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Country Road posted a 22.4 per cent jump in sales in the September quarter, but it expects the next six months to be much tougher.
Chief executive officer Ian Moir told shareholders at the retailer's annual general meeting that sales in Country Road's standalone stores lifted 15.8 per cent on the previous corresponding period.
Sales in department store concession outlets were up 27.6 per cent. "To achieve the growth we have in the first quarter on lower promotional activity and in a difficult retail climate has been very satisfying," Moir said.
But he added the next six months were "likely to be tougher and we are managing our business accordingly. We are conscious of the change in consumer confidence and the slowdown in the retail sector."
- AAP