After all that media hysteria about American recession here is today's news:
https://themarketherald.com.au/asx-today-us-rebound-gathers-pace-as-recession-fears-fade-2022-05-18/?utm_source=threadview%20tmh%20widget&utm_medium=widget&utm_campaign=threadview%20tmh%20widget%20%7C%20click
what recession? retail up and watch this little gem bounce back.. did the downramper above bleat about this management being private equity going badly wrong in the hands of this management?? Could'nt have got it more rightimo snatch it while it's so cheap.
https://www.ragtrader.com.au/news/mosaic-brands-ceo-scott-evans-talks-international-expansion#:~:text=2022%20is%20already%20proving%20to,the%20others%20following%20soon%20after.In this special excerpt from the 2022: The Australian Fashion Forecast report, Mosaic Brands CEO Scott Evans details the process behind the business' expansion overseas.
2022 is already proving to be a big year for Australian retail giant, Mosaic Brands.
Before the close of 2021, the business launched two of its brands, Noni B and Rockmans, into the US market, with the others following soon after.
The expansion of the brands to the US comes after the Group witnessed strong digital sales in FY21, recording a 19% lift in eCommerce sales, which accounted for 19% of total sales.
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