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Christian Louboutin call on Tuesday |
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"We have actively reviewed a number of opportunities over the course of this year," Mr Lew Yves Saint Laurent Shoes journalists during a conference call on Tuesday. "The approach we have taken is to be very disciplined and not to seek Jimmy Choo Platform Crisscross Silver grey Sandal as a tick-the-box exercise in an attempt to sell blue sky. "We will continue to be patient, but very active in exploring opportunities and will act when Jimmy Choo Platform Slingback Palladium white right one or ones present themselves." The company had A$316.64 million cash and cash equivalents at the end of fiscal 2010, which Mr Lew said left Premier very well placed to pursue opportunities. At 1123 AEST, Premier stock was up seven cents, or 1.02 per cent, at A$6.95, having traded as high as A$7.08. The broader market was up about 0.4 per cent. The full year result was hurt by the performance of the Portmans chain, which reported a 13.5 per cent decline in total sales and a full Jimmy Choo Platform Slingback snake white loss of A$18.5 million. Premier said in March it expected Portmans, which the company bought in 2008, to be profitable by 2012.
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