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
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).