‘Total over reaction’: Gerry Harvey fires up as shares fall
The Harvey Norman chairman has vehemently defended the retailer’s interim results, which showed a drop in sales, profit and a skinnier than expected dividends.
The Harvey Norman chairman has vehemently defended the retailer’s interim results, which showed a drop in sales, profit and a skinnier than expected dividends.
Hardware giant Bunnings – already a popular spot for pets – launches a major assault on the booming sector as Aussies spend billions pampering their animals.
Heavy discounting and multimillion-dollar options issued to the online retailer’s founder and chief financial officer has led to a doubling in losses.
The end of Covid-19 and return of public celebrations for birthdays, anniversaries and weddings has helped fuel demand for jewellery.
Luxury wine giant Penfolds has held talks with a powerful Chinese drinks industry body that could reflect a thawing of trade relations between Beijing and Canberra.
In Australian corporate life being chief financial officer is like being federal Treasurer – it doesn’t guarantee you the PM gig. New Coles CEO Leah Weckert has turned that on its head.
The popularity of Amazon Prime TV shows like The Lord of the Rings: The Rings of Power and Fleabag have boosted subscriptions in Australia.
The country’s largest retailer of high-end shoes and trendy sneakers has seen revenue spike nearly 300 per cent to a record $895m thanks to its mortgage-free customers.
Shares in the nation’s largest auto retailer rally more than 12 per cent following record annual profit and a strong new car order book.
The budget retailer, which has lost two CEOs in less than a year, has admitted a poor merchandise offer in the second half hit sales as consumers cut back on spending.
Original URL: https://www.theaustralian.com.au/author/eli-greenblat/page/64