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Briscoe Group release full year sales

  • News
  • February 5, 2018
Briscoe Group release full year sales

Briscoe Group has made a record full-year profit as sales top the $600 million-dollar mark. The group credits the profit to strong sales in the fourth quarter.

Briscoe Group, owners of both Briscoes and Rebel Sport, saw total sales rise by 2.6 percent to about $194 million in the 13 weeks ended January 28.

A strong fourth quarter was credited towards the sportswear sector which saw sales rise 5.1 percent, or a 4.9 percent same-store gain, of $69 million.

Although homeware was down 0.3 percent on a same-store basis, sales climbed by 1.3 percent to $124.8 million. For the full year sales rose 3.5 percent to $603 million as homeware gained 3 percent to $384 million and sporting goods sales were up 4.3 percent to $219 million. 

Managing director, Rod Duke, says gross percentage should be expected to be lower as intense retail competition continues to grow, both here and internationally.

"We operate in highly competitive markets, and it is a credit to the whole team that we have once more delivered a record performance."

"Our traditional store format and promotional campaigns continue to resonate with our customers. This was particularly evident during Black Friday and Boxing Day – both were record days for us."

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Going to the dogs: Kelvin – the Thermokennel keeping dogs happy and healthy

  • Design
  • August 20, 2018
  • Georgina Harris
Going to the dogs: Kelvin – the Thermokennel keeping dogs happy and healthy

Kelvin – the Thermokennel was created to keep working dogs comfortable and productive. Georgina Harris spoke with creator Rosie Todhunter and Daniel Faris, chief executive of Locus Research, about the design, its Kickstarter campaign, and the origins of the name.

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FreightFish is experimenting with hydrofoil shipping

  • Design
  • August 20, 2018
  • Jonathan Cotton
FreightFish is experimenting with hydrofoil shipping

These are your shipping options: slow or expensive. Neither is ideal, right? Well, that’s the problem Max Olson is looking to solve with a new high-speed hydrofoil-based shipping venture, FreightFish.

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Nelson retailers meet over decline in CBD activity

  • News
  • August 17, 2018
  • Tracy Neal
Nelson retailers meet over decline in CBD activity

The "For Lease" signs on shop windows in Nelson have become a predominant window display.

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Ticket reseller Viagogo taken to court

  • News
  • August 16, 2018
  • Radio New Zealand
Ticket reseller Viagogo taken to court

The Commerce Commission will take the controversial ticket reseller company Viagogo to court, saying it breached the Fair Trading Act.

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How the New Zealand market is reacting to the single-use bag ban

  • News
  • August 16, 2018
  • Sarah Dunn
How the New Zealand market is reacting to the single-use bag ban

Prime Minister Jacinda Ardern announced on Friday that single-use plastic bags will be phased out in New Zealand over the next 12 months, a necessary move to preserve the country’s green reputation. What do businesses in Aotearoa either making alternatives to plastic or attempting to phase out its use think about the move?

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Kiwi brand takes flight: Whittaker's opens first store in international airport

  • News
  • August 16, 2018
  • Courtney Devereux
Kiwi brand takes flight: Whittaker's opens first store in international airport

International travellers can now take our country’s favourite chocolate with them when they travel, as Whittaker’s has opened its first physical store in Auckland International Airport.

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