Hallenstein Glasson Holdings posts earnings increase
Hallenstein Glasson Holdings posted a 15% rise in earnings, as the clothing retailer increased market share.
Hallenstein's opened its first factory in Dunedin in the 1800s, and merged with Glassons in the 1980s.
Profit increased from $18.3 million last year to $21 million in the 12 months to August this year.
Sales increased 4.9%, and stock rose 2.4%.