NZ's Hallenstein Glasson falls on Sydney store closures amid virus spread

Hallenstein Glasson Holdings

12/07/2021 05:50

** Shares of Hallenstein Glasson Holdings  HLG.NZ  fall as
much as 1.2% to NZ$7.35, their biggest pct loss since June 22
    ** Apparel retailer says 13 Glassons stores in Sydney will
close from July 11 until lockdown is lifted  urn:newsml:reuters.com:*:nNZSbg7qa
    ** Adds that in previous lockdowns a shift to online sales
has protected the co from any significant sales impact
    ** Confirms that all other stores in Australia, including
the online stores, will continue to trade as normal
    ** Stock up 11.9% this year, as of last close   

 (Reporting by Savyata Mishra in Bengaluru)
 ((Savyata.Mishra@thomsonreuters.com;))