Inside Retail

MARCH 25, 2024

Premier Investments posted net profit after tax of $177.2 Management cited a challenging discretionary retail environment, with customers exposed to increased cost of living pressures in all global markets. 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

FEBRUARY 28, 2024

The incoming CEO expressed optimism about the company, noting the growing fashion market and demand for affordability. Profit lifts on lower sales During the fiscal first half, Mosaic Brands’ net profit surged 121 per cent to $5.4 “Low price is also not the antithesis of style. per cent to $234.1

Net Profit 264

Net Profit Fashion Consumer Marketing 264

Retail Gazette

MARCH 13, 2024

Lego profits were hit by the most difficult toy market in over 15 years, as it warned its business would remain under pressure in 2024. The Danish toy retailer saw net profit drop 5% to £1.50bn in 2023, while it pulled in annual sales of £7.55bn, marking a 2% rise from 2022.

Marketing 59

Marketing Net Profit 59

Retail TouchPoints

OCTOBER 23, 2023

Shoppers who want to give back can purchase a Kohl’s Cares book or plush , with all net profits being donated to nonprofits working to improve the health and wellness of children and families across the U.S. The retailer has already started holiday-centric deals this month with a series of weekly LEGO deals.

Net Profit 276

Net Profit Department Stores Promotions Checkout 276

Inside Retail

JUNE 5, 2023

Thailand’s HomePro is strengthening its market leadership in the country’s DIY/home improvement industry in the first half of 2023. According to Statista Market Insights, the DIY and Hardware market was worth US$14.21 According to Statista Market Insights, the DIY and Hardware market was worth US$14.21

Marketing 130

Marketing Net Profit Sporting Goods Outdoor 130

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 with net profit down 64.7

Net Profit 130

Net Profit Fashion Accounting Marketing 130

Inside Retail

FEBRUARY 21, 2024

Jewellery brand Lovisa saw a strong uplift in revenue for the fiscal first half along with new store openings and market entries. The Australian-headquartered retailer opened 74 new stores and ended the half with a network of 854 across more than 40 markets. per cent, while net profit after tax rose 12 per cent to $53.5

Net Profit 130

Net Profit Marketing Location Accessories 130

Inside Retail

AUGUST 28, 2023

The group recorded net profit after tax of $2 million compared with $14 million in last year’s first half, indicating inflationary pressures facing the group in all markets. Total store sales were $589.4 million, up 9.4 per cent year over year, supported by the opening of new stores and a stronger US dollar.

Net Profit 246

Net Profit Location Marketing 246

Retail TouchPoints

SEPTEMBER 27, 2021

If you didn’t have a connection at Walmart or Target or CVS , you had no chance to bring your brand to market, even if you had the best product in the world. Think about razors: 10 years ago, P&G owned the razor market, then Dollar Shave Club and Harry’s razors came in and just completely changed the game.

Net Profit 264

Net Profit Advertising Accounting Marketing 264

Inside Retail

FEBRUARY 21, 2023

Domino’s Pizza Enterprises said its first-half net profit fell 21.5 The Australian franchise of Domino’s says its first-half profit attributable for the period ended Jan 1 was $71.7 The post Domino’s Pizza profit slumps as inflation hits consumer spending appeared first on Inside Retail.

Consumer 246

Consumer Net Profit Management Marketing 246

Inside Retail

SEPTEMBER 13, 2022

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

Inside Retail

AUGUST 29, 2021

Net profit grew 168 per cent over the course of the year, with the beauty firm eking out a positive result of $845,000 – a slight win, but a big boost on last year’s loss of $1.2 Active customers hit 818,000, up 39 per cent, which drove revenue growth of 48 per cent to $179.3

Shipping 246

Shipping Beauty and Health Net Profit Returns 246

Inside Retail

AUGUST 14, 2023

per cent growth, while net profit fell 3.7 The JB advantage JB Hi-Fi Group’s chief executive Terry Smart told analysts and investors that the business has a number of competitive advantages in the market, such as a younger customer base and semi-discretionary items, including phones and laptops, still performing well.

Net Profit 246

Net Profit Marketing Consumer Retail Marketing 246

Inside Retail

MARCH 3, 2024

The loyalty market in the Asia Pacific (Apac) region is expected to grow by 11 per cent annually, to reach US$52.05 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. billion in 2024. Comparatively, Woolworths reported a 2.17

Supermarket 130

Supermarket Net Profit Department Stores Checkout 130

Inside Retail

AUGUST 17, 2021

At its full year results announcement on Wednesday morning, Coles revealed that net profit broke the one-billion-dollar mark, rising 2.8 Coles overall produced reasonably strong results, attaining just over $1 billion in net profit for the first time,” Mortimer told Inside Retail. “Of per cent to $1.005 billion.

Supermarket 246

Supermarket Net Profit Markdowns Checkout 246

Inside Retail

SEPTEMBER 15, 2021

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 The result, according to CEO John King, is due to the business’ ability to thrive despite the extraordinary market conditions, and a continued focus on its online channel.

Department Stores 246

Department Stores Net Profit Shipping Management 246

Inside Retail

JULY 5, 2022

Inditex’s other brands, including Zara and Massimo Dutti, however, will remain operating in the market. The withdrawal of the labels from China follows American Eagle Outfitters’ recent move to close its local e-commerce stores in the country, prompting its departure from the market.

Fast Fashion 130

Fast Fashion Net Profit Fashion Apparel 130

Inside Retail

JUNE 17, 2022

Humm Group cited current disruptions in financial markets for the termination of the offer, in a statement to the bourse. BNPL firms have seen their market value shrink rapidly as interest rate hikes to tame rising inflation fuelled concerns about a slowdown in consumer finance. Shares of Humm Group fell as much as 11.3

Net Profit 130

Net Profit Finance Consumer Marketing 130

Retail TouchPoints

JULY 11, 2022

Kohl’s dedication to supporting brands that “offer a purpose beyond profits” will extend to its overall back-to-school selection, which features brands including: Ivory Ella , which donates 10% of all net profits to organizations like Save the Elephants; Yoobi , a brand that donates a school supply item to a child in need in the U.S.

Net Profit 288

Net Profit Apparel Returns Location 288

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. According to Daly the year ahead isn’t likely to be a walk in the park, despite the path out of lockdowns being phased into its key markets of Australia and New Zealand.

Net Profit 246

Net Profit Outdoor Wholesale Returns 246

Inside Retail

AUGUST 23, 2021

Kogan’s bloated inventory and logistics costs severely impacted its profitability in FY21, with net profit plummeting 86.8 However, with its inventory now approaching an appropriate level for the business and the market, Kogan expects an improved operations moving forward. per cent to $3.5 million (compared to $26.8

Net Profit 246

Net Profit Promotions Management Shopping 246

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. According to Daly the year ahead isn’t likely to be a walk in the park, despite the path out of lockdowns being phased into its key markets of Australia and New Zealand.

Net Profit 237

Net Profit Outdoor Wholesale Returns 237

Inside Retail

NOVEMBER 22, 2021

million and adjusted net profit to $28.6 As of the end of September, Miniso operated 4871 stores, with a net addition of 122 stores during the quarter. “In Sales surged 28.1 per cent to US$411.9 million, 80.3 per cent higher year on year and 27 per cent quarter on quarter.

Net Profit 130

Net Profit Marketing Discount Store 130

Inside Retail

FEBRUARY 10, 2022

Retailer Baby Bunting Group has reported strong revenue growth in the first half on the back of market-share gains. Net profit after tax was $8.1 In a results presentation, Baby Bunting’s CEO and MD, Matt Spencer indicated the company has plans to enter the New Zealand market with 10 stores. million, up by 12.2

Planning 130

Planning Net Profit Accounting Marketing 130

Inside Retail

AUGUST 31, 2023

The growth was partly assisted by the opening of eight net new stores since mid-2022, and five more are planned for the second half of this year. Net profit for the first half was up 6.6 Net profit was 1.6 per cent, year-on-year, to 3.2 billion baht. Revenue from this source was 940.6 million baht, up 15.3

Net Profit 130

Net Profit Accounting Finance Planning 130

Inside Retail

MARCH 24, 2022

Premier investments’ online channels have contributed significantly to group’s half-year profit despite volatile trading conditions in its first-half results. Net profit after tax was registered at $163.6 Group sales increased 0.6 per cent delivering $769.9 million contributing 25.4 per cent of total sales.

Net Profit 130

Net Profit Marketing ATS Accessories 130

Inside Retail

JULY 18, 2021

As previously communicated to the market, the Company actively considers acquisitive growth opportunities from time-to-time having regard to the strategic rationale, available synergies, financial impact and the long-term value created for Nick Scali shareholders,” Nick Scali said in a letter to shareholders. million from $20.3

Net Profit 147

Net Profit Shipping Management Consumer 147

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

Net Profit 246

Net Profit Inventory Management Management Location 246

Inside Retail

AUGUST 29, 2023

Domino’s net profit also declined by about 74 per cent, with CEO and managing director Don Meij telling investors that the business would work to “rebalance the value equation.” Clearly we are disappointed with the profitability of our stores. [We] Consumers can sometimes see this fee as an extra tax or a profit margin.

Net Profit 246

Net Profit Consumer Marketing Management 246

Inside Retail

AUGUST 15, 2023

Online furniture and homewares retailer Temple & Webster has partially recovered from the significant losses that occurred during the first half of the 2023 financial year, and is focusing on its private labels, AI technology and value proposition to drive growth and market share over the next three to five years.

Planning 246

Planning Drop-Shipping Net Profit Returns 246

Inside Retail

AUGUST 24, 2021

While the business’ first quarter was heavily impacted by store closures in Victoria, the remainder of the year saw improved performance and positive comparable store sales, with a gross margin of 77 per cent delivering a net profit of $27.7 million – 43 per cent up on last year.

Net Profit 130

Net Profit Jewelry Marketing Management 130

Inside Retail

AUGUST 11, 2022

million (with same-store sales up by 5 per cent) while statutory net profit attributable to shareholders rose 14.6 “We continued to grow our market share at the same time as we delivered very strong gross profit growth. The baby goods retailer says sales grew 8.3 per cent to $507.3 per cent to $19.5

Drop-Shipping 130

Drop-Shipping Net Profit Shipping Planning 130

Inside Retail

AUGUST 25, 2021

Given the level of uncertainty [in the market] and the [$172 million] loss incurred last year by Myer, Premier is requesting that Myer immediately update the market on its expected FY21 results.” Myer’s half year results, however, did see the business recover slightly – with a net profit after tax of $42.9 million, up 8.4

Net Profit 130

Net Profit Department Stores Marketing 130

Inside Retail

AUGUST 26, 2021

Wesfarmers has joined in the parade of businesses reaping the rewards of a strong year of trade, despite ongoing movement restrictions, signaling a 40 per cent jump in net profit to $2.38 Catch’s earnings were also impacted by investments in technology, marketing and fulfilment capabilities to support further growth.

Net Profit 246

Net Profit Fulfillment Planning Management 246

Inside Retail

JUNE 7, 2023

Eighteen months on, the excitement around the merger is beginning to dissipate, as Lotus’s toils in a fiercely competitive market with a cash-strapped core customer. Net profit was up by 8.9 Retail’s weak revenue growth showed up on the bottom line, with net profit from retail stores falling 12.8

Net Profit 130

Net Profit Finance Supermarket Wholesale 130

Retail Gazette

MARCH 12, 2024

Mango has seen its net profit more than double as it rose to €172m (£147m) for the year to 31 December 2023 compared to €81m (£69m) last year. The business attributed much of its success to strong momentum in its physical channel where it opened 130 new stores, taking its total to 2,700 in over 115 markets worldwide.

Net Profit 52

Net Profit Accounting Fashion Marketing 52

Inside Retail

NOVEMBER 16, 2023

I can’t wait to get to Australia and New Zealand to meet our team, customers and partners and continue the growth for Puma in the market,” said Pustina. Nicole Hubbard Graham will become the new chief marketing officer, succeeding Dirk-Jan “DJ” van Hameren, who will retire next summer after 31 years with the company.

Department Stores 130

Department Stores Net Profit Wholesale Fashion 130