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Kathmandu parent KMD Brands sees sales, net profit increase

Inside Retail

Outdoor apparel retailer KMD Brands has witnessed an increase in sales and net profit in FY23 on the back of improved performance across all its businesses – with the Rip Curl and Oboz brands achieving record sales. million and net profit after tax jumping 8.6 Gross profit increased 13 per cent to $599.7

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Premier Investments’ retail sales rise as brands recover from Covid-19 impact

Inside Retail

million as children returned to schools after closures during the pandemic. Smiggles also signed an agreement with a wholesale partner to open 60 freestanding stores in the UAE, Qatar, Kuwait, Oman, and Bahrain over the next decade. Meanwhile, Premier Investments’ statutory net profit after tax fell 4.9

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Kathmandu Group rebounds in FY22 despite lockdown, supply chain impacts

Inside Retail

The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. A recent rebrand, however, has delivered some return to form according to the group. Rip Curl’s wholesale order books are now significantly above pre-Covid levels.”.

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Kathmandu Group rebounds in FY22 despite lockdown, supply chain impacts

Inside Retail

The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. A recent rebrand, however, has delivered some return to form according to the group. Rip Curl’s wholesale order books are now significantly above pre-Covid levels.”.

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Myer CEO talks customer behaviour, rising theft and what’s next

Inside Retail

This growth has been driven by the strength of our multi-channel offering, as customers have returned to stores after [the pandemic], and bolstered by our leading brand and loyalty proposition through Myer One,” King told analysts and investors on Thursday. billion, with $71 million in net profit, up 18 per cent year on year.