Kathmandu, Hallenstein may be able to withstand Amazon in Australia: analysts

Fri, 29 Sep 2017

By Rebecca Howard Sept. 29 (BusinessDesk) - Kathmandu Holding and Hallenstein Glasson Holdings appear to be weathering a global move to online shopping and may be able to withstand the pressure as Amazon pushes into Australia as early as next month, analysts say. In early August, Amazon announced its first Australian fulfilment centre in Dandenong South and the appointment of a country manager. Amazon declined to offer any further detail today. However, while the online giant hasn't actually specified an Australian launch date "the assu...

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