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"We have been working on new ideas that will allow us to once again stage the Fashion Festival."

Barely a month into his sentence, the ex-Billabong boss looks to get out from behind bars.

This is the second store to open in Australia in under six months.

The specialty retail sector has battled tough trading conditions this financial year.

"This is a good set of results in challenging trading conditions."

The $30 million collapse of Marcs and David Lawrence is putting more and more people out of work.