85
Fashion Jobs
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
PUMA
Key Account Manager, Marketplace E-Com
Permanent · HO CHI MINH CITY
ON RUNNING
Head of Footwear Sourcing
Permanent · HO CHI MINH CITY
By
Reuters
Published
Aug 21, 2018
Download
Download the article
Print
Text size

Australia's Scentre profit beats forecast on steps to reinvent retail space

By
Reuters
Published
Aug 21, 2018

Australian shopping mall owner Scentre Group said on Tuesday its underlying half-year profit rose 3 percent, beating analysts’ forecasts as a strategy of revamping assets to offset a slowdown in brick-and-mortar retail paid off.

Westfield London


Funds from operations (FFO), the primary earnings metric of the company, came in at A$657.2 million ($480.81 million), surpassing an average forecast of A$646.6 million compiled by Thomson Reuters I/B/E/S. FFO was A$638.1 million the previous year.

Scentre, the owner of Australian malls branded with the Westfield Corp logo, said it expects FFO growth of about 4 percent for 2018 and distribution per security growth of about 2 percent to 22.16 cents per share.

Like its former owner Westfield, Scentre has been building up non-traditional attractions like cinemas and luxury dining at its malls to juice more rent from tenants and offset the downturn in brick-and-mortar shopping.

Speaking on the company’s increasing focus on diversifying its retail space offerings, Chief Executive Peter Allen said, “We are making excellent progress on our customer-focussed strategy and real-time ability to act on customer feedback.”

“This has enabled us to curate a unique product and service mix in each of our living centres and create places that people want to visit.”

Comparable net operating income grew 2.5 percent compared to 2.6 percent growth last year. 

© Thomson Reuters 2024 All rights reserved.