April 27 (Reuters) - Accent Group Ltd AX1.AX :
* TO PROGRESSIVELY RE-OPEN ALL GROUP STORES
* EXPECT OUR ONLINE SALES TO REPRESENT A MUCH LARGER SHARE OF TOTAL SALES IN FUTURE
* RE-EVALUATING LOCATION, SIZE AND FORMAT OF STORE NETWORK
* ATTEMPTING TO NEGOTIATE WITH LANDLORDS; SEEKING FOR RENT TO BE CALCULATED BY REFERENCE TO A PERCENTAGE OF SALES
* "WHERE WE ARE UNABLE TO ACHIEVE A RESOLUTION THAT WE CONSIDER TO BE FAIR, WE WILL CLOSE STORES"
* CONCLUDED SUCCESSFUL NEGOTIATIONS IN RESPECT OF MORE THAN 100 STORES
* GIVEN NOTICE TO EXIT 28 STORE LEASES AT EXPIRY OVER NEXT 6 MONTHS