AKA Brands’ sales dragged by weaker ANZ performance
Inside Retail
MARCH 10, 2024
AKA Brands saw its annual sales dragged down by weaker performances in its Australia and New Zealand businesses. The fashion retailer’s net sales fell 10.7 per cent to $825.5 million as ANZ sales declined 24.6 per cent to $306.4 million. While US sales increased 0.8 per cent to $476.7 million, rest of the world sales dipped 6.4 per cent to $42.3 million.
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