SFH specialty fashion group limited
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News: SFH Specialty Fashion To Sell Millers, Katies, Crossroads, Autograph And Rivers Portfolio Of...

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    14/05/18
    09:30
    Post #: 33069406

    May 14 (Reuters) - Specialty Fashion Group (SFH) :

    • TO SELL MILLERS, KATIES, CROSSROADS, AUTOGRAPH AND RIVERS PORTFOLIO OF BUSINESSES TO NONI B LTD FOR $31.0M
    • FY18 RESULT IS EXPECTED TO BE AT UPPER END OF PRIOR GUIDANCE RANGE OF UNDERLYING EBITDA BETWEEN $14 MILLION TO $20 MILLION
    • DANIEL BRACKEN WILL CONTINUE AS CEO & MANAGING DIRECTOR OF CO
    • EXPECTED THAT DANIEL WILL STEP DOWN PRIOR TO AGM TO BE HELD IN NOV 2018 AFTER A PHASED HANDOVER TO PHIL RYAN WHO WILL BECOME CEO
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