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Strong boost in Australian retail sales in October, says ABS data

Inside Retail

Retail sales improved in October, with cosmetics, sports and recreational goods leading the increase, Australian Bureau of Statistics (ABS) data showed. Retail sales during the month climbed 3.4 billion, with other retailing – which includes cosmetics, sports and recreational goods – soaring 8.4 per cent to $5.85

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Australia’s retail sales growth can’t last. Here’s how to prepare for it

Inside Retail

The latest retail sales figures are really quite incredible. According to the Bureau of Statistics (ABS), retail sales rose by 0.6 But clothing, footwear and accessories are up 2 per cent, food retailers are up 1 per cent while cafes and restaurants are also enjoying a 1.3 per cent bump.

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Accent Group’s net profit rises amid 42 new store openings

Inside Retail

per cent like-for-like retail sales growth, opened 42 new stores, secured the distribution rights for Dickies and Lacoste, divested The Trybe business and made progress on the closure of underperforming Glue stores,” said Daniel Agostinelli, Accent Group CEO. . “During the half, the company delivered 2.9

Fashion 227
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Beyond the beach: Richard Facioni outlines plans for Surfstitch

Inside Retail

Data shows the rapid increase in online shopping that defined the first year of the global pandemic has started to fade, as the novelty of lockdowns wears off and government stimuluses run out, and online retailers that once enjoyed record highs are now working harder to drive sales. This time last year, we were all still in lockdown.

Planning 246
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Moshi Moshi eyes expansion beyond Thailand, targets 200 stores by 2025

Inside Retail

Indeed, 2025s business plan includes piloting large-format stores in such locations. For 2025, the companys business plan is to end the year with about 200 stores. According to the company, Thailands retail sales increased by 8.9 The gross margin percentage of revenues in the third quarter was 52.8

Expansion 130
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Fashion insiders weigh in on the uncertain future of Australian Fashion Week

Inside Retail

Retail sales are extremely patchy and discretionary spending is down,” stated Garland. The ones that can afford it really don’t need it as they are established brands with strong distribution, retail and PR already put in place,” she added.

Fashion 246
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August retail figures show impact of prolonged lockdowns

Inside Retail

National retail sales fell 1.7 The data, care of the ABS, demonstrates the prolonged impact lockdowns around the country are having on the retail industry: clothing, footwear and personal accessories sales fell 17.4 There’s little consistency across the three reopening plans,” Zahra said.