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Adore Beauty rights ship in FY21 with revenue, customer and profit growth

Inside Retail

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 The post Adore Beauty rights ship in FY21 with revenue, customer and profit growth appeared first on Inside Retail.

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How Temple & Webster plans to use AI, private labels to reach $1b in sales

Inside Retail

Meanwhile, its net profit fell by over 30 per cent to $8.3 Temple & Webster also has plans to achieve $1 billion in annual sales within the next three to five years. It plans to increase its brand spend in the upcoming financial year. About 70 per cent of what we sell is drop-ship, so there’s no inventory.

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Nick Scali logs full year double-digit growth in revenue, profit

Inside Retail

per cent growth in net profit after tax for the year ended June 30 – a success it attributes to smart logistics management. million, while net profit after tax reached $101.1 It plans to open three new Plush locations and one Nick Scali venue in the first half of FY24. Furniture retailer Nick Scali posted a 15.1

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Vinted posts first profit as CEO points to ‘huge potential’

Retail Gazette

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.

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Baby Bunting marks record sales, begins New Zealand foray

Inside Retail

million (with same-store sales up by 5 per cent) while statutory net profit attributable to shareholders rose 14.6 The same day the retailer announced its results, it opened its first store in New Zealand, at Auckland, and said it plans a second store in Christchurch during the next financial year. per cent to $507.3

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Coles signals FY23 to be a year of investment and inflation

Inside Retail

The business unveiled its FY22 performance on Wednesday morning, and said sales and earnings remained flat on a year prior and net profit edged 4.3 Our strategic plans have adapted to meet the significantly higher e-commerce sales that we have now, [compared to] 2019,” Cain explained. per cent higher to $1.04

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10 Most Important Ecommerce KPIs to Measure in 2023

Retalon

With rising costs across the supply chain, effectively managing GMROI through careful inventory planning and merchandising strategies is more critical than ever. It is a prediction of the net profit you will gain from your relationship with a customer.