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

Inside Retail

The jewellery and accessories retailer’s profit grew 6.5 The company said its continued focus on pricing and promotion management helped expand gross margin to 82.4 Lovisa’s net profit increased in the first half after the opening of 43 new stores worldwide. per cent to $56.9 million as revenue climbed 8.8 per cent to $405.9

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Amazon is set to take off in Australia this year, get ready

Inside Retail

And some seven years on, much to the dismay of retailers, it is now starting to shake the tree and become a real force in the market , as Australian shoppers increasingly turn to alternatives to manage the cost-of-living crisis. Amazon announced it posted over $3.1 billion in 2022.

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H&M names new ANZ country manager, opens refurbished Sydney flagship

Inside Retail

Fashion retailer H&M has launched its refurbished flagship store at Pitt Street in Sydney, coinciding with the appointment of Anna Baldwin as the new country sales manager for Australia and New Zealand. The post H&M names new ANZ country manager, opens refurbished Sydney flagship appeared first on Inside Retail Australia.

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How Henne is rethinking the in-store experience

Inside Retail

Henne has a dedicated customer relations manager who is responsible for emailing and texting with customers and providing a bespoke brand experience. Six years later, the brand has expanded to provide a full closet, with statement pieces, suiting, eventwear and accessories.

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Under Armour opens largest Scottish Outlet at Caledonia Park

Retail Focus

Railpen , manager of the £34bn railways pension scheme, has announced that Under Armour, the leading global sports apparel brand, has opened its biggest outlet store in Scotland at Caledonia Park.

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Caledonia Park celebrates best year ever alongside mass of renewals and openings

Retail Focus

Railpen, one of the largest pension managers in the UK, has announced Caledonia Park, its premium designer outlet village in Scotland, has experienced a record-breaking year for sales and performance.

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Myer names new execs, hires former Qantas Loyalty bosses

Inside Retail

The department store chain has yet to name the appointees for the newly created roles of GM of merchandise for beauty, accessories and services and GM of merchandise for women’s apparel. Meanwhile, former Cedar Brands CEO Warwick Blunt will assume the newly constructed role of GM for digital commerce at Myer in November.