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Woolworths Holdings Limited (WHL), the owners of Country Road Group (CRG), has provided a half-year trading update for the popular Australian retail group.. Country Road Group (CRG) has reported modest but positive sales growth for the first half of FY26, as the apparel and lifestyle retailer continues to embed a significant operating model restructure undertaken last year, against a still-challenging retail backdrop in Australia. Owned by South Africa's Woolworths Holdings Limited, Country Road Group operates the Country Road,
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Country Road Group employees are reportedly preparing themselves for widespread job cuts ahead of a company-wide restructure.. Country Road Group (CRG) has reported an A$164 million ($182 million) loss in the last fiscal year as sales slid amid major restructuring and unfavourable market conditions. For the year ended June 29, the group's unadjusted loss before tax was $164 million, compared to a loss of $46 million in the prior year. Adjusted loss before tax was $42.3 million compared to a profit of $35 million in.
