
New Zealand-based fashion retailer Hallenstein Glasson had a good first half with net profit surging 65% as it opened new stores in Australia, ramped up its digital efforts and avoided heavy markdowns.
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New Zealand-based fashion retailer Hallenstein Glasson had a good first half with net profit surging 65% as it opened new stores in Australia, ramped up its digital efforts and avoided heavy markdowns.
Deborah Caldwell, CEO of women's clothing chain Storm, recently bought the brand from retailer Hallenstein Glasson Holdings for an undisclosed amount.
New Zealand-based fashion retailer Hallenstein Glasson is upbeat after reporting that first half sales rose strongly and its profit jumped 63% as a result.
New Zealand-based retail group Hallenstein Glasson reported healthy rises in first-half sales and profits, helped by strong Glassons sales and improved margins.
Hallenstein Glasson, which operates the Hallenstein menswear brand and the Glassons and Storm womenswear brands, said net profit after tax plunged 22%, hurt by a challenging apparel environment and sour exchange rates.
New Zealand fashion retailer Hallenstein Glasson revealed it plans to focus more on e-commerce in 2016, on the back of changing demands in consumer purchasing habits witnessed during the first-half of the year.
NZ’s Hallenstein Glasson Holdings Limited has appointed former Pumpkin Patch CEO, Di Humphries, as chief executive of its women’s fashion chain, Glassons.
New Zealand clothing retailer Hallenstein Glasson's first half profit rose 56 percent on a strong gain in sales, the company said.
New Zealand clothing retailer Hallenstein Glasson Holdings Ltd reported a 19 percent fall in full year profit because of tough retail markets and shrinking margins, but said it expected the coming year to be better.