Macpac performance overshadowed by SRG underpayments scandal

Thu, 14 Feb 2019

By Nikki Mandow Feb. 14 (BusinessDesk) - Super Retail Group, which bought New Zealand outdoor clothing and equipment company Macpac 12 months ago, reported a 6 percent increase in first-half sales and an almost 9 percent improvement in normalised net profit. But the results were overshadowed by the announcement that the company will have to fork out almost A$43 million because of two staff-underpayment scandals uncovered during the past few months. The first incident, last year, affected staff involved in setting up and refurbishing st...

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