article thumbnail

Russia’s war eats into Levi Strauss’ top line

Inside Retail

Levi Strauss & Co reported a weaker top line for the first quarter of FY24, which was attributed to the impact of its Russia business as well as a shift in wholesale shipments. On the bottom line, the company swung to net loss of $11 million from net income of $115 million in the prior year.

Line 188
article thumbnail

Endeavour Group’s net profit drops despite top-line growth

Inside Retail

per cent to $351 million, impacted by higher finance costs and in line with previous guidance. The post Endeavour Group’s net profit drops despite top-line growth appeared first on Inside Retail Australia. However, net profit after tax slid 3.6 Improvements in the segment began in February, with sales up 1.5

Line 259
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New merchandise offering boosts The Reject Shop’s top line

Inside Retail

The post New merchandise offering boosts The Reject Shop’s top line appeared first on Inside Retail Australia. “The company is well placed to navigate these challenges with its strong balance sheet, which comprises over $80 million of cash and no drawn debt,” added Fisher.

article thumbnail

Tween beauty: Are brands crossing the line?

Inside Retail

Drunk Elephant is a brand that’s been front-and-centre and also the first in the firing line. The post Tween beauty: Are brands crossing the line? Drunk Elephant takes to social media The controversy surrounding tween beauty has thrown a few beauty brands into hot water. I figured Sephora could wait.

Line 130
article thumbnail

How to Maximize ROI of Your Composable Commerce Transformation

Join Orium , Bold , and MACH Alliance Ambassador Sree Sreedhararaj (SVP, CTO Sephora), for an expert panel exploring answers to common composable commerce questions like “How does it improve bottom line?,” “ How can it create revenue through an incremental implementation? ,” and “Is it right for my brand?”

article thumbnail

Shein inks deal to design, distribute Forever 21 apparel line

Inside Retail

Online fashion retailer Shein has signed a strategic agreement with brand development platform Authentic Brands Group to design, manufacture and distribute a line of Forever 21 products. The line is said to leverage Shein’s on-demand production model, which helps reduce inventory waste.

Apparel 130
article thumbnail

Supply-chain snarls eat into Kogan’s bottom line

Inside Retail

Pureplay electronics retailer Kogan has struggled to maintain momentum in its first half, although its New Zealand subsidiary Mighty Ape reduced the impact on its bottom line. The post Supply-chain snarls eat into Kogan’s bottom line appeared first on Inside Retail. million, down 70.1 per cent to $7.1 million. “As

Line 245