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New Clicks expansion under fire

The grand strategy for the management buy-out of health and beauty retailer New Clicks Australia is under pressure following the breakdown of talks on the purchase of Mayne Group's pharmacy services division.

Red Earth hopes to blossom under new chief

Red Earth, the global cosmetics brand with its roots in Australia, hopes to treble its annual sales to $US165 million ($233 million) after four difficult years of discounting, oversupply and quality problems and a 15 per cent revenue decline last year.

Float one option among many, says New Clicks

New Clicks Holdings, owner of the House and Priceline chains, said yesterday it was considering listing on the Australian Stock Exchange to expand its local business.

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