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MySale continues strong performance

Underlying EBITDA at Anglo-Australian flash Sales site MySale soared by 100% to A$3m (£1.8m) in the six months to 31 December 2016, up from A$1.5m (£918,000) in the first half of the year.

Total gross profits were up 17% to A$38.4m (£23.5m) and online revenue also grew, jumping by 18%.

The group said a focus on driving customer conversion and controlling costs were behind the strong performance and added it was on track to hit full year expectations of A$8.5m (£5.1m)

MySale launched its first in-house brand London Chic in November last year.

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