Retailer on a roll

Country Road's purchase of the Witchery and Mimco businesses in 2012 has provided a significant boost to sales and profits. Country Road made a profit of $41 million in the year to June 30, up from $16 million, as sales rose 69 per cent to $706 million. It expects further profit growth in the year ahead.

Country Road's purchase of the Witchery and Mimco businesses in 2012 has provided a significant boost to sales and profits. Country Road made a profit of $41 million in the year to June 30, up from $16 million, as sales rose 69 per cent to $706 million. It expects further profit growth in the year ahead.

Related Articles