AUSTRALIA: Clothing Retailer Put Up For Sale
Perth-based men's wear retailer Tony Barlow Australia has been up for sale as it prepares to post a A$760,000 loss for the six months to December 31 following a A$1.54 million loss for the year ended June 30. The company, whose stores in Western Australia, South Australia, Victoria and Queensland sell fashions from top designers such as Versace and Hugo Boss, said recently the introduction of a new sales tax and the worldwide effects of September 11 had made trading difficult.
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