Over the past year, the household goods spending in Australia has increased as Australians have flocked to furnish their new properties or existing properties. In the wake of the pandemic, the intensity of spending on household goods has been phenome...
Summary Harvey Norman annual results for FY20 are out, highlighting the challenges faced by the Company during the COVID-19 period. HVN performance has been decent during the period with a growth of 19.4% in its profit after tax. As the compan...
Summary According to the preliminary figures published by the Australian Bureau of Statistics (ABS), retail turnover dropped by 4.2% in August 2020 compared to the previous month. However, The turnover rose by 6.9% in August 2020 as compared to...
Founded in 1974, Australia based company with two of Australia’s most popular retail brands, under its kitty. The group retails consumer electronics, white goods appliances, and home entertainment from over 300 stores in Australia and New Zeala...
Myer Holdings released full-year number this morning for the period ended 25 July 2020. Retail print by the Australian Bureau of Statistics (ABS) indicated normalisation in the clothing and footwear market in July. The pandemic impacted this ...
ASX 200 listed Woolworths Group Limited (ASX:WOW) is amongst the leading retail groups in Australia and New Zealand. The Group supports popular brands such as Woolworths, Big W, BWS, Dan Murphy's and Countdown. The Group announced today that Ms Ma...
Summary Amid the COVID-19-induced lockdowns, many retailers had to temporarily close their physical stores which had a massive impact on their business activities. Global retailer, City Chic Collective Limited, however, managed to deliver a con...
Innovative Eyewear Inc, the new US operator of the Lucyd® smartglass brand, is all set to take the wearables world by storm. The company, established in 2019 but with a team experienced in smart eyewear, has already made its mark by producing bea...
Summary Online retail service provider Kogan noted significant growth in its share price post the release of July 2020 trading update. In the last three months and six months, the Kogan has delivered remarkable returns of ~120% and ~282% respec...
Summary Metropolitan Melbourne is under strict stage 4 restrictions with night curfews and limitations on going out of 5km of distance. New restrictions are again harsh on retailers that were trying hard to recover from the impacts of the previ...
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