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Financial

Financial Archives

Managing inflation: Here’s how to know when the price is right

Costs are going up for businesses and that won’t stop any time soon. But before you decide just what expenses to pass on...

Adidas lowers 2022 expectations amid China lockdowns

Adidas also cut its operating margin forecast, saying it will remain at the previous year's level of 9.4% instead of inc...

Alquemie Group snaps up General Pants Co – and its CEO

Vendors Victor Smorgon Group, Phil Staub and Jackie Vidor, have agreed to reinvest "a significant portion of their proce...

Hugo Boss thrives as it successfully connects with Gen Z

The important China market, however, failed to perform for the end of the quarter, with sales down 1 per cent.

Buyer sought after Send collapses into administration

Affected staff are also being contacted to discuss their employment and outstanding entitlements, the administrators sai...

Strandbags goes hell for leather with new style-focused brand Evity

After staying silent for two years, Strandbags has launched a new leather brand and set its sights on an international e...

7-Eleven, Carl’s Jr to anchor new Victorian drive-thru centre

For Oporto, this border town development will mark its first location in-between Canberra and Melbourne.

Retail sales surge 9.4 per cent – but good times ‘could be short lived’

NRA CEO warns that yesterday’s interest-rate rise and looming increases in superannuation and award wages may spoil the ...

Cost-of-living pressures mount as Woolworths backs wage increase

As Australia’s supermarkets continue to hold the line on food prices, Woolies’ CEO Brad Banducci noted that a “balanced”...

How startups are applying AI to ease supply chain disruptions

"The world's gotten too complex to try to manage some of these things on spreadsheets," said Dwight Klappich, a Gartner ...

Booktopia searches for new CEO after Tony Nash steps aside

The company described the trading environment for e-commerce companies as “volatile and unpredictable” and warned it exp...

Woolworths sales soar 10 per cent despite challenges of last quarter

"High levels of Covid-related team absenteeism and the disruption to our broader supply chain resulted in inconsistent c...

Slam dunk: Brand Collective sees big basketball opportunity for Reebok

The fashion and footwear retailer plans to open a handful of “small flagship” Reebok stores, invest in the brand’s onlin...

Mosaic Brands struggles to keep up with trade

Despite the volatile conditions, the company is optimistic about the second half of the financial year as more customers...

Meta Store brings the social network to the metaverse

By following Apple store’s tradition of putting the technology in the palm of the consumers’ hand, Meta aims to take Fac...