RCG cuts profit guidance 11pc as footwear sales soften

RCG cuts profit guidance 11pc as footwear sales soften

Footwear retailer RCG Crop has slashed full-year profit guidance by 11 per cent - the second downgrade in three months - after soft sales of brands such as Skechers,Vans and Doc Martens.

  • bySue Mitchell

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Temple&Webster loss blows out to $44m

Temple&Webster loss blows out to $44m

Online furniture retailer Temple&Webster's loss was more than double what was forecast in its prospectus.

  • bySue Mitchell
Coca-Cola Amatil profit up as water sales offset weak soft drink demand

Coca-Cola Amatil profit up as water sales offset weak soft drink demand

Coca-Cola Amatil's profits are up after higher sales of bottled water offset weak demand for fizzy drinks.

  • bySue Mitchell
JB Hi-Fi profit surges in wake of Dick Smith demise

JB Hi-Fi profit surges in wake of Dick Smith demise

JB Hi-Fi's net profit rose a better than expected 11.5 per cent to $152.2 million in 2016,underpinned by robust demand for consumer electronics and market share gains in the wake of the collapse of Dick Smith.

  • bySue Mitchell
The Athlete's Foot owner bulks up with Hype buy

The Athlete's Foot owner bulks up with Hype buy

Fifteen months after its transformative $200 million acquisition of Accent Group,RCG has agreed to pay as much as $105 million for Hype DC.

  • bySue Mitchell
The online grocers solving the dinner dilemma

The online grocers solving the dinner dilemma

Innovative web-based grocers are stealing a march on the major supermarket chains in the $1.8 billion online grocery market.

  • bySue Mitchell
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Online retailer Kogan.com's IPO'different to the others',says founder Ruslan Kogan

Online retailer Kogan.com's IPO'different to the others',says founder Ruslan Kogan

Ruslan Kogan has distanced Kogan.com from recent e-commerce sharemarket flops.

  • bySue Mitchell
SurfStitch appoints new CEO,flags $18 million loss

SurfStitch appoints new CEO,flags $18 million loss

SurfStitch's new chief executive,Mike Sonand,has promised to restore profitability next year.

  • bySue Mitchell
Retailers embrace digital ahead of'millennial tsunami'

Retailers embrace digital ahead of'millennial tsunami'

New technology gives retailers unprecedented information about consumer shopping habits,even those of fickle millennials.

  • bySue Mitchell
Greencross doubles down on retail as bidders back off

Greencross doubles down on retail as bidders back off

Greencross is aiming to grab a bigger share of the $7.2 billion petcare market after sending its private equity suitors packing.

  • bySue Mitchell
Kathmandu takes legal action to recover Briscoe Group takeover costs

Kathmandu takes legal action to recover Briscoe Group takeover costs

Adventure wear retailer Kathmandu has taken the unusual step of launching legal action against New Zealand retailer Rod Duke's Briscoe Group to recover costs incurred defending a failed $324 million takeover attempt.

  • bySue Mitchell