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Lovisa’s 43 net new store openings pull net profit up

Inside Retail

Lovisa’s net profit increased in the first half after the opening of 43 new stores worldwide. The jewellery and accessories retailer’s profit grew 6.5 It expects to open its first Zambia store in the coming week, marking its 50th market globally. Last fiscal year, Lovisa’s net profit grew 20.9

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Step One’s net profit surges 43.9 per cent

Inside Retail

Step One Clothing ‘s net profit surged in the last fiscal year, thanks to higher revenue across all its geographies and channels. The underwear retailer’s net profit soared 43.9 The post Step One’s net profit surges 43.9 per cent to $12.4 million as revenue jumped 29.7 per cent to $84.5

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Universal Store Holdings names George Do divisional CEO, net profit dips

Inside Retail

Universal Store Holdings has appointed George Do in the newly created role of Universal Store and Perfect Stranger divisional CEO, effective March 1, after suffering a steep net profit decline in the first half. The new appointment comes after the group posted a net profit of $11.3 per cent, which included a $13.6

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Smiggle loses its giggle, dragging down Premier’s profit

Inside Retail

The core market of young families is among the worst impacted by the current inflationary economy. The brand operated 307 stores across its proprietary markets of Australia, New Zealand, the UK, Ireland, Singapore and Malaysia at the end of the first half. On the bottom line, net profit before tax fell 12.7

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Michael Hill’s profit up, but struggling New Zealand business to be reviewed

Inside Retail

The group’s net profit increased 9.5 “An internal strategic review of our New Zealand segment is underway as we navigate the cyclical downturn in the economy, leverage the brand’s heritage and re-establish the profitability of this segment,” said the company. per cent to $16.9 per cent to $360.2

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Lovisa’s net profit rises amid global expansion

Inside Retail

Lovisa Holdings booked higher net profit amid a strong trading performance and global expansion in the last fiscal year. The company’s net profit grew 20.9 The jewellery and accessories retailer ended the fiscal year with 900 stores globally after opening a net 128 new stores., per cent to $82.4

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H&M’s sales drop after cold weather affected key markets

Inside Retail

H&M Group has booked lower sales in the fiscal third quarter amid cold weather in many key European markets. billion) and net profit dropped 30 per cent to SEK2.31 The post H&M’s sales drop after cold weather affected key markets appeared first on Inside Retail Australia. billion (US$5.82

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