AuMake doubles sales, anticipates breaking even
The listed daigou company lifted sales 107 per cent to $21.4 million and grew gross profit 172 per cent to $3.1 million in the year. It also saw significant sales of own brand products, which now represent 4 per cent of annual sales.
The company, which connects Australian suppliers directly with daigou, said it expects to break even operationally in the FY19.
More to come.
Inside Retail Polls
Department store Myer has further streamlined its executive team, cutting 35 roles from its head office in Melbourn… https://t.co/jEPQL27ujx5 days ago
Clothing retailer Jeanswest is the latest retailer to enter voluntary administration, citing difficult trading co… https://t.co/xyBNwDPO0J6 days ago