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

AUGUST 17, 2021

Unprecedented demand in lifestyle and leisure gifted Super Retail Group record sales and earnings in FY21, with net profit doubling during the year to $306.8 Despite continued lockdowns across Australia, Super Retail saw total group sales jump 22 per cent to $3.45 At Supercheap Auto sales increased to $1.31

Net Profit 246

Net Profit Inventory Management Management Location 246

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. Sales in the group’s brands Glassons and Hallenstein Brothers grew throughout the year, 16.88 per cent to $92.7

Net Profit 130

Net Profit Inventory Management Fashion Management 130

Inside Retail

MARCH 8, 2023

billion, while net profit after tax grew by 101.4 King said that Myer’s strong value proposition, and disciplined approach to cost and inventory management would enable it to withstand these pressures. “We For the 26 weeks to 28 January 2023, Myer saw total sales growth of 24.2 per cent to almost $1.85

Department Stores 147

Department Stores Net Profit Inventory Management Management 147

V Count

OCTOBER 5, 2022

Being competitive to draw clients while making sure the retail store makes enough money from each sale is how profit margins are managed. Profit is a necessity for all retailers. The ratio between a product’s cost base and its selling price is known as the profit margin. Improve your inventory visibility.

Customer Retention 52

Customer Retention Markdowns Bundled Pricing Net Profit 52

Retalon

AUGUST 22, 2023

signals potential issues with inventory management and product mix. Why It Matters Tracking GMROI allows retailers to identify negative trends and optimize inventory to maximize gross margins. It is a prediction of the net profit you will gain from your relationship with a customer. Anything under 1.0

Customer Retention 41

Customer Retention Returns Payment Services Promotions 41