'Consumer confidence remains challenging and we expect these conditions to continue into 2012,' said Mr Kindl. 'However, the initiatives we have taken to increase margins and control costs are expected to result in an improvement in second half earnings compared with the second half FY2011.'
'We are confident that Noni B is well placed to improve its performance as demand recovers. Meanwhile, we will maintain a conservative approach to managing the company's inventory, expenses and balance sheet.'
Noni B Limited, founded in 1977, is one of Australia's leading fashion retailers, with 212 stores nationally. Noni B differentiates itself by focusing on superior service, style and fit. Our dedicated team is passionate about providing women with an instore experience where personalised advice is the basis of great customer service, and our styles are designed to make our customers look and feel special day and evening, even when they travel.