>>
Home / Knowledge / News / Fashion / Hallenstein same store sales rise in Australia

Hallenstein same store sales rise in Australia

15
Sep '05
Auckland, New Zealand based fashion retailer Hallenstein Glasson announced the full year results.

Growing success in Australia topped off a memorable year for fashion retailer Hallenstein Glasson, which lifted audited after tax profit by 12.4 percent to $19.297 million (2004:$17.167 million) for the 12 months ending 1 August 2005. After adjusting for a one off gain on the sale of property of $1.012 million last year, profit from trading lifted 19.5 percent.

This lifted earnings per share by 3.6 cents to 32.7 cents.

Directors have announced a final, fully imputed dividend of 17 cents (14 cents last year) bringing the full year's dividend to 30cents, up 6 cents or 25 percent.

Chairman Warren Bell stated that the company's strong financial performance demonstrates that it had got the retail formulae right for the quite separate New Zealand and Australian markets, and that the potential for future growth in both countries, particularly Australia, was “encouraging”.

Click here to see more details:

For the second straight year, trading profit showed double digit improvement – plus 41 percent in 2004 excluding a $1 million property gain, and plus 19.5 percent this year. New Zealand delivered yet another excellent result, with an after tax trading profit contribution of $18.985 million, up 16 percent.

In Australia they posted an after tax profit of $312,000 (compared to last year's loss of $261,000). While still modest, they have now traded profitably in Australia for three consecutive six-month periods, and the last six month performance has shown continued improvement.


Must ReadView All

Pic: Dreamstime.com

Apparel/Garments | On 22nd Jan 2022

Dhaka, Berlin sign €20.15-mn pact to improve RMG workers conditions

Bangladesh and Germany have signed an agreement to support five...

Pic: Shutterstock

Apparel/Garments | On 22nd Jan 2022

UKVFTA brings positive results to bilateral trade: Vietnamese ministry

The recently effective UK-Vietnam FTA has led to positive outcomes,...

Pic: Shutterstock

Apparel/Garments | On 22nd Jan 2022

Cambodia approves new projects worth $1.9 bn, including 2 garment ones

The Council for the Development of Cambodia has approved 10 projects...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Fabric selection & recommendation based on client's brief

Textile Industry, Head honchos

Textile Industry
Head honchos

Instagram & fashion will go a long way together

Gaurav Davda, Jindal Worldwide Ltd

Gaurav Davda
Jindal Worldwide Ltd

Indian MMF sector to become globally competitive

Klaus Bergmann,

Klaus Bergmann

German company Erbatech GmbH develops, designs and manufactures high end...

Kurt Wedgwood,

Kurt Wedgwood

From design to raw material to fabrication and ultimately to delivery -...

Yawer Ali Shah,

Yawer Ali Shah

Synthetic colours and dyes were all the rage till the very first ban on...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

Rocky Star, Label - Rocky Star

Rocky Star
Label - Rocky Star

<b>Rocky Star,</b> an Indian designer known for his inspiration from the...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

TESCO INTERNATIONAL SOURCING LIMITED
Abit
Chico’ FAS
T.T. Limited
Chori Company Limited
LC Waikiki
Aquarelle Clothing Limited
The Top Form Brassiere Manufacturing Company Limited
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
IDH – The Sustainable Trade Initiative
Cat Tuong Real Estate Group Joint Stock Company
Esprit Europe Services GmbH
Babyshop
Decathlon
KAS Direct Sourcing
G-Star Raw C.V.
Guess Europe Sagl,
Vardhman Textile Ltd
Tory Burch Hong Kong Ltd
SHAHI Exports Pvt Ltd
Eastman Chemical Company
Recron Polyester from Reliance Industries Limited
Walmart
THE BOMBAY DYEING ;& MFG.CO. LTD
BIMBA ;& LOLA SL
Brandix Lanka Limited
Puma
Rosset ;& Cia Limited
Lisa S.P.A.
Arvind Limited
Under Armour Global Sourcing Ltd
Sateri (Jiujiang) Fiber Co.,Ltd
OVS Hong Kong Sourcing Ltd.
John Varvatos
Tchibo GmbH
Phong Phu international JSC (PPJ)
Varner AS Retail
Desigual - ABASIC, S.A.
MAS Active / MAS Kreeda / MAS Bodyline
PVH Corporation
Midas Clothing Limited
Seasalt Limited
Gatsby Africa
Hirdaramani International Export Private Limited
Alix Partners
Permoda(Koaj/Armi/Pronto/Bkul)
International Textile Manufacturers Federation
IKEA of Sweden AB
Lacoste (Wanchai)
Grasim Industries Limited
BIANCA
Rayonese Textile Inc., Division de Culp Inc.
Green Fibre
Groz-Beckert East Asia LLP
Bluestem Global Sourcing Limited
Asos
Etam Group Strategy Hong Kong Limited
Sainsbury's Argos Asia Limited
Gap International Sourcing Limited
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Restoque S.A.
Maceton Limited
Lululemon Athletica Inc
Alison Hayes Romania
Splash
H;&M Hennes ;& Mauritz (Far East) Ltd
Huntsman (Singapore) Pte Ltd
Hela Clothing Pvt Ltd
Lenzing Aktiengesellschaft
Vianney Textil Hogar S.A. De C.V.
Sportmaster Ltd.
Boardriders Asia Sourcing Limited
Page Industries Limited (Bangalore)
Target Corporation (MN)
Tommy Hilfiger
Helly Hansen Far East Ltd
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
J ;& P Coats
Amazon China
Lifestyle
Aramark Uniform ;& Career Apparel, LLC
Landmark Group
C;&A Sourcing International Ltd
Benetton Group
Reiter India Private Limited
SYNERGIES HONG KONG LIMITED
Sportswear Company Spa
The LYCRA Company Singapore  Pte. Ltd
Gokaldas Exports Limited
Truetzschler India Private Limited

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search