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N+1 Singer - MySale Group - Reassuring year end update
- Published:
21 Jul 2016 -
Author:
Matthew McEachran -
Pages:
3 -
We are delighted to announce our appointment as joint broker to Mysale as this online retailer releases an encouraging year end update. The group’s refocus on its core markets, margins and cost since early 2015 has now delivered three six month periods in which underlying EBITDA has increased and the focus of today’s statement is on growth and opportunity after a period of stabilisation. The group offers shoppers in ANZ, South East Asia and the UK access to brands and products at discounted prices via its flash sales, whilst providing its brand partners with innovative inventory and sales solutions backed by impressive inventory management and e-fulfilment capabilities. We will provide formal coverage in due course.