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

Inside Retail

per cent, benefiting from the focus on cost optimisation and gross margin management. 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

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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.

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How AI is set to revolutionise inventory management

Inside Retail

Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.

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Bond Street, Chelmsford boosts retail and restaurant line up

Retail Focus

Bond Street has built its line-up to cater to that demand, and that’s why premium brands perform so well here.” The post Bond Street, Chelmsford boosts retail and restaurant line up appeared first on Retail Focus - Retail Design. Leasing demand has been excellent and demonstrates the resilience of Chelmsford as a prime retailing city.”

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Over the finish line: Red Run opens at Liverpool ONE

Retail Focus

Rob Deacon, Asset Management Director at Grosvenor, commented : “Supporting independents and local businesses has always been a huge part of our strategy at Liverpool ONE and Red Run is yet another trail-blazing local brand built from the fabric of Liverpool.

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Redbubble cuts staff to manage costs

Inside Retail

It has revised its FY23 operating expenditure to a range of between $125 million and $135 million while its MPR remains broadly in line with the previous year. The post Redbubble cuts staff to manage costs appeared first on Inside Retail.

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Why companies are showing young employees how to manage money

Inside Retail

Managing money is a skill that transcends the boundaries of work and personal – what works well in one area applies equally well to the other. Facilitating these lessons not only helps employees’ personal circumstances but the company’s bottom line too. Read on to see how to go about helping young employees better manage money.