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The ACCC has cleared, provisionally, the proposed deal between Optus and NBN Co under which Optus is to be paid around $800m to shut down its HFC network and transfer customers onto the NBN. read moreHarvey Norman Monster's top international retailer again
Angus Kidman
Saturday, 10 January 2009 12:36
The electronics and homewares giant scored the top international retailer award at Monster Cable's annual awards.
Handing out the gong at an awards ceremony at the Paris hotel in Las Vegas during CES 2009, Monster CEO Noel Lee said that Harvey Norman had increased sales of Monster products by 36 per cent during the year, with total sales of $100,000 during the year.
Even at Monster's remarkably high prices - some of its products sell for thousands of dollars - that's a whole lot of HDMI. Growing sales for big screen TVs and Blu-ray players have created a healthy aftermarket for cables and other accessories.
Though $100,000 may seem a large figure, the overall Harvey Norman numbers were dwarfed by some US chains which sold millions of dollars of Monster gear from single stores during the same period.
Harvey Norman beat out chains from Canada, the UK and Northern Europe to take the award.
Lee noted that Harvey Norman had expanded its international reach in recent years with stores in Europe and Asia.
"They're all over South-East Asia - they're fantastic," Lee said.
The award, which comes during Monster's 30th year of operation, represents a potential bright spot in what has been a mixed year for the retailer.
In 2008, Harvey Norman took the unprecedented step of beginning monthly retail updates to reassure the market.
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