71
Fashion Jobs
L'OREAL GROUP
Multi-Brand Education Manager
Permanent · JOHANNESBURG
L'OREAL GROUP
E-Commerce Manager
Permanent · JOHANNESBURG
BEIERSDORF
Brand Manager
Permanent · DURBAN
G-STAR
Key Account Manager
Permanent · CAPE TOWN
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
PUMA
Payroll Administrator
Permanent · CAPE TOWN
ADIDAS
Senior Manager Sales: Shoe Channel - em South
Permanent · CAPE TOWN
ADIDAS
Senior HR Business Partner (6-Months Maternity Cover)
Permanent · CAPE TOWN
L'OREAL GROUP
Product Manager
Permanent · JOHANNESBURG
TREK
Country Manager
Permanent · SANDTON
L'OREAL GROUP
E-Commerce Key Account Manager
Permanent · JOHANNESBURG
ADIDAS
ic pp Data & Analytics Specialist - em
Permanent · CAPE TOWN
BEIERSDORF
Precision Marketing & Audience Specialist
Permanent · DURBAN
CLINIQUE
Clinique - Roamer - Edgars Eastgate, Gauteng - 40 Hours - Full-Time - Permanent
Permanent · JOHANNESBURG
PANDORA
Sales Assistant Ppt 96 Hours Balito
Permanent · DURBAN
L'OREAL GROUP
Data Analyst
Permanent · JOHANNESBURG
HTNK
High-End Fashion/Denim Designer
Permanent · JOHANNESBURG
H&M
Talent Acquisition Specialist
Permanent · CAPE TOWN
ADIDAS
Specialist Franchise Excellence - Ems Africa Export
Permanent · CAPE TOWN
LOVISA
Full Time Team Member | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
LOVISA
Store Manager | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
Published
Sep 28, 2016
Download
Download the article
Print
Text size

MySale improves margins as revenue rises 7%

Published
Sep 28, 2016

MySale, a leading international online retailer with flash sales sites in Australia, New Zealand, South-East Asia and the UK, reported revenue and profit growth as it focused on improving gross margins in the year to 30 June 2016.


MySale.com


Revenue grew by 7% to A$252.3 million, while profit climbed by 21% driven by a margin improvement to 26.4%, the company said Wednesday in a statement.

The group’s target territories performed well in the period, with particularly strong growth in the UK market, where Mysale trades as Cocosa. Revenue was up 139%, while profits grew 133%.

Meanwhile, the business in Australia secured a partnership deal with Sports Direct. Carl Jackson, CEO said this partnership is a “testimony to the capabilities” the company has to offer to large retail partners and will provide further a catalyst to the group’s growth plans.

Jackson added that MySale’s diversified international operations will help insulate the company from uncertainties related to Brexit. “In the immediate term the Group will experience some benefit from a weaker GBP Sterling exchange rate. Additionally, our core customer offer of compelling, discounted value in branded products should be highly relevant for consumers in tightening economic conditions."

The retail group also said the new financial year has got off to a strong start, with performance ahead of expectations. “The board is confident in the group's prospects for the year,” said the CEO.

Copyright © 2024 FashionNetwork.com All rights reserved.