Marginal rise in Q1 FY2014 sales at Myer Holdings

13 Nov '13

4 min read

During the quarter we successfully launched our first Nike “shop-in-shop” in the Sydney City store with three more to be launched across our network. In addition, 61 Napoleon Perdis installations (cosmetics) have been rolled out with the balance due to be installed in the coming months. An exciting launch event is planned for Napoleon Perdis at our flagship Melbourne store later this month.

Mr Brookes said that whilst trading conditions are expected to remain competitive throughout FY2014 he is confident in the strength of the Myer brand and team.

“We are ready to deliver a wonderful Christmas experience across all channels with a great merchandise offering, an exciting new advertising campaign, vibrant and festive stores and a team that loves to celebrate the season with our customers,” said Mr Brookes.

“Our online fulfilment distribution centre, which has been built to distribute our 15,000 best selling online SKUs, opened in October, significantly transforming our online fulfilment capability and will underpin the online store’s ability to meet projected volumes during the upcoming peak trading period.

“We are looking forward to the launch of significant new brands in the coming months including Peter Alexander (sleepwear), Baker by Ted Baker (childrenswear), Superdry (menswear), Sophie Hulme (handbags), Montique (womenswear) and Simon Johnson Food (general merchandise),” he said.

Myer Holdings

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