The group, which operates leisurewear brand Ralph Lauren and accessory label Oroton, achieved sales growth of 11 per cent for the year despite the global slump in the third and fourth quarters.
Chief executive Sally Macdonald said the two brands had recorded a 10 per cent increase in like-for-like sales for the first 19 weeks of fiscal 2009 compared with last year.
The group credited its strong performance to a newly streamlined portfolio, with underperforming labels Marcs, Morrissey and Aldo no longer part of the group. This was OrotonGroup's first official year of trade as a dual branded company.
The group also relocated to new headquarters in September, consolidating 164 staff in its Sydney CBD office to 65 staff in the suburb of Waterloo.
"We also converted a large portion of our wholesale business in Polo into a retail model by opening 8 menswear concession businesses which continue to trade well," MacDonald said, adding several store renovations across its two brands had also been completed.
Although the group said it was uncertain about the trading conditions ahead, its unique position in the market would help to make it competitive for the year ahead.
"Our position in Oroton of being 'better than a mass brand, but not as expensive as many imported luxury brands' is helping us and interestingly our most expensive bags continue to sell well," MacDonald said.
She confirmed the group would grow from 67 stores to a total of 70 stores by the end of fiscal 2009.