All Harvey Norman articles
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AnalysisHarvey Norman: The retailing thunder from down under hoping to replicate its success in the UK
Australian retailer Harvey Norman may have only landed in England in October, but it’s a brand known to millions down under.
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GalleryAustralian retailer Harvey Norman has opened its first store in England
Australian technology, lifestyle and appliance retailer Harvey Norman has broken into the English market with its debut store in the Merry Hill centre in Dudley, West Midlands.
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NewsAustralian retailer Harvey Norman to launch in England
Australian-owned lifestyle, technology and entertainment retailer Harvey Norman is launching in England for the first time, with a flagship set to open at the Merry Hill shopping centre in Dudley, West Midlands.
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NewsBreakfast Briefing: Retail news on Amazon, Farfetch and Harvey Norman
Retail news round-up on March 5, 2015: ASA bans Amazon’s misleading Prime ‘free trial’ ad, Farfetch raises financing, Harvey Norman reduces Irish losses
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Harvey Norman reports net profit decrease
Consumer electronics specialist Harvey Norman described its year to June 30 as one of its most difficult.The retailer reported a 32% fall in net profit to AUD172.5m (£111.3m) compared with the previous year. The drop was blamed on soft consumer sentiment and discounting.Chief executive Gerry Harvey was more positive about ...
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Harvey Norman posts profit warning
Harvey Norman posted a profit warning following disappointing results in the first nine months of 2011. Unaudited preliminary accounts for the period indicate profit before tax of Aus$204.8m (£129m), a drop of 24.8% compared with the prior year period.The retailer said its technology categories continue to be affected by a ...
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Harvey Norman reviews online trade expectations
Electronics retailer Harvey Norman is lowering expectations of its online trade just months after launching its first mainstream consumer ecommerce website.The plan had been to generate 5% of sales online but chief executive Gerry Harvey said the company’s recent internet trading figures had not been impressive.The retailer now believes it ...
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Harvey Norman launches Irish website offshore
Household and electronics goods retailer Harvey Norman has launched an Irish website offshore through which Australian consumers avoid paying the goods and service tax.Harvey Norman chairman Gerry Harvey has expressed his concerns about the rise of international online shopping and its effect on the Australian retail market. He conceded the ...
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Harvey Norman to expand in Malaysia
Australia-based electronics retailer Harvey Norman is to expand in Malaysia and plans to open 20 stores in the Klang Valley in the next five years.The expansion will cost in the region of MYR100m (£20.9m) as it invests between MYR5m (£1m) and MYR10m (£2.1m) per store in the coming years.
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Harvey Norman acquires rival Clive Peeters
Electricals retailer Harvey Norman has announced that it has bought competitor Clive Peeters following its entry into voluntary administration after a difficult trading period.The company paid A$55m (£30.4m) for the 38 operating Clive Peeters and Rick Hart shops.The deal is expected to add between Aus$300 and Aus$400m (£166.1 and £221.5m) ...
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Harvey Norman’s Irish losses mount
Blaine Callard, the chief executive of Australian electronics retailer Harvey Norman’s Irish operations, has stated that the company is “not going anywhere” and would persist despite difficult trading conditions.Callard made the comments in spite of a nine-fold increase in losses last year, up to €40m (£33m). He added that the ...
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Harvey Norman profits up
Non-food retailer Harvey Norman reported that net profit in the six months to December 31 rose to Aus$158.9m (£95.4m) from Aus$99.3m (£59.6m) the year before.Profit from continuing operations soared 47% to Aus$237.8m (£142.7m). Consumer electronics performed strongly, despite the unwinding of one-off government stimulus cheques paid to consumers at the ...
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Harvey Norman posts a 40% increase in pre-tax profit for the first half
Electricals retailer Harvey Norman posted a 40% increase in pre-tax profit for the first half.Current trading is being driven by strong franchise store sales growth and increased confidence among consumers as the impact of the global financial crisis begins to ebb.Sales for the period jumped 7.7% to AUS$1.93bn (£1.02bn), while ...
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International News - Harvey Norman faces fines for Sunday trading
International News - Harvey Norman faces fines for Sunday trading