Senior executives at Pacific Brands Limited
(ASX:PBG) have had a salary freeze imposed for the 2013 financial year according to its latest annual report.
The clothing maker has been struggling to revive its bottom line amid a weak retail environment.
Pacific Brands’ Chairman says its strategic priorities will be to focus on key brands and reducing costs.
Pacific Brands booked a net loss of $450.8 million in the 2012 financial year.
