Nearly everything has become super expensive, so it is not surprising that little luxuries, like candles, are losing their appeal compared to everyday necessities. And it’s reflecting in the turbulent financial performance of premium retailers like the Aussie home fragrance retailer dusk Group (ASX: DSK). The Company has released its financial guidance for FY23, anticipating
Read More
We might not have time to stop and smell a rose, but a candle? Now we’re talking. However, that might not be the case anymore as households face the pressures of rising prices. People would rather plug their noses than invest in fragrances, as home fragrance company dusk’s (ASX: DSK) results for the first half of FY23 reveal.
Read More
Looks like luxury customers are reviewing their purchases, with fewer people willing to buy a $20 candle to spruce up their space. Home fragrance retailer dusk Group (ASX: DSK) reported a 6.9% decline in revenue on FY21 to $138.4 million. Moreover, the Company’s profit is down over 7% from over $100 million to $93.7 million.
Read More