Founded in Christchurch in 1918 by Henry Cooper Smith - Smiths City Group Limited is a Christchurch based holding company active in three complementary industry segments – Retail, Property & Consumer Finance.
Overview Revenue fell 5.1% to $215.9 million as challenging trading conditions persisted in the second half of the year; same-store sales down 2.7% to $198.6 million. Net loss before tax of $9.9 million down from a net profit of $2.0 million in the prior year. Online sales growing strongly with fourth quarter sales up 51%
National furniture and appliance retailer Smiths City today announces the appointment of Antony Karp as a new non-executive director. It also announces the resignation of non-executive independent director Sheena Henderson from the end of June. Mr Karp was recently the Chief Operating Officer of the ASX-listed women’s clothing retailer Specialty Fashion Group as well as
Smiths City (Southern) Limited is the Group's trading arm. This company operates through Smiths City, with centralised back office support functions. The over-riding retail strategy centres upon the retailing of branded products.