City Chic shares jump 11pc despite supply chain pain
CEO Phil Ryan says City Chic is stockpiling inventory, paying factories earlier to get priority processing and bulking up orders to fight supply chain issues.
Source: afr.com
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ASX opens lower; more pain for Afterpay
Australian shares open down; Afterpay -7.2pc; City Chic inventory higher; Michael Hill profit upgrade; Virtus Health updates elective surgery restrictions; Pendal FUM falls; VGI no material fees.
Source: afr.com
The Michael Hill (ASX:MHJ) share price slips despite record Christmas trading results
The Michael Hill (ASX:MHJ) share price is in the red today despite record Christmas and New Year sales results.
Source: fool.com.au
Michael Hill celebrates a merry Xmas as sales surge
Jewellery company Michael Hill International (MHI) enjoyed a strong earnings performance over the December quarter, despite challenges posed by Covid-19.
Source: newstalkzb.co.nz
ASX to open flat and unions put pressure on employers over wage increases
Financial commentator Peter Switzer writes in his column: “Inevitably, unions have to do their job and fight for pay increases for their...
Source: proactiveinvestors.com.au