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

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

v3.21.1
Operating Segment - Disclosure of Detailed Information About Segment Performance (Details) - NZD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Jan. 31, 2019
Statement Line Items [Line Items]      
Revenue $ 80,039 $ 90,065 $ 111,920
Cost of goods sold (46,147) (56,247) (74,480)
Gross profit 33,892 33,818 37,440
Administrative expenses (9,556) (11,837) (3,432)
Corporate expenses (9,350) (12,772) (14,145)
Other income 4,223
Other foreign exchange gain (loss) (3,642) (615) (1,963)
EBITDA 690 (16,167) (25,602)
Brand transition, restructure and transaction expenses (22,527) (14,593) (10,075)
Finance expense (8,214) (5,213) (4,041)
Interest income 5 12
Income/(loss) before income tax expense (68,212) (53,523) (50,494)
Income tax expense (134) (782) 1,274
Profit/(loss) after income tax (68,346) (54,305) (49,220)
Operating segments [Member]      
Statement Line Items [Line Items]      
Revenue from external customers 80,039 90,065 111,920
Revenue 80,039 90,065 111,920
Cost of goods sold (46,147) (56,247) (74,480)
Gross profit 33,892 33,818 37,440
Other segment expenses (28,880) [1] (35,555) [1] (45,454) [2]
Administrative expenses (856) (1,234) (1,050)
Corporate expenses (9,350) (12,772) (17,947)
Other income 4,223    
Other foreign exchange gain (loss) 1,661 (424) 1,409
EBITDA 690 (16,167) (25,602)
Brand transition, restructure and transaction expenses (22,527) (13,687) [3] (10,075)
Finance expense (8,214) (5,213) (4,041)
Interest income 5 12  
Impairment expense (4,895) (8,904) (8,173)
Depreciation and amortisation (8,700) (10,603) (2,382)
Fair value gain on foreign exchange contracts 729 (1,704)
Unrealised foreign exchange gain/(loss) 1,981 310 2,258
Fair value loss on Convertible Notes derivative (26,552) (775)
Income/(loss) before income tax expense (68,212) (53,523) (50,494)
Income tax expense (134) (782) 1,274
Profit/(loss) after income tax (68,346) (54,305) (49,220)
Operating segments [Member] | New Zealand Retail [Member]      
Statement Line Items [Line Items]      
Revenue from external customers 40,492 42,576 50,348
Revenue 40,492 42,576 50,348
Cost of goods sold (19,188) (19,582) (24,616)
Gross profit 21,304 22,994 25,732
Other segment expenses (17,359) [1] (18,784) [1] (24,540) [2]
Administrative expenses
Corporate expenses
Other income    
Other foreign exchange gain (loss)
EBITDA 3,945 4,210 1,192
Brand transition, restructure and transaction expenses [3]
Finance expense
Interest income  
Impairment expense
Depreciation and amortisation
Fair value gain on foreign exchange contracts
Unrealised foreign exchange gain/(loss)
Fair value loss on Convertible Notes derivative
Income/(loss) before income tax expense 3,945 4,210 1,192
Income tax expense
Profit/(loss) after income tax 3,945 4,210 1,192
Operating segments [Member] | New Zealand Wholesale [Member]      
Statement Line Items [Line Items]      
Revenue from external customers 7,496 15,554 29,439
Revenue 7,496 15,554 29,439
Cost of goods sold (4,636) (11,342) (24,582)
Gross profit 2,860 4,211 4,857
Other segment expenses (1,425) [1] (3,112) [1] (9,667) [2]
Administrative expenses
Corporate expenses
Other income    
Other foreign exchange gain (loss)
EBITDA 1,435 1,099 (4,810)
Brand transition, restructure and transaction expenses [3]
Finance expense
Interest income  
Impairment expense
Depreciation and amortisation
Fair value gain on foreign exchange contracts
Unrealised foreign exchange gain/(loss)
Fair value loss on Convertible Notes derivative
Income/(loss) before income tax expense 1,435 1,099 (4,810)
Income tax expense
Profit/(loss) after income tax 1,435 1,099 (4,810)
Operating segments [Member] | E-Commerce [Member]      
Statement Line Items [Line Items]      
Revenue from external customers 32,051 31,935 32,133
Revenue 32,051 31,935 32,133
Cost of goods sold (21,604) (20,916) (21,248)
Gross profit 10,447 11,020 10,885
Other segment expenses (10,096) [1] (13,659) [1] (11,247) [2]
Administrative expenses
Corporate expenses
Other income    
Other foreign exchange gain (loss)
EBITDA 351 (2,639) (362)
Brand transition, restructure and transaction expenses [3]
Finance expense
Interest income  
Impairment expense
Depreciation and amortisation
Fair value gain on foreign exchange contracts
Unrealised foreign exchange gain/(loss)
Fair value loss on Convertible Notes derivative
Income/(loss) before income tax expense 351 (2,639) (362)
Income tax expense
Profit/(loss) after income tax 351 (2,639) (362)
Operating segments [Member] | Unallocated [member]      
Statement Line Items [Line Items]      
Revenue from external customers
Revenue
Cost of goods sold (719) (4,407) (4,034)
Gross profit (719) (4,407) (4,034)
Other segment expenses [1] [1] [2]
Administrative expenses (856) (1,234) (1,050)
Corporate expenses (9,350) (12,772) (17,947)
Other income 4,223    
Other foreign exchange gain (loss) 1,661 (424) 1,409
EBITDA (5,041) (18,837) (21,622)
Brand transition, restructure and transaction expenses (22,527) (13,687) [3] (10,075)
Finance expense (8,214) (5,213) (4,041)
Interest income 5 12  
Impairment expense (4,895) (8,904) (8,173)
Depreciation and amortisation (8,700) (10,603) (2,382)
Fair value gain on foreign exchange contracts 729 (1,704)
Unrealised foreign exchange gain/(loss) 1,981 310 2,258
Fair value loss on Convertible Notes derivative (26,552) (775)
Income/(loss) before income tax expense (73,943) (56,193) (46,514)
Income tax expense (134) (782) 1,274
Profit/(loss) after income tax $ (74,077) $ (56,975) $ (45,240)
[1] Other segment expenses relate to brand management expenses.
[2] Other segment expenses relate to brand management expenses and some corporate expenses.
[3] Brand transition, restructure and transaction expenses are shown net of proceeds from the sale of Naked brand and trademarks.