Hallenstein Glasson Holdings Limited reported sales results for the first 14 weeks of fiscal 2014. For the period, the company advises that sales have remained subdued, with group sales -7% on the prior year.

Based on current trends net profit after tax for the 6 months ending February 1, 2014 will be approximately $8 million, a decrease of -20% on the prior period ($10.371 million).