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Financial

Opinion: Is the retail sector through the worst of the pandemic pain?
Cartoon people choosing and buying fresh products at grocery store vector flat illustration. Colorful man and woman shopper at supermarket. Customers purchasing food at retail shop

Opinion: Is the retail sector through the worst of the pandemic pain?

As Melbornians emerged from 110 days of lockdown in Australia, pent-up demand saw retailers in the state get a welcome boost. Reportedly, about 10,000 shoppers passed through the doors of Kmart’s late-night Me...
Harvey Nichols parent turns a profit despite ‘catastrophic’ retail climate
Cafe de Coral revenue tumbles as Covid restrictions keep diners away
Starbucks Korea to join the delivery fray
More red ink for Global Brands as revenue falls by nearly half

Financial Archives

Gold prices

Soaring gold price, China recovery boost Chow Tai Fook results

As the gold price soars, so does the fortune of jeweller Chow Tai Fook.

Harvey Norman sales suffer in Asia, global profit explodes

Malaysia's continued movement restrictions hurt instore sales for the department store.

Online investment eats into Gap profits

Gap Inc's pivot to online may be boosting sales, but the consequential investment is eating into profits.
Haidilao chief strategy officer Zhou Zhaocheng.

Hot pot high flyer Haidilao opens 400 new outlets

Despite a global pandemic, Chinese hot pot chain Haidilao is on track to open 400 new restaurants this year.

Tiffany beats profit estimates on soaring China demand

China has powered a surge in profits for luxury jeweller Tiffany & Co.