AUSTRALIA: Sales Soar At Fashion Retailer Noni B
Following the toughest conditions in 20 years, women's wear retailer Noni B has recorded positive sales growth, managing director Alan Kindl told shareholders at the company's annual general meeting. Negatives contributing to previously low sales included the very warm winter, the introduction of the Goods and Services Tax (GST), and the Sydney Olympics, which had acted to depress spending.