After seeing a revenue uptick in FY22 as people casted around for loans and second-hand items, non-bank lending company Cash Converters (ASX: CVV) turned its attention to increasing its acquisitions to serve a greater customer base. In keeping with that, the Company is all set to acquire the Cash Converters New Zealand Master Franchisor for
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At a time when we had to re-evaluate our spending on everyday necessities, few compromises were made on the luxury front, with people still willing to spend generously on accessories. For FY22, fast fashion jewellery brand Lovisa (ASX: LOV) reported $548.7 million in revenue, a 59.3% increase on the previous year. The Company’s comparable store
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Even the best fiction writer probably couldn’t script this if they tried but a tumultuous year where everything that could go wrong, did – has finally ended for online books retailer Booktopia (ASX: BKG) which has culminated in a $6 million fine for breaches in consumer protection laws. The $6m fine from the Australian Competition
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Covid, floods, staffing, supply chains. That’s what we call the 2022 disruption bingo, which has this morning been claimed by Woolworths liquor chain spin out – Endeavour Group (ASX: EDV). The owner of well known brands such as Dan Murphy’s and BWS has delivered positive results despite this extensive list of challenges however, with their
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Would you buy a sofa priced to the tunes of $5,000? Probably…not. But many Australians are more than willing to, as is evidenced by furniture retailer Nick Scali’s (ASX: NCK) sales of $441 million across FY22. Despite the 18.2% increase in sales compared to last year, net profit after tax fell marginally by 4.9% to
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Aussies may be tightening the household budget amid rising cost-of-living expenses but when it comes to retail spending, there’s one area that families are happiest to spend on – babies. It’s also why retailer Baby Bunting (ASX: BBN) has bucked the retail trend with another bumper result. For the 52 weeks ended 26 June 2022
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