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New merchandise offering boosts The Reject Shop’s top line

Inside Retail

Despite “challenging trading conditions”, the retailer generated over 1.2 Like many Australian retailers, The Reject Shop is facing some near-term margin pressure from higher shrinkage and rising costs. million more customer transactions versus last year.

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Cool clothing: Can nanodiamonds in fabrics lower the heat?

Inside Retail

While 2 or 3 degrees may not seem like much of a change, it does make a difference in comfort and health impacts over extended periods and in practical terms, could be the difference between keeping your air conditioner off or turning it on,” Houshyar said.

Outdoor 261
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Kering Group’s revenue slumps as demand stalls in Asia

Inside Retail

While we had anticipated a challenging start to the year, sluggish market conditions, notably in China, and the strategic repositioning of certain of our Houses, starting with Gucci, exacerbated downward pressures on our topline.” Gucci – which accounts for more than half of its turnover – generated €2.1 billion (US$2.2

Fashion 130
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Temple & Webster’s revenue grows as customer base hits 1 million

Inside Retail

“This was in the face of some of the toughest headwinds to our category we have ever seen due to the current economic conditions.” It is also prioritising lowering its fixed costs percentage to obtain a price and margin advantage and building scale through adjacent growth plays.

Marketing 263
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KFC operator Collins Foods breaks $1 billion sales threshold

Inside Retail

In a results filing, the company said it expects inflationary pressures to remain for much of the next year, however, plans to maintain its long-term growth strategies. Drew O’Malley, MD and CEO of Collins Foods, commended KFC’s strong store sales performance in Australia and Europe in the face of challenging economic conditions.

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UK ‘Lawsuit’ draws attention to work conditions in fashion industry

Inside Retail

The “workwear couture” jumpsuit, which is made in Manchester, raises attention to poor working conditions in Bangladesh and other places. But this time there can be no doubt who created these labels of protest, it was Lawsuit.

Fashion 130
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Cash Converters splashes cash on its biggest UK franchisee

Inside Retail

The purchase will be funded using the company’s existing cash reserves while the settlement – subject to meeting certain terms and conditions – is set to be completed in the middle of this year. Cash Converters has acquired its largest franchisor in the UK, Capital Cash, for $24.7

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