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Hallenstein Glasson remains ‘disciplined’ on expansion

‘We’re not denying this is probably one of the toughest retail environments that we can all remember,’ CEO says.

Hallenstein Glasson store in Wellington.

Kate McVicar Mon, 30 Sep 2024
Key points
  • Revenue: Up 6.3% to $435.6m
  • Net profit after tax: Rose 7.8% to $34.5m
  • Key takeaway: The clothing retailer is expected to continue its strategic approach to expansion. 

Despite further opportunity for Hallenstein Glasson across the Tasman, chief executive Chris Kinraid intends to stick to a controlled approach.

“Within Australia, that still presents an opportunity but we remain really disciplined on [opening] new stores where they deliver the metrics we

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Kate McVicar Mon, 30 Sep 2024
Contact the Writer: kate@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • Revenue: Up 6.3% to $435.6m
  • Net profit after tax: Rose 7.8% to $34.5m
  • Key takeaway: The clothing retailer is expected to continue its strategic approach to expansion. 
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Hallenstein Glasson remains ‘disciplined’ on expansion
Investment,
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