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Best & Less reports ‘inconsistent’ trading, revises profit expectations

Inside Retail

Discount apparel retailer Best & Less Group (BLG) says trading conditions were “inconsistent” through the March and April months of the second half year. Sales improved in the lead-up to Mother’s Day and have been consistent since, while BLG’s non-discretionary product lines are continuing to perform well. per cent to $221.9

Flow 242
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Five retail leaders discuss how to deliver value in a spending slump

Inside Retail

Think about value, not price When sales slow and a prolonged spending slump sets in, often the conventional wisdom is retailers drop prices to drive sales and cash flow, at the expense of margin. Retailers need to ask questions such as: How will we keep lines of communication open? The bottom line?

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Cohesive and holistic: Why RB Sellars is setting trends in rural fashion

Inside Retail

The brand, which is owned by the Propel Group and specialises in apparel for rural and regional Australians, has established its presence across the country. Your dollars flow far beyond the cash register and make lovely ripple effects through rural Australia,” Brennan added.

Fashion 162
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BMG brings Juicy Couture Kids, New Balance Kids, more big brands Down Under

Inside Retail

billion brand US Polo Assn, followed by childrenswear lines in the BMG portfolio, including New Balance Kids and Juicy Couture Kids. The opportunity to meet consumer demand is more than apparent with the Australian children’s apparel market tipped to have a value of about $5.39 First up is the US$2.4

Balance 259
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How Nana Judy founder started a $30m streetwear brand at 19 years old

Inside Retail

We have been able to achieve this through smart investment strategy, spending in the right areas and managing cash flow,” he said. Since the beginning, our mission has been to inspire confidence and be a leader in the men’s apparel world.

Expansion 246
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How rugby, data and French ban on swim shorts has boosted Budgy Smuggler

Inside Retail

Rather, the Australian swimwear company – which also has an accessory and apparel line – has big plans at home and abroad. Our turnaround is pretty rapid [which] in terms of stocking, efficiency and cash flow helps the business.

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Redbubble cuts staff to manage costs

Inside Retail

Apparel sales in the US remained “relatively resilient” offset by its discretionary categories, such as wall art and homewares. We have decided to reduce the cost base within the Redbubble marketplace to accelerate the group’s return to cash flow positive. million after momentum improved during the second quarter.