Business Services Industry
UK stores to dictate Brazin's earnings.
Australasian Business Intelligence, November, 2002
Nov 04, 2002 (The Courier-Mail - ABIX via COMTEX)
Australian lingerie and entertainment retailer Brazin reports a 33 per cent rise in group sales in the September 2002 quarter. Speaking after the company's AGM, managing director, Brett Blundy, said the company's future growth would be largely tied to the success of its Sanity stores in Great Britain, which acquired 77 stores from Virgin Entertainment in 2001. Blundy also said that the company's re-branded Bras 'N' Things business, now known as BNT, enjoyed a major turnaround in the second half of the 2001-02 financial year. This has continued in the September 2002 quarter, when sales rose 11.8 per cent.
Publication Date: 5 November 2002
BRAZIN LIMITED - ASX BRZ:
SANITY MUSIC:...
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