Inside Retail

MAY 15, 2024

Skechers said last month that increased sales in the first quarter resulted in a massive increase in net profitability. billion, the company’s net profitability increased by 28.8 The gross profit margin improved to 52.5 per cent, while the gross profit increased by 20.7 With revenues up 12.5

Net Profit 262

Net Profit Outdoor Fashion Accessories 262

Inside Retail

AUGUST 7, 2024

Myer has flagged a drop in profit for this fiscal year, largely due to underperformance at its three specialty brands amid macroeconomic challenges. The department store chain expects net profit after tax of between $50 million and $54 million for FY24, compared to $71.1 million in the prior year.

Net Profit 286

Net Profit Department Stores Management Consumer 286

Inside Retail

SEPTEMBER 13, 2022

per cent increase in clothing, footwear and personal accessories. Despite some retailers reporting strong sales because of the growth in online sales, net profits declined. per cent in the 2022 fiscal year supported by record online sales, which increased by 44 per cent while net profit fell by 20 per cent.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

Inside Retail

AUGUST 27, 2024

However, net profit fell from $88.7 The company has more than 800 stores across Australia and New Zealand along with over 35 online platforms. Last week, Accent reported sales of $1.61 billion for the 2024 financial year, which was up from $1.57 billion the year prior. million to $59.5 The company’s shares were down 4.25

Net Profit 262

Net Profit Marketing ATS Accessories 262

Inside Retail

SEPTEMBER 26, 2024

billion) and net profit dropped 30 per cent to SEK2.31 H&M Group has booked lower sales in the fiscal third quarter amid cold weather in many key European markets. The fashion retailer’s sales fell 3 per cent to SEK59.01 billion (US$5.82 billion in the three months ended August 31.

Marketing 246

Marketing Net Profit Fashion Shopping 246

Inside Retail

NOVEMBER 16, 2023

per cent, and a net profit of $88.7 .” The company also noted that it is focused on the efficiency of the cost of doing business amid inflationary pressures and lower like-for-like sales. In FY23, Accent Group opened 80 stores and booked owned sales of $1.39 billion, up 26.3 million, surging 181.8

Net Profit 264

Net Profit Wholesale Fashion Planning 264

Inside Retail

FEBRUARY 28, 2024

Profit lifts on lower sales During the fiscal first half, Mosaic Brands’ net profit surged 121 per cent to $5.4 million despite revenue decreasing 12.5 per cent to $234.1

Net Profit 264

Net Profit Fashion Consumer Marketing 264

Inside Retail

MARCH 9, 2022

Department store Myer has recorded a strong performance in its half-year results, with net profit after tax hitting $32.3 million – an increase of 55 per cent. . Myer’s total group sales were up at 8.5 per cent to $1.51 billion, with comparable sales growth of 17.8 Group online sales grew 47.5 per cent to $424.1

Net Profit 244

Net Profit Department Stores Planning ATS 244

Inside Retail

MARCH 25, 2024

Premier Investments posted net profit after tax of $177.2 However, the Australian Financial Review (AFR) said Lew will ensure that the next generation of management stars inside Premier are given their chance to shine. million for the first half of FY24, while EBIT reached $209.8 million, exceeding previous guidance.

Planning 264

Planning Net Profit Management Marketing 264

Inside Retail

MAY 16, 2023

“We expect to see the benefits of lower product and shipping costs begin to flow through in the first half of the next financial year and we will remain focussed on tightly controlling our cost base to preserve profitability.” A further four new stores are due to open before the end of the calendar year.

Net Profit 242

Net Profit Apparel Shipping Consumer 242

Inside Retail

SEPTEMBER 27, 2023

Meanwhile, Premier Investments’ statutory net profit after tax fell 4.9 Gross profit grew 5.4 . “We maintain a relentless focus on product and channel optimisation whilst working with the board to maximise growth opportunities for each of our brands,” he concluded. per cent to $271.1 per cent to $1.02

Net Profit 262

Net Profit Apparel Wholesale Returns 262

Inside Retail

MARCH 27, 2023

The group – which owns and operates brands including Dotti, Peter Alexander, Just Jeans, Smiggle, Portmans and Jacqui E, and features over 1,100 stores across six countries – saw net profit after tax rise by 6.5 Smiggle was a particularly strong performer, with sales for the stationary and accessory brand up by 30 per cent growth.

Department Stores 246

Department Stores Net Profit Returns Accessories 246

Inside Retail

SEPTEMBER 20, 2021

The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. After a difficult start to the year, outdoor group Kathmandu ended FY21 with relatively strong sales growth of 15.1 Once again, however, the Kathmandu brand suffered throughout the year. per cent.

Net Profit 237

Net Profit Outdoor Wholesale Returns 237

Inside Retail

NOVEMBER 8, 2024

. “Jewellery maisons, responsible for the bulk of group profits – produced a resilient performance,” said Bernstein analyst Luca Solca, although watches performed much worse than expected. Richemont’s net profit for the first half of its financial year fell to $494.64 million from $1.63

Net Profit 130

Net Profit Accessories Fashion Consumer 130

Inside Retail

OCTOBER 3, 2022

NZX-listed fashion retailer Hallenstein Glasson has reported a 23 per cent drop in net profit for the year ended August 1 to AUD39,83 million despite sales growth in the second half. per cent growth in sales with net profit increasing 16.4 per cent with net profit down 64.7 per cent to AUD547.05 million. .

Net Profit 130

Net Profit Fashion Accounting Marketing 130

Inside Retail

JULY 25, 2024

billion, and consolidated net profit edged up to €2.4 In a more challenging context, all the regions continued to show remarkable momentum, with the exception of Asia due to an inflection in traffic in Greater China, the company assessed. On the bottom line, recurring operating income increased by 7 per cent to €3.1 billion from €2.2

Net Profit 130

Net Profit Fashion Marketing Accessories 130

Inside Retail

FEBRUARY 14, 2024

Deepening exploration into our icons and taking ownable authority in well-made, enduring clothes, boots and accessories – that’s what excites me. Also the company returned to a net profit, of A$36.8 million net loss in the prior corresponding period. This seems to be translating into positive results, with R.M.

Net Profit 262

Net Profit Customer Experience Accessories Location 262

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

FEBRUARY 21, 2024

per cent, while net profit after tax rose 12 per cent to $53.5 The Americas market was again a major driver of store network growth with 28 new stores opened. Europe also showed strong growth with 26 new locations, including 12 in France. EBIT was $81.6 million, up 16.3

Net Profit 130

Net Profit Marketing Location Accessories 130

Inside Retail

JANUARY 24, 2023

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. .” He said the business will continue to invest in its best-pricing strategy while effectively managing its inventory and cost levels.

Net Profit 130

Net Profit Planning Management Consumer 130

Inside Retail

FEBRUARY 22, 2022

million and net profit after tax of $16.9 Best & Less Group has reported ‘robust’ trading performance during the past half-year despite losing 21.3 per cent of trading days due to government-mandated store closures. The group has reported first-half revenue of $287.5

Net Profit 130

Net Profit Management ATS Accessories 130

Inside Retail

MARCH 24, 2022

Premier investments’ online channels have contributed significantly to group’s half-year profit despite volatile trading conditions in its first-half results. Net profit after tax was registered at $163.6 Group sales increased 0.6 per cent delivering $769.9 million contributing 25.4 per cent of total sales.

Net Profit 130

Net Profit Marketing ATS Accessories 130

Inside Retail

JUNE 19, 2023

For the second half of this year, the group expects total revenue to be in the range of $310 million and $315 million while pro forma net profit after tax is expected to be between $3.6 The post Best & Less like-for-like sales slump, profit outlook lowered appeared first on Inside Retail. million and $4.2

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

AUGUST 31, 2021

Mosaic Brands has returned to earnings growth despite faltering sales, clocking in a net profit figure of $2.7 million – 101 per cent up on last year – despite revenue falling 3.8 per cent during the year to 27 June. Online sales also hit a new high of $111 million, up 19 per cent on the same period of last year.

Returns 130

Returns Net Profit ATS Consumer 130

Inside Retail

JULY 5, 2022

While Inditex recorded growth across most of its geographic markets with revenue and net profit increasing 36 per cent and 80 per cent, respectively, in China – where 67 stores were affected by Covid-19 restrictions – the Spanish retailer experienced the reverse fortune.

Fast Fashion 130

Fast Fashion Net Profit Fashion Apparel 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.

Net Profit 130

Net Profit Inventory Management Fashion Management 130

Inside Retail

AUGUST 18, 2021

per cent to $242 million, leading net profit to hit $76.9 Sales across the group’s network of businesses, which now include Hype, Platypus, Subtype, Athlete’s Foot, The Trybe, Crèmm, and Pivot, as well as relative newcomers 4Workers , Stylerunner , Next Athleisure and Glue Store , hit $1.14 billion – a 19.9 million, up 38.6

Net Profit 130

Net Profit Store Operations Marketing Planning 130

Inside Retail

NOVEMBER 8, 2023

Some stores also sell pet accessories. per cent, as was the net profit margin of 14.5 Much of the merchandise is themed with well-known cartoon characters like Mickey Mouse, Winnie the Pooh and characters from the Peanuts cartoon. Gross margin percentage was healthy 52.9

Home Furnishings 130

Home Furnishings Target Market Net Profit Visual Merchandising 130

Mass Relators

JUNE 7, 2022

Dubbed the “Home Center,” it offered clothing, shoes and accessories, hardware items and housewares, in addition to the supermarket offerings Meijer had always provided. In 1955, one of the small company’s supermarkets added a department to sell general merchandise.

Supermarket 96

Supermarket Beauty and Health Net Profit Sporting Goods 96

Inside Retail

JANUARY 4, 2023

This was accompanied by a gross profit margin increase from 15.1 per cent and a net profit margin after tax of 3.4 Third quarter gross profit was particularly strong, coming in at 16.9 These stores are complemented by dozens of small kiosks and carts that sell every kind of personal accessory under the sun.

Net Profit 130

Net Profit Kiosk Supermarket Shopping 130

Inside Retail

AUGUST 25, 2021

The business’ global active customer base, now spread across Australia, New Zealand, the US, UK, and European markets, hit one million for the first time this year, driving an underlying net profit growth of 80.6 per cent to $24.9

Net Profit 100

Net Profit Fashion Marketing Consumer 100

Inside Retail

JANUARY 31, 2023

The former, a fast fashion giant based in Sweden, saw a slump in fourth quarter earnings, with its operating profits falling by 87 per cent year on year, and its net profit declining by about 68 per cent. H&M and LVMH target very different sectors of the fashion industry.

Fast Fashion 147

Fast Fashion Fashion Apparel Net Profit 147

Inside Retail

APRIL 8, 2021

million net profit from $784.6 The ratio of net earnings to revenue is astonishing, but reflects Covid-19 cost adjustments in the business, the reduced drag of some under-performing stores closed during lockdowns and a 61 per cent surge in online sales to $156.7 million in global sales. million.

Net Profit 130

Net Profit Fashion Supermarket Accounting 130

Small Biz Trends

APRIL 23, 2022

Baby Feeding Bottle Accessories. The average NET profit margin is 15% and the gross profit margin is a solid 64%. It also has 2 patents pending for its products in a $12.2 billion global air purifier market slated to grow at 8% through 2030. The company is located in Tampa, FL and the asking price is $18,000,000.

Beauty and Health 98

Beauty and Health Net Profit Location Shipping 98

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

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 H&M grew its online business by 24 per cent last year to the point e-commerce now accounts for about one-third of its total sales. Gross margin rose by 2.8

Net Profit 130

Net Profit Fast Fashion Fashion Apparel 130