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Accent and Dusk are focused on young customers.So, the retail...

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saintex

4,755 Posts.

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13/06/25

10:19

Post #: 79418317
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Originally posted by saintex: ↑

Accent (footwear retailer) announces a profit warning today.
Due to a clear deterioration of sale and gross margin (- 80 bp for H2 25 to date).
This time, they mention weakness for both their retail and wholesale business (so far weakness was focused on their wholesale business).

This comes after Dusk, which also announced a brutal deterioration of its gross margin during H2 25.

Interesting to see that a lot of retailers have resisted for a long time to the high interest rates environment.
But their sales/gross margin are now deteriorating despite the beginning of interest rate cuts.

Other retailers may announce profit warnings.

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Accent and Dusk are focused on young customers.
So, the retail weakness may be mainly for this category of customers.
The other listed retailer which may be affected : Universal Stores, as they also focus on the same customers.
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