Inside Retail

SEPTEMBER 8, 2024

Premier Retail, a division of Premier Investments, expects to report global retail sales of $1.6 billion in the last fiscal year ended July 27. The forecasted retail sales represent a slight decline from $1.64 billion in FY23. The company estimated earnings before interest and taxes of $341 million, down from $356.5 million in the prior fiscal year.

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Retail Sales Apparel Accessories Accessories 288

Inside Retail

SEPTEMBER 8, 2024

Australian pizza chain Domino’s Pizza Enterprises said on Monday that it has been served a shareholder class action, which includes an allegation that it engaged in misleading or deceptive conduct around its expected performance in Japan. The company’s shares fell 2.5 per cent to A$29.18 to hit their lowest since late August. The proceeding has been filed by Australian legal consultancy company Echo Law on behalf of Domino’s shareholders who scooped an interest in the firm by e

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Marketing Engagement 182

Inside Retail

SEPTEMBER 8, 2024

The Franchise Council of Australia’s chair, Brendan Green, has stepped down from his role after four years, as his board tenure comes to an end. Effective today, CouriersPlease boss Richard Thame will become chair, and Just Cuts’ Amber Manning steps up to the deputy chair position. The FCA has also appointed a new CEO. Sydney-based Jayson Westbury joins the FCA as CEO, bringing more than 30 years of leadership experience.

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Strategy Management Consumer Marketing 147

Inside Retail

SEPTEMBER 8, 2024

Stationery retailer Smiggle’s managing director John Cheston was allegedly found to have engaged in serious misconduct, leading to the immediate termination of his employment. “The Just Group board considers that Mr John Cheston has engaged in serious misconduct and a serious breach of his employment terms and on that basis his employment has been terminated today,” said The Just Group, a wholly-owned subsidiary of Premier Investments, in a statement.

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Engagement Merchandising Management 147

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Inside Retail

SEPTEMBER 8, 2024

Travel and lifestyle brand Tumi, known for its luggage and bags, is expanding into fragrance with the launch of Experience Collector, the brand’s first-ever women’s perfume collection. The collection is available in four scents inspired by cities around the world: New York, Kyoto, Tomasina, and Florence. Tumi says Signature is inspired by the vibrancy and energy unique to New York City, featuring notes of bergamot, mandarin, apple blossom, pomegranate, and more.

Design 130

Design 130

Inside Retail

SEPTEMBER 8, 2024

With many Australian consumers continuing to moderate their discretionary spending due to the ongoing cost-of-living crisis, overseas markets could offer a lifeline to struggling local retailers. Consumer spending in Asia is surging, driven by an expanding middle class, and one expert is urging Australian retailers to tap into this potential revenue stream.

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Marketing Consumer Engagement Tailored 113