Noni B news and archive

Australia's Mosaic Brands to analyse use of ‘safe harbour’ provisions

Australian fashion group Mosaic Brands has confirmed in a stock market filing that it is analysing the use of safe harbour provisions as it continues to tackle operational issues impacting financials. The statement came in response to a report by The Australian Financial Review, which has initially stated that the company had already entered a...

Business|ANALYSIS Featured

Australia’s Noni B targets 70 percent earnings growth in FY18

Womenswear retailer The Noni B Limited (ASX: NBL) released a trading update for the 12 months ended July 1 on Thursday, advancing it’s set to achieve a whopping 70 percent rise in earnings by the end of its fiscal year 2018. Noni B registered total sales of 364 million dollars in FY 2018, a 15 percent increase year on year (FY 2017’s sales came...

Business

Noni B to become one of the largest fashion retailers in Australia

After snapping competitor’s Specialty Fashion’s portfolio of mid-market brands - Millers, Katies, Rivers, Crossroads and Autograph for 31 million dollars, Noni B has become one of the largest especiallty women’s apparel retailers in Australia. Noni B will own and run a network of more than 1,350 stores across nine brands, including Noni B Group’...