Business Services Industry

Colorado Group pulls out the stops.

Australasian Business Intelligence, June, 2005

Jun 22, 2005 (Ragtrader - ABIX via COMTEX)

Australian footwear and apparel retailer and wholesaler, Colorado Group, will revamp its operations. MD Rowan Webb said in May 2005 that the company would open about 30 new stores and refurbish up to 100 existing locations at a cost of $A8 million to increase customer traffic. Colorado recently implemented a new retail merchandising system, improving the efficiency of its supply chain. He told shareholders at the AGM that earnings in the 2005 first quarter were slightly below internal forecasts, saying market conditions were difficult.

Publication Date: 17 June 2005

COLORADO GROUP LIMITED - ASX CDO 

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