Australia’s City Chic reports strong ANZ gains, US sales fall
City Chic Collective has reported 8 per cent growth in the first 18 weeks of H2 FY25, led by strong 17 per cent growth in ANZ, while the US market declined 13 per cent. Online traffic rose 23 per cent, and gross margin held steady. The group is targeting the lower end of its revised full-year revenue and EBITDA range due to ongoing US volatility, while continuing to focus on sales and margins.
City Chic Collective has reported 8 per cent growth in the first 18 weeks of H2 FY25, led by strong 17 per cent growth in ANZ, while the US market declined 13 per cent.
Online traffic rose 23 per cent, and gross margin held steady.
The group is targeting the lower end of its revised full-year revenue and EBITDA range due to ongoing US volatility, while continuing to focus on sales and margins.
