A lens on 5 NZX retailers amid the prevailing lockdown

Highlights Sectors like technology, healthcare, digital payment, and online shopping received a boost amid the ongoing pandemic. In the six-month results, Briscoe noted an increase in sales, which comprised of its online platform as well. Mich...

Highlights Due to the COVID-19 pandemic, there were store closures and the retail industry was down. Online sales for retail businesses witnessed growth in the past year. Improved results for several companies indicate that things are getting ...

Highlights NZ’s retail sector has stayed positive after getting impacted by COVID-19 challenges. Retail companies are witnessing a substantial rise in the costs of retail goods. Briscoe, Warehouse, Restaurant Brands are some of the retai...

Highlights Premium jewellery retailer offers shining quarterly results in Q4 FY21. With robust Y-o-Y growth in sales, the Company is well placed for exceeding EBIT predictions. Weathering the COVID-19-related storm, the Company is set to smash...

Highlights The first-half sales report released by Briscoe Group indicates improvement. Michael Hill offers growth in sales, despite COVID-19-related challenges. Recovery and growth announced by Restaurant Brands NZ. The retail industry s...

Summary Kathmandu Holdings affected by Australia Lockdown after solid start to the winter Trade in Europe and North America remains unaffected and stable Earnings guidance while currently lowered, remains subject to change Kathmandu Holdi...

Summary Briscoe Group declared positive half-year results for the period closed 1 August 2021. Earnings guidance along with other future expectations witnesses a rise on pcp. Post lockdown, a surge in products’ demand was noted as one of...

New Zealand’s retail sector is marked with vibrant high streets, and town centres, which is crucial to the NZ communities. Though impacted by the initial lockdowns across the country, the retail sector was soon revived by cashing on to the di...

Summary Briscoe Group Limited offered management changes and updates Hallenstein Glasson Holdings Limited revealed suffering store closures due to COVID-19 restrictions Strong sales were reported by Michael Hill International Limited, despite ...

Summary e-Retailing is the way to go for the future due to convenience to the customers. The COVID-19 pandemic gave e-retailing a major thrust. Some of the big companies in e-retailing and not so well known and are Chinese. The COVID-19 p...