Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Operating Segments - Disclosure of Detailed Information About Segment Performance (Details)

v3.19.2
Operating Segments - Disclosure of Detailed Information About Segment Performance (Details) - NZD ($)
$ in Thousands
7 Months Ended 12 Months Ended
Jan. 31, 2017
Jan. 31, 2019
Jan. 31, 2018
Jun. 30, 2016
DisclosureOfOperatingSegmentLineItems [Line Items]        
Service income $ 7,702
Revenue 96,284 111,920 131,388 151,000
Cost of sales (57,144) (74,480) (87,459) (83,525)
Gross margin 39,140 37,440 43,929 67,475
Administrative expenses (2,383) (3,432) (4,131) (4,090)
Corporate expenses (8,082) (14,145) (12,851) (13,002)
Other foreign exchange gain/loss 3,306 (1,963) (757) 2,423
EBITDA (2,126) (25,602) (24,053) 10,470
Brand transition, restructure and transaction expenses (1,321) (10,075) (3,272) (2,232)
Finance expense (6,238) (4,041) (8,791) (10,409)
Impairment expense (292) (8,173) (1,914) (2,157)
Fair value (gain)/loss on foreign exchange contracts 2,135 1,065 (502) 7,660
Fair value gain/(loss) on Convertible Note derivative (592) (775) 2,393
Loss before income tax expense (15,114) (50,494) (37,533) (15,200)
Income tax expense (865) 1,274 (60) (5,546)
Loss after income tax expense (15,979) (49,220) (37,593) (20,746)
Operating segments [member]        
DisclosureOfOperatingSegmentLineItems [Line Items]        
Revenue from external customers 96,284 111,920 131,286 143,290
Service income   102 7,702
Other income       8
Revenue 96,284 111,920 131,388 151,000
Cost of sales (57,144) (74,480) (87,459) (83,525)
Gross margin 39,140 37,440 43,929 67,475
Other segment expenses [1] (32,040) (45,454) (47,354) (48,362)
Administrative expenses (541) (1,050) (1,101) (801)
Corporate expenses (8,082) (17,947) (19,150) (13,002)
Other foreign exchange gain/loss (603) 1,409 (377) 5,160
EBITDA (2,126) (25,602) (24,053) 10,470
Brand transition, restructure and transaction expenses (1,321) (10,075) (3,272) (2,232)
Finance expense (6,238) (4,041) (8,791) (10,409)
Impairment expense (292) (8,173) (1,914)
Depreciation and amortisation (1,842) (2,382) (3,030) (5,446)
Fair value (gain)/loss on foreign exchange contracts (2,135) (1,704) (502) (7,660)
Unrealised foreign exchange gain/(loss) (568) 2,258 1,636 77
Fair value gain/(loss) on Convertible Note derivative (592) (775) 2,393  
Loss before income tax expense (15,114) (50,494) (37,533) (15,200)
Income tax expense (865) 1,274 (60) (5,546)
Loss after income tax expense (15,979) (49,220) (37,593) (20,746)
Operating segments [member] | New Zealand Retail [Member]        
DisclosureOfOperatingSegmentLineItems [Line Items]        
Revenue from external customers 21,953 31,801 34,269 37,389
Service income  
Other income      
Revenue 21,953 31,801 34,269 37,389
Cost of sales (9,707) (15,424) (16,488) (16,053)
Gross margin 12,246 16,377 17,781 21,336
Other segment expenses [1] (7,480) (13,537) (13,451) (12,263)
Administrative expenses
Corporate expenses
Other foreign exchange gain/loss
EBITDA 4,766 2,840 4,330 9,073
Brand transition, restructure and transaction expenses
Finance expense
Impairment expense
Depreciation and amortisation
Fair value (gain)/loss on foreign exchange contracts
Unrealised foreign exchange gain/(loss)
Fair value gain/(loss) on Convertible Note derivative  
Loss before income tax expense 4,766 2,840 4,330 9,073
Income tax expense
Loss after income tax expense 4,766 2,840 4,330 9,073
Operating segments [member] | Australia Retail [Member]        
DisclosureOfOperatingSegmentLineItems [Line Items]        
Revenue from external customers 12,053 18,547 18,236 20,680
Service income  
Other income      
Revenue 12,053 18,547 18,236 20,680
Cost of sales (5,592) (9,192) (9,457) (8,930)
Gross margin 6,461 9,355 8,779 11,750
Other segment expenses [1] (6,196) (11,003) (11,329) (9,835)
Administrative expenses
Corporate expenses
Other foreign exchange gain/loss
EBITDA 265 (1,648) (2,550) 1,915
Brand transition, restructure and transaction expenses
Finance expense
Impairment expense (281)
Depreciation and amortisation
Fair value (gain)/loss on foreign exchange contracts
Unrealised foreign exchange gain/(loss)
Fair value gain/(loss) on Convertible Note derivative  
Loss before income tax expense (16) (1,648) (2,550) 1,915
Income tax expense
Loss after income tax expense (16) (1,648) (2,550) 1,915
Operating segments [member] | New Zealand Wholesale [Member]        
DisclosureOfOperatingSegmentLineItems [Line Items]        
Revenue from external customers 7,484 7,154 10,453 15,071
Service income  
Other income      
Revenue 7,484 7,154 10,453 15,071
Cost of sales (4,961) (6,372) (8,213) (10,721)
Gross margin 2,523 782 2,240 4,350
Other segment expenses [1] (475) (912) (1,068) (709)
Administrative expenses
Corporate expenses
Other foreign exchange gain/loss
EBITDA 2,048 (130) 1,172 3,641
Brand transition, restructure and transaction expenses
Finance expense
Impairment expense
Depreciation and amortisation
Fair value (gain)/loss on foreign exchange contracts
Unrealised foreign exchange gain/(loss)
Fair value gain/(loss) on Convertible Note derivative  
Loss before income tax expense 2,048 (130) 1,172 3,641
Income tax expense
Loss after income tax expense 2,048 (130) 1,172 3,641
Operating segments [member] | Australia Wholesale [Member]        
DisclosureOfOperatingSegmentLineItems [Line Items]        
Revenue from external customers 18,091 11,491 15,512 28,021
Service income  
Other income      
Revenue 18,091 11,491 15,512 28,021
Cost of sales (11,431) (8,498) (12,545) (18,056)
Gross margin 6,660 2,993 2,967 9,965
Other segment expenses [1] (2,089) (4,495) (3,781) (3,520)
Administrative expenses
Corporate expenses
Other foreign exchange gain/loss
EBITDA 4,571 (1,502) (814) 6,445
Brand transition, restructure and transaction expenses
Finance expense
Impairment expense
Depreciation and amortisation (2,157)
Fair value (gain)/loss on foreign exchange contracts
Unrealised foreign exchange gain/(loss)
Fair value gain/(loss) on Convertible Note derivative  
Loss before income tax expense 4,571 (1,502) (814) 4,288
Income tax expense
Loss after income tax expense 4,571 (1,502) (814) 4,288
Operating segments [member] | US Wholesale [Member]        
DisclosureOfOperatingSegmentLineItems [Line Items]        
Revenue from external customers 9,015 5,798 6,390 18,876
Service income  
Other income      
Revenue 9,015 5,798 6,390 18,876
Cost of sales (6,934) (5,222) (6,438) (14,540)
Gross margin 2,081 576 (48) 4,336
Other segment expenses [1] (2,065) (2,724) (3,301) (2,817)
Administrative expenses
Corporate expenses
Other foreign exchange gain/loss
EBITDA 16 (2,148) (3,349) 1,519
Brand transition, restructure and transaction expenses
Finance expense
Impairment expense
Depreciation and amortisation
Fair value (gain)/loss on foreign exchange contracts
Unrealised foreign exchange gain/(loss)
Fair value gain/(loss) on Convertible Note derivative  
Loss before income tax expense 16 (2,148) (3,349) 1,519
Income tax expense
Loss after income tax expense 16 (2,148) (3,349) 1,519
Operating segments [member] | Europe Wholesale [Member]        
DisclosureOfOperatingSegmentLineItems [Line Items]        
Revenue from external customers 9,548 4,996 14,192 16,531
Service income  
Other income      
Revenue 9,548 4,996 14,192 16,531
Cost of sales (6,277) (4,490) (10,221) (11,658)
Gross margin 3,271 506 3,971 4,873
Other segment expenses [1] (2,013) (1,536) (2,904) (3,204)
Administrative expenses
Corporate expenses
Other foreign exchange gain/loss
EBITDA 1,258 (1,030) 1,067 1,669
Brand transition, restructure and transaction expenses
Finance expense
Impairment expense
Depreciation and amortisation
Fair value (gain)/loss on foreign exchange contracts
Unrealised foreign exchange gain/(loss)
Fair value gain/(loss) on Convertible Note derivative  
Loss before income tax expense 1,258 (1,030) 1,067 1,669
Income tax expense
Loss after income tax expense 1,258 (1,030) 1,067 1,669
Operating segments [member] | E-Commerce [Member]        
DisclosureOfOperatingSegmentLineItems [Line Items]        
Revenue from external customers 18,140 32,133 32,234 6,722
Service income  
Other income      
Revenue 18,140 32,133 32,234 6,722
Cost of sales (11,902) (21,248) (20,974) (3,582)
Gross margin 6,238 10,885 11,260 3,140
Other segment expenses [1] (3,654) (11,247) (11,520) (2,039)
Administrative expenses
Corporate expenses
Other foreign exchange gain/loss
EBITDA 2,584 (362) (260) 1,101
Brand transition, restructure and transaction expenses
Finance expense
Impairment expense
Depreciation and amortisation
Fair value (gain)/loss on foreign exchange contracts
Unrealised foreign exchange gain/(loss)
Fair value gain/(loss) on Convertible Note derivative  
Loss before income tax expense 2,584 (362) (260) 1,101
Income tax expense
Loss after income tax expense 2,584 (362) (260) 1,101
Operating segments [member] | Unallocated [member]        
DisclosureOfOperatingSegmentLineItems [Line Items]        
Revenue from external customers
Service income   102 7,702
Other income       8
Revenue 102 7,710
Cost of sales (340) (4,034) (3,123) 15
Gross margin (340) (4,034) (3,021) 7,725
Other segment expenses [1] (8,068) (13,975)
Administrative expenses (541) (1,050) (1,101) (801)
Corporate expenses (8,082) (17,947) (19,150) (13,002)
Other foreign exchange gain/loss (603) 1,409 (377) 5,160
EBITDA (17,634) (21,622) (23,649) (14,893)
Brand transition, restructure and transaction expenses (1,321) (10,075) (3,272) (2,232)
Finance expense (6,238) (4,041) (8,791) (10,409)
Impairment expense (11) (8,173) (1,914)
Depreciation and amortisation (1,842) (2,382) (3,030) (3,289)
Fair value (gain)/loss on foreign exchange contracts (2,135) (1,704) (502) (7,660)
Unrealised foreign exchange gain/(loss) (568) 2,258 1,636 77
Fair value gain/(loss) on Convertible Note derivative (592) (775) 2,393  
Loss before income tax expense (30,341) (46,514) (37,129) (38,406)
Income tax expense (865) 1,274 (60) (5,546)
Loss after income tax expense $ (31,206) $ (45,240) $ (37,189) $ (43,952)
[1] Other segment expenses relate to brand management expenses and some corporate expenses.