Connect with us


Accent Group holds on to JobKeeper despite spike in profits – Sydney Morning Herald

Footwear retailer says its will not hand back any of the near $50 million it has received in subsidies in order to protect staff from future lockdowns.



Footwear retailer Accent Group will not hand back any of the almost $50 million it received in JobKeeper subsidies despite reporting a $20 million jump in profits for the first half of fiscal 2021.
The $1.2 billion retailer, which operates stores such as Platypus, Hype and Sketchers, made no indication it would repay the JobKeeper payments in a statement to investors after market close on Tuesday.
Accent Group CEO Daniel Agostinelli. Credit:
For the six months to the end of December, Accent received…

Click here to view the original article.

Continue Reading

You might also like ...

Article feature image
Tea sold at Aldi recalled after contamination with chemical –
Article feature image
COVID wastewater alert for 11 suburbs in Melbourne’s west, residents urged to get tested –