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We have the wrong attitude to retail ambition in this country

A recent article in the Australian Financial Review took a shot at retail brand Kikki.K’s “ambitious international expansion” and the early establishment costs associated with the overseas expansion. It pointedly commented on the obvious by stating “the Melbourne based retailer lost $8.4 million in 2017, after losing $5.1 million in 2016, as start-up costs overseas offset earnings growth in Australia”. While neither the AFR or the journalist in question are Robinson Crusoe in this narr

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