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Uplifting growth for on-line underwear company.

Document Cited in Related
Vincent
PositionE-Commerce

Internet lingerie retailer Figleaves.com is expanding its management accounting function in recognition of the key contribution it made to the firm's first break-even result.

In December 2002 the company reported break-even at EBITDA on net sales ofo1 million. This compares with Amazon.com's break-even on turnover of 550 million [pounds sterling] in September 2002.

"We are in rarefied territory for dotcoms," said Figleaves.com's finance director, Howard Bryant ACMA. "The management accounting team is crucial to that success, continually adding value to the business. The unique role of management accountants, experts in everything from investment...

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