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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Hallenstein's 25% profit slump due to management shuffle: analyst

Calida Smylie
Tue, 19 Aug 2014

The substantial sales slump from clothing retailer Hallenstein Glasson [NZX: HLG] occurred due to a tough first half year which a more stable second half could not fully rectify, say analysts.

Net profit fell to between $14 million and $14.2 million in the 12 months ended August 1, from

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Calida Smylie
Tue, 19 Aug 2014
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Hallenstein's 25% profit slump due to management shuffle: analyst
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