Hallenstein shares jump 20% as online sales ease covid blues

Hallenstein shares jump 20% as online sales ease covid blues
Dan Brunskill
Hallenstein Glasson shares jumped 20 percent after the clothing chain said online channels helped keep annual sales stable through the pandemic lockdowns.  The stock hit a three-month high $4.30, and was recently up 19.5 percent at $4.10, after the company said sales were up 0.1 percent at $287.76 million in the 52 weeks ended Aug. 1. The retailer said it expects annual profit of between $27.2 million and $27.8 million, down just 5 percent despite store closures across Australia and New Zealand through the lockdown. Second-half sales d...

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Strong early sales for Hallenstein Glasson
Retail

Strong early sales for Hallenstein Glasson

The retailer's growth was primarily driven by the Australian market. 

Jaime Lyth 10 Dec 2025
Australian fund buys stake in AS Colour from Direct Capital
Retail

Australian fund buys stake in AS Colour from Direct Capital

The deal is still conditional and not expected to settle until early 2026.

Jaime Lyth 10 Dec 2025
Foodstuffs executive Lindsay Rowles appointed Mitre 10 CEO
Retail

Foodstuffs executive Lindsay Rowles appointed Mitre 10 CEO

Mitre 10 New Zealand has appointed one of Foodstuffs’ most senior executives as its new chief executive as the retailer embarks on its next era.Lindsay Rowles, former Foodstuffs North Island general manager, will lead the multi-category retailer from March 9, 2026.He takes over t...

Staff reporters 09 Dec 2025
The small standout performers on the NZX
Retail Small Cap Wrap

The small standout performers on the NZX

The small cap index has a blinder in 2025, some small cap awards, and more.