close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Retail
2 mins to read

Country Road to restructure after ‘disappointing’ results

The group’s five retail brands will go through a ‘fix and reposition’ exercise.

Australasian sales are down 11% in the first eight weeks of the 2025 financial year.

Fashion brands Country Road, Politix, Witchery, Mimco, and Trenery can expect restructuring and job cuts on both side of the Tasman after a weak performance in the annual profit results of South African parent company Woolworths Holdings.

Woolworths’ chief executive Roy Bagattini pinpointed the

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).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Lachlan Colquhoun Fri, 06 Sep 2024
Contact the Writer: lachlan@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.
Country Road to restructure after ‘disappointing’ results
Retail,
105736
true