Market Update - NSW, VIC and QLD Update

6 AUGUST 2021

MARKET UPDATE – NSW, VICTORIA & QUEENSLAND UPDATE

Hallenstein Glasson Holdings Ltd advises that on Thursday 5th August the Government in Victoria announced that the state would enter a strict lockdown from Thursday 5th August for a period of 1 week, due to end on Thursday 12th August. The 12 Glassons stores in Victoria have been and will remain closed for the duration of the lockdown.

Following the announcement from the Government in Queensland, areas in South East Queensland are in lockdown restrictions until Sunday 8th August. The 7 Glassons stores and the 4 Hallenstein Brothers stores have been and will remain closed for the duration of the lockdown.

The Greater Sydney lock down in New South Wales will continue until at least Saturday 28th August. All 14 Glassons stores in NSW will remain closed until further notice to ensure the safety of our staff and customers.

As per previous updates, the Group continues to see an increase in online sales which has helped to lessen the overall sales impact in Australia. The Group has taken significant steps to ensure the safety of our staff and customers, and to ensure that the web will continue to trade as normal during this difficult time. New Zealand stores remain unaffected.

The Group will continue to follow advice and monitor the situation closely to ensure an agile approach is taken to reduce any adverse impact on trading and to protect our team and customers.

Stuart Duncan
Group CEO

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Announcement PDF