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.
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.
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...
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.
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.
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.