Premier Investments, the owner of retail brands such as Just Jeans and Portmans, says trade improved in October and is in line with expectations in November.
The company also reaffirmed its guidance of earnings before interest and tax (EBIT) in 2012 of $80 million to $95 million from its retail division.
Chairman Solomon Lew told the company’s annual general meeting on Tuesday that a considerable amount of work had been done to ensure all brands, stores and staff were ready for the Christmas season.
“Trade in October improved on the trend we saw in August and September,” he said.
“In addition, November is on track.”
Premier also owns the Dotti, Jay Jays, Jacqui E and Peter Alexander brands.
