Fashion retailer OrotonGroup begins assessment of business

18 Jul '06

1 min read

To give better value to the company's shareholders, OrotonGroup has started strategic review of its business.

Company will assess each of its brands and value of particular brand in market.

There is no change in the earning guidance issued on June 19, where a net profit of $2 million to $3 million has been forecasted.

This assessment work will be done by the Carnegie, Wylie & Company in the area of strategic and finance.

OrotonGroup's brands include Oroton, Morrissey and Marcs, and the Australian licences for US label Polo Ralph Lauren and Canadian footwear brand Aldo.

More OrotonGroup News... More Fashion News - Australia...

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Fashion retailer OrotonGroup begins assessment of business

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