Market Update – Sydney and Melbourne Update
1
21 JULY 2021
MARKET UPDATE – SYDNEY & MELBOURNE UPDATE
Hallenstein Glasson Holdings Ltd advises that the Government in New South Wales announced the Greater
Sydney lockdown will continue until at least Friday July 30. The 13 Glassons stores in the Sydney area will
remain closed until further notice to ensure the safety of our staff and customers.
The Group further advises that the Government in Victoria announced that the state would enter a strict
lockdown from Friday July 15, and this has now been extended to 11.59pm on Tuesday July 27. The 13 Glassons
stores in Victoria have been and will remain closed for the duration of the lockdown.
As with previous lockdowns there has been an increase in online sales which has helped to lessen the overall
sales impact in Australia. All other stores in Australia, including the web, will continue to trade as normal. New
Zealand stores are not affected.
The Group will continue to follow advice and monitor the situation closely to ensure an agile approach is taken
to reduce any adverse impact on trading and to protect our team and customers.
Stuart Duncan
Group CEO
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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