Hallenstein Glasson has named its new CEO that will head the business, following long-time CEO Graeme Popplewell's resignation in November. The former president and managing director of Toys 'R Us Japan, Mark Goddard, is taking over the reins of the apparel company.
After dedicating 45 years of his working life to two of New Zealand's best known retail brands, Hallenstein Glasson CEO Graeme Popplewell is stepping down. Popplewell was appointed managing director of Hallensteins in 2010 and group chief executive in 2011. He will leave the company at the end of this year.
Clothing retailer Hallenstein Glasson’s first-half profits have plummeted by 21 percent, and a reprieve doesn’t seem on the horizon. It warned that an unusually warm autumn in Australia and New Zealand is impacting on its sales.
The streets of Cuba, the vistas of Rio De Janeiro and the desolate Salt Flats of Utah are just some of the breath-taking landscapes Hallenstein Brothers has featured in its advertising. Now, its latest campaign takes the viewer on a short trip through Morocco and Dubai. PLUS: We look at the retailer's latest trading update and profit forecast.
Two of New Zealand and Australia’s leading retailers saw a strong year in 2015 as they overcame increased pressure from international competitors and the drop in the exchange rate of the NZ dollar to record strong profits. Briscoe Group continues its golden run from the previous financial year, while Hallenstein Glasson Holdings also end its financial year with strong numbers, tipping 2016 as a potentially exciting year.