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RCG, better known air jordan shoes for its 72148940 lebron nike shoes Athlete's Foot sports shoes cheap nike free chain, says its diversification into nike free run 2 miners' workwear helped it book a record first half profit, unlike other struggling retailers.
The retailer began distributing CAT (Caterpillar) isabel marant shoes work boots in Australia in April 2011 and its clothing range of parkas, jackets, T-shirt, shorts and trousers in January 2012.
The company said RCG Brands - the wholesale jordan retro for sale arm which includes CAT - was on track to lift the division's full year sales 35 per cent and and profits by at least timberland australia 20 per cent.
The impressive performance by CAT helped RCG's net 49792261 nike air max 2003 profit rise 2.4 per cent to a record $4.02 million for the half year to December 25, 2011, from $3.9 million a year earlier.
Sales rose 21.5 per cent to $23.7 million from $19.5 million.
The profit and sales rises came despite a drop in sales at The Athlete's Foot and RCG's Shoe 14763318 discount nike shoes Superstore outlets.
The Athlete's Foot sales dipped for the first time in four years, dropping 2.3 per cent to isabel marant etoile $86.6 million.
Like-for-like sales, excluding new store openings, were down four per cent to $84 million.
"This is the first shop isabel marant period that we've had a negative like isabel marant boots for like (for Athletes' Foot),'' Mr Hammerschlag said.
"Considering 32593823 nike air max moto 8 where the rest of isabel marant the market is I suppose we should be grateful.''
However the chain managed to maintain its earnings before interest, tax, depreciation and amortisation (EBITDA) at $5.4 million thanks to operating efficiencies.
Mr Hammerschlag said sales had begun improving significantly, rising 3.5 per cent on a like-for-like basis in the seven weeks since the end of December.
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