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

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