Summary Westpac Melbourne Institute Index of Consumer Sentiment was at a 10-year high in December 2020. Consumer spending on discretionary categories recovered towards the end of 2020, aided by festive season spending cycle. Consumer spend...
Summary Globe International reported first-half sales to be up around 60% over the same period last year. After audit and Board approval, it would disclose first-half results in late February 2021. Globe International Limited (...
Summary Super Retail Group has clocked $237 million from online sales for 26 weeks ended 26 December 2020. Record results were delivered on the back of unprecedented consumer demand, especially during November 2020 cyber week. Super Retail&rsq...
Summary The retail sector faced challenges at the height of the coronavirus pandemic in 2020, but the situation changed as the year progressed. A steady rise in the number of customers, strong government stimulus, and tax cuts helped the sector...
A long-term compounding machine whose market capitalisation crossed the $6 billion mark. One of the founders of the firm continues to serve on its Board, bringing in skin in the game. He has been with the firm for nearly thirty-eight years now. Harv...
Summary Walmart is foraying into in-house financial solutions for its customer and associates. The company is incorporating a start-up to deliver modern, innovative financial solutions backed with technology. US-based global retailer Walma...
Summary Premier Investments retail division provided a trading update for 1H FY2021 and expects its EBIT in the range A$221 million - A$233 million for 27 weeks ending 30 January 2021. The first 24 weeks for the period saw impressive YoY growth...
Summary Jatcorp has announced that its much-awaited first store in China is set to open. Development works to double the capacity at ANMA Melbourne have commenced. Jatcorp Limited (ASX:JAT) is in process to open its first retai...
Summary Accent Group expects first-half EBITDA growth of between 40-45%, compared to the same period last year. The Company’s online sales for the half-year constituted 22.3% of total sales. It has not provided guidance for the...
Cettire Limited (ASX:CTT) was listed on ASX around mid-December. It is a global online luxury goods retailer, operating through its website cettire.com. It sells shoes, bags, apparel, and accessories from over 1300 globally-leading luxury brands.&nbs...
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