Initiatives during 2007/08

Competitive strengths
Initiatives during 2007/08
Initiatives planned for 2008/09
Initiatives during 2007/08
Store operations and human resources
  • Completed roll-out of enhanced training procedures
  • Improvements to repair service
  • Further enhancements to store staff recruitment
    processes
  • Continued improvement of in-store execution

Merchandising
  • Continued to develop sourcing from rough diamond initiative
  • Evolution of 'Journey' assortment
  • Further designs added to Leo Diamond range
  • Development of Peerless Diamond range in Jared
  • Launch of Hearts Desire assortment in Jared
  • Expansion of Le Vian range to all mall brands

Marketing
  • Further growth in Kay television impressions
  • Jared advertising on national network television
  • Enhancement of the Kay website
  • Increased support for branded merchandise

Real estate
  • Net space increase of 10%
  • 40 Kay off-mall openings
  • Continued testing of Kay in outlet centres
  • 19 Jared openings
  • About 80% of new space in off-mall locations

Credit operations
  • Additional resources invested in collection procedures