MOZ mosaic brands limited
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Oct 1 (Reuters) - Mosaic Brands Ltd (MOZ) : EXERCISED ITS...

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    01/10/21
    10:25
    Post #: 56492081

    Oct 1 (Reuters) - Mosaic Brands Ltd (MOZ) :

    • EXERCISED ITS OPTION TO PURCHASE REMAINING 49.9% OF ONLINE FASHION RETAILER EZIBUY
    • DEAL WILL ALMOST DOUBLE GROUP ONLINE REVENUE TO A$218 MILLION ANNUALLY
    • EXCLUDING EZIBUY, GROUP SALES FOR LAST FY CONTRIBUTED 19% OF REVENUE, COMBINED THIS WILL GROW TO ABOUT 30% OF TOTAL GROUP REVENUE
    • COMPLETION PAYMENT OF A$11 MILLION DEFERRED TO JUNE 30 2022
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