Cotton On Group discloses NZ results, reports $5m profit

Cotton On Group discloses NZ results, reports $5m profit
Cotton On NZ operates the Cotton On and Typo stores. (Image: Stuart Munro)
Gregor Thompson
Recently filed New Zealand financial statements from Cotton On Group offer a rare glimpse under the hood of one of Australia’s largest fashion retailers. On Thursday, Cotton On NZ filed its books at the Companies Office for the two years to June 30, 2024.The company, which operates Cotton On, Cotton On Body, Cotton On Kids and Typo stores, recorded a net profit after tax of $5.4 million, up 16.4% compared with the year to June 2023. Across its store network, the group’s total turnover rose 1.4% to $148.3m year-on-year as e...

More Retail

ComCom clears Woolworths ready-meal deal
Retail

ComCom clears Woolworths ready-meal deal

The Commerce Commission granted clearance for Woolworths Group to acquire ready-meal manufacturer Beak & Johnston.Through facilities in New Zealand and Australia, Beak & Johnston (B&J) makes and supplies ready-to-eat meals under its brands to grocery retailers, wholesalers, and f...

Gregor Thompson 17 Apr 2025
Accent Group plans Sports Direct roll-out in NZ
Retail

Accent Group plans Sports Direct roll-out in NZ

With the help of London-listed Frasers Group, Accent Group will take on Rebel Sport.

Gregor Thompson 16 Apr 2025
Grocery commissioner doubles down on supermarket shake-up
Retail

Grocery commissioner doubles down on supermarket shake-up

Pierre van Heerden wants to change wholesale supply and bring in a big third player.

Garth Bray 16 Apr 2025
Flexibility is ‘core’ to drivers: Australasian Uber chief
Retail

Flexibility is ‘core’ to drivers: Australasian Uber chief

Emma Foley says drivers want to be contractors, despite the court case opposing it.

Gregor Thompson 15 Apr 2025