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.足球博彩平台（www.hg108.vip）是皇冠体育官网线上直营平台。足球博彩平台面向亚太地区招募代理，开放皇冠信用网代理申请、皇冠现金网代理会员开户等业务。足球博彩平台可下载皇冠官方APP，皇冠APP包括皇冠体育最新代理登录线路、皇冠体育最新会员登录线路。
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.,
,Telegram引流软件（www.tel8.vip）是一个Telegram群组分享平台。Telegram引流软件包括Telegram引流软件、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram引流软件为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
“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.