There would be a ‘‘rationalisation of the abundance portfolio’’ and a abridgement in basic amount as the company’s focus confused to assorted channels, the aggregation said.
Despite the cease of stores, Specialty said redundancies were unlikely.
“Specialty Appearance Accumulation does not ahead a actual abridgement in headcount from the abundance rationalisation program," said a backer for the company.
"Apart from accustomed abrasion which about occurs aural the retail sector, the aggregation expects agents to be redeployed from those food actuality closed, to new food actuality opened in strategically important locations, and as allotment of the company’s ambition to cycle out 100 La Senza food in three years.”
Specialty is targeting a 15 per cent access in online sales over the abutting three years, and would barrage a women’s abrasion online business featuring bounded and all-around brands by June 2012.
It affairs to accessible 24 new food afterwards acid its absolute suppliers from 70 to 30 in the accomplished year.
It remained focused on attention gross accumulation margins through an bigger mix, bargain account levels and accumulation alternation innovations.
Net accumulation afterwards tax was $6.15 actor in the bisected year to December 31, bottomward 64.1 per cent from $17.15 actor in the above-mentioned agnate aeon (pcp).
Revenue was $307.28 million, bottomward 0.5 per cent from $308.81 actor in the pcp, the aggregation said.
Earnings per allotment were 3.2 cents, bottomward 63.6 per cent from 8.8 cents in the aforementioned time the antecedent year.
The half-year’s arduous bread-and-butter altitude was underpinned by chump caution, a able Australian dollar and analogously aerial amount inflation.
However, it expects artefact amount aggrandizement to affluence in the additional bisected and into budgetary 2013.
Specialty said cardinal initiatives in e-commerce, chump accord administration and the accumulation alternation were advanced well.
The aftereffect comes a ages afterwards the accumulation said its Christmas achievement was
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