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Oroton shares soar on profit growth

2016-03-17 15:28:28| Apparel - Topix.net

Oroton said higher prices, rising online sales and the revamping of its stores drove the significant rise in profit in the six months to January 23 to $3.8 million. The company has in recent years been marred by heavy discounting prices and a loss-making Brooks Brothers joint venture, which it exited in 2015.

Tags: growth profit shares soar

 

Former Oroton boss Sally Macdonald to get Big W back on track

2015-12-18 09:06:11| Apparel - Topix.net

Big W's newly appointed boss, Sally Macdonald, is taking charge of Woolworth's troubled discount department store chain at a time of unprecedented competition in the general merchandise sector. The former Oroton Group chief executive was named the new chief executive of Big W on Friday and will be in charge of 22,000 staff and 190 stores from January.

Tags: on back big track

 
 

Oroton sells Brooks Brothers Australia interest

2015-07-24 12:05:41| Daily apparel & textile news and comment - from just-style.com

Australian retail business Oroton Group has sold its interest in Brooks Brothers Australia as it looks to focus on its core brand.

Tags: interest australia brothers sells

 

Oroton breaks up with Brooks Brothers

2015-07-24 04:15:03| Apparel - Topix.net

It's a classic rebound relationship gone wrong. Oroton Group hooked up with American charmer Brooks Brothers in 2013 after Ralph Lauren walked out on their 25 year relationship.

Tags: brothers breaks brooks oroton

 

Oroton sells Brooks Brothers stake

2015-07-24 02:05:12| Apparel - Topix.net

Oroton Group is offloading its stake in Brooks Brothers' Australian operations, just two years after partnering with the global fashion brand. The luxury goods maker has agreed to sell its interest in the joint venture, which includes 13 stores, to parent company Brooks Brothers Group.

Tags: brothers sells brooks stake

 

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