85
Fashion Jobs
ADIDAS
Senior Director Product Creation Ftw
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Corporate Affairs & Reputation Manager - Corporate Affairs & Engagement
Permanent · HO CHI MINH CITY
JO MALONE LONDON
Education Manager, Jml/lm
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Senior HR Operations Executive/ Assistant Manager
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager (Franchise)
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Commercial, Adigolf, Vietnam 1
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager 1 (Franchise)
Permanent · HO CHI MINH CITY
COLUMBIA
lo Costing & Engineering Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Category Manager - Cpd
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Business Planning Manager - Cpd
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager Product Creation (Sportwear)
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Product Manager - Shu Uemura
Permanent · HO CHI MINH CITY
ADIDAS
Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Manufacturing Engineer
Permanent · HO CHI MINH CITY
SPECIALIZED
Painting Quality Engineer - Bình Dương, Vietnam
Permanent ·
ON RUNNING
Social Compliance Specialist - Hcm Based
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Sourcing Operations
Permanent · HO CHI MINH CITY
WILLIAMS SONOMA
Wood Sustainability Specialist - (Global)
Permanent · THUẬN AN
PUMA
Manager Quality Apparel & Accessories
Permanent · HO CHI MINH CITY
PUMA
Senior Executive, Finance
Permanent · HO CHI MINH CITY
PUMA
Head of Quality Footwear
Permanent · HO CHI MINH CITY
PUMA
Quality Engineer Cobra
Permanent · HO CHI MINH CITY
By
Reuters
Published
May 16, 2018
Download
Download the article
Print
Text size

Australia's Myer reports fall in Q3 sales

By
Reuters
Published
May 16, 2018

Australia’s biggest department store chain, Myer Holdings Ltd, posted a 2.7 percent drop in third-quarter sales on Wednesday, hit by an unseasonably warm start to winter.


Sales were A$635.3 million ($474.6 million) in the third quarter ended April 28 - Myer

The firm added that the weather could impact fourth-quarter profit and that it would no longer provide quarterly sales updates from fiscal year 2019.

Sales were A$635.3 million ($474.6 million) in the third quarter ended April 28, from A$653.0 million a year earlier. Analysts do not release quarterly sales forecasts for Myer.

Online sales grew 49.4 percent over the course of the quarter.

“The unseasonably warm start to winter has impacted sales, particularly in winter apparel, shoes and accessories,” Executive Chairman Garry Hounsell said in a statement.

In March, Myer posted its biggest half-yearly loss since listing as it wrote off underperforming assets. It also ousted its CEO and replaced him with John King, a former head of Britain’s House of Fraser Ltd, in an effort to speed up its recovery.

The 118-year-old company has been closing stores, cutting prices and beefing up its online offer to lure back shoppers from online rivals like Amazon.com Inc and discount brick-and-mortar specialists like Uniqlo Co Ltd.

Myer has seen its market capitalisation shrink to a fraction of its 2009 listing value as it battles online competition and a revolt from shareholder Solomon Lew, who is trying to oust the board.

© Thomson Reuters 2024 All rights reserved.