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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 Sales grew 12.6 per cent to $1.01 per cent to $97.4

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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. Creating a digital gateway requires experience in technology implementation and in digitising customer services.

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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. per cent, and a net profit of $88.7 The company said that its owned retail sales went up 2.1 per cent while like-for-like sales declined 2 per cent. billion, up 26.3 million, surging 181.8

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

Inside Retail

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 Gross profit grew 5.4 The brand opened six new stores during the year. per cent to $319.8

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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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How to Start a Wholesale Business

Independent Retailer

If you are debating whether or not to start a wholesale business, you have come to the right place. As a wholesaler, you are going to be providing products to other companies at a discounted price. Understanding Profit Margins. For example, a coffee mug costs the wholesaler $1, which is the acquisition cost. back to top.

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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. Rip Curl’s wholesale order books are now significantly above pre-Covid levels.”. After a difficult start to the year, outdoor group Kathmandu ended FY21 with relatively strong sales growth of 15.1 per cent. “Rip