Inside Retail

MARCH 27, 2024

Collectible toy retailer Pop Mart says its net profit increased by more than 100 per cent last year. The growth is largely due to expansion in multiple markets, especially in Asia where the ‘blind box toy’ specialist’s next expansion plan is into Vietnam with the opening of its first two stores.

Net Profit 263

Net Profit Location Planning Marketing 263

Retail TouchPoints

MARCH 17, 2025

However, the buy now, pay later (BNPL) company still has not revealed how many shares it plans to sell, their price range or when the IPO will take place. In the filing, Klarna did reveal some of its financial results for 2024, including its $21 million in net profit. The Sweden-based company, which has operated in the U.S.

Merchant Services 162

Merchant Services Net Profit Payment Services Checkout 162

Retail Gazette

JANUARY 23, 2025

Rituals is set to double down on its growth plans after topping 2bn (1.77bn) in sales for the first time in its 25-year history. As part of its expansion strategy, Rituals plans to open 240 new stores globally in 2025, including significant growth in the UK and Ireland. Sales in these markets rose by 39% to 172m (148.6m) in 2024.

Net Profit 104

Net Profit Point of Sale Wholesale Planning 104

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

JANUARY 6, 2025

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

Net Profit 130

Net Profit Accessories Wholesale Jewelry 130

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

APRIL 6, 2025

Market struggles Chinas department-store sector has long been a foundational part of the countrys commercial infrastructure, but in recent years, it has been under mounting pressure. Slower revenue growth, shrinking profit margins, and a dwindling share in the national retail economy have pushed many operators to re-evaluate their strategies.

Department Stores 130

Department Stores Store Operations Net Profit Store Layout 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

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

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

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

Inside Retail

MARCH 11, 2025

Noni B appeared to fare better under Alceon and Scott Evans who was appointed as CEO following the on-market takeover, but its financial results were flattered by the 2017 acquisition of the Pretty Girl Group and the 2018 purchase of five retail chains from Specialty Fashion Group. million and net earnings to a modest $3.3

Fashion 147

Fashion Net Profit Specialty Retailers Planning 147

Inside Retail

SEPTEMBER 16, 2021

To reach his $1 billion online sales target, King plans to continue to improve Myer’s website and user experience, expand the range of products it offers online, speed up the delivery of online orders and better leverage the Myer One loyalty program. Statutory net profit after tax rose to $46.4 Myer reported $539.5

Planning 130

Planning Net Profit Department Stores Fulfillment 130

Inside Retail

MARCH 10, 2022

After a rollercoaster six months of lockdowns, Christmas and Omicron, department store Myer yesterday delivered a strong half year result with net profit up 55 per cent and its first dividend payment since FY17. We know the program is a highly valuable differentiator in the market.”.

Payment Services 246

Payment Services Net Profit Department Stores Planning 246

Inside Retail

MARCH 13, 2025

Those that didnt were usually being temporarily disrupted while upgrades were carried out under the companys asset enhancement plan. billion) and the net profit of 16.7 The company said most, but not all, of the malls in its portfolio experienced record levels of foot traffic and revenues. billion Thai baht ($1.6

Net Profit 130

Net Profit Shopping Accounting Returns 130

Inside Retail

NOVEMBER 10, 2022

I’m [coming in] because I want to listen to the team, and add my value to that plan going forward,” he said. “I million, while its net profit rose by over 100 per cent compared to the last financial year, excluding JobKeeper support, to $60.2 He added that King and the team have brought Myer back to life.

Net Profit 245

Net Profit Planning Management Returns 245

Inside Retail

AUGUST 23, 2022

Group net profit rose 11 per cent to $495 million compared to a year prior, as did earnings per share which rose to 27.6 Donohue noted that the group sees an opportunity to better personalise its marketing content for its growing loyal customer base: with the ‘My Dan’ loyalty program jumping 15 per cent to over 4.5

Planning 130

Planning Net Profit Returns Supermarket 130

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

Retail TouchPoints

JULY 29, 2021

The toy market certainly had a very good pandemic, with families at home and keen to keep themselves and their children busy. Profits at Barbie and Hot Wheels firm Mattel were $126.6 LEGO also reported a strong year with net profit up almost 20% to DKK 9.9 The Toy Store of the Future. Most retailers in the U.S.

Net Profit 306

Net Profit Fulfillment Boutique Outdoor 306

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

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. The Shein share offering would provide a much-needed lift to London’s sluggish IPO market.

Fast Fashion 105

Fast Fashion Net Profit Fashion Planning 105

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 We ended the year strongly with sales back at the same level as before the pandemic and with profitability better than it has been for several years.”.

Net Profit 130

Net Profit Fast Fashion Fashion Apparel 130

Inside Retail

AUGUST 18, 2021

per cent to $242 million, leading net profit to hit $76.9 per cent), the business continues to plan for growth. The business sees opportunities to grow Glue Store, as well as the Stylerunner and Exie brands, into New Zealand and other markets in the coming years. billion – a 19.9 per cent jump on a Covid-19 impacted FY20.

Net Profit 130

Net Profit Store Operations Marketing Planning 130

Retail Gazette

APRIL 9, 2024

Charlotte Tilbury-owner Puig is looking to raise more than £2.1bn (€2.5bn) through an initial public offering, making it the biggest stock market listing in the beauty sector in years. In 2023, the beauty group reported net revenues of £3.7bn (€4.3bn), up 19%, while net profit rose to £398m (€465m), up 16% on the previous year.

Net Profit 105

Net Profit Accounting Marketing Planning 105

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 These results have not deterred the company from its expansion plans. billion baht.

Net Profit 130

Net Profit Accounting Finance Planning 130

Inside Retail

MARCH 23, 2022

The increased cost of freight and raw materials are driving up prices at Rip Curl and Oboz, where consumers in some markets could soon pay more for items such as wetsuits and hiking boots than they did a few months ago. Sales were virtually flat at NZ$407.3 million compared to NZ$410.7 million the previous year.

Outdoor 130

Outdoor Net Profit Wholesale Marketing 130

Inside Retail

MARCH 8, 2023

But he believes that the company’s impressive sales growth is set to continue as it emphasises the initiatives that underline its ‘Customer First Plan.’ billion, while net profit after tax grew by 101.4 For the 26 weeks to 28 January 2023, Myer saw total sales growth of 24.2 per cent to almost $1.85 per cent, to $65 million.

Department Stores 147

Department Stores Net Profit Inventory Management Management 147

Inside Retail

MARCH 25, 2025

This year, Central plans to open four new home-improvement stores, 10 supermarkets/food halls and four Go Wholesale warehouses in Thailand, plus two Go! billion baht, and net profit by 1.3 It now has 10 units in operation and by the end of 2025 will have 14 if all goes according to plan. hypermarkets and three Mini Go!

Department Stores 130

Department Stores Wholesale Supermarket Net Profit 130

Inside Retail

JUNE 21, 2021

Myer floated on the Australian Securities Exchange in 2009 with a market capitalisation of $2.4 The $56 million operating profit for the first half of the current financial year followed a 15 per cent reduction in costs, which included the rent reductions and floorspace sacrifice, as well as government support.

Department Stores 113

Department Stores ATS Net Profit Planning 113

Inside Retail

JUNE 22, 2023

The company’s goals include establishing three enterprises that generate over RMB 1 trillion in revenue and RMB 70 billion in net profits, having five enterprises that rank on the Fortune Global 500 list, and bringing seven publicly listed companies to obtain a market value of RMB 100 billion.

Merchant Services 130

Merchant Services Supply Chain Management Net Profit Marketing 130

Inside Retail

SEPTEMBER 1, 2022

In a recent report, Seoul-headquartered consultancy Samjong KPMG estimated that Korea’s luxury goods market expanded by almost 30% in 2021, to US$5.8 enjoyed an increase in net profit of nearly 400 percent. The company plans to invest 20 trillion won (US$14.4 Online sales rose by 12.2 The parent company, Shinsegae Inc.,

Department Stores 130

Department Stores Net Profit Fashion Boutique 130

Small Biz Trends

OCTOBER 2, 2022

Hosted in partnership with the Valdosta-Lowndes Chamber of Commerce and the Black Business Alliance, the program is funded through the American Rescue Plan Act. The state’s Forest Recovery Initiative is part of the Maine Jobs & Recovery Plan. Applications are available now, and must be submitted by October 17.

Net Profit 128

Net Profit Outdoor Planning Marketing 128

Inside Retail

JUNE 1, 2022

When Chinese collectables retailer Pop Mart launched a pop-up store at London Westfield in January of last year to test its concept in the UK, it expected the Asian diaspora to be its largest potential market demographic. We initially assumed it might not be easy to enter the UK market. The merchandise and the market.

Marketing 130

Marketing Net Profit Planning Promotions 130

Inside Retail

FEBRUARY 14, 2024

Notably, this initiative was not directed at executive staff, but rather the people interacting with customers daily, and the brand has plans to proliferate it to other employees. Also the company returned to a net profit, of A$36.8 million net loss in the prior corresponding period. million, up from a $2.3

Net Profit 262

Net Profit Customer Experience Accessories Location 262

Inside Retail

AUGUST 11, 2023

On Friday morning, baby-goods retailer Baby Bunting revealed a 51 per cent drop in net profit during FY23, though sales ticked up 1.7 In fact, the business has already listed over 5,000 new products to its online offer, and plans to finish the calendar year with 20,000 new SKUs available. “In

Net Profit 130

Net Profit Consumer Accounting Planning 130

Inside Retail

JUNE 5, 2024

Net profit increased by 6.3 The company plans to open another nine by the end of this year. Its after-tax profit was likewise savaged, falling 5.4 The other biggie in the DIY market is Roi Et-based Siam Global House, whose store fleet is more concentrated than its competitors in the company’s native northeast of Thailand.

Net Profit 100

Net Profit Consumer Finance Marketing 100

Retail Gazette

APRIL 29, 2024

Vinted, the online marketplace for secondhand fashion, has made a profit for the first time following a “strong” year of growth. The Lithuanian business made a net profit of €18m last year versus a loss of €20m in 2022. Sales surged 61% year on year to reach €596.3m.

Net Profit 64

Net Profit Fashion Shipping Planning 64