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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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KMD Brands profit dives through first half

Inside Retail

Group sales for the half were recorded at $379.95 million) while underlying EBITDA was estimated at $9.52 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 million (NZ$407.3 per cent, a loss of $5.13 per cent in the half.

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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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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

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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

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From drab to trendy, 7-Eleven strives for relevance

Inside Retail

The exclusive licensee for 7-Eleven stores in Thailand is CP-All, a subsidiary of Charoen Pokphand Group that also owns the Makro wholesale and Lotus’s retail businesses. Net profit was 6.2 Both gross and net profit margins increased sharply, the latter exactly doubling. The convenience store business raked in 105.9

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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.