Hallenstein Glasson says sales and margins lift in positive start to summer season

Thu, 30 Nov 2017

By Tina Morrison Dec. 1 (BusinessDesk) - Hallenstein Glasson Holdings said its clothing retail chains had traded strongly so far this summer, with increased sales and margins. Sales for the first 17 weeks of the new financial year, from Aug. 2 to Nov. 30, were 15 percent ahead of the same period last year, and gross margin had improved, the Auckland-based retailer said in a statement. "This is a positive start to the summer season, however December and January months are the peak trading periods and significant contributors to the ful...

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