MALAYSIA: BritishIndia Forecasts Annual Growth
The company bases much of its optimism on the new outlets that have opened during the course of the year, and which it says have compensated for lowered same-store sales following September 11. BritishIndia has a presence in Singapore, Brunei, Thailand, Australia, the Phillippines, and the United Arab Emirates.
Pat Liew, CEO and founder of BritishIndia owner BTC Clothier Sdn Bhd, says that revenue growth has so far been "very sound, very stable" in spite of the dip which followed the attacks on the US.
The company recently opened its second outlet in Penang, and plans to open its fifth Singaporean store during the next month. More new outlets are scheduled.
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