‘Solid start’: Hallenstein Glasson reports sales hike to start year

‘Solid start’: Hallenstein Glasson reports sales hike to start year
Glassons Australia is driving growth. (Image: NZME)
Gregor Thompson
Hallenstein Glasson has reported an early-year sales lift linked to continued growth in its Australian Glassons segment.The clothing retailer reported its full-year earnings for the year to Aug 1 on Friday. Net profit after tax lifted 12.1% to $58.4 million and was at the top end of the narrow range provided to the market in late August.  The group stated that the first seven weeks of the new financial year had delivered a “solid start”, with sales up 12.9% compared to the prior corresponding period. New and...