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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 Gross profit increased 13 per cent to $599.7

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Woolworths profit falls 20.6 per cent amid strikes, changing consumer habits

Inside Retail

Woolworths Group booked lower profit in the first half, attributed to the 17-day industrial action impacting its supermarket business last December and a trend of customers seeking more value when shopping. The group’s net profit fell 20.6 per cent to $1.45 Group sales increased 3.7 per cent to $35.93 billion. .”

Consumer 243
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For Thai retailers CP Axtra and Big C, new stores and fresh food drive growth

Inside Retail

CP Axtra, the awkwardly-named parent company of Thailands familiar Makro and Lotuss stores and the countrys largest wholesale-retail conglomerate, reported a strong set of results for the fourth quarter of 2024 and for the whole year. Wholesale sales under Makros four different banners grew by 4.7 per cent, and net profit was 1.3

Wholesale 130
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Moshi Moshi eyes expansion beyond Thailand, targets 200 stores by 2025

Inside Retail

The market for Moshi Moshis products and price points in neighbouring countries would seem to be substantial and the company has not been at all reluctant to open shops at a rapid pace. However, better control of selling and administrative expenses helped deliver an increase in net profit for the quarter of 108.1

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Adairs books lower net income amid macroeconomic challenges

Inside Retail

Furniture retailer Adairs saw its net income plunge during the last fiscal year, with the company citing macroeconomic challenges for the result. The company’s statutory net profit fell 17.8 Mocka is set to begin its wholesale and shop-in-shop trials and will relaunch its New Zealand website in the fiscal first half.

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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.

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Eighteen months post-merger, Lotus’s growth is stagnating. Here’s why

Inside Retail

It operates 163 units with an average size of just over 5,200 square metres, but 80 of them are much bigger than that: cavernous warehouses where retail buyers and end consumers load up oversized shopping carts with bulk items at wholesale prices. Net profit was up by 8.9 per cent year-on-year in the first quarter.