Hallenstein Glasson sales up on last year, margins improve, chairman Bell says

Tue, 09 Dec 2014

By Paul McBeth Dec. 10 (BusinessDesk) - Hallenstein Glasson, the clothing chain, said sales are tracking above last year after four months of trading and margins have improved, though the Christmas sales period remains critical, chairman Warren Bell says. The Auckland-based retailer's sales are up 2 percent in the four months ending Dec. 1 from the same period a year earlier, and margins are wider indicating better profitability from 2013, Bell told shareholders at today's annual meeting in Auckland. Still, the Christmas period remains im...

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