Devine seizes the helm at Hallenstein Glasson as fortunes rise

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Devine seizes the helm at Hallenstein Glasson as fortunes rise


Hallenstein Glassons opened a flagship store in Christchurch in 2016.

STACY SQUIRES/STUFF

Hallenstein Glassons opened a flagship retailer in Christchurch in 2016.

Mary Devine’s new job as managing director of Hallenstein Glasson has prompted her to resign her directorship at Briscoe Group.

She stated it wasn’t a lot a direct battle of curiosity however extra about her time commitments.

“The Hallenstein enterprise is in nice form for the time being regardless of the powerful retailing atmosphere.”

Mary Devine says she will resign her Briscoe directorship to devote more time to her new role as managing director of Hallenstein Glasson.

SUPPLIED

Mary Devine says she’s going to resign her Briscoe directorship to commit extra time to her new position as managing director of Hallenstein Glasson.

Devine is taking the job a fortnight earlier than the corporate is because of reveal a wholesome revenue from Christmas buying and selling.

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“It’s kind of quickly for me to speak about any plans, I’ve bought just a few issues to kind out earlier than I begin firstly of April.”

Tim Glasson is also a major property investor behind the $80m rebuild of the Hallenstein Glasson stores in Christchurch.

DEAN KOZNIAC/STUFF

Tim Glasson can also be a serious property investor behind the $80m rebuild of the Hallenstein Glasson shops in Christchurch.

Her appointment follows the shock resignation of Mark Goddard in February, triggering a share value fall in late February earlier than it recovered. 

Devine joined the board of Hallenstein Glasson in mid-2018 with a complete retail background together with a number of government jobs in recent times.

She has in depth networks within the Christchurch enterprise scene – one among Hallenstein’s founders, main shareholder, and director, wealthy lister Tim Glasson, lives there. 

Devine additionally had a 12 month stint  as chief government for property investor and developer Philip Carter’s Carter Group in 2014.

Earlier expertise included chief government of EziBuy the place she deployed her expertise in manufacturing, distribution and advertising of attire manufacturers.

Devine’s portfolio of directorships consists of Briscoes, insurer IAG, Christchurch Metropolis Holdings, Meridian, and Foodstuffs. 

Mary Devine was chief executive for Carter Group during 2014 - pictured with managing director and rich lister Philip Carter.

Murray Irwin

Mary Devine was chief government for Carter Group throughout 2014 – pictured with managing director and wealthy lister Philip Carter.

The final Hallenstein Glasson annual after-tax revenue for the 12 months to August 2018 was $27 million on turnover of $277m, an enchancment of 16 per cent over the earlier yr.

A buying and selling replace in mid-February forecast an after-tax revenue of $16m (6 per cent up) on turnover of about $151m (up three per cent) over the earlier six month corresponding interval. 

Hallenstein Glasson is made up of Glassons shops in New Zealand and Australia, and Hallenstein Brothers.

Mary Devine steered Christchurch department store Ballantynes through a difficult period after the 2011 earthquakes until the end of 2013.

STACY SQUIRES/STUFF

Mary Devine steered Christchurch division retailer Ballantynes by way of a tough interval after the 2011 earthquakes till the tip of 2013.

 

 



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