01 August 2023
01 August 2023
With financial pressures mounting, a top industry body has called for immediate action to revive high streets.
The brand’s consolidated net profit amounted to $2.45bn in H1 FY23, representing 33% of sales over the period.
The move is part of the company’s ongoing restructuring efforts, following previous store closures in 2023 and related financial challenges.
The retailer expanded its product assortment and added convenience for shoppers by featuring an e-commerce solution in all stores.
With the launch, Boots has become MANSCAPED’s first brick-and-mortar retailer in the UK.
The two parties will also work together to nurture and develop the Maison.
The company expects $2.95bn to $3.00bn for net sales in full year 2023.
Ecommerce consultancy Everymile's chief digital officer Julie Austin tells Retail Insight Network how brands can outsource operational help.
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