KEY POINTS:
Kiwi clothing label Hallenstein Glassons is moving across the Tasman - well, a very small part of it is, anyway.
The company is to move the buying function for its Glassons womenswear stores from Christchurch to Melbourne later this year.
Chief Executive Shayne Quanchi says the key buying team, consisting of about five people, will relocate to Melbourne before the end of the year.
"Buying is a vital function of a fast moving fashion business such as ours and we want to have this core function located close to the growth opportunities already identified in Australia."
Ms Quanchi said it is only the "fashion direction" of the Glassons business that is relocating. Other functions such as visual merchandising, financial services, retail, marketing, operations and distribution will remain in Christchurch. The structure of the Hallensteins menswear business remains unchanged; it will continue to operate out of its Auckland head office.
Ms Quanchi said, "We are very conscious of the need to maintain a balance between harnessing the growth opportunities in Australia while still continuing to grow and develop our core business in New Zealand."
- NZHERALD STAFF
