• Fri
  • Dec 26, 2014
  • Updated: 11:01pm


Coles Myer hits back at ex-official

AUSTRALIA'S largest retailer, Coles Myer, said it would not be 'held to ransom' by Philip Bowman, the finance director it sacked last weekend after three months in the job.

Friday, 8 September, 1995, 12:00am

Coles Myer sells unit

COLES Myer expects to book a A$100 million (about HK$572 million) profit following an agreement to sell its credit card operations to a subsidiary of General Electric for about US$133 million.

3 Aug 1995 - 12:00am

Coles Myer

AUSTRALIA'S biggest retailer, Coles Myer, said its first-half net profit rose 3.6 per cent over last year, reflecting a 2.9 per cent rise in sales.

The company said its profit rose to A$245.1 million (about HK$1.35 billion) in the six months ended January 23.

The company declared a fully franked interim dividend of 11 cents, unchanged from a year earlier.

11 Mar 1994 - 12:00am

Catwalk coup sparks Aussie fashion frenzy

THE Australian fashion world is in a frenzy over the arrival of supermodels Claudia Schiffer and Linda Evangelista, for an Aussie fashion spectacular this week.

1 Sep 1993 - 12:00am

Australia trade retail

THE Australian retail sector will continue to restructure amid a gradual pickup in sales in the next 12 months as its economy emerges from recession, Standard & Poor's Australian arm says.

S & P predicted in a profile of the sector that retail sales would grow about 2.5 per cent in the year ending May 1993.

1 Jun 1993 - 12:00am

City home for international tenants

INTERNATIONAL companies Coles Myer, Sansui and Chemihan, have signed leases totalling 17,000 square feet for office space in China Hongkong City in Tsim Sha Tsui.

The buying office for Australian retail chain Coles Myer will take 5,000 sq ft, while electronic companies Sansui and Chemihan are to lease 7,000 sq ft and 5,800 sq ft respectively.

24 Mar 1993 - 12:00am

Tale of two shopping cities

THE two great cities of Sydney and Melbourne historically compete for the number one spot in Australia - and no more so than on the shopping scene.

Sydney has a lot to offer the visitor, with a strong line in tourist shops.

Claiming to be the birthplace of Sydney, The Rocks area, near Circular Quay, is home to the designer souvenir and authentic bushman look.

26 Jan 1993 - 12:00am