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Business Description: Country Road (CTY) is involved in the retail of fashion apparel, accessories, homewares and home furnishings. The brand is sold primarily through Country Road retail stores, major department and specialty stores.
Strategy Analysis: CTY's strategy for growth is to expand both product ranges and its retail footprint. In light of the current economic conditions, CTY has implemented several cost-saving initiatives. Management continue to focus on cost control and inventory management. .
Country Road reported NPAT up 47.70% to $18.22m for the year ended 30 June 2011. Revenues from ordinary activities were $423.79m, up 11.20% from last year. Basic and Diluted EPS were 26.38 cents compared to 17.86 cents last year. Net operating cash flow was $35.91m compared to $1.25m last year. The final dividend declared was 12.93 cents, taking the full year dividend to 18.57 cents compared with 8.81 cents last year.
The Age 26/05/2012 | I WAS reading some old Marcus Today newsletters. From 2003. Let me take you back and allow you to exercise the power of hindsight:
The Age 25/05/2012 | RADIO People are six times more likely to go to an advertiser's website if they have heard the ad on radio, according to research by Colmar Brunton, released by Commercial Radio Australia. The research showed that radio advertising has an immediate effect on people's digital activity, with more than three-quarters of those exposed to advertising visiting a website or Facebook page or searching for the brand online within 24 hours. Commercial Radio Australia chief executive Joan Warner said the ...
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