Harvey Norman’s executive chairman made the comments after his electronics and furniture retailer posted a surge in sales for the start of the financial year.
Younger shoppers no longer hope the next flashy thing is discounted for the holiday shopping season. Instead, top of the wish list are cheaper, everyday items.
The fast food chain’s chief executive, Steven Marks, is committed to 15 stores in the mega market – but he wants revenues to rise before more are rolled out.
Internal emails suggest that the pizza chain operator is making double the margin on selling food to store owners as it tries to fix its own sluggish growth.
The original ugly-cute toy sold by Chinese variety retailer Pop Mart has spawned plenty of copycats, and they are becoming big businesses in their own rights.
The Swiss watchmaker’s local profits are up 25 per cent this year, but accounts lodged by Chanel, Louis Vuitton and other majors show serious weakness.
She’s already a social media phenomenon. But can this mum of three parlay her experience in marketing to become a bona fide beauty and haircare start-up backer?
The cosmetics empire is owned by its billionaire founder Jo Horgan and her husband Peter Wetenhall and has long been secretive about its financial performance.
Driven by Millenials and Gen Z influencers, a 30-year-old franchise is booming. And there’s a surprising winner: 75-year-old Banter Toys founder Garry Isaacs.
The company has upgraded its near-term revenue outlook after securing rights to be the sole distributor of iPhone cases from OtterBox, Casetify and Case-Mate.