Briscoe Group to take out multimillion dollar loan
The ‘conservative’ retailer says it isn’t scared of borrowing as it seeks external funding.
Briscoe Group brands Rebel Sport and Briscoes Homewares.
Briscoe Group is expected to take out its first bank loan, as money is prioritised toward growth initiatives.
In a trading update published yesterday, Briscoe outlined plans for a funding facility. Briscoe Group managing director Rod Duke said due to the $100 million distribution centre being
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