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Accent Group’s sales remain weak in first 19 weeks of FY24

Inside Retail

Wholesale sales have been more challenging, reflecting softer demand from other retailers,” said Accent Group CEO Daniel Agostinelli. The company is set to open several of its planned stores in November and December. per cent, and a net profit of $88.7 per cent like-for-like experienced in the first seven weeks.

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Distribution and Wholesale Seek Retail Skillset to Gain Competitive Edge

365 Retail

Embracing an omnichannel approach which allows for a positive customer journey is increasingly being adopted by distributors and wholesalers, who are moving to utilise interim retail resource to create competitive advantage. Supply chain, demand planning and inventory are specialisms many retailers have mastered well.

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KMD Brands profit dives through first half

Inside Retail

The business’ net profit after tax fell 124.7 The brand performed well in both online and wholesale channels with online sales growing 14.5 Oboz’s wholesale and online sales were severely impacted by factory closures in Vietnam. Group sales for the half were recorded at $379.95 million (NZ$407.3 per cent, a loss of $5.13

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Super Retail Group delivers record sales, eyes expansion

Inside Retail

billion although tax-paid net profit fell 20 per cent to $244.1 The business says wholesale sales in this channel grew 95 per cent since its products were expanded to 200 outlets of BCF and Rebel stores. For the year to July 2, the business says sales grew 2.8 per cent to $3.55

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Price hikes not the only way to deal with inflation, KMD Brands CEO says

Inside Retail

And certainly we’ve already done that from a Rip Curl and Oboz perspective with our wholesale prices in the last season or two. Daly addressed the issue of inflation and price hikes following his announcement of KMD Brands’ first-half results for FY22 , which included a 125 per cent drop in statutory net profit after tax to a loss of NZ$5.5

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WBA Q2 results top expectations

Mass Relators

. — Walgreens Boots Alliance’s second quarter sales and earnings topped Wall Street’s forecast, even as its net profit slid more than 20%. WBA’s net profit of $703 million, or 81 cents a share, was down from $883 million, or $1.02 percent, and the Germany wholesale business growing 7.5 Gross profit decreased 0.7

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12 Accounting Mistakes New Business Owners Often Make

Small Biz Trends

. “Pay attention to actual profit and cash flow. net profit to the company can be very different from revenue coming in the door.” Budgeting monthly expenses, bookkeeping, analyzing profit and cash flow statements and financial planning are critical, detail-oriented tasks that demand a lot of attention.