AUSTRALIA: Bras 'n' Things Owner Enjoys Double Profits
The Melbourne-based company, which also owns the Sanity Music store chain, said its net profit more than doubled to A$23.3 million from $11.3m in 2001, with group sales up 25 per cent to A$489m.
It added the 128-strong Bras 'n' Things chain had got off to a solid start in the new fiscal year after strong second half sales and said it plans to open six new stores before Christmas.
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