PacBrands profits from Yakka acquistion
20/08/2008
Australian clothing, footwear and soft furnishings group Pacific Brands has posted a 10% growth in annual profit following its recent acquisition of workwear and work footwear label Yakka. PacBrands posted a net profit of $116.6 million for the 12 months ended June 30 compared with $106 million for the corresponding period last year.