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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. Wholesale sales have been more challenging, reflecting softer demand from other retailers,” said Accent Group CEO Daniel Agostinelli.

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Premier Investments’ retail sales rise as brands recover from Covid-19 impact

Inside Retail

Smiggles also signed an agreement with a wholesale partner to open 60 freestanding stores in the UAE, Qatar, Kuwait, Oman, and Bahrain over the next decade. Meanwhile, Premier Investments’ statutory net profit after tax fell 4.9 Gross profit grew 5.4 The brand opened six new stores during the year. per cent to $319.8

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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. billion in revenue last year with a net profit of US$216.6

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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 Same-store sales growth was almost flat-lining at 0.5

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Kathmandu Group rebounds in FY22 despite lockdown, supply chain impacts

Inside Retail

The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. Rip Curl’s wholesale order books are now significantly above pre-Covid levels.”. After a difficult start to the year, outdoor group Kathmandu ended FY21 with relatively strong sales growth of 15.1 per cent. “Rip

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How Chinese toy giant Pop Mart thinks local, dominates global

Inside Retail

But we tested the market with a local wholesaler and via e-commerce and we realised it had a lot of potential.”. Those partner – or licensed – brands include toy companies such as Disney and Nickelodeon, through to fashion labels including Moncler and Ray-Ban. We initially assumed it might not be easy to enter the UK market.

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