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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 netprofit decline in the first half. The new appointment comes after the group posted a netprofit of $11.3 per cent, which included a $13.6
Along with the new store openings, the company is also busy with renovations to existing units to elevate the in-store experience: product-specific furniture is being introduced for perfumes and diffusers, and for hair accessories, jewelry and stationery. Netprofit for the first nine months of the year is up 24 per cent.
Wholesale sales have been more challenging, reflecting softer demand from other retailers,” said Accent Group CEO Daniel Agostinelli. per cent, and a netprofit 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
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 netprofit after tax fell 4.9 Gross profit grew 5.4 The brand opened six new stores during the year. per cent to $319.8
The group ended the year with a underlying netprofit 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
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