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Accent Group’s net profit rises amid 42 new store openings

Inside Retail

Accent Group booked higher net profit on the back of 42 new store openings in the fiscal first half. The fashion group’s net profit increased 11.7 The post Accent Group’s net profit rises amid 42 new store openings appeared first on Inside Retail Australia. million as sales rose 4.2

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Accent Group’s net profit plunges 32.9 per cent

Inside Retail

Footwear retailer Accent Group ‘s net profit plunged amid higher sales in the last fiscal year. The company saw net profit dip 32.9 For the current fiscal year, the company plans to open at least 50 new stores. The post Accent Group’s net profit plunges 32.9 per cent to $59.5

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SHEIN Opens Dublin HQ, Plans 30 Pop-Up Events Across Increasingly Important EMEA Markets

Retail TouchPoints

SHEIN has officially launched its Europe, Middle East and Africa (EMEA) headquarters in Dublin City Centre, Ireland and is planning to host approximately 30 pop-up store events across the region this year to boost its profile with customers. The news comes as fellow Asia-based discount shopping app Temu picks up steam in the U.S.,

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Solomon Lew plans to spin off Peter Alexander and Smiggle next year

Inside Retail

Retail billionaire Solomon Lew has announced plans to spin off two major brands Peter Alexander and Smiggle from his public company Premier Investments next year, as part of a global expansion strategy. Premier Investments posted net profit after tax of $177.2 million for the first half of FY24, while EBIT reached $209.8

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How Mosaic Brands’ rapid expansion led to its devastating collapse

Inside Retail

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

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Accent Group’s sales remain weak in first 19 weeks of FY24

Inside Retail

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. The company is set to open several of its planned stores in November and December. per cent, and a net profit of $88.7 billion, up 26.3

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Moshi Moshi eyes expansion beyond Thailand, targets 200 stores by 2025

Inside Retail

Indeed, 2025s business plan includes piloting large-format stores in such locations. For 2025, the companys business plan is to end the year with about 200 stores. However, better control of selling and administrative expenses helped deliver an increase in net profit for the quarter of 108.1 per cent, a decline from 53.1