride in our brands and the people behind them, in providing affordable fashion for all.” “Low price is also not the antithesis of style. . per cent to $234.1

Net Profit 264

Net Profit Fashion Consumer Marketing 264

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

Inside Retail

JANUARY 6, 2025

However, better control of selling and administrative expenses helped deliver an increase in net profit for the quarter of 108.1 Net profit for the first nine months of the year is up 24 per cent. The gross margin percentage of revenues in the third quarter was 52.8 per cent, a decline from 53.1 million baht ($3.5

Net Profit 130

Net Profit Accessories Wholesale Jewelry 130

Inside Retail

FEBRUARY 16, 2025

For the full year, revenue rose 13 per cent (15 per cent in constant currency) to 15 billion, and consolidated net profit increased 7 per cent to 4.6 The Americas rose 21.4 per cent, while Europe increased 16.9

Net Profit 130

Net Profit Management Accessories Fashion 130

Inside Retail

AUGUST 7, 2024

Myer has flagged a drop in profit for this fiscal year, largely due to underperformance at its three specialty brands amid macroeconomic challenges. The department store chain expects net profit after tax of between $50 million and $54 million for FY24, compared to $71.1 million in the prior year.

Net Profit 286

Net Profit Department Stores Management Consumer 286

Inside Retail

APRIL 6, 2025

Slower revenue growth, shrinking profit margins, and a dwindling share in the national retail economy have pushed many operators to re-evaluate their strategies. More than 70 per cent of surveyed department-store operators experienced year-on-year sales and net profit declines last year, including Xujiahui Shopping Mall and Inzone Group.

Department Stores 130

Department Stores Net Profit Store Operations Store Layout 130

Inside Retail

SEPTEMBER 13, 2022

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. per cent decline in net profit after tax.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

Inside Retail

AUGUST 27, 2024

However, net profit fell from $88.7 The company has more than 800 stores across Australia and New Zealand along with over 35 online platforms. Last week, Accent reported sales of $1.61 billion for the 2024 financial year, which was up from $1.57 billion the year prior. million to $59.5 The company’s shares were down 4.25

Net Profit 262

Net Profit Marketing ATS Accessories 262

Retail Gazette

JUNE 13, 2025

Inditex has been increasing investment behind its Lefties brand for the last couple of years in a bid to compete with its rapidly growing fast fashion rivals such as Shein. It comes after the Spanish fashion giant saw first quarter sales edge up 1.5% and delivered a net profit of £1.16bn, up marginally year-on-year.

Net Profit 64

Net Profit Fast Fashion Fashion Location 64

Retail Gazette

MARCH 12, 2025

Zara owner Inditex enjoyed a strong FY24 as it posted a 10% increase in pre-tax profit to 6.4bn (7.6bn) in the year to 31 January, up from 5.8bn (6.9bn). Sales for the Spanish fashion giant jumped 10.5% in currency-neutral terms to 32.5bn (38.6bn), which it attributed to a positive performance across all its fashion brands.

Net Profit 66

Net Profit Fashion 66

Inside Retail

JULY 28, 2024

Moves by authorities in the European Union and elsewhere to end tax breaks for low-value parcels threaten Shein’s profitability and risk denting the fast fashion retailer’s long-term attractiveness ahead of its planned stock market debut, investors who focus on the sector said. per cent of sales.

Fast Fashion 246

Fast Fashion Net Profit Fashion Planning 246

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 decreased valuation was attributed to the wider decline in tech company stock prices as well as rising geopolitical headwinds and increased competition.

Planning 275

Planning Marketing Net Profit Finance 275

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 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

Net Profit 244

Net Profit Department Stores Planning ATS 244

Inside Retail

MAY 16, 2023

“We expect to see the benefits of lower product and shipping costs begin to flow through in the first half of the next financial year and we will remain focussed on tightly controlling our cost base to preserve profitability.” A further four new stores are due to open before the end of the calendar year.

Net Profit 242

Net Profit Apparel Shipping Consumer 242

Retail Gazette

JUNE 10, 2025

rise in first-quarter sales to €8.27bn (£7.3bn), falling short of analyst expectations of €8.36bn, as the fast-fashion giant faces a more cautious consumer environment. and delivered a net profit of €1.31bn (£1.16bn), up marginally year-on-year. Zara owner Inditex reported a 1.5%

Net Profit 59

Net Profit Fast Fashion Fashion Accounting 59

Inside Retail

SEPTEMBER 27, 2023

Meanwhile, Premier Investments’ statutory net profit after tax fell 4.9 Gross profit grew 5.4 . “We maintain a relentless focus on product and channel optimisation whilst working with the board to maximise growth opportunities for each of our brands,” he concluded. per cent to $271.1 per cent to $1.02

Net Profit 262

Net Profit Apparel Wholesale Returns 262

Inside Retail

OCTOBER 3, 2022

NZX-listed fashion retailer Hallenstein Glasson has reported a 23 per cent drop in net profit for the year ended August 1 to AUD39,83 million despite sales growth in the second half. per cent growth in sales with net profit increasing 16.4 per cent with net profit down 64.7 per cent to AUD547.05

Net Profit 130

Net Profit Fashion Accounting Marketing 130

Inside Retail

MARCH 25, 2024

Premier Investments posted net profit after tax of $177.2 However, the Australian Financial Review (AFR) said Lew will ensure that the next generation of management stars inside Premier are given their chance to shine. million for the first half of FY24, while EBIT reached $209.8 million, exceeding previous guidance.

Planning 264

Planning Net Profit Management Marketing 264

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. After a difficult start to the year, outdoor group Kathmandu ended FY21 with relatively strong sales growth of 15.1 Once again, however, the Kathmandu brand suffered throughout the year. per cent.

Net Profit 237

Net Profit Outdoor Wholesale Returns 237

Inside Retail

JULY 25, 2024

Luxury fashion company Hermes has posted a 15 per cent increase in sales for the first half, with double-digit growth recorded across all markets. billion, and consolidated net profit edged up to €2.4 The company’s consolidated revenue for the January-June period reached €7.5 billion (US$8.1 billion from €2.2 billion last year.

Net Profit 130

Net Profit Fashion Marketing Accessories 130

Inside Retail

FEBRUARY 18, 2025

Step One Clothing’s net profit grew despite a decline in new customers in the first half. The online underwear retailer’s net profit soared 15.1 Last fiscal year, Step One’s net profit soared 43.9 per cent to $8.2 million while revenue rose 6.8 per cent to $48.1 per cent to $11.2

Net Profit 130

Net Profit Advertising Marketing Accessories 130

Inside Retail

JULY 5, 2022

While Inditex recorded growth across most of its geographic markets with revenue and net profit increasing 36 per cent and 80 per cent, respectively, in China – where 67 stores were affected by Covid-19 restrictions – the Spanish retailer experienced the reverse fortune.

Fast Fashion 130

Fast Fashion Net Profit Fashion Apparel 130

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

Inside Retail

SEPTEMBER 30, 2021

Fashion house Hallenstein Glassons has delivered a year of growth in a difficult market, with group sales almost 22 per cent up to $333 million and net profit hitting $31.7 million – 20 per cent higher than FY20.

Net Profit 130

Net Profit Inventory Management Fashion Management 130

Retail Gazette

DECEMBER 10, 2024

The Spanish fashion giant’ s gross profit increased to 7.2%, reaching 16.3bn (14.0bn), and its gross margin remained stable at 59.4%. The group’s operating expenses rose by 7%, below the rate of sales growth, which helped maintain its healthy profit margins. Zara owner Inditex saw sales rise 7.1%

Net Profit 105

Net Profit Operating Expenses Fashion Customer Experience 105

Inside Retail

JANUARY 31, 2023

H&M and LVMH target very different sectors of the fashion industry. The former, a fast fashion giant based in Sweden, saw a slump in fourth quarter earnings, with its operating profits falling by 87 per cent year on year, and its net profit declining by about 68 per cent.

Fast Fashion 147

Fast Fashion Fashion Apparel Net Profit 147

Inside Retail

JANUARY 28, 2022

In what the Stockholm-headquartered multinational fast-fashion retailer described as a “strong recovery” H&M increased its net profit nearly seven-fold to US$1.5 H&M grew its online business by 24 per cent last year to the point e-commerce now accounts for about one-third of its total sales. Gross margin rose by 2.8

Net Profit 130

Net Profit Fast Fashion Fashion Apparel 130

Retail Gazette

OCTOBER 3, 2024

Shein is preparing to start early, informal investor meetings in the coming weeks for its planned London initial public offering (IPO), as the fast fashion giant steams ahead with preparations as it awaits UK regulatory approval. As of Thursday, a review of the CSRC website, which lists approved offshore IPO candidates, did not include Shein.

Fast Fashion 105

Fast Fashion Net Profit Fashion Planning 105

Retail Gazette

APRIL 4, 2024

Mango has teamed up with fashion designer Victoria Beckham to launch a new capsule collection as it marks its 40 th anniversary. The retailer pulled in €3.1bn in sales last year, which helped to push net profits up by 112% from €81m (£69m) to €172m (£147m) for the year to 31 December 2023.

Net Profit 104

Net Profit Fashion 104