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Flat fashion: Sales growth stalls for Hallenstein Glasson

The “reality check” Hallenstein Glasson’s boss warned about has officially arrived as sales stayed flat over the Black Friday, Christmas and Boxing Day...

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Results for Air NZ, Sky TV, Port of Auckland, Nvidia in big day for investors

One of the biggest days of the year for investors featured a “tipping point” for artificial intelligence and a turnaround in ratepayer-owned Port of...

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Hallenstein Glasson lifts profit 25%, warns of softer sales amid cost-of-living pressures

Hallenstein Glasson lifts profit 25%, warns of softer sales amid cost-of-living pressures
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Glassons Supersoft collection restocks and is praised for similarity to Skims

An Australian fashion retailer has just restocked its extremely popular 'super soft' fabric collection that is regularly compared to Kim Kardashian's shapewear brand Skims.

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Glassons strong sales run hit by New Zealand

Glassons strong sales run hit by New Zealand
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Hallenstein Glasson sales down 10% to kick off FY22

Aussie store stock shifted to online channels during lockdown, says James Glasson.

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Hallenstein Glasson sales down 10% to kick off FY22

Aussie store stock shifted to online channels during lockdown, says James Glasson.

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Senior Graphic Designer | Glassons Australia

Senior Graphic Designer | Glassons Australia
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Hallenstein Glassons bounces back, despite Covid-19 uncertainty

Joseph Johnson/Stuff
The positive results came despite store closures in Melbourne and Auckland during the six-month period.
Melbourne stores were closed until October 27 while Auckland stores were closed from August 12 to August 31.
During the six-month period, Glassons Australia and Hallenstein Brothers Australia received $4.5m in wage subsidies from the Australian Government.
No New Zealand wage subsidies were received during the trading period, the company said.
Hamilton Hindin Greene financial adviser Grant Davies said the trading update was in line with what the market was expecting.
The Hallenstein Glassons results matched the strong results shared by other retailers in the post-Covid-19 period, he said.

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