City News: Sir Philip Green, Mike Ashley, Sports Direct, Moss Bros, MySale and Tui
The Australian company, which floated on the UK stock exchange in 2014, said annual revenue grew 7 per cent to 252.3 million Australian dollars (£149million), while pre-tax profits came in at 167,000 Australian dollars compared to a 21.5 million Australian dollars loss last year.
The group revealed that it has inked a new partnership with Mr Ashley’s Sports Direct in Australia, which will see the retailer’s inventory feature on MySale’s antipodean websites.
Chief executive Carl Jackson said that the firm is “well insulated” from Brexit-linked uncertainty and that, in the immediate term,... read more
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