Naked Brand Group Limited Launches Retail and Outlet Store Expansion Strategy
Cenntro Electric Group Limited - Ordinary Shares (NAKD)
NASDAQ:AMEX Investor Relations:
ir.nakedbrands.com
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Source: GlobeNewswire
New Lease Commitments Across Australia and New Zealand Commence Two-Year Store Rollout Strategy to Expand its Direct to Consumer Channels Within Heritage and Mass Market Brands SYDNEY, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Naked Brand Group Limited (NASDAQ: NAKD), a global leader in intimate apparel and swimwear (the “Company” or “Naked”), has signed a series of new leases for retail and outlet stores across Australia and New Zealand to commence the first stage of its planned two-year rollout strategy of 20 additional stores. Three new sites have been confirmed in New Zealand - Northlands, Invercargill and Manukau. Additionally, one site is underway in Perth, Australia which will open in a new Direct Factory Outlet (DFO), one of six highly productive outlet centers owned by leading Australian property retail group Vicinity (ASX: VCX). Once under full operation, the total incremental revenue per store is projected to be approximately USD$650,000, with the four-wall contribution pro
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