Australian clothing and boot retailer RM Williams Holdings Ltd today said it was expecting a small loss for the year to June 2001.

The company said the result, subject to solid trading in the last six weeks of the financial year, would be a slight improvement on the first half.

"This would reflect a slight improvement to the result for the six months to 31 December 2000," the company said in a statement.

In March, RM Williams said it expected to post a profit for the full year, depending on the state of the economy.

Write-downs pushed the company's half year result into the red, with a $273,000 net loss recorded, compared to a $2.01m net profit the previous corresponding period.