Kathmandu celebrates its third decade of business with a rise in full year sales of 13 percent.
Briscoe Group has had another record financial year as net profits rise to 59.4 million NZD or 26.5 cents per share.
Spending power has improved for the Kiwi consumer over the past year with interest rates at record low levels. Business commentator Warren Head picks apart the factors affecting retail shoppers, and takes a look at how Briscoe Group has remained so competitive.
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Briscoe Group has beat its full-year forecast and increased its profit to $47.1 million in the year ending January 31, up almost 20 percent from $39.3 million the previous year. The company credited its success to inventory management and new technology that manages stock.