Inside Retail

MARCH 27, 2023

Group chairman Solomon Lew has commended Premier Investment’s strong half year results, attributing standout performances to careful management and execution. Smiggle was a particularly strong performer, with sales for the stationary and accessory brand up by 30 per cent growth. per cent compared to the first half of FY2022, to $174.3

Department Stores 246

Department Stores Net Profit Returns Accessories 246

Inside Retail

FEBRUARY 22, 2022

million and net profit after tax of $16.9 A continued focus on inventory efficiency and strong management of supply-chain costs influenced the business. The group has reported first-half revenue of $287.5 Although sales reduced during the first half, like-for-like revenue was stable, up by just 0.1

Net Profit 130

Net Profit Management ATS Accessories 130

Inside Retail

MARCH 28, 2022

Trans-Tasman fashion retailer Hallenstein Glasson has reported a 40-per-cent reduction in half-year profit, citing Covid disruptions. million, with net profit at $11.91 Group sales fell 6.5 per cent to $170.63 million compared with the previous corresponding period. per cent of total group sales.

Net Profit 130

Net Profit Fashion Management ATS 130

Inside Retail

JANUARY 24, 2023

” He said the business will continue to invest in its best-pricing strategy while effectively managing its inventory and cost levels. If optimal trading conditions persist, the company expects to deliver a second-half pro forma net profit after tax of between $18 million and $20 million.

Net Profit 130

Net Profit Planning Management Consumer 130

Inside Retail

JUNE 19, 2023

To “right-size” the business’ cost base, other expense management initiatives have been implemented however the full benefit of these actions and lower product and shipping costs will not be seen until later this calendar year, it said. million and $4.2 million.

Net Profit 130

Net Profit Apparel Shipping Management 130

Inside Retail

MARCH 27, 2022

In the 26-week period ending 29 January, Premier lost 42,675 trading days to government-enforced lockdown measures aimed at controlling the spread of the Delta and Omicron variants of Covid-19, resulting in a 16 per cent drop in net profit to $163.6 We’re not looking at motorcar accessories, for example.

Net Profit 130

Net Profit Accessories Apparel Fashion 130

Inside Retail

SEPTEMBER 30, 2021

Fashion house Hallenstein Glassons has delivered a year of growth in a difficult market, with group sales almost 22 per cent up to $333 million and net profit hitting $31.7 million – 20 per cent higher than FY20. Sales in the group’s brands Glassons and Hallenstein Brothers grew throughout the year, 16.88 per cent to $92.7

Net Profit 130

Net Profit Inventory Management Fashion Management 130

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 By quickly taking decisive action we have succeeded in managing the negative effects of the pandemic,” she said. “We Gross margin rose by 2.8

Net Profit 130

Net Profit Fast Fashion Fashion Apparel 130

Inside Retail

APRIL 8, 2021

Premier Retail’s results were praised by some analysts as the realisation of a long-term strategy and effective management through the Covid-19 challenge. million net profit from $784.6 million in global sales.

Net Profit 130

Net Profit Fashion Supermarket Accounting 130

Inside Retail

SEPTEMBER 30, 2022

million in FY22, according to The Australian , while net profit jumped to $52.4 Yd’s parent company Retail Apparel Group saw growth surge across its stable of brands following the overall lifting of restrictions, though also warned its rollout of new stores has been delayed by the pandemic’s impact. per cent to $628.4

Net Profit 246

Net Profit Apparel Outdoor Advertising 246