皇冠体育(www.huangguan.us)是皇冠体育官方信用网线上直营平台。皇冠体育开放信用网和现金网代理申请、信用网和现金网会员注册、线上充值线上投注、线上提现、皇冠官方APP下载等业务。

首页社会正文

新2网址最新登录(www.99cx.vip):Cautious spending likely to affect InNature

admin2022-07-2017

ug环球官网www.ugbet.us)开放环球UG代理登录网址、会员登录网址、环球UG会员注册、环球UG代理开户申请、环球UG电脑客户端、环球UG手机版下载等业务。

Seeking growth: The Body Shop’s outlet is seen in the Klang Valley in this file picture. InNature might reopen these outlets in airports in the country after having closed six during the Covid-19 pandemic.

PETALING JAYA: Innature Bhd’s sales momentum could face headwinds in the second half of the year, in light of sluggish consumer spending and intensified competition.

CGS-CIMB Research, in a report, noted that the company’s sales momentum likely improved quarter-on-quarter in the second quarter of 2022, mainly driven by the lifting of movement restrictions and “revenge spending” activity.

“However, we believe the sales volume could be weaker than expected due to a slower recovery in footfall at its stores in non-prime locations in Malaysia.

“While we have seen increased tourist arrivals post border reopening, we also gather that high-spending foreign tourists, especially from China and the Middle East, remain scarce at this juncture.”

In lieu of weaker sales expected in the second half of 2022 due to sluggish consumer spending ability, intensified competition and demand normalisation, CGS-CIMB Research is lowering its revenue forecast for InNature for 2022 to 2024 by between 1.4% and 4.1%.

InNature retails and distributes The Body Shop brand of co *** etics and personal care products.

CGS-CIMB Research noted that InNature raised average selling prices of its products as of end-June 2022 by around 7% to offset rising input costs via new product launches and packaging.

,

新2网址最新登录www.99cx.vip)实时更新发布最新最快最有效的新2最新登录网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

,

“Nonetheless, we are concerned that price hikes could lead to lower demand, given the weaker consumer purchasing power in the second half of 2022.

“InNature has been raising selling prices since the fourth quarter of 2021. Hence, we think this could also lead to margin compression as it may be unable to fully pass on the costs to protect sales volume.”

As of June 2022, InNature had 118 stores: 76 in Malaysia; 40 in Vietnam and two in Cambodia, said CGS-CIMB Research.

Going forward, the research house said InNature aimed to continue rolling out more “workshop” concept stores, which typically have a faster breakeven period of within a year.

“These will have better customer in-store experience. The company also plans to upgrade existing outlets (in prime locations with higher footfall) to compete with peers in terms of store attractiveness.

“It also intends to break-even its Vietnam outlet within 12 to 15 months. InNature may also reopen its The Body Shop outlets in airports in Malaysia after closing six during the Covid-19 pandemic.”

Last month, InNature announced that it was disposing of its entire shareholding in wholly-owned subsidiary Ola Beleza Sdn Bhd to Natura Co *** etics Asia Pacific Pte Ltd (Natura AP) for RM2.04mil.

网友评论

1条评论
  • 2022-07-20 00:04:00

    PRIME Minister Ismail Sabri Yaakob has refuted claims that the government is doing nothing to address the cost of living issue.谁猜一猜结局

最新评论