Luxury retailer bags 10% profit rise

Oroton has warded off strong international competition and a sluggish retail sector to post a solid increase in full year profits. The handbag and accessory retailer's profit jumped by 10.2 per cent to $27.5 million for fiscal 2013, up from $24.9 million. The group matched last year's final dividend of 28 cents, fully franked.

Oroton has warded off strong international competition and a sluggish retail sector to post a solid increase in full year profits. The handbag and accessory retailer's profit jumped by 10.2 per cent to $27.5 million for fiscal 2013, up from $24.9 million. The group matched last year's final dividend of 28 cents, fully franked.

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