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Document And Entity Information - shares	12 Months Ended
Document And Entity Information - shares	Jan. 31, 2018	Jun. 19, 2018
Document Information [Line Items]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Jan. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Entity Registrant Name	NAKED BRAND GROUP Ltd
Entity Central Index Key	0001707919
Current Fiscal Year End Date	--01-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		22,958,378

Consolidated Statements of Profit or Loss and Other Comprehensive Income - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Profit (loss) [abstract]
Revenue	$ 96,284	$ 131,388	$ 151,000	$ 138,838
Cost of goods sold	(57,144)	(87,459)	(83,525)	(79,031)
Gross profit	39,140	43,929	67,475	59,807
Brand management	(32,040)	(53,653)	(48,362)	(42,203)
Administrative expenses	(2,383)	(4,131)	(4,090)	(4,691)
Corporate expenses	(8,082)	(12,851)	(13,002)	(13,940)
Finance expense	(6,238)	(8,791)	(10,409)	(5,870)
Brand transition, restructure and transaction expenses	(1,321)	(3,272)	(2,232)	(12,182)
Impairment expense	(292)	(1,914)	(2,157)	0
Other foreign currency gains/(losses)	(3,306)	757	(2,423)	4,700
Fair value gain/(loss) on Convertible Notes derivative	(592)	2,393	0	0
Loss before income tax	(15,114)	(37,533)	(15,200)	(14,379)
Income tax (expense)/benefit	(865)	(60)	(5,546)	1,274
Loss for the period	(15,979)	(37,593)	(20,746)	(13,105)
Other comprehensive income
Exchange differences on translation of foreign operations	(29)	148	31	(93)
Other comprehensive income/(loss) for the period, net of tax	(29)	148	31	(93)
Total comprehensive (loss) for the period	(16,008)	(37,445)	(20,715)	(13,198)
Total comprehensive (loss) attributable to:
Owners of Bendon Limited	$ (16,008)	$ (37,445)	$ (20,715)	$ (13,198)
Loss per share for loss from continuing operations attributable to the ordinary equity holders of the company:
Basic loss per share (NZ$)	$ (60.54)	$ (131.38)	$ (82.86)	$ (52.79)
Diluted loss per share (NZ$)	$ (60.54)	$ (131.38)	$ (82.86)	$ (52.79)

Consolidated Balance Sheets - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
CURRENT ASSETS
Cash and cash equivalents	$ 10,739	$ 2,644	$ 4,193	$ 1,246
Trade and other receivables	13,165	28,090	23,341	16,821
Inventories	31,113	37,751	37,572	45,660
Derivative financial instruments	0	0	0	2,289
Current tax receivable	0	52	88	0
Related party receivables	15,326	13,051	9,613	4,010
TOTAL CURRENT ASSETS	70,343	81,588	74,807	70,026
NON-CURRENT ASSETS
Property, plant and equipment	4,741	4,964	6,209	6,853
Deferred tax assets	0	0	0	5,589
Intangible assets	13,012	14,680	14,575	17,381
TOTAL NON-CURRENT ASSETS	17,753	19,644	20,784	29,823
TOTAL ASSETS	88,096	101,232	95,591	99,849
CURRENT LIABILITIES
Trade and other payables	32,516	28,566	26,815	36,550
Borrowings	52,121	68,998	61,593	56,273
Foreign currency derivative financial instruments	2,087	4,188	5,531	1
Derivative on Convertible Notes	1,110	4,112	0	0
Current tax liabilities	786	635	0	483
Provisions	1,106	1,528	855	786
Related party payables	1,369	0	0	0
TOTAL CURRENT LIABILITIES	91,095	108,027	94,794	94,093
NON-CURRENT LIABILITIES
Trade and other payables	0	0	118	150
Borrowings	0	0	16,000	0
Provisions	2,711	2,249	2,555	2,767
TOTAL NON-CURRENT LIABILITIES	2,711	2,249	18,673	2,917
TOTAL LIABILITIES	93,806	110,276	113,467	97,010
NET ASSETS/(LIABILITIES)	(5,710)	(9,044)	(17,876)	2,839
EQUITY
Share capital	68,727	27,948	3,108	3,108
Other reserves	(2,006)	(2,154)	(2,125)	(2,156)
Accumulated profit/(losses)	(72,431)	(34,838)	(18,859)	1,887
TOTAL EQUITY	$ (5,710)	$ (9,044)	$ (17,876)	$ 2,839

Consolidated Statements of Changes in Equity - NZD ($) $ in Thousands	Total	Ordinary Shares	Retained Earnings/(Accumulated Losses)	Foreign Currency Translation Reserve
Balance at Jun. 30, 2014	$ 16,037	$ 3,108	$ 14,992	$ (2,063)
Loss for the year	(13,105)	0	(13,105)	0
Other comprehensive income/loss for the year	(93)	0	0	(93)
Balance at Jun. 30, 2015	2,839	3,108	1,887	(2,156)
Loss for the year	(20,746)	0	(20,746)	0
Other comprehensive income/loss for the year	31	0	0	31
Balance at Jun. 30, 2016	(17,876)	3,108	(18,859)	(2,125)
Loss for the year	(15,979)	0	(15,979)	0
Other comprehensive income/loss for the year	(29)	0	0	(29)
Transactions with owners in their capacity as owners
Issuance new shares	24,840	24,840	0	0
Balance at Jan. 31, 2017	(9,044)	27,948	(34,838)	(2,154)
Loss for the year	(37,593)	0	(37,593)	0
Other comprehensive income/loss for the year	148	0	0	148
Transactions with owners in their capacity as owners
Issuance new shares	22,990	22,990	0	0
Value of conversion rights - convertible notes	17,789	17,789	0	0
Balance at Jan. 31, 2018	$ (5,710)	$ 68,727	$ (72,431)	$ (2,006)

- Definition

The amount of residual interest in the assets of the entity after deducting all its liabilities.

+ References + Details

- Definition

The total of income less expenses, excluding the components of other comprehensive income. [Refer: Other comprehensive income]

+ References

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+ Details

Consolidated Statements of Cash Flows - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Receipts from customers	$ 92,066	$ 159,042	$ 160,880	$ 158,133
Payments to suppliers and employees	(101,913)	(160,774)	(165,549)	(176,538)
Proceeds from/(payments for) settlement of financial assets at fair value through profit or loss	(3,476)	(2,530)	159	2,055
Income taxes paid	(195)	146	(530)	(849)
Net cash (outflow) from operating activities	(13,518)	(4,116)	(5,040)	(17,199)
CASH FLOWS FROM INVESTING ACTIVITIES:
Payment for intangible asset	(351)	(118)	(475)	(1,093)
Payments for property, plant and equipment	(723)	(2,194)	(2,703)	(4,701)
Net cash (outflow) from investing activities	(1,074)	(2,312)	(3,178)	(5,794)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issue of shares	0	22,721	0	0
Proceeds from borrowings - Bank	1,940	463	62,127	27,402
Proceeds from borrowings - Convertible notes issue	16,474	4,521	0	0
Repayment of borrowings - Bank	(2,832)	(9,684)	(46,986)	(4,286)
Debt issuance costs	(367)	(107)	(750)	(66)
Interest paid	(2,133)	(3,418)	(3,140)	(2,526)
Net cash inflow from financing activities	13,082	14,496	11,251	20,524
Net increase/(decrease) in cash and cash equivalents held	(1,510)	8,068	3,033	(2,469)
Cash and cash equivalents at the beginning of the year	4,193	2,644	1,246	3,624
Effects of exchange rate changes on cash and cash equivalents	(39)	27	(86)	91
Cash and cash equivalents at the end of the year	$ 2,644	$ 10,739	$ 4,193	$ 1,246

Basis of Preparation

12 Months Ended

Jan. 31, 2018

Basis of Preparation [Abstract]

Disclosure of basis of preparation of financial statements [text block]

Basis of Preparation

The Company has presented its consolidated financial statements as of 31 January 2018, 31 January 2017, 30 June 2016 and 30 June 2015 and the periods then ended in accordance with Tier 1 For- Profit Accounting Standards, NZ IFRS, which are also in compliance with IFRS as issued by the IASB and collectively refer to international accounting and financial reporting standards (IASs and IFRSs) and to interpretations of the Interpretations Committees (SIC and IFRIC) for their filing into New Zealand Companies Office.

The consolidated financial statements as of 31 January 2018, 31 January 2017, 30 June 2016 and 30 June 2015 and for the periods then ended are in compliance with IFRS as issued by the IASB.

(a)

Historical cost convention

The financial statements are based on historical costs, except for the measurement at fair value of selected financial assets and financial liabilities.

Summary of Significant Accounting Policies

12 Months Ended

Jan. 31, 2018

Summary of Significant Accounting Policies [Abstract]

Disclosure of significant accounting policies [text block]

2	Summary of Significant Accounting Policies

(a)

Going concern

The financial statements have been prepared on the basis of going concern which contemplates continuity of normal business activities and the realisation of assets and settlement of liabilities in the ordinary course of business.

For the financial year ended 31 January 2018 the Group experienced a loss after income tax from continuing operations of NZ$37.593 million and operating cash outflows of NZ$4.116 million. As at 31 January 2018, the business is in a net current liability position of NZ$20.752 million and has negative net assets of $5.710 million.

The business continued to experience losses in the 31 January 2018 financial year as a result of reduced revenue from wholesale customers, increased rebates and discounts, and the plateauing of sales in retail outlets. The business is experiencing challenging trading conditions which have been impacted by the recent confirmation that the Stella McCartney licence held by the Company expires on 30 June 2018 and the cancelled licence will restrict the Company from selling Stella McCartney product beyond the termination date of the licence. The business has accumulated trade creditors that are trading beyond their original credit terms.

In response management has taken steps to raise further capital to fund new inventory that will restock stores and supply wholesale customers. Management has also engaged in restructuring the businesses operations including reducing costs across channels, renegotiating supplier contracts, resetting customer supply commitments, updating leadership roles, and managing the opening of new stores. The impact from the capital raising and the restructure will take time to have a positive impact on the profit of the business. The Group expects the business will trend to be operating cash flow positive towards the third quarter of the 2019 financial year.

Since the end of the 31 January 2018 financial year the Group has raised further equity which is planned to support the working capital requirements of the Group which in turn is expected to reduce the cost of finance and provide working capital for the purchase of inventory and reduction of aged creditors to free up supply of new season inventory which will assist the Group deliver its forecast.

As at the date of this report and since the end of the 31 January 2018 financial year the Group had received all of the planned equity of USD$23.5 million and has reduced the Bank facilities to the new facility limit and has started to pay creditors.

Immediately prior to the date of this report the Group had executed a new Bank borrowing facility agreement to replace the facilities as at 31 January 2018. The new facility is subject to covenants and has a 12 month term. The Bank has advised that they will revisit the term of the new facility in 12 months after they have assessed the Group’s performance over the next year. However the Group feels comfortable they will be able to manage rollover of the Bank facility on its maturity.

The Bank facilities as at 31 January 2018 are presented on the Balance Sheet as a current liability due to the facilities having an expiry date of 30June 2018 and having been breached during the lending period. The amount outstanding as at that date was the amount outstanding under the previous facility and amounted to US$25.5 million.

The Group has also obtained a standby facility from an entity associated with a major shareholder, Cullen Investments Limited, to provide funding to the Group if required to deal with any creditor, debt or working capital required by the Group over the next 18 months.

The Group also confirms that it received approval from the shareholders of Naked Brand Group Inc ("Naked"), a U.S. public corporation listed on Nasdaq to complete a merger between the Group and Naked. Under the terms of the merger, the Company has registered as a foreign private issuer with the U.S. Securities and Exchange Commission and to list on Nasdaq. The shareholder vote occurred at a merger meeting on14 June 2018.

In conjunction with the restructure of the Group, management has prepared a forecast income statement, balance sheet, and cash flow statement for the next 12 months following the date of this financial report which indicates they expect to be able to pay their commitments as and when they fall due through negotiation of terms. The forecast includes a number of assumptions regarding the trading of the business and what the business plans to do to return the business to cash flow positive which are consistent with the current trading activities.

The Director and management are confident the Group will be able to deliver the restructured business and the forecast that sets out a plan to return the Group to profit and operating cash flow positive and that if there is any delay in this process the Group is confident of continuing as a going concern through having adequate financial reserves in its standby facility from Cullen Investments Limited.

The major shareholder has committed to a facility for at least the next 18 months to cover a worst case scenario of cash requirements should the Group experience a shortfall in cash from either not meeting its forecast income statement and cash flow, or needing to accelerate a payment to an outstanding creditor or debt provider.

As a result the Director has prepared the financial report on a going concern basis.

(b)

Basis for consolidation

Subsidiaries

Subsidiaries are all entities (including structured entities) over which the group has control. The group controls an entity when the group is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity. Subsidiaries are fully consolidated from the date on which control is transferred to the group. They are deconsolidated from the date that control ceases.

Intercompany transactions, balances and unrealised gains on transactions between group companies are eliminated. Unrealised losses are also eliminated unless the transaction provides evidence of an impairment of the transferred asset. Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the group.

Non-controlling interests in the results and equity of subsidiaries are shown separately in the consolidated statement of profit or loss, statement of comprehensive income, statement of changes in equity and balance sheet respectively.

When the group ceases to consolidate or equity account for an investment because of a loss of control, joint control or significant influence, any retained interest in the entity is remeasured to its fair value with the change in carrying amount recognised in profit or loss. This fair value becomes the initial carrying amount for the purposes of subsequently accounting for the retained interest as an associate, joint venture or financial asset. In addition, any amounts previously recognised in other comprehensive income in respect of that entity are accounted for as if the group had directly disposed of the related assets or liabilities. This may mean that amounts previously recognised in other comprehensive income are reclassified to profit or loss.

If the ownership interest in a joint venture or an associate is reduced but joint control or significant influence is retained, only a proportionate share of the amounts previously recognised in other comprehensive income are reclassified to profit or loss where appropriate.

(c)

Business combinations

Business combinations are accounted for by applying the acquisition method which requires an acquiring entity to be identified in all cases. The acquisition date under this method is the date that the acquiring entity obtains control over the acquired entity.

The fair value of identifiable assets and liabilities acquired are recognised in the consolidated financial statements at the acquisition date.

Goodwill or a gain on bargain purchase may arise on the acquisition date, this is calculated by comparing the consideration transferred and the amount of non-controlling interest in the acquiree with the fair value of the net identifiable assets acquired. Where consideration is greater than the net assets acquired, the excess is recorded as goodwill. Where the net assets acquired are greater than the consideration, the measurement basis of the net assets are reassessed and then a gain from bargain purchase recognised in profit or loss.

All acquisition-related costs are recognised as expenses in the periods in which the costs are incurred except for costs to issue debt or equity securities.

Any contingent consideration which forms part of the combination is recognised at fair value at the acquisition date. If the contingent consideration is classified as equity then it is not remeasured and the settlement is accounted for within equity. Otherwise subsequent changes in the value of the contingent consideration liability are measured through profit or loss.

(d)

Income Tax

The tax expense/(benefit) recognised in the consolidated statements of profit or loss and other comprehensive income comprises of current income tax expense plus deferred tax expense/(benefit).

Current tax is the amount of income taxes payable/(recoverable) in respect of the taxable profit/(loss) for the period and is measured at the amount expected to be paid to/(recovered from) the taxation authorities, using the tax rates and laws that have been enacted or substantively enacted by each jurisdiction by the end of the reporting period. Current tax liabilities/(assets) are measured at the amounts expected to be paid to/(recovered from) the relevant taxation authority.

Deferred tax is provided on temporary differences which are determined by comparing the carrying amounts of tax bases of assets and liabilities to the carrying amounts in the consolidated financial statements.

Deferred tax is not provided for the following:

The initial recognition of an asset or liability in a transaction that is not a business combination and at the time of the transaction, affects neither accounting profit nor taxable profit/(tax loss).

Taxable temporary differences arising on the initial recognition of goodwill.

Temporary differences related to investment in subsidiaries, associates and jointly controlled entities to the extent that the Group is able to control the timing of the reversal of the temporary differences and it is probable that they will not reverse in the foreseeable future.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply to the period when the asset is realised or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively enacted by each jurisdiction by the end of the reporting period.

Deferred tax assets are recognised for all deductible temporary differences and unused tax losses to the extent that it is probable that taxable profit will be available against which the deductible temporary differences and losses can be utilised.

Current and deferred tax is recognised as income or an expense and included in profit or loss for the period except where the tax arises from a transaction which is recognised in other comprehensive income or equity, in which case the tax is recognised in other comprehensive income or equity respectively.

In determining the amount of current and deferred income tax, the Company takes into account the impact of uncertain income tax positions and whether additional taxes and interest may be due. This assessment relies on estimates and assumptions and may involve a series of judgements about future events. New information may become available that causes the Company to change its judgement regarding the adequacy of existing tax liabilities; such changes to tax liabilities will impact the income tax expense in the period that such a determination is made.

(e)

Leases

Leases of fixed assets where substantially all the risks and benefits incidental to the ownership of the asset, but not the legal ownership that are transferred to entities in the Group, are classified as finance leases.

Finance leases are capitalised by recording an asset and a liability at the lower of the amounts equal to the fair value of the leased property or the present value of the minimum lease payments, including any guaranteed residual values. Lease payments are allocated between the reduction of the lease liability and the lease interest expense for the period.

Lease payments for operating leases, where substantially all of the risks and benefits remain with the lessor, are charged as expenses on a straight-line basis over the life of the lease term.

Lease incentives under operating leases are recognised as a liability and amortised on a straight-line basis over the life of the lease term.

(f)

Revenue and other income

Revenue is recognised when the amount of the revenue can be measured reliably, it is probable that economic benefits associated with the transaction will flow to the Group and specific criteria relating to the type of revenue as noted below, has been satisfied.

Revenue is measured at the fair value of the consideration received or receivable and is presented net of returns, discounts and rebates. The Group assess the expected customer returns and rebates according to the specific information in its possession and its past experience in similar cases.

Sale of goods

Sales of goods through retail stores, e-commerce and wholesale channels are recognised when there has been a transfer of risk and rewards to the customer. Risks and rewards transfer at point of sale for retail stores sales. For wholesale and e-commerce sales, risks and rewards are transferred when goods are delivered to customers, and therefore reflects an estimate of shipments that have not been received at year end based on shipping terms and historical delivery times. The company also provides a reserve for projected merchandise returns based on prior experience.

The company sells gift cards to customers. The company recognises revenue from gift cards when they are redeemed by the customers. In addition, the company recognises revenue on unredeemed gift cards after one year when the gift cards have expired.

Interest revenue

Interest is recognised using the effective interest method.

Dividend revenue

Dividends are recognised when the entity’s right to receive payment is established.

Rendering of services

Revenue from service transactions are recognised as services are performed.

Other income

Other income is recognised on an accruals basis when the Group is entitled to it.

(g)

Brand management, administrative and corporate expenses

Corporate expenses includes head office costs such as human resources, finance team and rental costs. Administrative expenses includes depreciation and amortisation, as well as professional accounting fees. Brand management expenses includes other costs incurred in selling products, including advertising, design and retail store occupancy and payroll.

(h)

Borrowing costs

Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowing pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalisation.

All other borrowing costs are recognised as an expense in the period in which they are incurred.

(i)

Inventories

Inventories are measured at the lower of cost and net realisable value. Cost of inventory is determined using the weighted average costs basis and is net of any rebates and discounts received. Net realisable value represents the estimated selling price for inventories less costs necessary to make the sale. Net realisable value is estimated using the most reliable evidence available at the reporting date and inventory is written down through an obsolescence provision if necessary.

(j)

Property, plant and equipment

Plant and equipment

Plant and equipment are measured using the cost model.

Under the cost model the asset is carried at its cost less any accumulated depreciation and any impairment losses. Costs include purchase price and other directly attributable costs associated with locating the asset to the installation site, where applicable.

Depreciation

Property, plant and equipment, is depreciated on a straight-line basis over the assets useful life to the Group, commencing when the asset is ready for use.

The estimated useful lives used for each class of depreciable asset are shown below:

Fixed asset class		Useful life
Leasehold improvements		1 - 10 years
Plant, furniture, fittings and motor vehicles		3 - 7 years

At the end of each annual reporting period, the depreciation method, useful life and residual value of each asset is reviewed. Any revisions are accounted for prospectively as a change in accounting estimate.

(k)

Financial instruments

Financial instruments are recognised initially using trade date accounting, i.e. on the date that the Group becomes party to the contractual provisions of the instrument.

On initial recognition, all financial instruments are measured at fair value plus transaction costs (except for instruments measured at fair value through profit or loss where transaction costs are expensed as incurred).

Financial Assets

Financial assets are divided into the following categories which are described in detail below:

loans and receivables; and

financial assets at fair value through profit or loss.

Financial assets are assigned to the different categories on initial recognition, depending on the characteristics of the instrument and its purpose. A financial instrument’s category is relevant to the way it is measured and whether any resulting income and expenses are recognised in profit or loss or in other comprehensive income.

All income and expenses relating to financial assets are recognised in the consolidated statements of profit or loss and other comprehensive income in the ‘finance income’ or ‘finance costs’ line item respectively.

Loans and receivables

Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. They arise principally through the provision of goods and services to customers but also incorporate other types of contractual monetary assets.

After initial recognition these are measured at amortised cost using the effective interest method, less provision for impairment. Any change in their value is recognised in profit or loss.

The Group’s trade and other receivables fall into this category of financial instruments.

Significant receivables are considered for impairment on an individual asset basis when they are past due at the reporting date or when objective evidence is received that a specific counterparty will default.

The amount of the impairment is the difference between the net carrying amount and the present value of the future expected cash flows associated with the impaired receivable.

In some circumstances, the Group renegotiates repayment terms with customers which may lead to changes in the timing of the payments, the Group does not necessarily consider the balance to be impaired, however assessment is made on a case-by-case basis.

Financial assets at fair value through profit or loss

Financial assets at fair value through profit or loss include financial assets:

acquired principally for the purpose of selling in the near future

designated by the entity to be carried at fair value through profit or loss upon initial recognition or

which are derivatives not qualifying for hedge accounting.

The Group has some derivatives which are classified as financial assets at fair value through profit or loss.

Assets included within this category are carried in the consolidated balance sheets at fair value with changes in fair value recognised in finance income or expenses in profit or loss.

Any gain or loss arising from derivative financial instruments is based on changes in fair value, which is determined by direct reference to active market transactions or using a valuation technique where no active market exists.

Financial liabilities

Financial liabilities are classified as either financial liabilities ‘at fair value through profit or loss’ or other financial liabilities depending on the purpose for which the liability was acquired. Although the Group uses derivative financial instruments in economic hedges of currency and interest rate risk, it does not hedge account for these transactions.

The Group’s financial liabilities include borrowings, trade and other payables (including finance lease liabilities), which are measured at amortised cost using the effective interest rate method.

All of the Group’s derivative financial instruments that are not designated as hedging instruments are accounted for at fair value through profit or loss.

Impairment of financial assets

At the end of the reporting period the Group assesses whether there is any objective evidence that a financial asset or group of financial assets is impaired.

Financial assets at amortised cost

If there is objective evidence that an impairment loss on financial assets carried at amortised cost has been incurred, the amount of the loss is measured as the difference between the asset’s carrying amount and the present value of the estimated future cash flows discounted at the financial assets original effective interest rate.

Impairment on loans and receivables is reduced through the use of an allowance accounts, all other impairment losses on financial assets at amortised cost are taken directly to the asset.

Subsequent recoveries of amounts previously written off are credited against other expenses in profit or loss.

(l)

Impairment of non-financial assets

At the end of each reporting period the Group determines whether there is an evidence of an impairment indicator for non-financial assets.

Where an indicator exists and regardless for goodwill, indefinite life intangible assets and intangible assets not yet available for use, the recoverable amount of the asset is estimated.

Where assets do not operate independently of other assets, the recoverable amount of the relevant cash-generating unit (CGU) is estimated.

The recoverable amount of an asset or CGU is the higher of the fair value less costs of disposal and the value in use. Value in use is the present value of the future cash flows expected to be derived from an asset or cash-generating unit.

Where the recoverable amount is less than the carrying amount, an impairment loss is recognised in profit or loss.

Reversal indicators are considered in subsequent periods for all assets which have suffered an impairment loss, except for goodwill.

(m)

Cash and cash equivalents

For the purpose of presentation in the statement of cash flows, cash and cash equivalents includes cash on hand, deposits held at call with financial institutions, other short-term, highly liquid investments with original maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities in the balance sheet.

(n)

Trade receivables

Trade receivables are recognised initially at fair value and subsequently measured at amortised cost using the effective interest method, less provision for impairment.

(o)

Trade and other payables

These amounts represent liabilities for goods and services provided to the group prior to the end of financial year which are unpaid. The amounts are unsecured and are usually paid within 30 days of recognition. Trade and other payables are presented as current liabilities unless payment is not due within 12 months after the reporting period. They are recognised initially at their fair value and subsequently measured at amortised cost using the effective interest method.

(p)

Intangibles

Goodwill

Goodwill is carried at cost less accumulated impairment losses. Goodwill is calculated as the excess of the sum of:

the consideration transferred;

ii)

any non-controlling interest; and

iii)

the acquisition date fair value of any previously held equity interest;

over the acquisition date fair value of net identifiable assets acquired in a business combination.

The value of goodwill recognised on acquisition of each subsidiary in which the Group holds less than a 100% interest will depend on the method adopted in measuring the aforementioned non-controlling interest. The Group can elect to measure the non-controlling interest in the acquiree either at fair value (‘full goodwill method’) or at the non-controlling interest’s proportionate share of the subsidiary’s identifiable net assets (‘proportionate interest method’). The Group determines which method to adopt for each acquisition.

Patents and licences

Separately acquired patents and licences are shown at historical cost. Licenses and customer contracts acquired in a business combination are recognised at fair value at the acquisition date. They have a finite useful life and are subsequently carried at cost less accumulated amortisation and impairment losses. Licence fees have an estimated useful life of 5 years.

Software

Software has a finite life and is carried at cost less any accumulated amortisation and impairment losses. It has an estimated useful life of between one and three years.

Brands

Brand assets relate to brands owned by the Group that have arisen on historical acquisitions. These assets were initially measured at fair value.

Brands are considered to have an indefinite life and are therefore not amortised. They are considered to have indefinite lives because there is no foreseeable limit to the period over which the asset is expected to generate net cash flows for the entity. The brands have been in existence for many years, are well established and show no signs of deteriorating. They are assessed for impairment annually or more frequently if impairment indicators exist.

Amortisation

Amortisation is recognised in profit or loss on a straight-line basis over the estimated useful lives of intangible assets, other than goodwill and brands, from the date that they are available for use.

Amortisation methods, useful lives and residual values are reviewed at each reporting date and adjusted if appropriate.

Goodwill and indefinite life brands are not amortised but are tested for impairment annually or more frequently if impairment indicators exist. Goodwill is allocated to the Group's cash generating units or groups of cash generating units, which represent the lowest level at which goodwill is monitored but where such level is not larger than an operating segment. Gains and losses on the disposal of an entity include the carrying amount of goodwill related to the entity sold.

(q)

Employee benefits

(i)

Short-term obligations

Liabilities for wages and salaries, including non-monetary benefits and accumulating sick leave that are expected to be settled wholly within 12 months after the end of the period in which the employees render the related service are recognised in respect of employees’ services up to the end of the reporting period and are measured at the amounts expected to be paid when the liabilities are settled. The liabilities are presented as current employee benefit obligations in the balance sheet.

(ii)

Other long-term employee benefit obligations

The liabilities for long service leave and annual leave are not expected to be settled wholly within 12 months after the end of the period in which the employees render the related service. They are therefore measured as the present value of expected future payments to be made in respect of services provided by employees up to the end of the reporting period using the projected unit credit method. Consideration is given to expected future wage and salary levels, experience of employee departures and periods of service. Expected future payments are discounted using market yields at the end of the reporting period of high-quality corporate bonds with terms and currencies that match, as closely as possible, the estimated future cash outflows. Remeasurements as a result of experience adjustments and changes in actuarial assumptions are recognised in profit or loss.

The obligations are presented as current liabilities in the balance sheet if the entity does not have an unconditional right to defer settlement for at least twelve months after the reporting period, regardless of when the actual settlement is expected to occur.

(r)

Provisions

Provisions are recognised when the Group has a legal or constructive obligation, as a result of past events, for which it is probable that an outflow of economic benefits will result and that outflow can be reliably measured.

Provisions are measured at the present value of management's best estimate of the outflow required to settle the obligation at the end of the reporting period. The discount rate used is a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the liability. The increase in the provision due to the unwinding of the discount is taken to finance costs in the consolidated statements of profit or loss and other comprehensive income.

Provisions recognised represent the best estimate of the amounts required to settle the obligation at the end of the reporting period.

(i)

Lease incentive provision

Lease contributions include payment for improvements initially funded by the landlord. The improvement asset is capitalised and a provision for the amount of landlord contribution is recognised. The provision is released on a monthly basis over the term of the lease of the property.

(ii)

Onerous contract provision

The Group provides for future losses on long-term contracts where it is considered probable that the contract costs are likely to exceed revenues in future years. A provision is required for the present value of future losses. Estimating these future losses involves a number of assumptions about the achievement of contract performance targets and the likely levels of future cost escalation over time.

(iii)

Make good provision

The Group is required to restore the lease premises of various retail stores to their original condition at the end of the respective lease terms. Provisions for make good obligations are recognised when the group has a present legal or constructive obligation as a result of past events, it is probable that an outflow of resources will be required to settle the obligation and the amount can be reliably estimated. A provision is recognised for the present value of the estimated expenditure required to remove any leasehold improvements. These costs have been capitalised as part of the cost of leasehold improvements and are amortised over the lease term.

(s)

Earnings/(loss) per share

(i) Basic earnings/(loss) per share

Basic earnings/(loss) per share is calculated by dividing:

the profit/(loss) attributable to owners of the Company, excluding any costs of servicing equity other than ordinary shares

by the weighted average number of ordinary shares outstanding during the financial year.

(ii) Diluted earnings/(loss) per share

Diluted earnings/(loss) per share adjusts the figures used in the determination of basic earnings per share to take into account:

the after income tax effect of interest and other financing costs associated with dilutive potential ordinary shares, and

the weighted average number of additional ordinary shares that would have been outstanding assuming the conversion of all dilutive potential ordinary shares.

For periods in which the Company has reported net losses, diluted net loss per share attributable to common shareholders is the same as basic net loss per share attributable to common stockholders, since their impact would be anti-dilutive to the calculation of net loss per share.

(t)

Borrowings

Borrowings are initially recognised at fair value, net of transaction costs incurred. Borrowings are subsequently measured at amortised cost. Any difference between the proceeds (net of transaction costs) and the redemption amount is recognised in profit or loss over the period of the borrowings using the effective interest method. Fees paid on the establishment of loan facilities are recognised as transaction costs of the loan to the extent that it is probable that some or all of the facility will be drawn down. In this case, the fee is deferred until the draw down occurs. To the extent there is no evidence that it is probable that some or all of the facility will be drawn down, the fee is capitalised as a prepayment for liquidity services and amortised over the period of the facility to which it relates.

Borrowings are removed from the balance sheet when the obligation specified in the contract is discharged, cancelled or expired. The difference between the carrying amount of a financial liability that has been extinguished or transferred to another party and the consideration paid, including any non cash assets transferred or liabilities assumed, is recognised in profit or loss as other income or finance costs.

Where the terms of a financial liability are renegotiated and the entity issues equity instruments to a creditor to extinguish all or part of the liability (debt for equity swap), a gain or loss is recognised in profit or loss, which is measured as the difference between the carrying amount of the financial liability and the fair value of the equity instruments issued.

Borrowings are classified as current liabilities unless the Group has an unconditional right to defer settlement of the liability for at least 12 months after the reporting period.

(u)

Convertible Notes

On issuance of the convertible notes, an assessment is made to determine whether the convertible notes contain an equity instrument or whether the whole instrument should be classified as a financial liability.

When it is determined that the whole instrument is a financial liability and no equity instrument is identified (for example for foreign-currency-denominated convertibles notes), the conversion option is separated from the host debt and classified as a derivative liability. The carrying value of the host contract (a contract denominated in a foreign currency) at initial recognition is determined as the difference between the consideration received and the fair value of the embedded derivative. The host contract is subsequently measured at amortised cost using the effective interest rate method. The embedded derivative is subsequently measured at fair value at the end of each reporting period through the profit and loss. The convertible note and the derivative are presented as a single number on the balance sheet within interest-bearing loans and borrowings.

When it is determined that the instrument contains an equity component based on the terms of the contract, on issuance of the convertible notes, the fair value of the liability component is determined using a market rate for an equivalent non-convertible bond. This amount is classified as a financial liability measured at amortised cost (net of transaction costs) until it is extinguished on conversion or redemption. The remainder of the proceeds is allocated to the conversion option that is recognised and included in equity. Transaction costs are deducted from equity, net of associated income tax. The carrying amount of the conversion option is not re-measured in subsequent years.

(v)

Share capital

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of ordinary shares are recognised as a deduction from equity, net of any tax effects.

(w)

Foreign currency transactions and balances

Each of the entities within the Group prepare their financial statements based on the currency of the primary economic environment in which the entity operates (functional currency). The consolidated financial statements are presented in New Zealand dollars which is the parent entity’s functional and presentation currency.

Transaction and balances

Foreign currency transactions are recorded at the spot rate on the date of the transaction.

At the end of the reporting period:

Foreign currency monetary items are translated using the closing foreign currency rate;

Non-monetary items that are measured at historical cost are translated using the exchange rate at the date of the transaction; and

Non-monetary items that are measured at fair value are translated using the rate at the date when fair value was determined.

Exchange differences arising on the settlement of monetary items or on translating monetary items at rates different from those at which they were translated on initial recognition or in prior reporting periods are recognised through profit or loss, except where they relate to an item of other comprehensive income or whether they are deferred in equity as qualifying hedges.

Group companies

The financial results and position of foreign operations whose functional currency is different from the Group's presentation currency are translated as follows:

	·	assets and liabilities are translated at period-end exchange rates prevailing at that reporting date;
	·	income and expenses are translated at average exchange rates for the period where the average rate approximates the rate at the date of the transaction; and
	·	retained earnings are translated at the exchange rates prevailing at the date of the transaction.

Exchange differences arising on translation of foreign operations are transferred directly to the Group's foreign currency translation reserve in the consolidated balance sheets. These differences are recognised in the consolidated statements of profit or loss and other comprehensive income in the period in which the operation is disposed.

(x)

Adoption of new and revised accounting standards

During the current period, there have been no new or revised accounting standards that have become mandatory, which have had a material impact (in the current year or retrospectively) upon the measurement of assets, liabilities, equity, income or expenses, nor upon the disclosures required in this financial report.

(y)

New Accounting Standards and Interpretations

Certain new accounting standards and interpretations have been published that are not mandatory for 31 January 2018 reporting periods and have not been early adopted by the Group. The Group’s assessment of the impact of these new standards and interpretations is set out below.

			Mandatory
			application
Title of			date/Date of
Standard	Nature of change	Impact	adoption by Group
IFRS 9 Financial Instruments	IFRS 9 addresses the classification, measurement and derecognition of financial assets and financial liabilities and introduces new rules for hedge accounting. In December 2014, the IASB made further changes to the classification and measurement rules and also introduced a new impairment model. These latest amendments now complete the new financial instruments standard.	Following the changes approved by the IASB in December 2014, the Group no longer expects any impact from the new classification, measurement and derecognition rules on the Group's financial assets and financial liabilities. There will also be no impact on the Group's accounting for financial liabilities, as the new requirements only affect the accounting for financial liabilities that are designated at fair value through profit or loss and the Group does not have any such liabilities. The new impairment model is an expected credit loss (ECL) model which may result in the earlier recognition of credit losses. The Group does not expect any material impact on transition to the new model.	Must be applied for financial years commencing on or after 1 January 2018. The Group will adopt IFRS 9 for the financial year beginning 1 February 2018.

IFRS 15 Revenue from Contracts with Customers	The IASB has issued a new standard for the recognition of revenue. This will replace IAS 18 which covers contracts for goods and services and IAS 11 which covers construction contracts. The new standard is based on the principle that revenue is recognised when control of a good or service transfers to a customer so the notion of control replaces the existing notion of risks and rewards. The standard permits a modified retrospective approach for the adoption. Under this approach entities will recognise transitional adjustments in retained earnings on the date of initial application (e.g. 1 February 2018), i.e. without restating the comparative period. The new rules are applied to contracts that are not completed as of the date of initial application.	Management is currently assessing the impact of the new Standard Management have yet to quantify the potential impact of any adjustments.	Mandatory for financial years commencing on or after 1 January 2018. Expected date of adoption by the Group: 1 February 2018.

IFRS 16 Leases	The IASB has issued a new standard for leases. This will replace IAS 17. The main impact on lessees is that almost all leases go on balance sheet. This is because the balance sheet distinction between operating and finance leases is removed for lessees. Instead, under the new standard an asset (the right to use the leased item) and a financial liability to pay rentals are recognised. The only exemptions are short-term and low-value leases.	Management is currently assessing the impact of the new rules and believes the adoption of the provisions of this update will have a material impact on the Company's consolidated financial statements. The new standard will require that we record a liability and a related asset on the balance sheet for our leased facilities. Management have yet to quantify the potential impact of any adjustments.	Management is currently assessing the impact of the new rules and believes the adoption of the provisions of this update will have a material impact on the Company's consolidated financial statements. Mandatory for financial years commencing on or after 1 January 2019. Expected date of adoption by the Group: 1 February 2019.

IFRC 23 Uncertainty over Income Tax Treatments (IFRIC 23)	On June 7, 2017, the IASB issued IFRIC 23, Uncertainty over Income Tax Treatments ("IFRIC 23"). IFRIC 23 clarifies the application of recognition and measurement requirements in IAS 12, Income Taxes, when there is uncertainty over income tax treatments. The IFRIC 23 interpretation specifically addresses whether an entity considers uncertain tax treatments separately; the assumptions an entity makes about the examination of tax treatments by taxation authorities; how an entity determines taxable profit (tax loss), tax bases, unused tax losses, unused tax credits and tax rates; and how an entity considers changes in facts and circumstances.	The Company is currently evaluating the impact of adopting this standard on the consolidated financial statements.	IFRIC 23 is effective for annual periods beginning on or after January 1, 2019, with earlier application permitted.

There are no other standards that are not yet effective and that would be expected to have a material impact on the entity in the current or future reporting periods and on foreseeable future transactions.

(z)

Operating segments

Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision maker. The executive directors are the chief operating decision maker, responsible for allocating resources and assessing performance of the operating segments.

Critical Accounting Estimates and Judgments

12 Months Ended

Jan. 31, 2018

Critical Accounting Estimates and Judgments [Abstract]

Disclosure of accounting judgements and estimates [text block]

3	Critical Accounting Estimates and Judgments

The directors make estimates and judgements during the preparation of these financial statements regarding assumptions about current and future events affecting transactions and balances.

These estimates and judgements are based on the best information available at the time of preparing the financial statements, however as additional information is known then the actual results may differ from the estimates.

The significant estimates and judgements made have been described below.

Key estimates - inventory

Each item on inventory is reviewed on an annual basis to determine whether it is being carried at higher than its net realisable value. During the period, management have written down inventory based on best estimate of the net realisable value, although until the time that inventory is sold this is an estimate.

Key estimates - fair value of financial instruments

The Group has certain financial assets and liabilities which are measured at fair value. Where fair value has not been able to be determined based on quoted price, a valuation model has been used. The inputs to these models are observable, where possible, however these techniques involve significant estimates and therefore fair value of the instruments could be affected by changes in these assumptions and inputs.

Key estimates - impairment of brands

In accordance with IAS 36 Impairment of Assets, the Group is required to estimate the recoverable amount of indefinite-lived brand assets at each reporting period.

Impairment testing is an area involving management judgement, requiring assessment as to whether the carrying value of assets can be supported by their value in use or fair value less cost to sell.

In calculating the fair value less costs to sell, certain assumptions are required to be made in respect of highly uncertain matters including management's expectations of:

- growth in brand revenues

- market royalty rate

- the selection of discount rates to reflect the risks involved, and

- long-term growth rates

Changing the assumptions selected by management, in particular the growth rate, discount rate and market royalty rate assumption used, could significantly affect the Group's impairment evaluation and hence results.

The Group's review includes the key assumptions related to sensitivity in the model. Further details are provided in note 12 to the consolidated financial statements.

Key estimates - impairment of goodwill

In accordance with IAS 36 Impairment of Assets, the Group is required to estimate the recoverable amount of goodwill at each reporting period.

Impairment testing is an area involving management judgement, requiring assessment as to whether the carrying value of assets can be supported by the net present value of future cash flows derived from such assets using cash flow projections which have been discounted at an appropriate rate and using a terminal value to incorporate expectations of growth thereafter.

In calculating the net present value of the future cash flows, certain assumptions are required to be made in respect of highly uncertain matters including management’s expectations of:

- growth in EBITDA future cash flows;

- timing and quantum of future capital expenditure;

- long-term growth rates; and

- the selection of discount rates to reflect the risks involved.

Changing the assumptions selected by management, in particular the discount rate and growth rate assumptions used in the cash flow projections, could significantly affect the Group’s impairment evaluation and hence results. The Group impaired the goodwill balance to $nil in FY17. Refer note 12(b).

Key judgments - taxes

Deferred tax assets

Determining income tax provisions and the recognition of deferred tax assets including carried forward income tax involves judgment on the tax treatment of certain transactions. Deferred tax is recognised on tax losses not yet used and on temporary differences where it is probable that there will be taxable revenue against which these can be offset. Management has made judgments as to the probability of future taxable income being generated against which tax losses will be available for offset based on budgets, current and future expected economic conditions.

Revenue and Other Income

12 Months Ended

Jan. 31, 2018

Revenue and Other Income [Abstract]

Disclosure of revenue and other income [Text Block]

4	Revenue and Other Income

Revenue from continuing operations

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Gross revenue		145,452		104,007		163,481		149,403
Rebates		(14,064)		(7,723)		(12,481)		(10,565)
		131,388		96,284		151,000		138,838

Sale of goods
- Retail		53,150		34,460		58,837		56,494
- Wholesale		45,901		43,379		77,729		76,570
- Online		32,234		18,157		6,724		5,750
		131,285		95,996		143,290		138,814

Services		-		-		7,702		-
Other income		103		288		8		24
		131,388		96,284		151,000		138,838

Other income relates to non-recurring advisory, management and design services provided to other third party intimates apparel brand owners.

Loss for the Period

12 Months Ended

Jan. 31, 2018

profit loss from operating activitiesprofit loss from operating activities [Abstract]

Disclosure of profit (loss) from operating activities [text block]

Loss for the Period

The loss for the period was derived after charging / (crediting) the following items that are unusual and of significance because of their size, nature and incidence:

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Finance Costs
- Interest expense on external borrowings		5,431		2,923		3,140		2,476
- Interest expense on shareholder loans		2,807		3,040		7,042		3,192
- Interest expense on finance lease		-		-		-		50
- Amortisation on loan set up costs		553		275		227		152
		8,791		6,238		10,409		5,870

Other (gains)/losses
- Fair value (gain)/loss on foreign exchange contracts		(502)		2,135		7,660		(6,330)
- Net foreign exchange(gains)/losses		(255)		1,171		(5,237)		1,630
		(757)		3,306		2,423		(4,700)

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Brand transition, restructure and transaction expenses
- Brand transition expenses		-		-		884		10,160
- Onerous contracts		(265)		1,166		789		329
- Restructure expenses		215		103		559		111
- Transaction expenses		3,322		52		-		1,582
		3,272		1,321		2,232		12,182

The onerous contracts expense reversal relates to a reversal of the provision raised in the prior year.

Transaction expenses relate to costs incurred in respect of the US listing process.

The loss for the period includes the following specific expenses:

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Employee benefits expense:
- Salaries and wages		33,613		19,917		33,666		31,266
- Defined contribution expenses		545		1,022		1,588		1,466
		34,158		20,939		35,254		32,732

Depreciation		2,724		1,664		2,966		3,359
Amortisation		306		178		323		891
Impairment loss		1,914		292		2,157		-
		4,944		2,134		5,446		4,250

Rental expense on operating leases:
- Lease payments		10,807		6,485		11,034		10,488
- Sublease payments received		(483)		(354)		(567)		(475)
		10,324		6,131		10,467		10,013

The management decided to fully impair the costs on the ERP upgrade, and this software will need to be replaced and updated with more advanced system, refer note 12.

Income Tax Expense/(benefit)

12 Months Ended

Jan. 31, 2018

Income taxes [Abstract]

Disclosure of income tax [text block]

6	Income Tax Expense/(benefit)

	(a) The major components of tax expense/(benefit) comprise:

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Current tax
Current tax on profits for the period		537		807		301		313
Adjustments for current tax of prior periods		(477)		58		(344)		412
Total current tax expense/(benefit)		60		865		(43)		725

Deferred tax expense/(benefit)
Decrease/(increase) in deferred tax assets (note 25)		-		-		5,589		(1,999)
Income tax expense/(benefit) for continuing operations		60		865		5,546		(1,274)

(b) Reconciliation of income tax to accounting profit:

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Loss before income tax		(37,533)		(15,114)		(15,200)		(14,379)
Tax at New Zealand tax rate of 28% (2017: 28%, 2016: 28%, 2015: 28%)		(10,509)		(4,232)		(4,256)		(4,026)

Tax effect of:
- permanent differences (including impairment expense)		(105)		(6)		757		23
- adjustments in respect of current income tax of previous years		(449)		41		(237)		378
- effects of different tax rates of subsidiaries operating in other jurisdictions		(30)		(15)		(42)		(382)
- deferred tax assets relating to prior periods no longer recognised (note 25)		-		-		5,589		-
- deferred tax assets relating to the current year not brought to account		11,150		5,119		3,934		2,630
- other		3		(42)		(199)		103
Income tax expense/(benefit)		60		865		5,546		(1,274)

For the 7

For the Year

Months

For the Year

Ended 31

Ended 30

January 2018

January 2017

June 2016

June 2015

NZ$000's

Unused tax losses for which no deferred tax asset has been recognised

87,455

43,269

23,765

10,236

Potential tax benefit at 28%

24,487

12,115

6,654

2,866

The Group has assessed future forecast profits and concluded that not enough criteria have been satisfied to recognise any deferred tax assets at the period ended 31 January 2018. Unused tax losses do not have an expiry date.

(d) Temporary differences not recognised

For the 7

For the Year

Months

For the Year

Ended 31

Ended 30

January 2018

January 2017

June 2016

June 2015

NZ$000's

Temporary differences for which no deferred tax asset has been recognised

14,661

18,703

19,924

Potential tax benefit at 28%

4,105

5,237

5,579

Operating Segments

12 Months Ended

Jan. 31, 2018

Operating Segments [Abstract]

Disclosure of operating segments [text block]

7	Operating Segments

Segment information

Identification of reportable operating segments

The consolidated entities' Director examined the group's performance from both sales channel and geographical perspective and identified seven reportable segments being Australia Retail, New Zealand Retail, Australia wholesale, New Zealand wholesale, US Wholesale, EU Wholesale and e-commerce.

Australia retail

This segment covers retail and outlet stores located in Australia.

New Zealand retail

This segment covers retail and outlet stores located in New Zealand.

Australia wholesale

This segment covers the wholesale of intimates apparel to customers based in Australia.

New Zealand wholesale

This segment covers the wholesale of intimates apparel to customers based in New Zealand.

US wholesale

This segment covers the wholesale of intimates apparel to customers based in the United States of America.

Europe wholesale

This segment covers the wholesale of intimates apparel to customers based in Europe.

E-commerce

This segment covers the group's online retail activities. E-commerce revenue for the periods ended 31 January 2018 and 31 January 2017 include revenue from a US brand called Fredericks of Hollywood for which Bendon Limited currently has a licence agreement.

These operating segments are based on the internal reports that are reviewed and used by the Chief Executive Officer (who is identified as the Chief Operating Decision Makers ('CODM')) in assessing performance and in determining the allocation of resources.

The CODM reviews underlying EBITDA (earnings before interest, tax, depreciation and amortisation). The accounting policies adopted for internal reporting to the CODM are consistent with those adopted in the financial statements.

EBITDA is a financial measure which is not prescribed by IFRS and represents the profit adjusted for specific non-cash and significant items. The directors consider EBITDA to reflect the core earnings of the consolidated entity.

The information reported to the CODM is on a monthly basis.

Other Costs and Business Activities

Certain costs are not allocated to our reporting segment results, such as costs associated with the following:

- Corporate overheads, which is responsible for centralized functions such as information technology, facilities, legal, finance, human resources, business development, and procurement. These costs also include compensation costs and other miscellaneous operating expenses not charged to our operating segments, as well as interest and tax income and expense.

These costs are included with in "unallocated" segment in our segment performance.

Other assets and liabilities

We manage our assets and liabilities on a Group basis, not by segment. CODM does not regularly review any asset or liability information by segment and its preparation is impracticable. Accordingly, we do not report asset and liability information by segment.

(a)

Reconciliations

Reconciliation of segment revenue to consolidated statements of profit or loss and other comprehensive income:

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Total segment revenue		156,311		113,031		176,145		166,553
Intersegment eliminations		(24,923)		(16,747)		(32,855)		(27,739)
Other revenue		-		-		7,710		24
Total revenue		131,388		96,284		151,000		138,838

Reconciliation of segment EBITDA to the consolidated statements of profit or loss and other comprehensive income:

The Board meets on a monthly basis to assess the performance of each segment, net operating profit does not include non-operating revenue and expenses such as dividends, fair value gains and losses.

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Segment EBITDA		(24,053)		(2,126)		10,470		3,420
Income tax (expense)/benefit		(60)		(865)		(5,546)		1,274
Other revenue		-		-		7,710		24
Any other reconciling items		(13,480)		(12,988)		(33,380)		(17,823)
Total net loss after tax		(37,593)		(15,979)		(20,746)		(13,105)

Any other reconciling items includes brand transition, finance expenses, impairment expense, depreciation and amortisation, fair value gain/loss on foreign exchange contracts, and unrealised foreign exchange gain/loss that cannot be allocated to segments.

(b)

Geographical information

In presenting information on the basis of geographical segments, segment revenue is based on the geographical location of customers whereas segment assets are based on the location of the assets.

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
New Zealand		46,665		30,676		62,109		54,834
Australia		38,208		32,913		53,193		51,997
United States		32,323		23,146		19,167		14,435
Europe		14,192		9,549		16,531		17,572
		131,388		96,284		151,000		138,838

(c)

Segment performance

					NZ		AU		US		EU
	NZ Retail		AU Retail		Wholesale		Wholesale		Wholesale		Wholesale		e-commerce		Unallocated		Total
For the year ended 31 January 2018	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
Revenue from external customers		34,269		18,236		10,453		15,512		6,390		14,192		32,234		-		131,286
Service income		-		-		-		-		-		-		-		102		102
		34,269		18,236		10,453		15,512		6,390		14,192		32,234		102		131,388
Cost of sales		(16,488)		(9,457)		(8,213)		(12,545)		(6,438)		(10,221)		(20,974)		(3,123)		(87,459)
Gross margin		17,781		8,779		2,240		2,967		(48)		3,971		11,260		(3,021)		43,929
Other segment expenses*		(13,451)		(11,329)		(1,068)		(3,781)		(3,301)		(2,904)		(11,520)		-		(47,354)
Unallocated expenses
Administrative expenses		-		-		-		-		-		-		-		(1,101)		(1,101)
Corporate expenses		-		-		-		-		-		-		-		(19,150)		(19,150)
Other foreign exchange gain/loss		-		-		-		-		-		-		-		(377)		(377)
EBITDA		4,330		(2,550)		1,172		(814)		(3,349)		1,067		(260)		(23,649)		(24,053)
Brand transition, restructure and transaction expenses		-		-		-		-		-		-		-		(3,272)		(3,272)
Finance expense		-		-		-		-		-		-		-		(8,791)		(8,791)
Impairment expense		-		-		-		-		-		-		-		(1,914)		(1,914)
Depreciation and amortisation		-		-		-		-		-		-		-		(3,030)		(3,030)
Fair value gain/(loss) on foreign exchange contracts		-		-		-		-		-		-		-		(502)		(502)
Unrealised foreign exchange gain/(loss)		-		-		-		-		-		-		-		1,636		1,636
Fair value gain/(loss) on Convertible Notes derivative		-		-		-		-		-		-		-		2,393		2,393
Loss before income tax expense		4,330		(2,550)		1,172		(814)		(3,349)		1,067		(260)		(37,129)		(37,533)
Income tax expense		-		-		-		-		-		-		-		(60)		(60)
Loss after income tax expense		4,330		(2,550)		1,172		(814)		(3,349)		1,067		(260)		(37,189)		(37,593)

					NZ		AU		US		EU
	NZ Retail		AU Retail		Wholesale		Wholesale		Wholesale		Wholesale		e-commerce		Unallocated		Total
For the 7 months ended 31 January 2017	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
Revenue from external customers		21,953		12,053		7,484		18,091		9,015		9,548		18,140		-		96,284
		21,953		12,053		7,484		18,091		9,015		9,548		18,140		-		96,284
Cost of sales		(9,707)		(5,592)		(4,961)		(11,431)		(6,934)		(6,277)		(11,902)		(340)		(57,144)
Gross margin		12,246		6,461		2,523		6,660		2,081		3,271		6,238		(340)		39,140
Other segment expenses*		(7,480)		(6,196)		(475)		(2,089)		(2,065)		(2,013)		(3,654)		(8,068)		(32,040)
Unallocated expenses
Administrative expenses		-		-		-		-		-		-		-		(541)		(541)
Corporate expenses		-		-		-		-		-		-		-		(8,082)		(8,082)
Other foreign exchange gain/loss		-		-		-		-		-		-		-		(603)		(603)
EBITDA		4,766		265		2,048		4,571		16		1,258		2,584		(17,634)		(2,126)
Brand transition, restructure and transaction expenses		-		-		-		-		-		-		-		(1,321)		(1,321)
Finance expense		-		-		-		-		-		-		-		(6,238)		(6,238)
Impairment expense		-		(281)		-		-		-		-		-		(11)		(292)
Depreciation and amortisation expense		-		-		-		-		-		-		-		(1,842)		(1,842)
Fair value gain/(loss) on foreign exchange contracts		-		-		-		-		-		-		-		(2,135)		(2,135)
Unrealised foreign exchange (gain)/loss		-		-		-		-		-		-		-		(568)		(568)
Fair value (gain)/loss on Convertible Note derivative		-		-		-		-		-		-		-		(592)		(592)
Loss before income tax expense		4,766		(16)		2,048		4,571		16		1,258		2,584		(30,341)		(15,114)
Income tax expense		-		-		-		-		-		-		-		(865)		(865)
Loss after income tax expense		4,766		(16)		2,048		4,571		16		1,258		2,584		(31,206)		(15,979)

* Other segment expenses relate to brand management expenses and some corporate expenses.

					NZ		AU		US		EU
	NZ Retail		AU Retail		Wholesale		Wholesale		Wholesale		Wholesale		e-commerce		Unallocated		Total
For the year ended 30 June 2016	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
Revenue from external customers		37,389		20,680		15,071		28,021		18,876		16,531		6,722		-		143,290
Service income		-		-		-		-		-		-		-		7,702		7,702
Other income		-		-		-		-		-		-		-		8		8
		37,389		20,680		15,071		28,021		18,876		16,531		6,722		7,710		151,000
Cost of sales		(16,053)		(8,930)		(10,721)		(18,056)		(14,540)		(11,658)		(3,582)		15		(83,525)
Gross margin		21,336		11,750		4,350		9,965		4,336		4,873		3,140		7,725		67,475
Other segment expenses*		(12,263)		(9,835)		(709)		(3,520)		(2,817)		(3,204)		(2,039)		(13,975)		(48,362)
Unallocated expenses
Administrative expenses		-		-		-		-		-		-		-		(801)		(801)
Corporate expenses		-		-		-		-		-		-		-		(13,002)		(13,002)
Other foreign exchange gain/loss		-		-		-		-		-		-		-		5,160		5,160
EBITDA		9,073		1,915		3,641		6,445		1,519		1,669		1,101		(14,893)		10,470
Brand transition, restructure and transaction expenses		-		-		-		-		-		-		-		(2,232)		(2,232)
Finance expense		-		-		-		-		-		-		-		(10,409)		(10,409)
Impairment expense		-		-		-		-		-		-		-		-		-
Depreciation and amortisation expense		-		-		-		(2,157)		-		-		-		(3,289)		(5,446)
Fair value gain/(loss) on foreign exchange contracts		-		-		-		-		-		-		-		(7,660)		(7,660)
Unrealised foreign exchange (gain)/loss		-		-		-		-		-		-		-		77		77
Loss before income tax expense		9,073		1,915		3,641		4,288		1,519		1,669		1,101		(38,406)		(15,200)
Income tax expense		-		-		-		-		-		-		-		(5,546)		(5,546)
Loss after income tax expense		9,073		1,915		3,641		4,288		1,519		1,669		1,101		(43,952)		(20,746)

* Other segment expenses relate to brand management expenses and some corporate expenses.

					NZ		AU		US		EU
	NZ Retail		AU Retail		Wholesale		Wholesale		Wholesale		Wholesale		e-commerce		Unallocated		Total
For the year ended 30 June 2015	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
Revenue from external customers		37,089		18,491		16,333		29,817		13,853		17,548		5,683		-		138,814
		-		-		-		-		-		-		-		24		24
		37,089		18,491		16,333		29,817		13,853		17,548		5,683		24		138,838
Cost of sales		(16,270)		(8,066)		(10,978)		(18,461)		(10,929)		(11,258)		(3,072)		3		(79,031)
Gross margin		20,819		10,425		5,355		11,356		2,924		6,290		2,611		27		59,807
Other segment expenses*		(11,885)		(7,624)		(1,787)		(2,449)		(2,536)		(3,266)		(1,991)		(10,665)		(42,203)
Unallocated expenses
Administrative expenses		-		-		-		-		-		-		-		(441)		(441)
Corporate expenses		-		-		-		-		-		-		-		(13,940)		(13,940)
Other foreign exchange gain/loss		-		-		-		-		-		-		-		197		197
EBITDA		8,934		2,801		3,568		8,907		388		3,024		620		(24,822)		3,420
Brand transition, restructure and transaction expenses		-		-		-		-		-		-		-		(12,182)		(12,182)
Finance expense		-		-		-		-		-		-		-		(5,870)		(5,870)
Depreciation and amortisation expense		-		-		-		-		-		-		-		(4,250)		(4,250)
Fair value gain/(loss) on foreign exchange contracts		-		-		-		-		-		-		-		6,330		6,330
Unrealised foreign exchange (gain)/loss		-		-		-		-		-		-		-		(1,827)		(1,827)
Loss before income tax expense		8,934		2,801		3,568		8,907		388		3,024		620		(42,621)		(14,379)
Income tax expense		-		-		-		-		-		-		-		1,274		1,274
Loss after income tax expense		8,934		2,801		3,568		8,907		388		3,024		620		(41,347)		(13,105)

* Other segment expenses relate to brand management expenses and some corporate expenses.

Cash and Cash Equivalents

12 Months Ended

Jan. 31, 2018

Cash and Cash Equivalents [Abstract]

Disclosure of cash and cash equivalents [text block]

8	Cash and Cash Equivalents

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Cash on hand		54		48		47		52
Cash at bank		10,685		2,596		4,146		1,194
		10,739		2,644		4,193		1,246

Trade and Other Receivables

12 Months Ended

Jan. 31, 2018

Trade and other receivables [abstract]

Disclosure of trade and other receivables [text block]

9	Trade and Other Receivables

		31 January		31 January		30 June		30 June
		2018		2017		2016		2015
		NZ$000's		NZ$000's		NZ$000's		NZ$000's
Trade receivables			9,982		26,499		20,603		16,020
Provision for impairment	(a)		(326)		(537)		(268)		(340)
			9,656		25,962		20,335		15,680
Prepayments			1,792		1,779		2,659		935
Other receivables			1,717		349		347		206
			13,165		28,090		23,341		16,821

Due to the short-term nature of the current receivables, their carrying amount is considered to be the same as their fair value.

(a)

Impairment of receivables

Reconciliation of changes in the provision for impairment of receivables is as follows:

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
		NZ$000's	NZ$000's		NZ$000's		NZ$000's
Balance at beginning of the period		(537)		(268)		(340)		(368)
Provision charged		(92)		(364)		(16)		-
Reversal of impairment		316		80		88		28
Foreign exchange movement		(13)		15		-		-
Balance at end of the period		(326)		(537)		(268)		(340)

(b)

Aged analysis

The ageing analysis of receivables is as follows:

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
0-30 days		7,945		14,883		12,769		14,209
31-60 days		335		2,566		1,934		466
61-90 days (past due not impaired)		489		2,166		1,081		472
61-90 days (considered impaired)		-		-		-		-
91+ days (past due not impaired)		1,213		6,884		4,551		533
91+ days (considered impaired)		-		-		268		340
		9,982		26,499		20,603		16,020

(c)

Transferred receivables

The carrying amounts of the trade receivables include receivables which are subject to a bank funding arrangement. Under this arrangement, Bendon has transferred the relevant receivables to BNZ in exchange for cash and is prevented from selling or pledging the receivables. However Bendon has retained credit risk. The group therefore continues to recognise the transferred assets in their entirety in the balance sheet. The amount repayable under the factoring agreement is presented as secured borrowings.

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Transferred receivables		9,790		11,649		14,599		-

Inventories

12 Months Ended

Jan. 31, 2018

Disclosure of inventories [Abstract]

Disclosure of inventories [text block]

10	Inventories

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Finished goods		31,451		37,904		37,998		46,424
Provision for impairment		(338)		(153)		(426)		(764)
		31,113		37,751		37,572		45,660

Write downs of inventories to net realisable value during the period were NZ$ 298,098 (2017: NZ$ NIL, 2016: NZ$ NIL, 2015: NZ$ NIL).

Property, plant and equipment

12 Months Ended

Jan. 31, 2018

Disclosure of detailed information about property, plant and equipment [abstract]

Disclosure of property, plant and equipment [text block]

11	Property, plant and equipment

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Plant, furniture, fittings and motor vehicles
At cost		27,801		25,455		26,269		24,687
Accumulated depreciation		(25,788)		(23,182)		(22,855)		(21,176)
		2,013		2,273		3,414		3,511

Leasehold Improvements
At cost		10,762		10,132		10,640		11,111
Accumulated depreciation		(8,034)		(7,441)		(7,845)		(7,769)
		2,728		2,691		2,795		3,342
Total property, plant and equipment		4,741		4,964		6,209		6,853

(a)

Movements in carrying amounts of property, plant and equipment

Movement in the carrying amounts for each class of property, plant and equipment between the beginning and the end of the current financial period:

			Plant, furniture,
	Leasehold		fittings and
	improvements		motor vehicles		Total
		NZ$000's	NZ$000's		NZ$000's
Year ended 31 January 2018
Balance at the beginning of period		2,691		2,273		4,964
Additions		285		2,032		2,317
Disposals		(4)		(118)		(122)
Depreciation expense		(496)		(2,228)		(2,724)
Foreign exchange movements		252		54		306
Balance at the end of the year		2,728		2,013		4,741

			Plant, furniture,
	Leasehold		fittings and
	improvements		motor vehicles		Total
	NZ$000's		NZ$000's		NZ$000's
7 months ended 31 January 2017
Balance at the beginning of period		2,795		3,414		6,209
Additions		241		482		723
Depreciation expense		(296)		(1,368)		(1,664)
Impairment		-		(281)		(281)
Foreign exchange movements		(49)		26		(23)
Balance at the end of the year		2,691		2,273		4,964

			Plant, furniture,
	Leasehold		fittings and
	Improvements		motor vehicles		Total
	NZ$000's		NZ$000's		NZ$000's
Year ended 30 June 2016
Balance at the beginning of year		3,342		3,511		6,853
Additions		205		2,498		2,703
Disposals
Depreciation expense		(469)		(2,497)		(2,966)
Foreign exchange movements		(283)		(98)		(381)
Balance at the end of the year		2,795		3,414		6,209

					Plant, furniture,
	Plant under		Leasehold		fittings and
	finance lease		Improvements		motor vehicles		Total
	NZ$000’s		NZ$000's		NZ$000's		NZ$000's

Year ended 30 June 2015
Balance at the beginning of year		461		3,841		1,038		5,340
Additions		-		96		4,605		4,701
Depreciation expense		(461)		(657)		(2,242)		(3,360)
Foreign exchange movements		-		62		110		172
Balance at the end of the year		-		3,342		3,511		6,853

The management decided to fully impair the costs on the ERP upgrade, and this software will need to be replaced and updated with more advanced system.

Intangible Assets

12 Months Ended

Jan. 31, 2018

Disclosure of detailed information about intangible assets [abstract]

Disclosure of intangible assets [text block]

12	Intangible Assets

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Goodwill
Cost		-		-		2,157		2,347
Accumulated impairment		-		-		(2,157)		-
		-		-		-		2,347

Patents and licences
Cost		919		1,169		818		557
Accumulated amortisation and impairment		(718)		(573)		(544)		(540)
		201		596		274		17
Brands
Cost		12,463		12,036		12,105		12,702
Software
Cost		15,788		17,308		17,312		17,131
Accumulated amortisation and impairment		(15,440)		(15,260)		(15,116)		(14,816)
		348		2,048		2,196		2,315
Total Intangible assets		13,012		14,680		14,575		17,381

(a)

Movements in carrying amounts of intangible assets

			Patents and
	Software		licences		Brands		Goodwill		Total
	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
Year ended 31 January 2018
Balance at the beginning of the year		2,048		596		12,036		-		14,680
Additions		106		12		-		-		118
Amortisation		(163)		(143)		-		-		(306)
Impairment (refer note 12(c))		(1,650)		(264)		-		-		(1,914)
Foreign exchange movements		7		-		427		-		434
Closing value at 31 January 2018		348		201		12,463		-		13,012

			Patents and
	Software		licences		Brands		Goodwill		Total
	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
7 months ended 31 January 2017
Balance at the beginning of the period		2,196		274		12,105		-		14,575
Additions		-		351		-		-		351
Amortisation		(148)		(30)		-		-		(178)
Foreign exchange movements		-		1		(69)		-		(68)
Closing value at 31 January 2017		2,048		596		12,036		-		14,680

			Patents and
	Software		licences		Brands		Goodwill		Total
	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
Year ended 30 June 2016
Balance at the beginning of the year		2,315		17		12,702		2,347		17,381
Additions		211		264		-		-		475
Amortisation		(316)		(7)		-		-		(323)
Impairment		-		-		-		(2,157)		(2,157)
Foreign exchange movements		(14)		-		(597)		(190)		(801)
Closing value at 30 June 2016		2,196		274		12,105		-		14,575

			Patents and
	Software		licences		Brands		Goodwill		Total
	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
Year ended 30 June 2015
Balance at the beginning of the year		2,081		117		12,274		2,211		16,683
Additions		1,093		-		-		-		1,093
Amortisation		(787)		(104)		-		-		(891)
Foreign exchange movements		(72)		4		428		136		496
Closing value at 30 June 2015		2,315		17		12,702		2,347		17,381

(b)

Impairment testing for goodwill

The goodwill was fully impaired during the year ending 30 June 2016.

For the purpose of impairment testing, goodwill is allocated to cash-generating units as below:

For the Year

For the 7

For the Year

Ended

Months Ended

Ended

Description of the cash-generating unit (CGU)

31 January 2018

31 January 2017

30 June 2016

30 June 2015

NZ $000's

Australia

2,157

2,347

Impairment expense

(2,157)

2,347

Impairment assumptions

Goodwill was allocated to Australia which is the cash generating unit (CGU) for the purpose of impairment testing. The recoverable amount of the CGU was determined based on the fair value less cost to sell method.

The fair value less costs to dispose calculation was based on a discount of the anticipated cash flows that a market participant would consider is possible from the asset, over a five year period. Cash flows beyond the five year period are extrapolated using the estimated growth rates shown below. These growth rates do not exceed the long-term average growth rates for the industry.

The result of the impairment assessment is that the carrying value exceeded the fair value less costs to sell by an amount of $2.2m. As such, the goodwill has been fully impaired during the year ended 30 June 2016.

Significant assumptions used for the purposes of the fair value calculation include:

Australia

Annualised restructuring savings - $1.035m

Pre-tax discount rate - 12.7%

Terminal growth - 3.5%

(c)

Impairment testing for indefinite-lived brand intangibles

Brand intangible assets represent brands owned by the Group, that arose on historical acquisitions including Pleasure State, Davenport and Lovable.

The brand intangible assets $12,463,000 (31 January 2017: $12,036,000, 30 June 2016: $12,105,000, 30 June 2015: $12,702,000) are tested for impairment annually.

Impairment assumptions

Management has determined the recoverable amount of the indefinite-lived brand assets by assessing the fair value less cost of disposal (FVLCOD) of the underlying assets. The relief from royalty method adopted to complete the valuation determines, in lieu of ownership, the cost that would be required to obtain comparable rights to use the asset via a third-party licence arrangement. These calculations use cash flow projections based on financial budgets approved by management covering a five year period. Cash flows beyond the five year period are extrapolated using the estimated growth rates shown below. These growth rates do not exceed the long-term average growth rates for the industry. No impairment was identified.

Management's approach and the key assumptions used to determine the FVLCOD were as follows:

Sales growth: 5% (31 January 2017: 5%, 30 June 2016: 5%, 30 June 2015: 2%)

Royalty rate: 6.6% (31 January 2017: 6.6%, 30 June 2016: 6.6%, 30 June 2015: 6.6%)

Cash flow forecast period: 5 years (31 January 2017: 5 years, 30 June 2016: 5 years, 30 June 2015: 5 years)

Post-tax discount rate (%): 11.4% (31 January 2017: 11.4%, 30 June 2016: 11.4%, 30 June 2015: 11.4%)

Long term growth rate (%): 2% (31 January 2017: 2%, 30 June 2016: 2%, 30 June 2015: 0%)

Impact of possible changes in key assumptions

The directors have made judgements and estimates to assess indefinite-lived assets for impairment. Should these judgements and estimates not occur the resulting carrying amount may decrease.

The sensitivities that have been separately modelled are as follows:

(a) a 1.5% increase in the post-tax discount rate

(b) sales growth rate reduced to 2%

In the prior years, there were no reasonably possible changes in key assumptions that resulted in impairment.

The carrying amounts of the indefinite-lived brand intangible assets are sensitive to assumptions used in the impairment test calculations including the post-tax discount rate, sales growth rate and royalty rate. A 1.5% increase in the post-tax discount rate would result in an impairment of $928 thousand against the carrying amount of the indefinite-lived brand intangibles. A reduction of the sales growth rate to 2% would result in an impairment of $611 thousand against the carrying amount of the indefinite-lived brand intangible assets. A 1.5% reduction in the royalty rate would result in an impairment of $2,267 thousand against the carrying amount of the indefinite-lived brand intangibles.

(d)

Impairment of software

Impairment charge relating to software is due to management deciding to fully impair the costs on the ERP upgrade, as this software will need to be replaced and updated with more advanced system.

Derivative Financial Instruments

12 Months Ended

Jan. 31, 2018

Disclosure Of Derivative Financial Instruments [Abstract]

Disclosure of derivative financial instruments [text block]

13	Derivative Financial Instruments

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Current assets
Forward exchange contracts		-		-		-		2,289

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Current liabilities
Foreign exchange contracts		2,087		4,188		5,531		1

In order to mitigate exchange rate movements and to manage the inventory costing process, the Group has entered into forward currency contracts to purchase US dollars.

Derivative on Convertible Notes

12 Months Ended

Jan. 31, 2018

Disclosure Of Derivative On Convertible Notes [Abstract]

Disclosure Of Derivative On Convertible Notes [Text Block]

14	Derivative on Convertible Notes

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Derivative on Convertible Notes		1,110		4,112		-		-

The Group has an embedded derivative feature in convertible notes due to foreign currency. Derivatives are recognized initially at fair value; attributable transaction costs are recognized in profit or loss as incurred. Fair value of the derivative is determined on inception using the Black-Scholes model. Subsequent to initial recognition, derivatives are measured at fair value, and changes therein are accounted in profit or loss.

The fair value of the separable embedded derivative in the convertible notes has been determined using Black-Scholes model. Measurement inputs include share price on measurement date, expected term of the instrument, risk free rate (based on government bonds), expected volatility (based on weighted average historic volatility) and expected dividend rate.

Trade and Other Payables

12 Months Ended

Jan. 31, 2018

Disclosure of Trade and Other Payables [Abstract]

Disclosure of trade and other payables [text block]

15	Trade and Other Payables

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
CURRENT
Trade payables		21,143		19,221		18,357		25,302
Accruals		9,568		7,503		6,934		9,096
Employee benefit liabilities		1,805		1,842		1,524		2,152
		32,516		28,566		26,815		36,550

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Employee benefit liabilities		-		-		118		150

Trade and other payables are unsecured, non-interest bearing and are normally settled within 30 days however some the trade creditors are out of term as at 31 January 2018 and subsequent to the end of the financial period the company has reduced the out of term trade creditors but further work is required to bring all of the creditors in term. The carrying amounts are considered to be a reasonable approximation of fair value.

Borrowings

12 Months Ended

Jan. 31, 2018

Disclosure of borrowings [Abstract]

Disclosure of borrowings [text block]

16	Borrowings

		31 January		31 January		30 June		30 June
		2018		2017		2016		2015
	Note	NZ$000's		NZ$000's		NZ$000's		NZ$000's

CURRENT
Secured liabilities:
Bank overdraft			-		-		-		18,064
Shareholder loans			10,951		8,200		29,281		16,918
Lease liability	22		-		-		-		105
Bank loans			16,000		16,000		-		17,841
Debt issuance costs in relation to bank loan			(218)		(656)		(565)		(42)
Working capital financing bank facility			22,489		31,710		32,877		3,387
Convertible notes			1,740		13,744		-		-
Other loan			1,159		-		-		-
			52,121		68,998		61,593		56,273

The fair value of borrowings is not considered to be materially different to their carrying amounts.

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

NON-CURRENT
Secured liabilities:
Bank loans		-		-		16,000		-

The fair value of borrowings is not considered to be materially different to their carrying amounts.

(a)

Assets pledged as security:

Borrowings are secured by a fixed and floating charge over the assets of the consolidated entity. The lease liabilities are effectively secured as the rights to the leased assets, recognised in the balance sheet, revert to the lessor in the event of default.

(b)

Bank overdrafts and bank loans

On 27 June 2016, all banking facilities were repaid and a new banking arrangement with BNZ commenced. BNZ has a first ranking charge over all assets of the Bendon Limited group.

The new debt arrangement entered into on 27 June 2016 includes a term loan facility and interchangeable (working capital) loan facility.

The term loan facility of NZD$16,000,000 is repayable on 27 June 2018. The current interest rate on this loan is 5.55% (31 January 2017: 4.84%, 2016: 4.77%) per annum. There has been a breach of covenant during the period.

As at 31 January 2018, the interchangeable facility is NZD$22,489,428 (31 January 2017: NZD$31,710,000, 30 June 2016: NZD$32,877,397) has a limit of NZD$35,000,000 and is repayable on demand. The current interest rate on this loan is 5.32% (31 January 2017: 3.87%). It provides a working capital facility, by allowing the Company to sell its trade receivables and fund the purchases of stock.

Bank of New Zealand has the first ranking charge over all assets of Bendon Limited. Under the terms of the major borrowing facilities, there were no covenants in place until 31 December 2016. From this date onwards, the group is required to comply with financial covenants in respect of a gearing ratio, fixed charge cover ratio, interest cover ratio, and capex spend.

As at 30 September 2017, 31 December 2017 there was a breach in the gearing ratio covenant that is not to be greater than 2.25 times for the reporting period. As at those dates the gearing ratio, as defined by the bank facility agreement was calculated at 6.45 times and 5.96 respectively. The Bank has advised that they are currently taking the Breach under review and they expressly reserve their rights under the facility agreement. The covenant is still in breach, and this is still under review as at the date of the report.

Subsequent to the end of the period Bendon has reduced the facility by the following: $1.8m on 4 August 2017, $2.7m on 7 August 2017 and $4.3m on 31 August 2017 as a permanent reduction.

The Bank has increased the Margin to 2% per annum and line fee of 1%.

(c)

Shareholder loan - Related party

The Group has loan from shareholders of $10,951,295 (31 January 2017: $8,200,000, 30 June 2016: $29,280,991, 30 June 2015: $16,917,902), which are secured by a debenture over the assets of the Group, subordinated to the bank loan.

On 29 September 2016, Bendon Limited issued additional 24,839 shares to the shareholders as part of an agreement to convert debt to equity. The amount of debt converted on this date amounted to $24,839,783. The remainder of the shareholder loan remained outstanding and is at call as per the shareholders Agreement. The shareholder has confirmed the loan will not be recalled in the period twelve months from the date of signing the 31 January 2018 financial statements.

The current interest rate on shareholder loans is 30% (31 January 2017: 30%, 30 June 2016: 30%, 30 June 2015: 30%) and was increased at the end of 2014, and is capitalised quarterly. Total interest capitalised and accrued during the year ending 31 January 2018 is $2,806,945 (2017: $6,436,987, year ended 30 June 2016: $7,042,000, year ended 30 June 2015: $3,192,000).

(d)

Convertible notes

During the year to 31 January 2018, Bendon Limited has on issue an aggregate amount of USD$2,600,000 (NZD$3,624,198) (31 January 2017: USD$12,000,000 (NZD$16,474,465) convertible loan notes with 10% interest pursuant to an Investment Agreement dated on 9 August 2017. The convertible notes are subject to a conversion at a fixed value on the business day immediately prior to the Scrip-for-Scrip Rollover and maturity date of 10th August 2019. Conversion is at the noteholders option. If conversion does not occur the convertible notes are redeemable at maturity. The issuer can elect to redeem at any time prior to maturity.

On 29th September 2017, the holders of USD$11.75m (NZ$16.79m) of convertible notes converted to 23,961 ordinary shares. The holder of US$1.0m (NZ$1.42m) of convertible notes elected for their convertible note to be repaid, and classified as other loan.

The carrying value of the convertible notes at initial recognition is determined as the difference between the consideration received and the fair value of the embedded derivative recognised. The convertible notes are subsequently measured at amortised cost using the effective interest rate method. The carrying value of the convertible notes at 31 January 2018 was $1,740,000 (31 January 2017: $13,744,000).

Provisions

12 Months Ended

Jan. 31, 2018

Provisions [abstract]

Disclosure of provisions [text block]

17	Provisions

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

CURRENT
Lease contributions		412		480		342		353
Onerous contracts		264		377		-		233
Make good		430		671		513		200
		1,106		1,528		855		786

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

NON-CURRENT
Lease contributions		910		702		976		906
Onerous contracts		-		176		275		361
Make good		1,801		1,371		1,304		1,500
		2,711		2,249		2,555		2,767

	Lease		Onerous
	contributions		contracts		Make good		Total
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Opening balance at 1 February 2017		1,182		553		2,042		3,777
Additional provisions recognised		635		-		595		1,230
Unused amounts reversed		-		-		(658)		(658)
Unwinding of discounts		-		-		271		271
Amounts used during the year		(547)		(289)		(77)		(913)
Exchange differences		52		-		58		110
Balance at 31 January 2018		1,322		264		2,231		3,817

Opening balance at 1 July 2016		1,318		275		1,817		3,410
Additional provisions recognised		145		508		353		1,006
Unused amounts reversed		-		-		(112)		(112)
Unwinding of discounts		-		-		(9)		(9)
Amounts used during the period		(269)		(230)		-		(499)
Exchange differences		(12)		-		(7)		(19)
Balance at 31 January 2017		1,182		553		2,042		3,777

Onerous contracts

The onerous provision relates to a head office lease for which the space is not fully utilised. The provision is calculated using a pre-tax discount rate of 11.4% (2017: 11.4%, 2016: 11.4%, 2015: 11.4%).

Make good

In accordance with certain lease agreements, the Group must refurbish and restore the lease premises to a condition agreed with the landlord at the end of the lease term or as prescribed. The provision has been calculated using a pre-tax discount rate of 2% (2017: 2%, 2016: 2%, 2015: 4%), and other market assumptions and re-assessed annually.

During the 2018 financial year an additional $595 thousand was recognised in relation to new retail leases in Australia. As a result of the new Auckland office lease, make good requirements were reversed.

Share Capital

12 Months Ended

Jan. 31, 2018

Disclosure of classes of share capital [abstract]

Disclosure of classes of share capital [text block]

18	Share Capital

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
306,028 (2017: 274,839, 2016: 250,000, 2015: 250,000) Ordinary shares		68,727		27,948		3,108		3,108

(a)

Ordinary shares

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

At the beginning of the reporting period		27,948		3,108		3,108		3,108
Issuance of new shares		22,990		24,840		-		-
Convertible note maturity		17,789		-		-		-
At the end of the reporting period		68,727		27,948		3,108		3,108

The holders of ordinary shares are entitled to participate in dividends and the proceeds on winding up of the Company. On a show of hands at meetings of the Company, each holder of ordinary shares has one vote in person or by proxy, and upon a poll each share is entitled to one vote.

The Company does not have authorised capital or par value in respect of its shares.

For the Year

Ended 31

Ended 30

January 2018

January 2017

June 2016

June 2015

Number

At the beginning of the period

274,839

250,000

Shares issued during the period

31,189

24,839

At the end of the period

306,028

274,839

250,000

(b)

Other equity

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Value of conversion rights - convertible notes		17,789		-		-		-

The amount shown for other equity is the value of the conversion rights relating to the 15% convertible notes, details of which are shown in note 16(d).

(c)

Capital Management

The key objectives of the Company when managing capital is to safeguard its ability to continue as a going concern and maintain optimal benefits to stakeholders. Management also aims to maintain a capital structure that ensures the lowest cost of capital available to the entity. The Company defines capital as its equity and net debt.

There has been no change to capital risk management policies during the year.

Management are constantly adjusting the capital structure to take advantage of favourable costs of capital or high return on assets. As the market is constantly changing, management may change the amount of dividends to be paid to shareholders, return capital to shareholders or sell assets to reduce debt. The Group is not subject to any externally imposed capital requirements.

The gearing ratio is as follows:

		2018			2017			30 June 2016			30 June 2015
	Note	NZ$000's			NZ$000's			NZ$000's			NZ$000's
Total borrowings	16		52,121			68,998			77,593		56,273
Less Cash and cash equivalents	8		(10,739)			(2,644)			(4,193)		(1,246)
Net debt			41,382			66,354			73,400		55,027
Equity			(5,710)			(9,044)			(17,876)		2,839
Total Captial			35,672			57,310			55,524		57,866
Gearing ratio			116	%		116	%		132	%	95	%

Reserves

12 Months Ended

Jan. 31, 2018

Disclosure of reserves within equity [abstract]

Disclosure of reserves within equity [text block]

19	Reserves

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Foreign currency translation reserve
Opening balance		(2,154)		(2,125)		(2,156)		(2,063)
Transfers in		148		(29)		31		(93)
Balance at the end of the period		(2,006)		(2,154)		(2,125)		(2,156)

Foreign currency translation reserve

Exchange differences arising on translation of the foreign controlled entity are recognised in other comprehensive income - foreign currency translation reserve. The cumulative amount is reclassified to profit or loss when the net investment is disposed of.

Loss per Share

12 Months Ended

Jan. 31, 2018

Earnings Per Share [Abstract]

Earnings per share [text block]

20	Loss per Share

(a)

Basic and diluted loss per share

For the Year

Months

For the Year

Ended 31

Ended 30

January 2018

January 2017

June 2016

June 2015

NZ$

From continuing operations attributable to the ordinary equity holders of the company

(131.38)

(60.54)

(82.86)

(52.79)

Total basic and diluted loss per share attributable to the ordinary equity holders of the company

(131.38)

(60.54)

(82.86)

(52.79)

All convertible notes issued during the period are not included in the calculation of diluted loss per share because they are antidilutive in nature for the period ended 31 January 2018. These notes could potentially dilute earnings/loss per share in the future.

(b)

Reconciliation of loss used in calculating loss per share

For the 7

For the Year

Months

For the Year

Ended 31

Ended 30

January 2018

January 2017

June 2016

June 2015

NZ$000's

Basic and diluted loss per share

Profit/(loss) attributable to the ordinary equity holders of the company used in calculating basic earnings per share:

(37,445)

(16,008)

(20,715)

(13,198)

(c)

Weighted average number of shares used as the denominator

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	Number		Number		Number		Number
Weighted average number of ordinary shares used as the denominator in calculating basic and diluted loss per share		285,019		264,441		250,000		250,000

(d)

Information concerning the classification of securities

Convertible notes

During the year ended 31 January 2018, Bendon Limited issued an aggregate amount of USD $2,600,000 (NZ$3,544,649) 7% convertible notes subject to an Investment Agreement dated on 9 August 2017. The convertible notes are subject to a conversion at a fixed value on the business day immediately prior to the Scrip-for-Scrip Rollover and maturity date of 10th August 2019. Conversion is at the noteholders option. If conversion does not occur, the convertible notes are redeemable at maturity. The issuer can elect to redeem at any time prior to maturity. The notes are convertible into ordinary shares of Bendon Limited, at the option of the holder, or redeemable on 10th August 2019. Due to the conversion being determined by the USD invested amount, the instrument contains a derivative in relation to potential fluctuations between the USD and NZD.

All convertible notes issued during the period are not included in the calculation of diluted loss per share because they are antidilutive in nature for the period ended 31 July 2018. These notes could potentially dilute earnings/loss per share in the future.

Accumulated Losses

12 Months Ended

Jan. 31, 2018

Accumulated Losses [Abstract]

Disclosure of retained earnings accumulated losses [Text Block]

21	Accumulated Losses

For the 7

For the Year

Months

For the Year

Ended 31

Ended 30

January 2018

January 2017

June 2016

June 2015

NZ$000's

(Accumulated losses)/retained earnings at the beginning of the period

(34,838)

(18,859)

1,887

14,992

Loss for the period

(37,593)

(15,989)

(20,746)

(13,105)

(Accumulated Losses)/Retained Earnings at end of the period

(72,431)

(34,848)

(18,859)

1,887

Capital and Leasing Commitments

12 Months Ended

Jan. 31, 2018

Disclosure of capital and leasing commitments [Abstract]

Disclosure Of Capital And Leasing Commitments Explanatory [Text Block]

Capital and Leasing Commitments

(a)

Finance Leases

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Minimum lease payments:
- not later than one year		-		-		-		105
Minimum lease payments		-		-		-		105
Less: finance changes		-		-		-		-
Present value of minimum lease payments		-		-		-		105

(b)

Operating Leases

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Minimum lease payments under non-cancellable operating leases:
- not later than one year		9,618		9,472		9,594		8,952
- between one year and five years		14,943		14,435		16,438		17,089
- later than five years		528		59		140		312
		25,089		23,966		26,172		26,353

Operating leases are in place for leased premises and vehicles, and normally have a term between 1 and 11 years. Lease payments are increased on an annual basis to reflect market rentals.

(c)

Contracted Commitments

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Licence contract
- not later than one year		3,797		3,652		3,696		3,147
- between one year and five years		12,009		15,917		16,775		15,808
- later than five years		-		-		2,283		6,652
		15,806		19,569		22,754		25,607

The Group has an exclusive licence to use the trademark and name Heidi Klum in the manufacture, promotion, sale and distribution of product. The contract was executed on 26 September 2014 and commenced on 1 January 2015. The contract has a 7 year term with no rights to renew. Licence royalties are calculated based on net sales, and the minimum guarantee payments payable by the Group are set out above.

Lessor Commitments

12 Months Ended

Jan. 31, 2018

Disclosure of finance lease and operating lease by lessor [abstract]

Disclosure Of Leasor Commitments Explanatory [Text Block]

23	Lessor Commitments

The Group sub leases its US and Australian premises under a commercial lease. These non-cancellable leases have terms between 1 and 6 years. All leases include an option for the Group to increase rent to current market rental on an annual basis.

The future minimum lease payments under non-cancellable leases are:

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
- no later than 1 year		166		503		620		431
- between 1 year and 5 years		-		1,076		1,217		565
- greater than 5 years		-		-		-		-
Total minimum lease payments		166		1,579		1,837		996

Financial Risk Management

12 Months Ended

Jan. 31, 2018

Disclosure of Financial Risk Management [Abstract]

Disclosure of how entity manages liquidity risk [text block]

24	Financial Risk Management

The Group is exposed to a variety of financial risks through its use of financial instruments.

The Group’s overall risk management plan seeks to minimise potential adverse effects due to the unpredictability of financial markets.

The most significant financial risks to which the Group is exposed to are described below:

Specific risks

Liquidity risk

Credit risk

Market risk - currency risk, interest rate risk and price risk

Financial instruments used

The principal categories of financial instrument used by the Group are:

Trade receivables

Cash at bank

Bank overdraft

Trade and other payables

Floating rate bank loans

Forward currency contracts

Shareholders loan

Objectives, policies and processes

The Board of Directors receives overall responsibility for the establishment of the Group’s financial risk management framework. This includes the development of policies covering specific areas such as foreign exchange risk, interest rate risk, credit risk and the use of derivatives.

Risk management policies and systems are reviewed regularly to reflect changes in market conditions and the Group’s activities.

The day-to-day risk management is carried out by the Group’s finance function under policies and objectives which have been approved by the Board of Directors.

Mitigation strategies for specific risks faced are described below:

Liquidity risk

Liquidity risk arises from the Group’s management of working capital and the finance charges and principal repayments on its debt instruments. It is the risk that the Group will encounter difficulty in meeting its financial obligations as they fall due.

The Group’s policy is to ensure that it will always have sufficient cash to allow it to meet its liabilities as and when they fall due.

The Group manages its liquidity needs by carefully monitoring scheduled debt servicing payments for long-term financial liabilities as well as cash-outflows due in day-to-day business.

The timing of cash flows presented in the table to settle financial liabilities reflects the earliest contractual settlement dates and does not reflect management's expectations that banking facilities will be rolled forward. The amounts disclosed in the table are the undiscounted contracted cash flows and therefore the balances in the table may not equal the balances in the consolidated balance sheets due to the effect of discounting.

The Group‘s liabilities have contractual maturities which are summarised below:

	Non-derivatives Borrowings NZ$000's		Non-derivatives Finance lease obligations NZ$000's		Non-derivatives Trade payables NZ$000's		Non-derivatives Bank guarantees NZ$000's		Non-derivatives Total NZ$000's		Derivatives Gross future cash settlement on forward currency contracts - inflow NZ$000's		Derivatives Gross future cash settlement on forward currency contracts - (outflow) NZ$000's		Derivatives Total NZ$000's
Not later than 1 month
31 January 2018		26,482		-		21,143		-		47,625		13,577		(13,950)		(373)
31 January 2017		56,333		-		19,221		-		75,554		2,078		(2,250)		(172)
30 June 2016		63,054		-		18,357		-		81,411		6,636		(7,097)		(461)
30 June 2015		22,322		66		25,302		-		47,690		-		-		-

1 to 3 months
31 January 2018		148		-		-		-		148		13,837		(14,453)		(616)
31 January 2017		129		-		-		-		129		9,900		(11,326)		(1,426)
30 June 2016		127		-		-		-		127		18,755		(20,454)		(1,699)
30 June 2015		996		40		-		-		1,036		1,841		(2,029)		(188)

3 months to 1 year
31 January 2018		27,247		-		-		-		27,247		20,895		(21,993)		(1,098)
31 January 2017		18,631		-		-		-		18,631		37,855		(40,445)		(2,590)
30 June 2016		572		-		-		-		572		36,397		(39,766)		(3,369)
30 June 2015		17,496		-		-		-		17,496		15,715		(17,133)		(1,418)

1 to 5 years
31 January 2018		-		-		-		-		-		-		-		-
31 January 2017		323		-		-		-		323		-		-		-
30 June 2016		16,763		-		-		582		17,345		-		-		-
30 June 2015		16,981		-		-		372		17,353		8,940		(9,623)		(683)

	Non-derivatives Borrowings NZ$000's		Non-derivatives Finance lease obligations NZ$000's		Non-derivatives Trade payables NZ$000's		Non-derivatives Bank guarantees NZ$000's		Non-derivatives Total NZ$000's		Derivatives Gross future cash settlement on forward currency contracts - inflow NZ$000's		Derivatives Gross future cash settlement on forward currency contracts - (outflow) NZ$000's		Derivatives Total NZ$000's

Total
31 January 2018		53,877		-		21,143		-		75,020		48,309		(50,396)		(2,087)
31 January 2017		75,416		-		19,221		-		94,637		49,833		(54,021)		(4,188)
30 June 2016		80,516		-		18,357		582		99,455		61,788		(67,317)		(5,529)
30 June 2015		57,795		106		25,302		372		83,575		26,496		(28,785)		(2,289)

Credit risk

Credit risk refers to the risk that a counterparty will default on its contractual obligations resulting in a financial loss to the Group.

Credit risk arises from cash and cash equivalents, derivative financial instruments, as well as credit exposure to wholesale and retail customers, including outstanding receivables and committed transactions.

The Group has adopted a policy of only dealing with creditworthy counterparties as a means of mitigating the risk of financial loss from defaults. The utilisation of credit limits by customers is regularly monitored by line management. Customers who subsequently fail to meet their credit terms are required to make purchases on a prepayment basis until creditworthiness can be re-established.

Trade receivables consist of a large number of customers, spread across diverse industries and geographical areas. Ongoing credit evaluation is performed on the financial condition of accounts receivable.

Management considers that all the financial assets that are not impaired for each of the reporting dates under review are of good credit quality, including those that are past due.

The credit risk for liquid funds and other short-term financial assets is considered negligible, since the counterparties are reputable banks with high quality external credit ratings.

The credit quality of financial assets that are neither past due nor impaired can be assessed by reference to external credit ratings if available or historical information about counterparty default rate.

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Trade receivables
Counterparty without external credit ratings
New customer less than 6 months		12		187		1,046		1,046
Existing customers (more than 6 months with default in past)		9,970		26,312		19,557		19,557
Total trade receivables		9,982		26,499		20,603		20,603

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Credit ratings
AA-		10,591		2,655		4,122		1,194
A+		94		(11)		24		-
		10,685		2,644		4,146		1,194

The Group has no significant concentration of credit risk with respect to any single counterparty or group of counterparties.

On a geographical basis, the Group has significant credit risk exposures in New Zealand and Australia, United States and United Kingdom given the substantial operations in those regions.

Market risk

Market risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices.

(i) Foreign exchange risk

Exposure to foreign exchange risk may result in the fair value or future cash flows of a financial instrument fluctuating due to movement in foreign exchange rates of currencies in which financial instruments are held in currencies other than the functional currency.

Exposures to currency exchange rates arise from overseas sales and purchases, which are primarily denominated in currencies other than the functional currency, in particular USD.

Foreign currency denominated financial assets and liabilities, translated into New Zealand Dollars at the closing rate, are as follows:

	AUD		USD		GBP		EUR		HKD		Total
	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
31 January 2018
Trade receivables		328		199		-		1,376		-		1,903
Trade payables		781		11,209		74		29		53		12,146
Cash and cash equivalents		1,660		7,190		77		92		165		9,184
31 January 2017
Trade receivables		424		211		-		1,509		-		2,144
Trade payables		315		8,557		131		32		16		9,051
Cash and cash equivalents		926		401		131		388		28		1,874
30 June 2016
Trade receivables		531		30		-		1,828		-		2,389
Trade payables		203		12,438		117		8		35		12,801
Cash and cash equivalents		965		163		110		149		9		1,396
30 June 2015
Trade receivables		5		167		-		1,405		-		1,577
Trade payables		334		14,942		50		6		351		15,683
Cash and cash equivalents		422		194		135		103		60		914

The following table illustrates the sensitivity of the net result for the year and equity in regards to the Group’s financial assets and financial liabilities and the US dollar - New Zealand Dollar, Australian Dollar - New Zealand Dollar, GB Pound - New Zealand Dollar, Euro - New Zealand Dollar, and Hong Kong Dollar - New Zealand Dollar exchange rates. There have been no changes in the assumptions calculating this sensitivity from prior years.

It assumes a 10% change of the New Zealand Dollar / Australian Dollar exchange rate for the year ended 31 January 2018 (31 January 2017: 10%, 30 June 2016: 10%, 30 June 2015: 10%). A 10% change is considered for the New Zealand Dollar / US Dollar exchange rate (31 January 2017: 10%, 30 June 2016: 10%, 30 June 2015: 10%). A 10% change is considered for the New Zealand Dollar / GB Pound exchange rate (31 January 2017: 10%, 30 June 2016: 10%, 30 June 2015: 10%). A 10% change is considered for the New Zealand Dollar / Euro exchange rate (31 January 2017: 10%, 30 June 2016: 10%, 30 June 2015: 10%). All of these percentages have been determined based on the average market volatility in exchange rates in the previous 12 months.

The year end rate is 0.9073 AUD, 0.7335 USD, 0.5183 GBP, 0.5913 EUR and 5.7368 HKD.

The sensitivity analysis is based on the foreign currency financial instruments held at the reporting date and also takes into account forward exchange contracts that offset effects from changes in currency exchange rates.

If the New Zealand Dollar had strengthened and weakened against the Australian Dollar, US Dollar, GB Pound, Euro and HK Dollar by 10%(31 January 2017: 10%, 30 June 2016: 10%, 30 June 2015: 10%) and 10% (31 January 2017: 10%, 30 June 2016: 10%, 30 June 2015: 10%) respectively then this would have had the following impact:

	NZ$000's
	+10%		-10%
USD
Net results/Equity (31 January 2018)		(1,509)		1,509
Net results/Equity (31 January 2017)		(1,196)		1,196
Net results/Equity (30 June 2016)		(1,267)		1,267
Net results/Equity (30 June 2015)		(797)		797

AUD
Net results/Equity (31 January 2018)		(805)		805
Net results/Equity (31 January 2017)		86		(86)
Net results/Equity (30 June 2016)		75		(75)
Net results/Equity (30 June 2015)		7		(7)

GBP
Net results/Equity (31 January 2018)		(175)		175
Net results/Equity (31 January 2017)		34		(34)
Net results/Equity (30 June 2016)		(16)		16
Net results/Equity (30 June 2015)		(3)		3

EUR
Net results/Equity (31 January 2018)		(136)		136
Net results/Equity (31 January 2017)		186		(186)
Net results/Equity (30 June 2016)		142		(142)
Net results/Equity (30 June 2015)		108		(108)

HKD
Net results/Equity (31 January 2018)		(14)		14
Net results/Equity (31 January 2017)		1		(1)
Net results/Equity (30 June 2016)		(2)		2
Net results/Equity (30 June 2015)		(21)		21

Exposures to foreign exchange rates vary during the year depending on the volume of overseas transactions. Nonetheless, the analysis above is considered to be representative of the Group's exposure to foreign currency risk.

Forward exchange contracts

The Group has open forward exchange contracts at the end of the reporting period relating to highly probable forecast transactions and recognised financial assets and financial liabilities. These contracts commit the Group to buy specified amounts of foreign currencies in the future at specified exchange rates. The Group has a policy of requiring that forward exchange contracts be entered into where future commitments are entered into requiring settlement at a time in excess of 1 month but less than 1 year, to a value of approximately 75% total foreign exchange exposure. Contracts are taken out with terms that reflect the underlying settlement terms of the commitment to the maximum extent possible so that hedge ineffectiveness is minimised.

The following table summarises the notional amount of the Group's commitments in relation to forward exchange contracts.

	Notional Amounts								Average Exchange Rate
	31 January 2018 NZ$000's		31 January 2017 NZ$000's		30 June 2016 NZ$000's		30 June 2015 NZ$000's		31 January 2018 $		31 January 2017 $		30 June 2016 $		30 June 2015 $
Buy USD / sell NZD
Settlement
Less than 6 months		48,149		47,292		38,697		24,932		0.7061		0.6687		0.6473		0.7320
6 months to 1 year		-		3,479		22,378		3,854		-		0.7186		0.6424		0.7136

Buy AUD / sell NZD
Settlement

	NZ$000's		NZ$000's		NZ$000's		NZ$000's		$		$		$		$
Less than 6 months		2,247		2,250		5,242		-		0.8900		0.8890		0.9066		-

Buy GBP / sell NZD
Settlement

	NZ$000's		NZ$000's		NZ$000's		NZ$000's		$		$		$		$
Less than 6 months		-		1,000		1,000		-		-		0.5784		0.4181		-

(ii) Interest rate risk

The Group is exposed to interest rate risk as funds are borrowed at floating and fixed rates. Borrowings issued at fixed rates expose the Group to fair value interest rate risk.

The Group's policy is to minimise interest rate cash flow risk exposures on long-term financing. Longer-term borrowings are therefore usually at fixed rates. At the reporting date, the Group is exposed to changes in market interest rates through its bank borrowings, which are subject to variable interest rates.

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Floating rate instruments
Bank overdraft		-		-		-		14,481
Working capital financing bank facility		22,489		31,710		32,877		3,387
Convertible notes		1,740		16,474		-		-
Borrowings		16,000		16,000		16,000		17,841
		40,229		64,184		48,877		35,709

The following table illustrates the sensitivity of the net result for the year and equity to a reasonably possible change in interest rates of +1.00%/-1.00% (2017: +1.00%/-1.00%), with effect from the beginning of the year. These changes are considered to be reasonably possible based on observation of current market conditions and economist reports.

The calculations are based on the financial instruments held at each reporting date. All other variables are held constant.

	NZ$000's
	1.00%		-1.00%
	NZ$000's		NZ$000's
Net results/Equity (31 January 2018)		420		(420)
Net results/Equity (31 January 2017)		642		(642)
Net results/Equity (30 June 2016)		352		(352)
Net results/Equity (30 June 2015)		283		(283)

Tax assets and liabilities

12 Months Ended

Jan. 31, 2018

Disclosure of temporary difference, unused tax losses and unused tax credits [abstract]

Disclosure of temporary difference, unused tax losses and unused tax credits [text block]

25	Tax assets and liabilities

	Opening Balance NZ$000's		Charged to Income NZ$000's		Charged directly to Equity NZ$000's	Changes in Tax Rate NZ$000's		Exchange Differences NZ$000's		Closing Balance NZ$000's
Deferred tax assets/(liabilities)
Property, plant and equipment		1,251		417			-		-		1,668
Doubtful debts		85		(5)			-		-		80
Provision for annual leave		273		23			-		-		296
Provision for long service leave		66		13			-		-		79
Other payroll provisions		142		(18)			-		-		124
General provisions		1,857		(1,524)			-		-		333
Inventories		125		90			-		-		215
Carried forward tax losses		194		3,300			-		-		3,494
Intangible assets		(403)		(297)			-		-		(700)
Balance at 30 June 2015		3,590		1,999			-		-		5,589

Property, plant and equipment		1,668		(1,668)			-		-		-
Doubtful debts		80		(80)			-		-		-
Provision for annual leave		296		(296)			-		-		-
Provision for long service leave		79		(79)			-		-		-
Other payroll provisions		124		(124)			-		-		-
General provisions		333		(333)			-		-		-
Inventories		215		(215)			-		-		-
Carried forward tax losses		3,494		(2,864)			-		-		630
Intangible assets		(700)		70			-		-		(630)
Balance at 30 June 2016		5,589		(5,589)			-		-		-

Carried forward tax losses		630		-							630
Intangible assets		(630)		-							(630)
Balance at 31 January 2017		-		-			-		-		-

Carried forward tax losses		630		-							630
Intangible assets		(630)		-							(630)
Balance at 31 January 2018		-		-			-		-		-

Dividends

12 Months Ended

Jan. 31, 2018

Disclosure of dividends [Abstract]

Disclosure of dividends [text block]

26	Dividends

No final dividend will be paid in respect of the period ended 31 January 2018 (31 January 2017: Nil, 30 June 2016: Nil, 30 June 2015: Nil).

Franking account

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Australian franking credits available for subsequent financial years at a tax rate of 30%		3,995		3,757		3,808		4,113

New Zealand imputation credits available for subsequent financial years at a tax rate of 28%		236		235		235		235

The above amounts are based on the dividend franking account at period-end adjusted for:

	(a)	Franking credits that will arise from the payment of the current tax liabilities;
	(b)	Franking debits that will arise from the payment of dividends recognised as a liability at the period end;
	(c)	Franking credits that will arise from the receipt of dividends recognised as receivables at the end of the period.

Key Management Personnel Remuneration

12 Months Ended

Jan. 31, 2018

Details of key management personnel remuneration [Abstract]

Disclosure of information about key management personnel [text block]

27	Key Management Personnel Remuneration

Key management personnel remuneration included within employee expenses for the period is shown below:

	For the Year		For the 7
	Ended		Months Ended		For the Year		For the Year
	31 January		31 January		Ended 30 June		Ended 30 June
	2018		2017		2016		2015
	NZ$		NZ$		NZ$		NZ$
Short-term employee benefits		1,742,530		1,492,015		1,751,710		2,039,156
		1,742,530		1,492,015		1,751,710		2,039,156

Interests in Subsidiaries

12 Months Ended

Jan. 31, 2018

Disclosure of subsidiaries [abstract]

Disclosure of subsidiaries [text block]

28	Interests in Subsidiaries

Composition of the Group

		Percentage		Percentage		Percentage		Percentage
	Principal place of	Owned (%)*		Owned (%)*		Owned (%)*		Owned (%)*
	business / Country of	31 January		31 January		30 June		30 June
	Incorporation	2018		2017		2016		2015

Subsidiaries:
Bendon Retail Limited	New Zealand		100		100		100		100
Bendon Holdings Limited	New Zealand		100		100		100		100
Bendon Holdings Pty Limited	Australia		100		100		100		100
Bendon Pty Limited	Australia		100		100		100		100
Bendon Intimates Pty Limited	Australia		100		100		100		100
PS Holdings No. 1 Pty Limited	Australia		100		100		100		100
Pleasure State Pty Limited	Australia		100		100		100		100
Pleasure State (HK) Limited	Hong Kong		100		100		100		100
Bendon UK Limited	United Kingdom		100		100		100		100
Bendon USA Inc	United States of America		100		100		100		100

*The percentage of ownership interest held is equivalent to the percentage voting rights for all subsidiaries.

Fair Value Measurement

12 Months Ended

Jan. 31, 2018

Disclosure of fair value measurement [Abstract]

Disclosure of fair value measurement [text block]

29	Fair Value Measurement

The Group measures the following assets and liabilities at fair value on a recurring basis:

	⋅	Financial assets - derivative financial instruments
	⋅	Financial liabilities - derivative financial instruments

Fair value hierarchy

All assets and liabilities measured at fair value to be assigned to a level in the fair value hierarchy as follows:

	Level 1	Unadjusted quoted prices in active markets for identical assets or liabilities that the entity can access at the measurement date.
	Level 2	Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.
	Level 3	Unobservable inputs for the asset or liability.

The table below shows the assigned level for each asset and liability held at fair value by the Group:

	Level 1		Level 2		Level 3		Total
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
31 January 2018
Recurring fair value measurements
Financial assets
Foreign exchange contracts		-		-		-		-
Financial liabilities
Foreign exchange contracts		-		2,087		-		2,087
Derivative on Convertible Notes		-		-		1,110		1,110

31 January 2017
Recurring fair value measurements
Financial assets
Foreign exchange contracts		-		-		-		-
Financial liabilities
Foreign exchange contracts		-		4,188		-		4,188
Derivative on Convertible Notes		-		-		4,112		4,112

30 June 2016
Recurring fair value measurements
Financial assets
Foreign exchange contracts		-		-		-		-
Financial liabilities
Foreign exchange contracts		-		5,531		-		5,531

30 June 2015
Recurring fair value measurements
Financial assets
Foreign exchange contracts		-		2,289		-		2,289
Financial liabilities
Foreign exchange contracts		-		1		-		1

There were no transfers between levels during the financial periods.

The carrying amount of trade and other receivables and trade and other payables are assumed to approximate their fair values due to their short-term nature. Bank loans approximate fair value of the carrying amount on the basis of the variable nature of the interest rates associated with the loans.

Valuation techniques for fair value measurements categorised within level 2

The fair value of derivative financial instruments is determined using valuation techniques which maximise the use of observable market data where it is available and relies as little as possible on entity specific estimates.

Valuation techniques for fair value measurements categorised within level 3

The fair value of the derivative on convertible notes has been determined using a Black-Scholes model. Measurement inputs include share price on measurement date, expected term of the instrument, risk free rate, expected volatility and expected dividend rate. The Company used valuations specialists to perform these valuations.

Fair value measurements using significant unobservable movements (level 3)

The following table presents the changes in level 3 instruments for the year ended 31 January 2018.

	Convertible
	note liability
	NZ$000's
Balance at 31 January 2017		4,112
Changes in fair value		1,110
Conversion		(4,112)
Balance at 31 January 2018		1,110

Valuation inputs and relationships to fair value (level 3)

The following table summarises the quantitative information about the significant inputs used in level 3 fair value measurements:

	Range of inputs for
Unobservable inputs	convertible note liability
Face value (NZD)		3,624,198
Interest rate of note		10	%
Risk free rate		1.66	%
Term of the instrument		August 2019
Expected volatility		128.7	%
Dividend yield		0	%

Contingencies

12 Months Ended

Jan. 31, 2018

Disclosure of contingent liabilities [abstract]

Disclosure of contingent liabilities [text block]

30	Contingencies

Contingent Liabilities

The Group had the following contingent liabilities at the end of the reporting period:

	31 January 2018		31 January 2017		30 June 2016		30 June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Rent guarantees to certain landlords		419		571		534		313
Standby letter of credit to JP Morgan Chase Bank		291		286		279		-
Guarantee provided to UK Customs Department		329		282		303		372
Guarantee provided to ANZ for Merchant Service		172		-		-		-

Related Parties

12 Months Ended

Jan. 31, 2018

Disclosure of transactions between related parties [abstract]

Disclosure of related party [text block]

31	Related Parties

(a)

The Group's main related parties are as follows:

The ultimate parent entity, which exercises control over the Group, is Cullen Group which is incorporated in New Zealand and owns 71.8% of Bendon Limited.

Key management personnel - refer to Note 27.

Other related parties include close family members of key management personnel and entities that are controlled or significantly influenced by those key management personnel or their close family members.

(b)

Loans (to)/from related parties

	Opening		Closing		Interest not		Interest
	balance		balance		charged		paid/payable		Impairment
	NZ$		NZ$		NZ$		NZ$		NZ$

Loans from related parties
Cullen Investments Limited - 31 January 2018		13,051,321		11,535,677		-		-		-
Cullen Investments Limited - 31 January 2017		9,613,014		13,051,321		-		-		-
Cullen Investments Limited - 30 June 2016		4,010,083		9,613,014		-		-		-
Cullen Investments Limited - 30 June 2015		3,381,579		4,010,083		-		-		-
Whitespace Atelier Limited - 31 January 2018		-		272,665		-		-		-
Whitespace Atelier Limited - 31 January 2017		-		-		-		-		-

Loans to related parties
Naked Inc. - 31 January 2018		-		(1,368,577)		-		-		-
Naked Inc. - 31 January 2017		-		-		-		-		-
PS Holdings No. 2 Pty Limited - 30 June 2015		(21,078)		-		-		-		-
FOH Online Inc. – 31 January 2018		-		3,518,009

During the period presented transactions with Cullen Investments Limited include a recovery for Cullen Investments Limited costs paid for by Bendon Group of $1,515,644 (2017: $3,438,307, 2016: $2,056,676, 2015: $628,604), which does not relate to Bendon Ltd's trading such as director costs and employee time. Cullen require assistance with investment appraisal activities and Bendon provides these services to Cullen. There is no foreign currency option contract in current period (2017: $1,012,871, 2016: 3,546,255, 2015: Nil). During the period the Cullen Group provided services to Bendon and Bendon provided services in New Zealand and Australia of the Cullen Group. Cullen Group has also assisted the Company with various cashflow requirements over the year. The loans to Bendon are separately set out in note 16 and is classified as a subordinated loan. The rest of the trading between Bendon and Cullen Group is included in the receivable loan account. This amount is expected to be settled in the next 12 months.

Whitespace Atelier Limited ("Whitespace") is owned by a KMP at Bendon Limited. Beginning 1 Feb 2017, Whitespace is engaged by the Group to procure stock from various suppliers at competitive prices. During the year ended 31 January 2018, purchases amounting to $13,281,727 have been made from Whitespace. As at 31 January 2018, the Group has made prepayments to Whitespace amounting to $272,665 (31 January 2017 : Nil).

As at 31 January 2018, the Group has a payable balance with Naked Brand Inc. of $1,368,577 (2017: nil). On October 4, 2017, the Group entered into a consignment agreement with Naked Brand Group Inc. for the purpose of facilitating a sale of the consigned goods by the Group. As at 31 January 2018, the amount owing to Naked Brand Group Inc. is $608,480 in relation to this agreement. Also within the related party payable balance, it also includes payable of $430,420 for expenses incurred by Naked on behalf of the Group, and payable of $329,677 for fourth quarter operating loss reimbursement payable per the Second Amendment to the Merger Agreement.

On 31 December 2017, Cullen Investments Limited acquired FOH Online Corp. with 100% voting shares. Under the current licence agreement between FOH Online Corp and Bendon Limitd, the consolidated statement of comprehensive income for the year ended 31 January 2018 includes revenue and net loss before tax of $1,078,077 and $617,814 respectively (31 January 2017: nil) . As at 31 January 2018, the Group has a receivable balance with FOH Online Corp. of $3,518,009 (31 January 2017: nil).

As at 31 January 2018, the Group has subordinated loans with EJ Group Limited which is a company owned by Eric Watson, who is also an ultimate shareholder of Bendon. The subordinated loans are also disclosed in note 16.

Cash Flow Information

12 Months Ended

Jan. 31, 2018

Cash Flow Information [Abstract]

Disclosure of cash flow statement [text block]

32	Cash Flow Information

Reconciliation of result for the year to cashflows from operating activities

Reconciliation of net income to net cash provided by operating activities:

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Loss for the period		(37,593)		(15,979)		(20,746)		(13,105)
Cash flows excluded from profit attributable to operating activities interest paid on borrowings		8,792		6,238		10,182		4,402
Non-cash flows in profit:
- depreciation and amortisation expense		3,030		1,842		3,516		5,718
- impairment expense		1,914		292		2,157		-
- fair value gain/(loss) on Convertible Notes derivative		(2,393)		592		-		-
Changes in assets and liabilities:
- (increase) in trade and other receivables		14,925		(4,748)		(6,518)		(1,046)
- (increase) in current tax receivable		52		35		(88)		-
- (increase)/decrease in derivative assets		-		-		2,289		(2,225)
- (increase)/decrease in inventories		6,638		(179)		8,088		(15,646)
- (increase)/decrease in deferred tax asset/(liability)		-		-		5,589		(2,160)
- (increase) in related party receivables		(906)		(3,438)		(5,603)		(650)
- increase/(decrease) in trade and other payables		6,956		2,078		(11,113)		12,817
- increase/(decrease) in income taxes payable		152		635		(483)		36
- increase/(decrease) in provisions		39		367		311		(2,507)
- increase/(decrease) in foreign currency derivative liability		(5,104)		(1,343)		5,530		(1,982)
- net exchange differences		(618)		90		1,849		(851)
Cashflows from operations		(4,116)		(13,518)		(5,040)		(17,199)

Events occurring after the reporting date

12 Months Ended

Jan. 31, 2018

Events After Reporting Period [Abstract]

Disclosure of events after reporting period [text block]

33	Events occurring after the reporting date

Subsequent to the end of the financial year the Company entered into a Deed of Amendment with their banker BNZ to reduce the facility as at 31 January 2018 of NZD$36.4 million to NZD$20 million. In addition the new facility takes over guarantees and financial instruments totaling NZD$1,345,000.

The new facility has been provided for 12 months to 14 June 2019 and is subject to four undertakings being: Interest cover ratio of three times that is first tested as at 30 April 2019; gross EBITDA ratio measured to 3 months to September 2018 of $0, six months to 30 December 2018 is greater than $3 million; inventory and receivables ratio must be greater than 2 times being first measured as at 30 September 2018; and the actual sales and gross margin must not vary by more than 10% from the budget submitted to the Bank.

Subsequent to the end of the financial period and up to 13 June 2018 the Company issued new ordinary shares to the value of $USD$23.5 million. The share capital has been used to reduce the outstanding Bank facilities as at 31 January 2018 to the new Bank facility limit of NZD$20 million described above.

Subsequent to the end of the financial year on 28 June 2018 the Company entered into a Loan facility Agreement with an associate of a major shareholder that provides the Company with a standby facility that makes available to the Company a loan facility to fund creditor calls, working capital, and or servicing of repayment of debt facilities. The facility is split between Facility A which is a NZD$10 million amount available for the purpose or creditor calls and working capital; and Facility B which is a NZD$10 million amount for the purpose of repayment of the Company’s debt with BNZ in the event the Company’s Bank gives notice to reduce or repay the facility. Each facility is subject to a facility fee of NZD$500,000 upon first draw down from each facility.

The facility expires on the second anniversary of the date of the agreement.Interest is payable under the facility on amounts drawn at a rate of 7.5%.

In the event the Company having outstanding indebeteness under the agreement, the borrower grants to the lender an option to convert all or part of the indebeteness into shares of the Company, where the number of shares are determined by the greater of a caclucation using the closing share price and the 30 day VWAP

The Company and Naked Brands Inc completed a merger on 19 June 2018 that was approved by the Naked shareholders on 11 June 2018. The combined group will be known as Naked Brands Group Limited an Australian domiciled entity listed on the Nasdaq.

Subsequent to the end of the financial period, the shareholder loan converted to equity on closing of the merger with Naked Brands Inc.

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Jan. 31, 2018

Summary of Significant Accounting Policies [Abstract]

Going concern

(a)

Going concern

As a result the Director has prepared the financial report on a going concern basis.

Basis for consolidation

(b)

Basis for consolidation

Subsidiaries

Business combinations

(c)

Business combinations

The fair value of identifiable assets and liabilities acquired are recognised in the consolidated financial statements at the acquisition date.

All acquisition-related costs are recognised as expenses in the periods in which the costs are incurred except for costs to issue debt or equity securities.

Income Tax

(d)

Income Tax

The tax expense/(benefit) recognised in the consolidated statements of profit or loss and other comprehensive income comprises of current income tax expense plus deferred tax expense/(benefit).

Deferred tax is not provided for the following:

Taxable temporary differences arising on the initial recognition of goodwill.

Leases

(e)

Leases

Lease payments for operating leases, where substantially all of the risks and benefits remain with the lessor, are charged as expenses on a straight-line basis over the life of the lease term.

Lease incentives under operating leases are recognised as a liability and amortised on a straight-line basis over the life of the lease term.

Revenue and other income

(f)

Revenue and other income

Sale of goods

Interest revenue

Interest is recognised using the effective interest method.

Dividend revenue

Dividends are recognised when the entity’s right to receive payment is established.

Rendering of services

Revenue from service transactions are recognised as services are performed.

Other income

Other income is recognised on an accruals basis when the Group is entitled to it.

Brand management, administrative and corporate expenses

(g)

Brand management, administrative and corporate expenses

Borrowing costs

(h)

Borrowing costs

All other borrowing costs are recognised as an expense in the period in which they are incurred.

Inventories

(i)

Inventories

Property, plant and equipment

(j)

Property, plant and equipment

Plant and equipment

Plant and equipment are measured using the cost model.

Depreciation

Property, plant and equipment, is depreciated on a straight-line basis over the assets useful life to the Group, commencing when the asset is ready for use.

The estimated useful lives used for each class of depreciable asset are shown below:

Fixed asset class		Useful life
Leasehold improvements		1 - 10 years
Plant, furniture, fittings and motor vehicles		3 - 7 years

Financial instruments

(k)

Financial instruments

Financial instruments are recognised initially using trade date accounting, i.e. on the date that the Group becomes party to the contractual provisions of the instrument.

Financial Assets

Financial assets are divided into the following categories which are described in detail below:

loans and receivables; and

financial assets at fair value through profit or loss.

Loans and receivables

After initial recognition these are measured at amortised cost using the effective interest method, less provision for impairment. Any change in their value is recognised in profit or loss.

The Group’s trade and other receivables fall into this category of financial instruments.

The amount of the impairment is the difference between the net carrying amount and the present value of the future expected cash flows associated with the impaired receivable.

Financial assets at fair value through profit or loss

Financial assets at fair value through profit or loss include financial assets:

acquired principally for the purpose of selling in the near future

designated by the entity to be carried at fair value through profit or loss upon initial recognition or

which are derivatives not qualifying for hedge accounting.

The Group has some derivatives which are classified as financial assets at fair value through profit or loss.

Assets included within this category are carried in the consolidated balance sheets at fair value with changes in fair value recognised in finance income or expenses in profit or loss.

Financial liabilities

The Group’s financial liabilities include borrowings, trade and other payables (including finance lease liabilities), which are measured at amortised cost using the effective interest rate method.

All of the Group’s derivative financial instruments that are not designated as hedging instruments are accounted for at fair value through profit or loss.

Impairment of financial assets

At the end of the reporting period the Group assesses whether there is any objective evidence that a financial asset or group of financial assets is impaired.

Financial assets at amortised cost

Impairment on loans and receivables is reduced through the use of an allowance accounts, all other impairment losses on financial assets at amortised cost are taken directly to the asset.

Subsequent recoveries of amounts previously written off are credited against other expenses in profit or loss.

Impairment of non-financial assets

(l)

Impairment of non-financial assets

At the end of each reporting period the Group determines whether there is an evidence of an impairment indicator for non-financial assets.

Where an indicator exists and regardless for goodwill, indefinite life intangible assets and intangible assets not yet available for use, the recoverable amount of the asset is estimated.

Where assets do not operate independently of other assets, the recoverable amount of the relevant cash-generating unit (CGU) is estimated.

Where the recoverable amount is less than the carrying amount, an impairment loss is recognised in profit or loss.

Reversal indicators are considered in subsequent periods for all assets which have suffered an impairment loss, except for goodwill.

Cash and cash equivalents

(m)

Cash and cash equivalents

Trade receivables

(n)

Trade receivables

Trade receivables are recognised initially at fair value and subsequently measured at amortised cost using the effective interest method, less provision for impairment.

Trade and other payables

(o)

Trade and other payables

Intangibles

(p)

Intangibles

Goodwill

Goodwill is carried at cost less accumulated impairment losses. Goodwill is calculated as the excess of the sum of:

the consideration transferred;

ii)

any non-controlling interest; and

iii)

the acquisition date fair value of any previously held equity interest;

over the acquisition date fair value of net identifiable assets acquired in a business combination.

Patents and licences

Software

Software has a finite life and is carried at cost less any accumulated amortisation and impairment losses. It has an estimated useful life of between one and three years.

Brands

Brand assets relate to brands owned by the Group that have arisen on historical acquisitions. These assets were initially measured at fair value.

Amortisation

Amortisation methods, useful lives and residual values are reviewed at each reporting date and adjusted if appropriate.

Employee benefits

(q)

Employee benefits

(i)

Short-term obligations

(ii)

Other long-term employee benefit obligations

Provisions

(r)

Provisions

Provisions recognised represent the best estimate of the amounts required to settle the obligation at the end of the reporting period.

(i)

Lease incentive provision

(ii)

Onerous contract provision

(iii)

Make good provision

Earnings/(loss) per share

(s)

Earnings/(loss) per share

(i) Basic earnings/(loss) per share

Basic earnings/(loss) per share is calculated by dividing:

the profit/(loss) attributable to owners of the Company, excluding any costs of servicing equity other than ordinary shares

by the weighted average number of ordinary shares outstanding during the financial year.

(ii) Diluted earnings/(loss) per share

Diluted earnings/(loss) per share adjusts the figures used in the determination of basic earnings per share to take into account:

the after income tax effect of interest and other financing costs associated with dilutive potential ordinary shares, and

the weighted average number of additional ordinary shares that would have been outstanding assuming the conversion of all dilutive potential ordinary shares.

Borrowings

(t)

Borrowings

Borrowings are classified as current liabilities unless the Group has an unconditional right to defer settlement of the liability for at least 12 months after the reporting period.

Convertible Notes

(u)

Convertible Notes

Share capital

(v)

Share capital

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of ordinary shares are recognised as a deduction from equity, net of any tax effects.

Foreign currency transactions and balances

(w)

Foreign currency transactions and balances

Transaction and balances

Foreign currency transactions are recorded at the spot rate on the date of the transaction.

At the end of the reporting period:

Foreign currency monetary items are translated using the closing foreign currency rate;

Non-monetary items that are measured at historical cost are translated using the exchange rate at the date of the transaction; and

Non-monetary items that are measured at fair value are translated using the rate at the date when fair value was determined.

Group companies

The financial results and position of foreign operations whose functional currency is different from the Group's presentation currency are translated as follows:

	·	assets and liabilities are translated at period-end exchange rates prevailing at that reporting date;
	·	income and expenses are translated at average exchange rates for the period where the average rate approximates the rate at the date of the transaction; and
	·	retained earnings are translated at the exchange rates prevailing at the date of the transaction.

Adoption of new and revised accounting standards

(x)

Adoption of new and revised accounting standards

New Accounting Standards and Interpretations

(y)

New Accounting Standards and Interpretations

			Mandatory
			application
Title of			date/Date of
Standard	Nature of change	Impact	adoption by Group
IFRS 9 Financial Instruments	IFRS 9 addresses the classification, measurement and derecognition of financial assets and financial liabilities and introduces new rules for hedge accounting. In December 2014, the IASB made further changes to the classification and measurement rules and also introduced a new impairment model. These latest amendments now complete the new financial instruments standard.	Following the changes approved by the IASB in December 2014, the Group no longer expects any impact from the new classification, measurement and derecognition rules on the Group's financial assets and financial liabilities. There will also be no impact on the Group's accounting for financial liabilities, as the new requirements only affect the accounting for financial liabilities that are designated at fair value through profit or loss and the Group does not have any such liabilities. The new impairment model is an expected credit loss (ECL) model which may result in the earlier recognition of credit losses. The Group does not expect any material impact on transition to the new model.	Must be applied for financial years commencing on or after 1 January 2018. The Group will adopt IFRS 9 for the financial year beginning 1 February 2018.

IFRS 15 Revenue from Contracts with Customers	The IASB has issued a new standard for the recognition of revenue. This will replace IAS 18 which covers contracts for goods and services and IAS 11 which covers construction contracts. The new standard is based on the principle that revenue is recognised when control of a good or service transfers to a customer so the notion of control replaces the existing notion of risks and rewards. The standard permits a modified retrospective approach for the adoption. Under this approach entities will recognise transitional adjustments in retained earnings on the date of initial application (e.g. 1 February 2018), i.e. without restating the comparative period. The new rules are applied to contracts that are not completed as of the date of initial application.	Management is currently assessing the impact of the new Standard Management have yet to quantify the potential impact of any adjustments.	Mandatory for financial years commencing on or after 1 January 2018. Expected date of adoption by the Group: 1 February 2018.

IFRS 16 Leases	The IASB has issued a new standard for leases. This will replace IAS 17. The main impact on lessees is that almost all leases go on balance sheet. This is because the balance sheet distinction between operating and finance leases is removed for lessees. Instead, under the new standard an asset (the right to use the leased item) and a financial liability to pay rentals are recognised. The only exemptions are short-term and low-value leases.	Management is currently assessing the impact of the new rules and believes the adoption of the provisions of this update will have a material impact on the Company's consolidated financial statements. The new standard will require that we record a liability and a related asset on the balance sheet for our leased facilities. Management have yet to quantify the potential impact of any adjustments.	Management is currently assessing the impact of the new rules and believes the adoption of the provisions of this update will have a material impact on the Company's consolidated financial statements. Mandatory for financial years commencing on or after 1 January 2019. Expected date of adoption by the Group: 1 February 2019.

IFRC 23 Uncertainty over Income Tax Treatments (IFRIC 23)	On June 7, 2017, the IASB issued IFRIC 23, Uncertainty over Income Tax Treatments ("IFRIC 23"). IFRIC 23 clarifies the application of recognition and measurement requirements in IAS 12, Income Taxes, when there is uncertainty over income tax treatments. The IFRIC 23 interpretation specifically addresses whether an entity considers uncertain tax treatments separately; the assumptions an entity makes about the examination of tax treatments by taxation authorities; how an entity determines taxable profit (tax loss), tax bases, unused tax losses, unused tax credits and tax rates; and how an entity considers changes in facts and circumstances.	The Company is currently evaluating the impact of adopting this standard on the consolidated financial statements.	IFRIC 23 is effective for annual periods beginning on or after January 1, 2019, with earlier application permitted.

Operating segments

(z)

Operating segments

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jan. 31, 2018

Summary of Significant Accounting Policies [Abstract]

Disclosure Of Detailed Information About Useful Lives Property Plant And Equipment Explanatory [text block]

The estimated useful lives used for each class of depreciable asset are shown below:

Fixed asset class		Useful life
Leasehold improvements		1 - 10 years
Plant, furniture, fittings and motor vehicles		3 - 7 years

Revenue and Other Income (Tables)

12 Months Ended

Jan. 31, 2018

Revenue and Other Income [Abstract]

Disclosure of detailed information about revenue from continuing operations [Text Block]

Revenue from continuing operations

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Gross revenue		145,452		104,007		163,481		149,403
Rebates		(14,064)		(7,723)		(12,481)		(10,565)
		131,388		96,284		151,000		138,838

Sale of goods
- Retail		53,150		34,460		58,837		56,494
- Wholesale		45,901		43,379		77,729		76,570
- Online		32,234		18,157		6,724		5,750
		131,285		95,996		143,290		138,814

Services		-		-		7,702		-
Other income		103		288		8		24
		131,388		96,284		151,000		138,838

Loss for the Period (Tables)

12 Months Ended

Jan. 31, 2018

profit loss from operating activitiesprofit loss from operating activities [Abstract]

Disclosure of detailed information about profit loss from operating activities [text block]

The loss for the period was derived after charging / (crediting) the following items that are unusual and of significance because of their size, nature and incidence:

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Finance Costs
- Interest expense on external borrowings		5,431		2,923		3,140		2,476
- Interest expense on shareholder loans		2,807		3,040		7,042		3,192
- Interest expense on finance lease		-		-		-		50
- Amortisation on loan set up costs		553		275		227		152
		8,791		6,238		10,409		5,870

Other (gains)/losses
- Fair value (gain)/loss on foreign exchange contracts		(502)		2,135		7,660		(6,330)
- Net foreign exchange(gains)/losses		(255)		1,171		(5,237)		1,630
		(757)		3,306		2,423		(4,700)

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Brand transition, restructure and transaction expenses
- Brand transition expenses		-		-		884		10,160
- Onerous contracts		(265)		1,166		789		329
- Restructure expenses		215		103		559		111
- Transaction expenses		3,322		52		-		1,582
		3,272		1,321		2,232		12,182

Disclosure of detailed information about profit loss from operating activities in connection with specific expenses [text block]

The loss for the period includes the following specific expenses:

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Employee benefits expense:
- Salaries and wages		33,613		19,917		33,666		31,266
- Defined contribution expenses		545		1,022		1,588		1,466
		34,158		20,939		35,254		32,732

Depreciation		2,724		1,664		2,966		3,359
Amortisation		306		178		323		891
Impairment loss		1,914		292		2,157		-
		4,944		2,134		5,446		4,250

Rental expense on operating leases:
- Lease payments		10,807		6,485		11,034		10,488
- Sublease payments received		(483)		(354)		(567)		(475)
		10,324		6,131		10,467		10,013

Income Tax Expense/(benefit) (Tables)

12 Months Ended

Jan. 31, 2018

Income taxes [Abstract]

Disclosure of detailed information about major components of tax expense income [text block]

(a) The major components of tax expense/(benefit) comprise:

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Current tax
Current tax on profits for the period		537		807		301		313
Adjustments for current tax of prior periods		(477)		58		(344)		412
Total current tax expense/(benefit)		60		865		(43)		725

Deferred tax expense/(benefit)
Decrease/(increase) in deferred tax assets (note 25)		-		-		5,589		(1,999)
Income tax expense/(benefit) for continuing operations		60		865		5,546		(1,274)

Disclosure of detailed information about reconciliation of accounting profit multiplied by applicable tax rates [text block]

Reconciliation of income tax to accounting profit:

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Loss before income tax		(37,533)		(15,114)		(15,200)		(14,379)
Tax at New Zealand tax rate of 28% (2017: 28%, 2016: 28%, 2015: 28%)		(10,509)		(4,232)		(4,256)		(4,026)

Tax effect of:
- permanent differences (including impairment expense)		(105)		(6)		757		23
- adjustments in respect of current income tax of previous years		(449)		41		(237)		378
- effects of different tax rates of subsidiaries operating in other jurisdictions		(30)		(15)		(42)		(382)
- deferred tax assets relating to prior periods no longer recognised (note 25)		-		-		5,589		-
- deferred tax assets relating to the current year not brought to account		11,150		5,119		3,934		2,630
- other		3		(42)		(199)		103
Income tax expense/(benefit)		60		865		5,546		(1,274)

Disclosure of detailed information about tax losses not recognised [text block]

Tax losses not recognised

For the 7

For the Year

Months

For the Year

Ended 31

Ended 30

January 2018

January 2017

June 2016

June 2015

NZ$000's

Unused tax losses for which no deferred tax asset has been recognised

87,455

43,269

23,765

10,236

Potential tax benefit at 28%

24,487

12,115

6,654

2,866

Disclosure of detailed information about temporary differences not recognised [text block]

Temporary differences not recognised

For the 7

For the Year

Months

For the Year

Ended 31

Ended 30

January 2018

January 2017

June 2016

June 2015

NZ$000's

Temporary differences for which no deferred tax asset has been recognised

14,661

18,703

19,924

Potential tax benefit at 28%

4,105

5,237

5,579

Operating Segments (Tables)

12 Months Ended

Jan. 31, 2018

Operating Segments [Abstract]

Disclosure of detailed information about reconciliation of segment revenue to consolidated statements of profit or loss and other comprehensive income [text block]

Reconciliation of segment revenue to consolidated statements of profit or loss and other comprehensive income:

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Total segment revenue		156,311		113,031		176,145		166,553
Intersegment eliminations		(24,923)		(16,747)		(32,855)		(27,739)
Other revenue		-		-		7,710		24
Total revenue		131,388		96,284		151,000		138,838

Disclosure of detailed information about reconciliation of segment earnings before interest, tax, depreciation and amortisation to consolidated statements of profit or loss and other comprehensive income [text block]

The Board meets on a monthly basis to assess the performance of each segment, net operating profit does not include non-operating revenue and expenses such as dividends, fair value gains and losses.

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Segment EBITDA		(24,053)		(2,126)		10,470		3,420
Income tax (expense)/benefit		(60)		(865)		(5,546)		1,274
Other revenue		-		-		7,710		24
Any other reconciling items		(13,480)		(12,988)		(33,380)		(17,823)
Total net loss after tax		(37,593)		(15,979)		(20,746)		(13,105)

Disclosure of geographical areas [text block]

In presenting information on the basis of geographical segments, segment revenue is based on the geographical location of customers whereas segment assets are based on the location of the assets.

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
New Zealand		46,665		30,676		62,109		54,834
Australia		38,208		32,913		53,193		51,997
United States		32,323		23,146		19,167		14,435
Europe		14,192		9,549		16,531		17,572
		131,388		96,284		151,000		138,838

Disclosure of detailed information about segment performance [Text Block]

(c)

Segment performance

					NZ		AU		US		EU
	NZ Retail		AU Retail		Wholesale		Wholesale		Wholesale		Wholesale		e-commerce		Unallocated		Total
For the year ended 31 January 2018	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
Revenue from external customers		34,269		18,236		10,453		15,512		6,390		14,192		32,234		-		131,286
Service income		-		-		-		-		-		-		-		102		102
		34,269		18,236		10,453		15,512		6,390		14,192		32,234		102		131,388
Cost of sales		(16,488)		(9,457)		(8,213)		(12,545)		(6,438)		(10,221)		(20,974)		(3,123)		(87,459)
Gross margin		17,781		8,779		2,240		2,967		(48)		3,971		11,260		(3,021)		43,929
Other segment expenses*		(13,451)		(11,329)		(1,068)		(3,781)		(3,301)		(2,904)		(11,520)		-		(47,354)
Unallocated expenses
Administrative expenses		-		-		-		-		-		-		-		(1,101)		(1,101)
Corporate expenses		-		-		-		-		-		-		-		(19,150)		(19,150)
Other foreign exchange gain/loss		-		-		-		-		-		-		-		(377)		(377)
EBITDA		4,330		(2,550)		1,172		(814)		(3,349)		1,067		(260)		(23,649)		(24,053)
Brand transition, restructure and transaction expenses		-		-		-		-		-		-		-		(3,272)		(3,272)
Finance expense		-		-		-		-		-		-		-		(8,791)		(8,791)
Impairment expense		-		-		-		-		-		-		-		(1,914)		(1,914)
Depreciation and amortisation		-		-		-		-		-		-		-		(3,030)		(3,030)
Fair value gain/(loss) on foreign exchange contracts		-		-		-		-		-		-		-		(502)		(502)
Unrealised foreign exchange gain/(loss)		-		-		-		-		-		-		-		1,636		1,636
Fair value gain/(loss) on Convertible Notes derivative		-		-		-		-		-		-		-		2,393		2,393
Loss before income tax expense		4,330		(2,550)		1,172		(814)		(3,349)		1,067		(260)		(37,129)		(37,533)
Income tax expense		-		-		-		-		-		-		-		(60)		(60)
Loss after income tax expense		4,330		(2,550)		1,172		(814)		(3,349)		1,067		(260)		(37,189)		(37,593)

					NZ		AU		US		EU
	NZ Retail		AU Retail		Wholesale		Wholesale		Wholesale		Wholesale		e-commerce		Unallocated		Total
For the 7 months ended 31 January 2017	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
Revenue from external customers		21,953		12,053		7,484		18,091		9,015		9,548		18,140		-		96,284
		21,953		12,053		7,484		18,091		9,015		9,548		18,140		-		96,284
Cost of sales		(9,707)		(5,592)		(4,961)		(11,431)		(6,934)		(6,277)		(11,902)		(340)		(57,144)
Gross margin		12,246		6,461		2,523		6,660		2,081		3,271		6,238		(340)		39,140
Other segment expenses*		(7,480)		(6,196)		(475)		(2,089)		(2,065)		(2,013)		(3,654)		(8,068)		(32,040)
Unallocated expenses
Administrative expenses		-		-		-		-		-		-		-		(541)		(541)
Corporate expenses		-		-		-		-		-		-		-		(8,082)		(8,082)
Other foreign exchange gain/loss		-		-		-		-		-		-		-		(603)		(603)
EBITDA		4,766		265		2,048		4,571		16		1,258		2,584		(17,634)		(2,126)
Brand transition, restructure and transaction expenses		-		-		-		-		-		-		-		(1,321)		(1,321)
Finance expense		-		-		-		-		-		-		-		(6,238)		(6,238)
Impairment expense		-		(281)		-		-		-		-		-		(11)		(292)
Depreciation and amortisation expense		-		-		-		-		-		-		-		(1,842)		(1,842)
Fair value gain/(loss) on foreign exchange contracts		-		-		-		-		-		-		-		(2,135)		(2,135)
Unrealised foreign exchange (gain)/loss		-		-		-		-		-		-		-		(568)		(568)
Fair value (gain)/loss on Convertible Note derivative		-		-		-		-		-		-		-		(592)		(592)
Loss before income tax expense		4,766		(16)		2,048		4,571		16		1,258		2,584		(30,341)		(15,114)
Income tax expense		-		-		-		-		-		-		-		(865)		(865)
Loss after income tax expense		4,766		(16)		2,048		4,571		16		1,258		2,584		(31,206)		(15,979)

* Other segment expenses relate to brand management expenses and some corporate expenses.

					NZ		AU		US		EU
	NZ Retail		AU Retail		Wholesale		Wholesale		Wholesale		Wholesale		e-commerce		Unallocated		Total
For the year ended 30 June 2016	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
Revenue from external customers		37,389		20,680		15,071		28,021		18,876		16,531		6,722		-		143,290
Service income		-		-		-		-		-		-		-		7,702		7,702
Other income		-		-		-		-		-		-		-		8		8
		37,389		20,680		15,071		28,021		18,876		16,531		6,722		7,710		151,000
Cost of sales		(16,053)		(8,930)		(10,721)		(18,056)		(14,540)		(11,658)		(3,582)		15		(83,525)
Gross margin		21,336		11,750		4,350		9,965		4,336		4,873		3,140		7,725		67,475
Other segment expenses*		(12,263)		(9,835)		(709)		(3,520)		(2,817)		(3,204)		(2,039)		(13,975)		(48,362)
Unallocated expenses
Administrative expenses		-		-		-		-		-		-		-		(801)		(801)
Corporate expenses		-		-		-		-		-		-		-		(13,002)		(13,002)
Other foreign exchange gain/loss		-		-		-		-		-		-		-		5,160		5,160
EBITDA		9,073		1,915		3,641		6,445		1,519		1,669		1,101		(14,893)		10,470
Brand transition, restructure and transaction expenses		-		-		-		-		-		-		-		(2,232)		(2,232)
Finance expense		-		-		-		-		-		-		-		(10,409)		(10,409)
Impairment expense		-		-		-		-		-		-		-		-		-
Depreciation and amortisation expense		-		-		-		(2,157)		-		-		-		(3,289)		(5,446)
Fair value gain/(loss) on foreign exchange contracts		-		-		-		-		-		-		-		(7,660)		(7,660)
Unrealised foreign exchange (gain)/loss		-		-		-		-		-		-		-		77		77
Loss before income tax expense		9,073		1,915		3,641		4,288		1,519		1,669		1,101		(38,406)		(15,200)
Income tax expense		-		-		-		-		-		-		-		(5,546)		(5,546)
Loss after income tax expense		9,073		1,915		3,641		4,288		1,519		1,669		1,101		(43,952)		(20,746)

* Other segment expenses relate to brand management expenses and some corporate expenses.

					NZ		AU		US		EU
	NZ Retail		AU Retail		Wholesale		Wholesale		Wholesale		Wholesale		e-commerce		Unallocated		Total
For the year ended 30 June 2015	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
Revenue from external customers		37,089		18,491		16,333		29,817		13,853		17,548		5,683		-		138,814
		-		-		-		-		-		-		-		24		24
		37,089		18,491		16,333		29,817		13,853		17,548		5,683		24		138,838
Cost of sales		(16,270)		(8,066)		(10,978)		(18,461)		(10,929)		(11,258)		(3,072)		3		(79,031)
Gross margin		20,819		10,425		5,355		11,356		2,924		6,290		2,611		27		59,807
Other segment expenses*		(11,885)		(7,624)		(1,787)		(2,449)		(2,536)		(3,266)		(1,991)		(10,665)		(42,203)
Unallocated expenses
Administrative expenses		-		-		-		-		-		-		-		(441)		(441)
Corporate expenses		-		-		-		-		-		-		-		(13,940)		(13,940)
Other foreign exchange gain/loss		-		-		-		-		-		-		-		197		197
EBITDA		8,934		2,801		3,568		8,907		388		3,024		620		(24,822)		3,420
Brand transition, restructure and transaction expenses		-		-		-		-		-		-		-		(12,182)		(12,182)
Finance expense		-		-		-		-		-		-		-		(5,870)		(5,870)
Depreciation and amortisation expense		-		-		-		-		-		-		-		(4,250)		(4,250)
Fair value gain/(loss) on foreign exchange contracts		-		-		-		-		-		-		-		6,330		6,330
Unrealised foreign exchange (gain)/loss		-		-		-		-		-		-		-		(1,827)		(1,827)
Loss before income tax expense		8,934		2,801		3,568		8,907		388		3,024		620		(42,621)		(14,379)
Income tax expense		-		-		-		-		-		-		-		1,274		1,274
Loss after income tax expense		8,934		2,801		3,568		8,907		388		3,024		620		(41,347)		(13,105)

* Other segment expenses relate to brand management expenses and some corporate expenses.

Cash and Cash Equivalents (Tables)

12 Months Ended

Jan. 31, 2018

Cash and Cash Equivalents [Abstract]

Schedule of cash and cash equivalents [Text Block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Cash on hand		54		48		47		52
Cash at bank		10,685		2,596		4,146		1,194
		10,739		2,644		4,193		1,246

Trade and Other Receivables (Tables)

12 Months Ended

Jan. 31, 2018

Trade and other receivables [abstract]

Schedule of trade and other receivables [Text Block]

		31 January		31 January		30 June		30 June
		2018		2017		2016		2015
		NZ$000's		NZ$000's		NZ$000's		NZ$000's
Trade receivables			9,982		26,499		20,603		16,020
Provision for impairment	(a)		(326)		(537)		(268)		(340)
			9,656		25,962		20,335		15,680
Prepayments			1,792		1,779		2,659		935
Other receivables			1,717		349		347		206
			13,165		28,090		23,341		16,821

Disclosure of impairment loss and reversal of impairment loss [text block]

Reconciliation of changes in the provision for impairment of receivables is as follows:

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
		NZ$000's	NZ$000's		NZ$000's		NZ$000's
Balance at beginning of the period		(537)		(268)		(340)		(368)
Provision charged		(92)		(364)		(16)		-
Reversal of impairment		316		80		88		28
Foreign exchange movement		(13)		15		-		-
Balance at end of the period		(326)		(537)		(268)		(340)

Analysis of age of financial assets that are past due but not impaired [text block]

The ageing analysis of receivables is as follows:

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
0-30 days		7,945		14,883		12,769		14,209
31-60 days		335		2,566		1,934		466
61-90 days (past due not impaired)		489		2,166		1,081		472
61-90 days (considered impaired)		-		-		-		-
91+ days (past due not impaired)		1,213		6,884		4,551		533
91+ days (considered impaired)		-		-		268		340
		9,982		26,499		20,603		16,020

Disclosure of transfers of financial assets [text block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Transferred receivables		9,790		11,649		14,599		-

Inventories (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure of inventories [Abstract]

Disclosure of detailed information about Inventories [Text Block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Finished goods		31,451		37,904		37,998		46,424
Provision for impairment		(338)		(153)		(426)		(764)
		31,113		37,751		37,572		45,660

Property, plant and equipment (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure of detailed information about property, plant and equipment [abstract]

Disclosure of detailed information about property, plant and equipment [text block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Plant, furniture, fittings and motor vehicles
At cost		27,801		25,455		26,269		24,687
Accumulated depreciation		(25,788)		(23,182)		(22,855)		(21,176)
		2,013		2,273		3,414		3,511

Leasehold Improvements
At cost		10,762		10,132		10,640		11,111
Accumulated depreciation		(8,034)		(7,441)		(7,845)		(7,769)
		2,728		2,691		2,795		3,342
Total property, plant and equipment		4,741		4,964		6,209		6,853

Disclosure of detailed information about movements in carrying amounts of property, plant and equipment [Text Block]

Movement in the carrying amounts for each class of property, plant and equipment between the beginning and the end of the current financial period:

			Plant, furniture,
	Leasehold		fittings and
	improvements		motor vehicles		Total
		NZ$000's	NZ$000's		NZ$000's
Year ended 31 January 2018
Balance at the beginning of period		2,691		2,273		4,964
Additions		285		2,032		2,317
Disposals		(4)		(118)		(122)
Depreciation expense		(496)		(2,228)		(2,724)
Foreign exchange movements		252		54		306
Balance at the end of the year		2,728		2,013		4,741

			Plant, furniture,
	Leasehold		fittings and
	improvements		motor vehicles		Total
	NZ$000's		NZ$000's		NZ$000's
7 months ended 31 January 2017
Balance at the beginning of period		2,795		3,414		6,209
Additions		241		482		723
Depreciation expense		(296)		(1,368)		(1,664)
Impairment		-		(281)		(281)
Foreign exchange movements		(49)		26		(23)
Balance at the end of the year		2,691		2,273		4,964

			Plant, furniture,
	Leasehold		fittings and
	Improvements		motor vehicles		Total
	NZ$000's		NZ$000's		NZ$000's
Year ended 30 June 2016
Balance at the beginning of year		3,342		3,511		6,853
Additions		205		2,498		2,703
Disposals
Depreciation expense		(469)		(2,497)		(2,966)
Foreign exchange movements		(283)		(98)		(381)
Balance at the end of the year		2,795		3,414		6,209

					Plant, furniture,
	Plant under		Leasehold		fittings and
	finance lease		Improvements		motor vehicles		Total
	NZ$000’s		NZ$000's		NZ$000's		NZ$000's

Year ended 30 June 2015
Balance at the beginning of year		461		3,841		1,038		5,340
Additions		-		96		4,605		4,701
Depreciation expense		(461)		(657)		(2,242)		(3,360)
Foreign exchange movements		-		62		110		172
Balance at the end of the year		-		3,342		3,511		6,853

Intangible Assets (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure of detailed information about intangible assets [abstract]

Disclosure of detailed information about intangible assets [text block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Goodwill
Cost		-		-		2,157		2,347
Accumulated impairment		-		-		(2,157)		-
		-		-		-		2,347

Patents and licences
Cost		919		1,169		818		557
Accumulated amortisation and impairment		(718)		(573)		(544)		(540)
		201		596		274		17
Brands
Cost		12,463		12,036		12,105		12,702
Software
Cost		15,788		17,308		17,312		17,131
Accumulated amortisation and impairment		(15,440)		(15,260)		(15,116)		(14,816)
		348		2,048		2,196		2,315
Total Intangible assets		13,012		14,680		14,575		17,381

Disclosure of detailed information about movements in carrying amounts of intangible assets [Text Block]

			Patents and
	Software		licences		Brands		Goodwill		Total
	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
Year ended 31 January 2018
Balance at the beginning of the year		2,048		596		12,036		-		14,680
Additions		106		12		-		-		118
Amortisation		(163)		(143)		-		-		(306)
Impairment (refer note 12(c))		(1,650)		(264)		-		-		(1,914)
Foreign exchange movements		7		-		427		-		434
Closing value at 31 January 2018		348		201		12,463		-		13,012

			Patents and
	Software		licences		Brands		Goodwill		Total
	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
7 months ended 31 January 2017
Balance at the beginning of the period		2,196		274		12,105		-		14,575
Additions		-		351		-		-		351
Amortisation		(148)		(30)		-		-		(178)
Foreign exchange movements		-		1		(69)		-		(68)
Closing value at 31 January 2017		2,048		596		12,036		-		14,680

			Patents and
	Software		licences		Brands		Goodwill		Total
	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
Year ended 30 June 2016
Balance at the beginning of the year		2,315		17		12,702		2,347		17,381
Additions		211		264		-		-		475
Amortisation		(316)		(7)		-		-		(323)
Impairment		-		-		-		(2,157)		(2,157)
Foreign exchange movements		(14)		-		(597)		(190)		(801)
Closing value at 30 June 2016		2,196		274		12,105		-		14,575

			Patents and
	Software		licences		Brands		Goodwill		Total
	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
Year ended 30 June 2015
Balance at the beginning of the year		2,081		117		12,274		2,211		16,683
Additions		1,093		-		-		-		1,093
Amortisation		(787)		(104)		-		-		(891)
Foreign exchange movements		(72)		4		428		136		496
Closing value at 30 June 2015		2,315		17		12,702		2,347		17,381

Disclosure of information for cash-generating units [text block]

For the purpose of impairment testing, goodwill is allocated to cash-generating units as below:

For the Year

For the 7

For the Year

Ended

Months Ended

Ended

Description of the cash-generating unit (CGU)

31 January 2018

31 January 2017

30 June 2016

30 June 2015

NZ $000's

Australia

2,157

2,347

Impairment expense

(2,157)

2,347

Derivative Financial Instruments (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure Of Derivative Financial Instruments [Abstract]

Disclosure of fair value of financial instruments [text block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Current assets
Forward exchange contracts		-		-		-		2,289

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Current liabilities
Foreign exchange contracts		2,087		4,188		5,531		1

Derivative on Convertible Notes (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure Of Derivative On Convertible Notes [Abstract]

Disclosure of detailed information about Derivative On Convertible Notes [Text Block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Derivative on Convertible Notes		1,110		4,112		-		-

Trade and Other Payables (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure of Trade and Other Payables [Abstract]

Disclosure of detailed information about Trade And Other Current Payables [Text Block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
CURRENT
Trade payables		21,143		19,221		18,357		25,302
Accruals		9,568		7,503		6,934		9,096
Employee benefit liabilities		1,805		1,842		1,524		2,152
		32,516		28,566		26,815		36,550

Disclosure of detailed information about Trade And Other Non Current Payables [Text Block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Employee benefit liabilities		-		-		118		150

Borrowings (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure of borrowings [Abstract]

Disclosure of detailed information about borrowings [text block]

		31 January		31 January		30 June		30 June
		2018		2017		2016		2015
	Note	NZ$000's		NZ$000's		NZ$000's		NZ$000's

CURRENT
Secured liabilities:
Bank overdraft			-		-		-		18,064
Shareholder loans			10,951		8,200		29,281		16,918
Lease liability	22		-		-		-		105
Bank loans			16,000		16,000		-		17,841
Debt issuance costs in relation to bank loan			(218)		(656)		(565)		(42)
Working capital financing bank facility			22,489		31,710		32,877		3,387
Convertible notes			1,740		13,744		-		-
Other loan			1,159		-		-		-
			52,121		68,998		61,593		56,273

The fair value of borrowings is not considered to be materially different to their carrying amounts.

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

NON-CURRENT
Secured liabilities:
Bank loans		-		-		16,000		-

Provisions (Tables)

12 Months Ended

Jan. 31, 2018

Provisions [abstract]

Disclosure of detailed information about provisions [Text Block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

CURRENT
Lease contributions		412		480		342		353
Onerous contracts		264		377		-		233
Make good		430		671		513		200
		1,106		1,528		855		786

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

NON-CURRENT
Lease contributions		910		702		976		906
Onerous contracts		-		176		275		361
Make good		1,801		1,371		1,304		1,500
		2,711		2,249		2,555		2,767

Disclosure of detailed information about reconciliation of changes in other provisions [Text Block]

	Lease		Onerous
	contributions		contracts		Make good		Total
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Opening balance at 1 February 2017		1,182		553		2,042		3,777
Additional provisions recognised		635		-		595		1,230
Unused amounts reversed		-		-		(658)		(658)
Unwinding of discounts		-		-		271		271
Amounts used during the year		(547)		(289)		(77)		(913)
Exchange differences		52		-		58		110
Balance at 31 January 2018		1,322		264		2,231		3,817

Opening balance at 1 July 2016		1,318		275		1,817		3,410
Additional provisions recognised		145		508		353		1,006
Unused amounts reversed		-		-		(112)		(112)
Unwinding of discounts		-		-		(9)		(9)
Amounts used during the period		(269)		(230)		-		(499)
Exchange differences		(12)		-		(7)		(19)
Balance at 31 January 2017		1,182		553		2,042		3,777

Share Capital (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure of classes of share capital [abstract]

Disclosure Of Detailed Information About Share Capital [Text Block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
306,028 (2017: 274,839, 2016: 250,000, 2015: 250,000) Ordinary shares		68,727		27,948		3,108		3,108

Disclosure Of Detailed Information About Ordinary Shares Explanatory [Text Block]

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

At the beginning of the reporting period		27,948		3,108		3,108		3,108
Issuance of new shares		22,990		24,840		-		-
Convertible note maturity		17,789		-		-		-
At the end of the reporting period		68,727		27,948		3,108		3,108

The Company does not have authorised capital or par value in respect of its shares.

For the Year

Ended 31

Ended 30

January 2018

January 2017

June 2016

June 2015

Number

At the beginning of the period

274,839

250,000

Shares issued during the period

31,189

24,839

At the end of the period

306,028

274,839

250,000

Disclosure Of Detailed Information About Other Equity Explanatory [Text Block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Value of conversion rights - convertible notes		17,789		-		-		-

Disclosure of detailed information about gearing ratio [Text Block]

The gearing ratio is as follows:

		2018			2017			30 June 2016			30 June 2015
	Note	NZ$000's			NZ$000's			NZ$000's			NZ$000's
Total borrowings	16		52,121			68,998			77,593		56,273
Less Cash and cash equivalents	8		(10,739)			(2,644)			(4,193)		(1,246)
Net debt			41,382			66,354			73,400		55,027
Equity			(5,710)			(9,044)			(17,876)		2,839
Total Captial			35,672			57,310			55,524		57,866
Gearing ratio			116	%		116	%		132	%	95	%

Reserves (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure of reserves within equity [abstract]

Disclosure Of Detailed information about reserves within equity [Text Block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Foreign currency translation reserve
Opening balance		(2,154)		(2,125)		(2,156)		(2,063)
Transfers in		148		(29)		31		(93)
Balance at the end of the period		(2,006)		(2,154)		(2,125)		(2,156)

Loss per Share (Tables)

12 Months Ended

Jan. 31, 2018

Earnings Per Share [Abstract]

Disclosure of detailed information about earning loss per share [Text Block]

(a)

Basic and diluted loss per share

For the Year

Months

For the Year

Ended 31

Ended 30

January 2018

January 2017

June 2016

June 2015

NZ$

From continuing operations attributable to the ordinary equity holders of the company

(131.38)

(60.54)

(82.86)

(52.79)

Total basic and diluted loss per share attributable to the ordinary equity holders of the company

(131.38)

(60.54)

(82.86)

(52.79)

(b)

Reconciliation of loss used in calculating loss per share

For the 7

For the Year

Months

For the Year

Ended 31

Ended 30

January 2018

January 2017

June 2016

June 2015

NZ$000's

Basic and diluted loss per share

Profit/(loss) attributable to the ordinary equity holders of the company used in calculating basic earnings per share:

(37,445)

(16,008)

(20,715)

(13,198)

(c)

Weighted average number of shares used as the denominator

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	Number		Number		Number		Number
Weighted average number of ordinary shares used as the denominator in calculating basic and diluted loss per share		285,019		264,441		250,000		250,000

Accumulated Losses (Tables)

12 Months Ended

Jan. 31, 2018

Accumulated Losses [Abstract]

Disclosure of detailed information about retained earnings accumulated losses [Text Block]

For the 7

For the Year

Months

For the Year

Ended 31

Ended 30

January 2018

January 2017

June 2016

June 2015

NZ$000's

(Accumulated losses)/retained earnings at the beginning of the period

(34,838)

(18,859)

1,887

14,992

Loss for the period

(37,593)

(15,989)

(20,746)

(13,105)

(Accumulated Losses)/Retained Earnings at end of the period

(72,431)

(34,848)

(18,859)

1,887

Capital and Leasing Commitments (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure of capital and leasing commitments [Abstract]

Detailed information of finance leases explanatory [Text Block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Minimum lease payments:
- not later than one year		-		-		-		105
Minimum lease payments		-		-		-		105
Less: finance changes		-		-		-		-
Present value of minimum lease payments		-		-		-		105

Disclosure of detailed information about operating leases explenatory [Text Block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Minimum lease payments under non-cancellable operating leases:
- not later than one year		9,618		9,472		9,594		8,952
- between one year and five years		14,943		14,435		16,438		17,089
- later than five years		528		59		140		312
		25,089		23,966		26,172		26,353

Disclosure of detailed information about Contracted Commitments explanatory [Text Block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Licence contract
- not later than one year		3,797		3,652		3,696		3,147
- between one year and five years		12,009		15,917		16,775		15,808
- later than five years		-		-		2,283		6,652
		15,806		19,569		22,754		25,607

Lessor Commitments (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure of finance lease and operating lease by lessor [abstract]

Disclosure of finance lease and operating lease by lessor [text block]

The future minimum lease payments under non-cancellable leases are:

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
- no later than 1 year		166		503		620		431
- between 1 year and 5 years		-		1,076		1,217		565
- greater than 5 years		-		-		-		-
Total minimum lease payments		166		1,579		1,837		996

Financial Risk Management (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure of Financial Risk Management [Line Items]

Disclosure of financial risk management [text block]

The Group‘s liabilities have contractual maturities which are summarised below:

	Non-derivatives Borrowings NZ$000's		Non-derivatives Finance lease obligations NZ$000's		Non-derivatives Trade payables NZ$000's		Non-derivatives Bank guarantees NZ$000's		Non-derivatives Total NZ$000's		Derivatives Gross future cash settlement on forward currency contracts - inflow NZ$000's		Derivatives Gross future cash settlement on forward currency contracts - (outflow) NZ$000's		Derivatives Total NZ$000's
Not later than 1 month
31 January 2018		26,482		-		21,143		-		47,625		13,577		(13,950)		(373)
31 January 2017		56,333		-		19,221		-		75,554		2,078		(2,250)		(172)
30 June 2016		63,054		-		18,357		-		81,411		6,636		(7,097)		(461)
30 June 2015		22,322		66		25,302		-		47,690		-		-		-

1 to 3 months
31 January 2018		148		-		-		-		148		13,837		(14,453)		(616)
31 January 2017		129		-		-		-		129		9,900		(11,326)		(1,426)
30 June 2016		127		-		-		-		127		18,755		(20,454)		(1,699)
30 June 2015		996		40		-		-		1,036		1,841		(2,029)		(188)

3 months to 1 year
31 January 2018		27,247		-		-		-		27,247		20,895		(21,993)		(1,098)
31 January 2017		18,631		-		-		-		18,631		37,855		(40,445)		(2,590)
30 June 2016		572		-		-		-		572		36,397		(39,766)		(3,369)
30 June 2015		17,496		-		-		-		17,496		15,715		(17,133)		(1,418)

1 to 5 years
31 January 2018		-		-		-		-		-		-		-		-
31 January 2017		323		-		-		-		323		-		-		-
30 June 2016		16,763		-		-		582		17,345		-		-		-
30 June 2015		16,981		-		-		372		17,353		8,940		(9,623)		(683)

	Non-derivatives Borrowings NZ$000's		Non-derivatives Finance lease obligations NZ$000's		Non-derivatives Trade payables NZ$000's		Non-derivatives Bank guarantees NZ$000's		Non-derivatives Total NZ$000's		Derivatives Gross future cash settlement on forward currency contracts - inflow NZ$000's		Derivatives Gross future cash settlement on forward currency contracts - (outflow) NZ$000's		Derivatives Total NZ$000's

Total
31 January 2018		53,877		-		21,143		-		75,020		48,309		(50,396)		(2,087)
31 January 2017		75,416		-		19,221		-		94,637		49,833		(54,021)		(4,188)
30 June 2016		80,516		-		18,357		582		99,455		61,788		(67,317)		(5,529)
30 June 2015		57,795		106		25,302		372		83,575		26,496		(28,785)		(2,289)

Disclosure of credit risk exposure [text block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Trade receivables
Counterparty without external credit ratings
New customer less than 6 months		12		187		1,046		1,046
Existing customers (more than 6 months with default in past)		9,970		26,312		19,557		19,557
Total trade receivables		9,982		26,499		20,603		20,603

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Credit ratings
AA-		10,591		2,655		4,122		1,194
A+		94		(11)		24		-
		10,685		2,644		4,146		1,194

Disclosure of market risk [text block]

Foreign currency denominated financial assets and liabilities, translated into New Zealand Dollars at the closing rate, are as follows:

	AUD		USD		GBP		EUR		HKD		Total
	NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's		NZ$000's
31 January 2018
Trade receivables		328		199		-		1,376		-		1,903
Trade payables		781		11,209		74		29		53		12,146
Cash and cash equivalents		1,660		7,190		77		92		165		9,184
31 January 2017
Trade receivables		424		211		-		1,509		-		2,144
Trade payables		315		8,557		131		32		16		9,051
Cash and cash equivalents		926		401		131		388		28		1,874
30 June 2016
Trade receivables		531		30		-		1,828		-		2,389
Trade payables		203		12,438		117		8		35		12,801
Cash and cash equivalents		965		163		110		149		9		1,396
30 June 2015
Trade receivables		5		167		-		1,405		-		1,577
Trade payables		334		14,942		50		6		351		15,683
Cash and cash equivalents		422		194		135		103		60		914

Disclosure of detailed information about hedging instruments [text block]

The following table summarises the notional amount of the Group's commitments in relation to forward exchange contracts.

	Notional Amounts								Average Exchange Rate
	31 January 2018 NZ$000's		31 January 2017 NZ$000's		30 June 2016 NZ$000's		30 June 2015 NZ$000's		31 January 2018 $		31 January 2017 $		30 June 2016 $		30 June 2015 $
Buy USD / sell NZD
Settlement
Less than 6 months		48,149		47,292		38,697		24,932		0.7061		0.6687		0.6473		0.7320
6 months to 1 year		-		3,479		22,378		3,854		-		0.7186		0.6424		0.7136

Buy AUD / sell NZD
Settlement

	NZ$000's		NZ$000's		NZ$000's		NZ$000's		$		$		$		$
Less than 6 months		2,247		2,250		5,242		-		0.8900		0.8890		0.9066		-

Buy GBP / sell NZD
Settlement

	NZ$000's		NZ$000's		NZ$000's		NZ$000's		$		$		$		$
Less than 6 months		-		1,000		1,000		-		-		0.5784		0.4181		-

Disclosure of financial instruments by type of interest rate [text block]

Longer-term borrowings are therefore usually at fixed rates. At the reporting date, the Group is exposed to changes in market interest rates through its bank borrowings, which are subject to variable interest rates.

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Floating rate instruments
Bank overdraft		-		-		-		14,481
Working capital financing bank facility		22,489		31,710		32,877		3,387
Convertible notes		1,740		16,474		-		-
Borrowings		16,000		16,000		16,000		17,841
		40,229		64,184		48,877		35,709

Currency risk [member]

Disclosure of Financial Risk Management [Line Items]

Sensitivity analysis for types of market risk [text block]

	NZ$000's
	+10%		-10%
USD
Net results/Equity (31 January 2018)		(1,509)		1,509
Net results/Equity (31 January 2017)		(1,196)		1,196
Net results/Equity (30 June 2016)		(1,267)		1,267
Net results/Equity (30 June 2015)		(797)		797

AUD
Net results/Equity (31 January 2018)		(805)		805
Net results/Equity (31 January 2017)		86		(86)
Net results/Equity (30 June 2016)		75		(75)
Net results/Equity (30 June 2015)		7		(7)

GBP
Net results/Equity (31 January 2018)		(175)		175
Net results/Equity (31 January 2017)		34		(34)
Net results/Equity (30 June 2016)		(16)		16
Net results/Equity (30 June 2015)		(3)		3

EUR
Net results/Equity (31 January 2018)		(136)		136
Net results/Equity (31 January 2017)		186		(186)
Net results/Equity (30 June 2016)		142		(142)
Net results/Equity (30 June 2015)		108		(108)

HKD
Net results/Equity (31 January 2018)		(14)		14
Net results/Equity (31 January 2017)		1		(1)
Net results/Equity (30 June 2016)		(2)		2
Net results/Equity (30 June 2015)		(21)		21

Interest Rate Risk [Member]

Disclosure of Financial Risk Management [Line Items]

Sensitivity analysis for types of market risk [text block]

The calculations are based on the financial instruments held at each reporting date. All other variables are held constant.

	NZ$000's
	1.00%		-1.00%
	NZ$000's		NZ$000's
Net results/Equity (31 January 2018)		420		(420)
Net results/Equity (31 January 2017)		642		(642)
Net results/Equity (30 June 2016)		352		(352)
Net results/Equity (30 June 2015)		283		(283)

Tax assets and liabilities (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure of temporary difference, unused tax losses and unused tax credits [abstract]

Reconciliation of changes in deferred tax liability asset [Text Block]

	Opening Balance NZ$000's		Charged to Income NZ$000's		Charged directly to Equity NZ$000's	Changes in Tax Rate NZ$000's		Exchange Differences NZ$000's		Closing Balance NZ$000's
Deferred tax assets/(liabilities)
Property, plant and equipment		1,251		417			-		-		1,668
Doubtful debts		85		(5)			-		-		80
Provision for annual leave		273		23			-		-		296
Provision for long service leave		66		13			-		-		79
Other payroll provisions		142		(18)			-		-		124
General provisions		1,857		(1,524)			-		-		333
Inventories		125		90			-		-		215
Carried forward tax losses		194		3,300			-		-		3,494
Intangible assets		(403)		(297)			-		-		(700)
Balance at 30 June 2015		3,590		1,999			-		-		5,589

Property, plant and equipment		1,668		(1,668)			-		-		-
Doubtful debts		80		(80)			-		-		-
Provision for annual leave		296		(296)			-		-		-
Provision for long service leave		79		(79)			-		-		-
Other payroll provisions		124		(124)			-		-		-
General provisions		333		(333)			-		-		-
Inventories		215		(215)			-		-		-
Carried forward tax losses		3,494		(2,864)			-		-		630
Intangible assets		(700)		70			-		-		(630)
Balance at 30 June 2016		5,589		(5,589)			-		-		-

Carried forward tax losses		630		-							630
Intangible assets		(630)		-							(630)
Balance at 31 January 2017		-		-			-		-		-

Carried forward tax losses		630		-							630
Intangible assets		(630)		-							(630)
Balance at 31 January 2018		-		-			-		-		-

Dividends (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure of dividends [Abstract]

Disclosure Of detailed Information about dividends explanatory [Text Block]

	31 January		31 January		30 June		30 June
	2018		2017		2016		2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Australian franking credits available for subsequent financial years at a tax rate of 30%		3,995		3,757		3,808		4,113

New Zealand imputation credits available for subsequent financial years at a tax rate of 28%		236		235		235		235

Key Management Personnel Remuneration (Tables)

12 Months Ended

Jan. 31, 2018

Details of key management personnel remuneration [Abstract]

Disclosure of Detailed information about key management personnel [Text Block]

Key management personnel remuneration included within employee expenses for the period is shown below:

	For the Year		For the 7
	Ended		Months Ended		For the Year		For the Year
	31 January		31 January		Ended 30 June		Ended 30 June
	2018		2017		2016		2015
	NZ$		NZ$		NZ$		NZ$
Short-term employee benefits		1,742,530		1,492,015		1,751,710		2,039,156
		1,742,530		1,492,015		1,751,710		2,039,156

Interests in Subsidiaries (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure of subsidiaries [abstract]

Disclosure of composition of group [text block]

		Percentage		Percentage		Percentage		Percentage
	Principal place of	Owned (%)*		Owned (%)*		Owned (%)*		Owned (%)*
	business / Country of	31 January		31 January		30 June		30 June
	Incorporation	2018		2017		2016		2015

Subsidiaries:
Bendon Retail Limited	New Zealand		100		100		100		100
Bendon Holdings Limited	New Zealand		100		100		100		100
Bendon Holdings Pty Limited	Australia		100		100		100		100
Bendon Pty Limited	Australia		100		100		100		100
Bendon Intimates Pty Limited	Australia		100		100		100		100
PS Holdings No. 1 Pty Limited	Australia		100		100		100		100
Pleasure State Pty Limited	Australia		100		100		100		100
Pleasure State (HK) Limited	Hong Kong		100		100		100		100
Bendon UK Limited	United Kingdom		100		100		100		100
Bendon USA Inc	United States of America		100		100		100		100

*The percentage of ownership interest held is equivalent to the percentage voting rights for all subsidiaries.

Fair Value Measurement (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure of fair value measurement [Abstract]

Schedule Of Fair Value Measurement Of Assets And Liabilities [Text Block]

The table below shows the assigned level for each asset and liability held at fair value by the Group:

	Level 1		Level 2		Level 3		Total
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
31 January 2018
Recurring fair value measurements
Financial assets
Foreign exchange contracts		-		-		-		-
Financial liabilities
Foreign exchange contracts		-		2,087		-		2,087
Derivative on Convertible Notes		-		-		1,110		1,110

31 January 2017
Recurring fair value measurements
Financial assets
Foreign exchange contracts		-		-		-		-
Financial liabilities
Foreign exchange contracts		-		4,188		-		4,188
Derivative on Convertible Notes		-		-		4,112		4,112

30 June 2016
Recurring fair value measurements
Financial assets
Foreign exchange contracts		-		-		-		-
Financial liabilities
Foreign exchange contracts		-		5,531		-		5,531

30 June 2015
Recurring fair value measurements
Financial assets
Foreign exchange contracts		-		2,289		-		2,289
Financial liabilities
Foreign exchange contracts		-		1		-		1

Schedule Of Valuation Techniques For Fair Value Measurements Categorized Within Level 3 [Text Block]

The following table presents the changes in level 3 instruments for the year ended 31 January 2018.

	Convertible
	note liability
	NZ$000's
Balance at 31 January 2017		4,112
Changes in fair value		1,110
Conversion		(4,112)
Balance at 31 January 2018		1,110

Schedule Of Quantitative Information For Fair Value Measurements Categorised Within Level 3 [Text Block]

The following table summarises the quantitative information about the significant inputs used in level 3 fair value measurements:

	Range of inputs for
Unobservable inputs	convertible note liability
Face value (NZD)		3,624,198
Interest rate of note		10	%
Risk free rate		1.66	%
Term of the instrument		August 2019
Expected volatility		128.7	%
Dividend yield		0	%

Contingencies (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure of contingent liabilities [abstract]

Schedule Of Contingent Liabilities [Text Block]

The Group had the following contingent liabilities at the end of the reporting period:

	31 January 2018		31 January 2017		30 June 2016		30 June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's

Rent guarantees to certain landlords		419		571		534		313
Standby letter of credit to JP Morgan Chase Bank		291		286		279		-
Guarantee provided to UK Customs Department		329		282		303		372
Guarantee provided to ANZ for Merchant Service		172		-		-		-

Related Parties (Tables)

12 Months Ended

Jan. 31, 2018

Disclosure of transactions between related parties [abstract]

Disclosure of transactions between related parties [text block]

	Opening		Closing		Interest not		Interest
	balance		balance		charged		paid/payable		Impairment
	NZ$		NZ$		NZ$		NZ$		NZ$

Loans from related parties
Cullen Investments Limited - 31 January 2018		13,051,321		11,535,677		-		-		-
Cullen Investments Limited - 31 January 2017		9,613,014		13,051,321		-		-		-
Cullen Investments Limited - 30 June 2016		4,010,083		9,613,014		-		-		-
Cullen Investments Limited - 30 June 2015		3,381,579		4,010,083		-		-		-
Whitespace Atelier Limited - 31 January 2018		-		272,665		-		-		-
Whitespace Atelier Limited - 31 January 2017		-		-		-		-		-

Loans to related parties
Naked Inc. - 31 January 2018		-		(1,368,577)		-		-		-
Naked Inc. - 31 January 2017		-		-		-		-		-
PS Holdings No. 2 Pty Limited - 30 June 2015		(21,078)		-		-		-		-
FOH Online Inc. – 31 January 2018		-		3,518,009

Cash Flow Information (Tables)

12 Months Ended

Jan. 31, 2018

Cash Flow Information [Abstract]

Schedule of Cash Flow Information [Text Block]

Reconciliation of net income to net cash provided by operating activities:

			For the 7
	For the Year		Months		For the Year		For the Year
	Ended 31		Ended 31		Ended 30		Ended 30
	January 2018		January 2017		June 2016		June 2015
	NZ$000's		NZ$000's		NZ$000's		NZ$000's
Loss for the period		(37,593)		(15,979)		(20,746)		(13,105)
Cash flows excluded from profit attributable to operating activities interest paid on borrowings		8,792		6,238		10,182		4,402
Non-cash flows in profit:
- depreciation and amortisation expense		3,030		1,842		3,516		5,718
- impairment expense		1,914		292		2,157		-
- fair value gain/(loss) on Convertible Notes derivative		(2,393)		592		-		-
Changes in assets and liabilities:
- (increase) in trade and other receivables		14,925		(4,748)		(6,518)		(1,046)
- (increase) in current tax receivable		52		35		(88)		-
- (increase)/decrease in derivative assets		-		-		2,289		(2,225)
- (increase)/decrease in inventories		6,638		(179)		8,088		(15,646)
- (increase)/decrease in deferred tax asset/(liability)		-		-		5,589		(2,160)
- (increase) in related party receivables		(906)		(3,438)		(5,603)		(650)
- increase/(decrease) in trade and other payables		6,956		2,078		(11,113)		12,817
- increase/(decrease) in income taxes payable		152		635		(483)		36
- increase/(decrease) in provisions		39		367		311		(2,507)
- increase/(decrease) in foreign currency derivative liability		(5,104)		(1,343)		5,530		(1,982)
- net exchange differences		(618)		90		1,849		(851)
Cashflows from operations		(4,116)		(13,518)		(5,040)		(17,199)

Summary of Significant Accounting Policies (Details)	12 Months Ended
Summary of Significant Accounting Policies (Details)	Jan. 31, 2018
Leasehold improvements
Useful lives or depreciation rates, property, plant and equipment	1 - 10 years
Plant, furniture, fittings and motor vehicles
Useful lives or depreciation rates, property, plant and equipment	3 - 7 years

Summary of Significant Accounting Policies (Details Textual) $ in Thousands, $ in Millions	7 Months Ended	12 Months Ended
	Jan. 31, 2017 NZD ($)	Jan. 31, 2018 NZD ($)	Jun. 30, 2016 NZD ($)	Jun. 30, 2015 NZD ($)	Jan. 31, 2018 USD ($)
Loss for the year	$ (15,979)	$ (37,593)	$ (20,746)	$ (13,105)
Cash flows from (used in) operating activities	(13,518)	(4,116)	(5,040)	(17,199)
Current assets (liabilities)		20,752
Assets (liabilities)	$ (9,044)	$ (5,710)	$ (17,876)	$ 2,839
Short-term Debt					$ 25.5
Useful lives or amortisation rates, intangible assets other than goodwill		5 years
Additional Paid in Capital					$ 23.5

- Definition

The total of income less expenses, excluding the components of other comprehensive income. [Refer: Other comprehensive income]

+ References

+ Details

Critical Accounting Estimates and Judgments (Details Textual) $ in Thousands, $ in Thousands	7 Months Ended		12 Months Ended
	Jan. 31, 2017 NZD ($)	Jan. 31, 2017 USD ($)	Jan. 31, 2018 NZD ($)	Jun. 30, 2016 NZD ($)	Jun. 30, 2015 NZD ($)
Impairment loss recognised in profit or loss, goodwill	$ 0	$ 0	$ 0	$ (2,157)	$ 0

Revenue and Other Income (Details) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
Revenue and Other Income (Details) - NZD ($) $ in Thousands	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Gross revenue	$ 104,007	$ 145,452	$ 163,481	$ 149,403
Rebates	(7,723)	(14,064)	(12,481)	(10,565)
Sale of goods
Revenue from sale of goods	95,996	131,285	143,290	138,814
Revenue from rendering of services	0	0	7,702	0
Other income	288	103	8	24
Revenue	96,284	131,388	151,000	138,838
Retail [Member]
Sale of goods
Revenue from sale of goods	34,460	53,150	58,837	56,494
Wholesale [Member]
Sale of goods
Revenue from sale of goods	43,379	45,901	77,729	76,570
Online [Member]
Sale of goods
Revenue from sale of goods	$ 18,157	$ 32,234	$ 6,724	$ 5,750

Loss for the Period (Details) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
Loss for the Period (Details) - NZD ($) $ in Thousands	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Loss for the Period [Line Items]
Interest expense on external borrowings	$ 2,923	$ 5,431	$ 3,140	$ 2,476
Interest expense on shareholder loans	3,040	2,807	7,042	3,192
Interest expense on finance lease	0	0	0	50
Amortisation on loan set up costs	275	553	227	152
Finance costs	6,238	8,791	10,409	5,870
Other (gains)/losses
Fair value (gain)/loss on foreign exchange contracts	2,135	(502)	7,660	(6,330)
Net foreign exchange(gains)/losses	1,171	(255)	(5,237)	1,630
Gains (losses) on change in value of foreign currency basis spreads, before tax	3,306	(757)	2,423	(4,700)
Brand transition, restructure and transaction expenses
Brand transition expenses	0	0	884	10,160
Onerous contracts	1,166	(265)	789	329
Restructure expenses	103	215	559	111
Transaction expenses	52	3,322	0	1,582
Brand transition, restructure and transaction cost	$ 1,321	$ 3,272	$ 2,232	$ 12,182

Loss for the Period (Details 1) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
Loss for the Period (Details 1) - NZD ($) $ in Thousands	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Loss for the Period [Line Items]
Salaries and wages	$ 19,917	$ 33,613	$ 33,666	$ 31,266
Defined contribution expenses	1,022	545	1,588	1,466
Employee benefits expense	20,939	34,158	35,254	32,732
Depreciation	1,664	2,724	2,966	3,359
Amortisation	178	306	323	891
Impairment loss	292	1,914	2,157	0
Depreciation, amortisation and impairment loss (reversal of impairment loss) recognised in profit or loss	2,134	4,944	5,446	4,250
Lease payments	6,485	10,807	11,034	10,488
Sublease payments received	(354)	(483)	(567)	(475)
Rental expense	$ 6,131	$ 10,324	$ 10,467	$ 10,013

Income Tax Expense/(benefit) (Details) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Current tax expense (income) and adjustments for current tax of prior periods [abstract]
Current tax on profits for the period	$ 807	$ 537	$ 301	$ 313
Adjustments for current tax of prior periods	58	(477)	(344)	412
Total current tax expense/(benefit)	865	60	(43)	725
Decrease/(increase) in deferred tax assets (note 25)	0	0	5,589	(1,999)
Income tax expense/(benefit) for continuing operations	$ 865	$ 60	$ 5,546	$ (1,274)

- Definition

The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax that relate to continuing operations. [Refer: Continuing operations [member]; Current tax expense (income); Deferred tax expense (income)]

+ References + Details

Income Tax Expense/(benefit) (Details 1) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Income taxes [Line Items]
Loss before income tax	$ (15,114)	$ (37,533)	$ (15,200)	$ (14,379)
Tax at New Zealand tax rate of 28% (2017: 28%, 2016: 28%, 2015: 28%)	(4,232)	(10,509)	(4,256)	(4,026)
Tax effect of:
- permanent differences (including impairment expense)	(6)	(105)	757	23
- adjustments in respect of current income tax of previous years	41	(449)	(237)	378
- effects of different tax rates of subsidiaries operating in other jurisdictions	(15)	(30)	(42)	(382)
- deferred tax assets relating to prior periods no longer recognised (note 25)	0	0	5,589	0
- deferred tax assets relating to the current year not brought to account	5,119	11,150	3,934	2,630
- other	(42)	3	(199)	103
Income tax expense/(benefit)	$ 865	$ 60	$ 5,546	$ (1,274)

Income Tax Expense/(benefit) (Details 1) (Parenthetical)	7 Months Ended	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Income taxes [Abstract]
Applicable tax rate	28.00%	28.00%	28.00%	28.00%

Income Tax Expense/(benefit) (Details 2) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Income taxes [Abstract]
Unused tax losses for which no deferred tax asset recognised	$ 43,269	$ 87,455	$ 23,765	$ 10,236
Potential tax benefit at 28%	$ 12,115	$ 24,487	$ 6,654	$ 2,866

Income Tax Expense/(benefit) (Details 3) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Income taxes [Abstract]
Temporary differences for which no deferred tax asset has been recognised	$ 18,703	$ 14,661	$ 19,924	$ 0
Potential tax benefit at 28%	$ 5,237	$ 4,105	$ 5,579	$ 0

Operating Segments (Details) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
Operating Segments (Details) - NZD ($) $ in Thousands	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Operating Segments [Line Items]
Total segment revenue	$ 113,031	$ 156,311	$ 176,145	$ 166,553
Intersegment eliminations	(16,747)	(24,923)	(32,855)	(27,739)
Other revenue	0	0	7,710	24
Total revenue	$ 96,284	$ 131,388	$ 151,000	$ 138,838

- Definition

The income arising in the course of an entity's ordinary activities. Income is increases in economic benefits during the accounting period in the form of inflows or enhancements of assets or decreases of liabilities that result in an increase in equity, other than those relating to contributions from equity participants.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 8
-IssueDate 2017-01-01
-Paragraph 28
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-URIDate 2017-03-09

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Note Expiry date 2018-01-01
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Reference 9: http://www.xbrl.org/2003/role/exampleRef
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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-IssueDate 2017-01-01
-Paragraph B10
-Subparagraph b
-URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2017-03-01&anchor=para_B10_b&doctype=Appendix&seq=2
-URIDate 2017-03-09

+ Details

Operating Segments (Details 1) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
Operating Segments (Details 1) - NZD ($) $ in Thousands	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Operating Segments [Line Items]
Segment EBITDA	$ (2,126)	$ (24,053)	$ 10,470	$ 3,420
Income tax (expense)/benefit	(865)	(60)	(5,546)	1,274
Other revenue	0	0	7,710	24
Any other reconciling items	(12,988)	(13,480)	(33,380)	(17,823)
Total net loss after tax	$ (15,979)	$ (37,593)	$ (20,746)	$ (13,105)

- Definition

+ References + Details

- Definition

The total of income less expenses, excluding the components of other comprehensive income. [Refer: Other comprehensive income]

+ References

+ Details

Operating Segments (Details 2) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
Operating Segments (Details 2) - NZD ($) $ in Thousands	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Operating Segments [Line Items]
Revenue	$ 96,284	$ 131,388	$ 151,000	$ 138,838
New Zealand
Operating Segments [Line Items]
Revenue	30,676	46,665	62,109	54,834
Australia
Operating Segments [Line Items]
Revenue	32,913	38,208	53,193	51,997
United States
Operating Segments [Line Items]
Revenue	23,146	32,323	19,167	14,435
Europe
Operating Segments [Line Items]
Revenue	$ 9,549	$ 14,192	$ 16,531	$ 17,572

- Definition

+ References

+ Details

Operating Segments (Details 3) - NZD ($)
$ in Thousands

7 Months Ended

12 Months Ended

Jan. 31, 2017

Jan. 31, 2018

Jun. 30, 2016

Jun. 30, 2015

Operating Segments [Line Items]

Revenue from external customers

$ 95,996

$ 131,285

$ 143,290

$ 138,814

Service income

7,702

Other revenue

288

103

Revenue

96,284

131,388

151,000

138,838

Cost of sales

(57,144)

(87,459)

(83,525)

(79,031)

Gross margin

39,140

43,929

67,475

59,807

Other segment expenses

^[1]

(32,040)

(47,354)

(48,362)

(42,203)

Unallocated expenses

Administrative expenses

(2,383)

(4,131)

(4,090)

(4,691)

Corporate expenses

(8,082)

(12,851)

(13,002)

(13,940)

Other foreign exchange gain/loss

3,306

(757)

2,423

(4,700)

EBITDA

(2,126)

(24,053)

10,470

3,420

Brand transition, restructure and transaction expenses

(1,321)

(3,272)

(2,232)

(12,182)

Finance expense

(6,238)

(8,791)

(10,409)

(5,870)

Impairment expense

(292)

(1,914)

(2,157)

Depreciation and amortisation

(1,842)

(3,030)

(5,446)

(4,250)

Fair value gain/(loss) on foreign exchange contracts

2,135

(502)

7,660

(6,330)

Unrealised foreign exchange (gain)/loss

(568)

1,636

(1,827)

Fair value gain/(loss) on Convertible Notes derivative

(592)

2,393

Loss before income tax expense

(15,114)

(37,533)

(15,200)

(14,379)

Income tax expense

(865)

(60)

(5,546)

1,274

Loss after income tax expense

(15,979)

(37,593)

(20,746)

(13,105)

E-Commerce segment [Member]

Operating Segments [Line Items]

Revenue from external customers

18,140

32,234

6,722

5,683

Service income

Other revenue

Revenue

18,140

32,234

6,722

5,683

Cost of sales

(11,902)

(20,974)

(3,582)

(3,072)

Gross margin

6,238

11,260

3,140

2,611

Other segment expenses

^[1]

(3,654)

(11,520)

(2,039)

(1,991)

Unallocated expenses

Administrative expenses

Corporate expenses

Other foreign exchange gain/loss

EBITDA

2,584

(260)

1,101

620

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 Notes derivative

Loss before income tax expense

2,584

(260)

1,101

620

Income tax expense

Loss after income tax expense

2,584

(260)

1,101

620

Unallocated amounts [member]

Operating Segments [Line Items]

Revenue from external customers

Service income

102

7,702

Other revenue

Revenue

102

7,710

Cost of sales

(340)

(3,123)

Gross margin

(340)

(3,021)

7,725

Other segment expenses

^[1]

(8,068)

(13,975)

(10,665)

Unallocated expenses

Administrative expenses

(541)

(1,101)

(801)

(441)

Corporate expenses

(8,082)

(19,150)

(13,002)

(13,940)

Other foreign exchange gain/loss

(603)

(377)

5,160

197

EBITDA

(17,634)

(23,649)

(14,893)

(24,822)

Brand transition, restructure and transaction expenses

(1,321)

(3,272)

(2,232)

(12,182)

Finance expense

(6,238)

(8,791)

(10,409)

(5,870)

Impairment expense

(11)

(1,914)

Depreciation and amortisation

(1,842)

(3,030)

(3,289)

(4,250)

Fair value gain/(loss) on foreign exchange contracts

(2,135)

(502)

(7,660)

6,330

Unrealised foreign exchange (gain)/loss

(568)

1,636

(1,827)

Fair value gain/(loss) on Convertible Notes derivative

(592)

2,393

Loss before income tax expense

(30,341)

(37,129)

(38,406)

(42,621)

Income tax expense

(865)

(60)

(5,546)

1,274

Loss after income tax expense

(31,206)

(37,189)

(43,952)

(41,347)

Country of domicile [member]

Operating Segments [Line Items]

Revenue

30,676

46,665

62,109

54,834

Country of domicile [member] | Retail segment [Member]

Operating Segments [Line Items]

Revenue from external customers

21,953

34,269

37,389

37,089

Service income

Other revenue

Revenue

21,953

34,269

37,389

37,089

Cost of sales

(9,707)

(16,488)

(16,053)

(16,270)

Gross margin

12,246

17,781

21,336

20,819

Other segment expenses

^[1]

(7,480)

(13,451)

(12,263)

(11,885)

Unallocated expenses

Administrative expenses

Corporate expenses

Other foreign exchange gain/loss

EBITDA

4,766

4,330

9,073

8,934

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 Notes derivative

Loss before income tax expense

4,766

4,330

9,073

8,934

Income tax expense

Loss after income tax expense

4,766

4,330

9,073

8,934

Country of domicile [member] | Wholesale segment [Member]

Operating Segments [Line Items]

Revenue from external customers

7,484

10,453

15,071

16,333

Service income

Other revenue

Revenue

7,484

10,453

15,071

16,333

Cost of sales

(4,961)

(8,213)

(10,721)

(10,978)

Gross margin

2,523

2,240

4,350

5,355

Other segment expenses

^[1]

(475)

(1,068)

(709)

(1,787)

Unallocated expenses

Administrative expenses

Corporate expenses

Other foreign exchange gain/loss

EBITDA

2,048

1,172

3,641

3,568

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 Notes derivative

Loss before income tax expense

2,048

1,172

3,641

3,568

Income tax expense

Loss after income tax expense

2,048

1,172

3,641

3,568

Foreign countries one [Member]

Operating Segments [Line Items]

Revenue

32,913

38,208

53,193

51,997

Foreign countries one [Member] | Retail segment [Member]

Operating Segments [Line Items]

Revenue from external customers

12,053

18,236

20,680

18,491

Service income

Other revenue

Revenue

12,053

18,236

20,680

18,491

Cost of sales

(5,592)

(9,457)

(8,930)

(8,066)

Gross margin

6,461

8,779

11,750

10,425

Other segment expenses

^[1]

(6,196)

(11,329)

(9,835)

(7,624)

Unallocated expenses

Administrative expenses

Corporate expenses

Other foreign exchange gain/loss

EBITDA

265

(2,550)

1,915

2,801

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 Notes derivative

Loss before income tax expense

(16)

(2,550)

1,915

2,801

Income tax expense

Loss after income tax expense

(16)

(2,550)

1,915

2,801

Foreign countries one [Member] | Wholesale segment [Member]

Operating Segments [Line Items]

Revenue from external customers

18,091

15,512

28,021

29,817

Service income

Other revenue

Revenue

18,091

15,512

28,021

29,817

Cost of sales

(11,431)

(12,545)

(18,056)

(18,461)

Gross margin

6,660

2,967

9,965

11,356

Other segment expenses

^[1]

(2,089)

(3,781)

(3,520)

(2,449)

Unallocated expenses

Administrative expenses

Corporate expenses

Other foreign exchange gain/loss

EBITDA

4,571

(814)

6,445

8,907

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 Notes derivative

Loss before income tax expense

4,571

(814)

4,288

8,907

Income tax expense

Loss after income tax expense

4,571

(814)

4,288

8,907

Foreign countries three [Member]

Operating Segments [Line Items]

Revenue

9,549

14,192

16,531

17,572

Foreign countries three [Member] | Wholesale segment [Member]

Operating Segments [Line Items]

Revenue from external customers

9,548

14,192

16,531

17,548

Service income

Other revenue

Revenue

9,548

14,192

16,531

17,548

Cost of sales

(6,277)

(10,221)

(11,658)

(11,258)

Gross margin

3,271

3,971

4,873

6,290

Other segment expenses

^[1]

(2,013)

(2,904)

(3,204)

(3,266)

Unallocated expenses

Administrative expenses

Corporate expenses

Other foreign exchange gain/loss

EBITDA

1,258

1,067

1,669

3,024

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 Notes derivative

Loss before income tax expense

1,258

1,067

1,669

3,024

Income tax expense

Loss after income tax expense

1,258

1,067

1,669

3,024

Foreign countries two [Member]

Operating Segments [Line Items]

Revenue

23,146

32,323

19,167

14,435

Foreign countries two [Member] | Wholesale segment [Member]

Operating Segments [Line Items]

Revenue from external customers

9,015

6,390

18,876

13,853

Service income

Other revenue

Revenue

9,015

6,390

18,876

13,853

Cost of sales

(6,934)

(6,438)

(14,540)

(10,929)

Gross margin

2,081

(48)

4,336

2,924

Other segment expenses

^[1]

(2,065)

(3,301)

(2,817)

(2,536)

Unallocated expenses

Administrative expenses

Corporate expenses

Other foreign exchange gain/loss

EBITDA

(3,349)

1,519

388

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 Notes derivative

Loss before income tax expense

(3,349)

1,519

388

Income tax expense

Loss after income tax expense

$ 16

$ (3,349)

$ 1,519

$ 388

[1]	Other segment expenses relate to brand management expenses and some corporate expenses.

Cash and Cash Equivalents (Details) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Cash and Cash Equivalents [Line Items]
Cash on hand	$ 54	$ 48	$ 47	$ 52
Cash at bank	10,685	2,596	4,146	1,194
Cash and cash equivalents	$ 10,739	$ 2,644	$ 4,193	$ 1,246	$ 3,624

Trade and Other Receivables (Details) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Trade receivables	$ 9,982	$ 26,499	$ 20,603	$ 16,020
Provision for impairment	(326)	(537)	(268)	(340)	$ 368
Trade Receivables Net	9,656	25,962	20,335	15,680
Prepayments	1,792	1,779	2,659	935
Other receivables	1,717	349	347	206
Trade and other receivables	$ 13,165	$ 28,090	$ 23,341	$ 16,821

Trade and Other Receivables (Details 1) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Balance at beginning of the period	$ 268	$ 537	$ 340	$ (368)
Provision charged	(364)	(92)	(16)	0
Reversal of impairment	80	316	88	28
Foreign exchange movement	15	(13)	0	0
Balance at end of the period	$ 537	$ 326	$ 268	$ 340

Trade and Other Receivables (Details 2) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
Trade receivables	$ 9,982	$ 26,499	$ 20,603	$ 16,020
Not later than one month [member]
Trade receivables	7,945	14,883	12,769	14,209
Later than one month and not later than two months [member]
Trade receivables	335	2,566	1,934	466
Later than two months and not later than three months [member] \| Financial assets past due but not impaired [member]
Trade receivables	489	2,166	1,081	472
Later than two months and not later than three months [member] \| Financial assets impaired [member]
Trade receivables	0	0	0	0
Later than three months [member] \| Financial assets past due but not impaired [member]
Trade receivables	1,213	6,884	4,551	533
Later than three months [member] \| Financial assets impaired [member]
Trade receivables	$ 0	$ 0	$ 268	$ 340

Trade and Other Receivables (Details 3) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
Trade and other receivables [abstract]
Transferred receivables	$ 9,790	$ 11,649	$ 14,599	$ 0

Inventories (Details) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
Disclosure of inventories [Abstract]
Finished goods	$ 31,451	$ 37,904	$ 37,998	$ 46,424
Provision for impairment	(338)	(153)	(426)	(764)
Current inventories	$ 31,113	$ 37,751	$ 37,572	$ 45,660

Inventories (Details Textual) - NZD ($)	7 Months Ended	12 Months Ended
Inventories (Details Textual) - NZD ($)	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Disclosure of inventories [Abstract]
Inventory write-down	$ 0	$ 298,098	$ 0	$ 0

Property, plant and equipment (Details) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	$ 4,741	$ 4,964	$ 6,209	$ 6,853	$ 5,340
Plant, furniture, fittings and motor vehicles [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	2,013	2,273	3,414	3,511	1,038
Leasehold Improvements [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	2,728	2,691	2,795	3,342	$ 3,841
At cost [member] \| Plant, furniture, fittings and motor vehicles [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	27,801	25,455	26,269	24,687
At cost [member] \| Leasehold Improvements [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	10,762	10,132	10,640	11,111
Accumulated depreciation [member] \| Plant, furniture, fittings and motor vehicles [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	(25,788)	(23,182)	(22,855)	(21,176)
Accumulated depreciation [member] \| Leasehold Improvements [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	$ (8,034)	$ (7,441)	$ (7,845)	$ (7,769)

Property, plant and equipment (Details 1) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Disclosure of detailed information about property, plant and equipment [line items]
Balance at the beginning of period	$ 6,209	$ 4,964	$ 6,853	$ 5,340
Additions	723	2,317	2,703	4,701
Disposals		(122)
Depreciation expense	(1,664)	(2,724)	(2,966)	(3,360)
Impairment	(281)
Foreign exchange movements	(23)	306	(381)	172
Balance at the end of the year	4,964	4,741	6,209	6,853
Plant, furniture, fittings and motor vehicles [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at the beginning of period	3,414	2,273	3,511	1,038
Additions	482	2,032	2,498	4,605
Disposals		(118)
Depreciation expense	(1,368)	(2,228)	(2,497)	(2,242)
Impairment	(281)
Foreign exchange movements	26	54	(98)	110
Balance at the end of the year	2,273	2,013	3,414	3,511
Property, plant and equipment under finance leases [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at the beginning of period			0	461
Additions				0
Depreciation expense				(461)
Foreign exchange movements				0
Balance at the end of the year				0
Leasehold Improvements [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at the beginning of period	2,795	2,691	3,342	3,841
Additions	241	285	205	96
Disposals		(4)
Depreciation expense	(296)	(496)	(469)	(657)
Impairment	0
Foreign exchange movements	(49)	252	(283)	62
Balance at the end of the year	$ 2,691	$ 2,728	$ 2,795	$ 3,342

Intangible Assets (Details) $ in Thousands	Jan. 31, 2018 NZD ($)	Jan. 31, 2018 USD ($)	Jan. 31, 2017 NZD ($)	Jan. 31, 2017 USD ($)	Jun. 30, 2016 NZD ($)	Jun. 30, 2016 USD ($)	Jun. 30, 2015 NZD ($)	Jun. 30, 2015 USD ($)	Jun. 30, 2014 NZD ($)
Disclosure of detailed information about intangible assets [line items]
Intangible assets and goodwill	$ 13,012		$ 14,680		$ 14,575		$ 17,381		$ 16,683
Goodwill [Member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets and goodwill	0		0		0		2,347		2,211
Patents and licences [Member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets and goodwill	201		596		274		17		117
Brand names [member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets and goodwill	12,463	$ 12,463,000	12,036	$ 12,036,000	12,105	$ 12,105,000	12,702	$ 12,702,000	12,274
Computer software [member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets and goodwill	348		2,048		2,196		2,315		$ 2,081
Gross carrying amount [member] \| Goodwill [Member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets and goodwill	0		0		2,157		2,347
Gross carrying amount [member] \| Patents and licences [Member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets and goodwill	919		1,169		818		557
Gross carrying amount [member] \| Computer software [member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets and goodwill	15,788		17,308		17,312		17,131
Accumulated depreciation and amortisation [member] \| Goodwill [Member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets and goodwill	0		0		(2,157)		0
Accumulated depreciation and amortisation [member] \| Patents and licences [Member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets and goodwill	(718)		(573)		(544)		(540)
Accumulated depreciation and amortisation [member] \| Computer software [member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets and goodwill	$ (15,440)		$ (15,260)		$ (15,116)		$ (14,816)

Intangible Assets (Details 1) $ in Thousands	7 Months Ended		12 Months Ended
Intangible Assets (Details 1) $ in Thousands	Jan. 31, 2017 NZD ($)	Jan. 31, 2017 USD ($)	Jan. 31, 2018 NZD ($)	Jan. 31, 2018 USD ($)	Jun. 30, 2016 NZD ($)	Jun. 30, 2016 USD ($)	Jun. 30, 2015 NZD ($)
Disclosure of detailed information about intangible assets [line items]
Balance	$ 14,575		$ 14,680		$ 17,381		$ 16,683
Additions	351		118		475		1,093
Amortisation	(178)		(306)		(323)		(891)
Impairment (refer note 12(c))			(1,914)		(2,157)
Foreign exchange movements	(68)		434		(801)		496
Balance	14,680		13,012		14,575		17,381
Software [member]
Disclosure of detailed information about intangible assets [line items]
Balance	2,196		2,048		2,315		2,081
Additions	0		106		211		1,093
Amortisation	(148)		(163)		(316)		(787)
Impairment (refer note 12(c))			(1,650)		0
Foreign exchange movements	0		7		(14)		(72)
Balance	2,048		348		2,196		2,315
Patents and licences [Member]
Disclosure of detailed information about intangible assets [line items]
Balance	274		596		17		117
Additions	351		12		264		0
Amortisation	(30)		(143)		(7)		(104)
Impairment (refer note 12(c))			(264)		0
Foreign exchange movements	1		0		0		4
Balance	596		201		274		17
Brands [member]
Disclosure of detailed information about intangible assets [line items]
Balance	12,105	$ 12,105,000	12,036	$ 12,036,000	12,702	$ 12,702,000	12,274
Additions	0		0		0		0
Amortisation	0		0		0		0
Impairment (refer note 12(c))			0		0
Foreign exchange movements	(69)		427		(597)		428
Balance	12,036	$ 12,036,000	12,463	$ 12,463,000	12,105	$ 12,105,000	12,702
Goodwill [Member]
Disclosure of detailed information about intangible assets [line items]
Balance	0		0		2,347		2,211
Additions	0		0		0		0
Amortisation	0		0		0		0
Impairment (refer note 12(c))			0		(2,157)
Foreign exchange movements	0		0		(190)		136
Balance	$ 0		$ 0		$ 0		$ 2,347

Intangible Assets (Details 2) $ in Thousands, $ in Thousands	7 Months Ended		12 Months Ended
	Jan. 31, 2017 NZD ($)	Jan. 31, 2017 USD ($)	Jan. 31, 2018 NZD ($)	Jun. 30, 2016 NZD ($)	Jun. 30, 2015 NZD ($)
Disclosure of detailed information about intangible assets [line items]
Goodwill	$ 0		$ 0	$ 0	$ 2,347
Impairment loss recognised in profit or loss, goodwill	0	$ 0	0	(2,157)	0
Australia [Member]
Disclosure of detailed information about intangible assets [line items]
Goodwill	$ 0		$ 0	$ 2,157	$ 2,347

Intangible Assets (Details Textual) $ in Thousands	7 Months Ended		12 Months Ended
Intangible Assets (Details Textual) $ in Thousands	Jan. 31, 2017 NZD ($)	Jan. 31, 2017 USD ($)	Jan. 31, 2018 NZD ($)	Jun. 30, 2016 NZD ($)	Jun. 30, 2015 NZD ($)	Jan. 31, 2018 USD ($)	Jan. 31, 2017 USD ($)	Jun. 30, 2016 USD ($)	Jun. 30, 2015 USD ($)	Jun. 30, 2014 NZD ($)
Disclosure of detailed information about intangible assets [line items]
Impairment loss recognised in profit or loss, goodwill	$ 0	$ 0	$ 0	$ (2,157)	$ 0
Intangible assets and goodwill	$ 14,680		$ 13,012	$ 14,575	$ 17,381					$ 16,683
Increase in post-tax discount rate			1.50%
Decrease in sales growth rate			2.00%
Decrease in royalty rate			1.50%
Impact of possible changes in key assumptions used in impairment test calculations			A 1.5% increase in the post-tax discount rate would result in an impairment of $928 thousand against the carrying amount of the indefinite-lived brand intangibles. A reduction of the sales growth rate to 2% would result in an impairment of $611 thousand against the carrying amount of the indefinite-lived brand intangible assets. A 1.5% reduction in the royalty rate would result in an impairment of $2,267 thousand against the carrying amount of the indefinite-lived brand intangibles.
Brand names [member]
Disclosure of detailed information about intangible assets [line items]
Discount rate applied to cash flow projections	11.40%		11.40%	11.40%	11.40%	11.40%	11.40%	11.40%	11.40%
Growth rate used to extrapolate cash flow projections	2.00%		2.00%	2.00%	0.00%	2.00%	2.00%	2.00%	0.00%
Intangible assets and goodwill	$ 12,036		$ 12,463	$ 12,105	$ 12,702	$ 12,463,000	$ 12,036,000	$ 12,105,000	$ 12,702,000	$ 12,274
Sales growth rate used to extrapolate cash flow projections	5.00%		5.00%	5.00%	2.00%	5.00%	5.00%	5.00%	2.00%
Royalty Rate	6.60%		6.60%	6.60%	6.60%	6.60%	6.60%	6.60%	6.60%
Cash flow forecast period	5 years	5 years	5 years	5 years	5 years
Foreign countries one [Member]
Disclosure of detailed information about intangible assets [line items]
Recoverable amount of asset or cash-generating unit						$ 1,035,000
Discount rate applied to cash flow projections			12.70%			12.70%
Growth rate used to extrapolate cash flow projections			3.50%			3.50%

Derivative Financial Instruments (Details) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
Current assets
Forward exchange contracts	$ 0	$ 0	$ 0	$ 2,289
Current liabilities
Forward exchange contracts	$ 2,087	$ 4,188	$ 5,531	$ 1

Derivative on Convertible Notes (Details) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
Disclosure Of Derivative On Convertible Notes [Abstract]
Derivative on Convertible Notes	$ 1,110	$ 4,112	$ 0	$ 0

Trade and Other Payables (Details) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
CURRENT
Trade payables	$ 21,143	$ 19,221	$ 18,357	$ 25,302
Accruals	9,568	7,503	6,934	9,096
Employee benefit liabilities	1,805	1,842	1,524	2,152
Trade and other current payables	$ 32,516	$ 28,566	$ 26,815	$ 36,550

Trade and Other Payables (Details 1) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
Disclosure of Trade and Other Payables [Abstract]
Employee benefit liabilities	$ 0	$ 0	$ 118	$ 150

Borrowings (Details) $ in Thousands	Jan. 31, 2018 NZD ($)	Jan. 31, 2018 USD ($)	Sep. 29, 2017 NZD ($)	Sep. 29, 2017 USD ($)	Jan. 31, 2017 NZD ($)	Jan. 31, 2017 USD ($)	Jun. 30, 2016 NZD ($)	Jun. 30, 2016 USD ($)	Jun. 30, 2015 NZD ($)	Jun. 30, 2015 USD ($)
CURRENT
Bank overdrafts	$ 0				$ 0		$ 0		$ 18,064
Shareholder loans	10,951	$ 10,951,295			8,200	$ 8,200,000	29,281	$ 29,280,991	16,918	$ 16,917,902
Lease liability	0				0		0		105
Bank loans	16,000				16,000		0		17,841
Debt issuance costs in relation to bank loan	(218)				(656)		(565)		(42)
Working capital financing bank facility	22,489				31,710		32,877		3,387
Convertible notes	1,740	$ 1,740,000			13,744	$ 13,744,000	0		0
Other loan	1,159		$ 1,420	$ 1,000,000	0		0		0
Current borrowings and current portion of non-current borrowings	52,121				68,998		61,593		56,273
NON-CURRENT
Bank loans	$ 0				$ 0		$ 16,000		$ 0

Borrowings (Details Textual)			1 Months Ended							7 Months Ended	12 Months Ended
Borrowings (Details Textual)	Aug. 07, 2017 USD ($)	Aug. 04, 2017 USD ($)	Dec. 31, 2017	Sep. 30, 2017	Sep. 29, 2017 NZD ($) shares	Sep. 29, 2017 USD ($) shares	Aug. 31, 2017 USD ($)	Sep. 29, 2016 USD ($) shares	Jun. 27, 2016 NZD ($)	Jan. 31, 2017 USD ($)	Jan. 31, 2018 USD ($)	Jun. 30, 2016 USD ($)	Jun. 30, 2015 USD ($)	Jan. 31, 2018 NZD ($)	Jan. 31, 2018 USD ($)	Sep. 29, 2017 USD ($)	Aug. 09, 2017	Jan. 31, 2017 NZD ($)	Jan. 31, 2017 USD ($)	Jun. 30, 2016 NZD ($)	Jun. 30, 2016 USD ($)	Jun. 30, 2015 NZD ($)	Jun. 30, 2015 USD ($)
Borrowings, interest rate														15.00%	15.00%
Gearing ratio			5.96	6.45
Decrease in borrowing facility	$ 2,700,000	$ 1,800,000					$ 4,300,000
Increase in margin percentage											2.00%
Increase in line fee percentage											1.00%
Current shareholder loans														$ 10,951,000	$ 10,951,295			$ 8,200,000	$ 8,200,000	$ 29,281,000	$ 29,280,991	$ 16,918,000	$ 16,917,902
Increase decrease in shares through conversion of convertible instruments, equity \| shares					23,961	23,961		24,839
Borrowings converted amount					$ 16,790,000	$ 11,750,000		$ 24,839,783
Other current borrowings and current portion of other non-current borrowings					$ 1,420,000									1,159,000		$ 1,000,000		0		0		0
Current convertible notes														$ 1,740,000	$ 1,740,000			$ 13,744,000	$ 13,744,000	$ 0		$ 0
Term loan facility [Member]
Notional amount									$ 16,000,000
Borrowings, maturity date									Jun. 27, 2018
Borrowings, interest rate														5.55%	5.55%			4.84%	4.84%	4.77%	4.77%
Interchangeable facility [Member]
Notional amount														$ 22,489,428				$ 31,710,000		$ 32,877,397
Borrowings, interest rate														5.32%	5.32%			3.87%	3.87%
Maximum borrowing amount														$ 35,000,000
Shareholder loan [Member]
Borrowings, interest rate														30.00%	30.00%			30.00%	30.00%	30.00%	30.00%	30.00%	30.00%
Interest costs capitalised										$ 6,436,987	$ 2,806,945	$ 7,042,000	$ 3,192,000
Convertible notes [Member]
Notional amount														$ 3,624,198	$ 2,600,000			$ 16,474,465	$ 12,000,000
Borrowings, maturity date											Aug. 10, 2019
Borrowings, interest rate														7.00%	7.00%		10.00%

Provisions (Details) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
CURRENT
Current provisions	$ 1,106	$ 1,528	$ 855	$ 786
NON-CURRENT
Non-current provisions	2,711	2,249	2,555	2,767
Lease contributions [member]
CURRENT
Current provisions	412	480	342	353
NON-CURRENT
Non-current provisions	910	702	976	906
Onerous contracts [member]
CURRENT
Current provisions	264	377	0	233
NON-CURRENT
Non-current provisions	0	176	275	361
Make good [member]
CURRENT
Current provisions	430	671	513	200
NON-CURRENT
Non-current provisions	$ 1,801	$ 1,371	$ 1,304	$ 1,500

Provisions (Details 1) $ in Thousands, $ in Thousands	7 Months Ended	12 Months Ended
Provisions (Details 1) $ in Thousands, $ in Thousands	Jan. 31, 2017 NZD ($)	Jan. 31, 2018 NZD ($)	Jan. 31, 2018 USD ($)
Balance	$ 3,410	$ 3,777
Additional provisions recognised	1,006	1,230
Unused amounts reversed	(112)	(658)
Unwinding of discounts	(9)	271
Amounts used during the year	(499)	(913)
Exchange differences	(19)	110
Balance	3,777	3,817
Lease contributions [member]
Balance	1,318	1,182
Additional provisions recognised	145	635
Unused amounts reversed	0	0
Unwinding of discounts	0	0
Amounts used during the year	(269)	(547)
Exchange differences	(12)	52
Balance	1,182	1,322
Onerous contracts [member]
Balance	275	553
Additional provisions recognised	508	0
Unused amounts reversed	0	0
Unwinding of discounts	0	0
Amounts used during the year	(230)	(289)
Exchange differences	0	0
Balance	553	264
Make good [member]
Balance	1,817	2,042
Additional provisions recognised	353	595	$ 595
Unused amounts reversed	(112)	(658)
Unwinding of discounts	(9)	271
Amounts used during the year	0	(77)
Exchange differences	(7)	58
Balance	$ 2,042	$ 2,231

Provisions (Details Textual) $ in Thousands, $ in Thousands	7 Months Ended	12 Months Ended
Provisions (Details Textual) $ in Thousands, $ in Thousands	Jan. 31, 2017 NZD ($)	Jan. 31, 2018 NZD ($)	Jan. 31, 2018 USD ($)	Jun. 30, 2016	Jun. 30, 2015
Additional provisions, other provisions	$ 1,006	$ 1,230
Onerous contract provision [Member]
Pre-tax discount rate applied to provisions calculations	11.40%	11.40%	11.40%	11.40%	11.40%
Additional provisions, other provisions	$ 508	$ 0
Make good provision [Member]
Pre-tax discount rate applied to provisions calculations	2.00%	2.00%	2.00%	2.00%	4.00%
Additional provisions, other provisions	$ 353	$ 595	$ 595

Share Capital (Details) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
Disclosure of classes of share capital [line items]
Shares Outstanding Value	$ 68,727	$ 27,948	$ 3,108	$ 3,108

Share Capital (Details) (Parenthetical) - shares	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jan. 31, 2016	Jun. 30, 2015	Jun. 30, 2014
Ordinary shares [Member]
Disclosure of classes of share capital [line items]
Number of shares outstanding	306,028	274,839	250,000	250,000	250,000	250,000

Share Capital (Details 1) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
Share Capital (Details 1) - NZD ($) $ in Thousands	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Disclosure of classes of share capital [line items]
Balance	$ 3,108	$ 27,948	$ 3,108
Convertible note maturity	0	17,789	0	$ 0
Balance	27,948	68,727	3,108	3,108
Ordinary shares [Member]
Disclosure of classes of share capital [line items]
Balance	3,108	27,948	3,108	3,108
Issuance of new shares	24,840	22,990	0	0
Convertible note maturity	0	17,789	0	0
Balance	$ 27,948	$ 68,727	$ 3,108	$ 3,108
Balance	250,000	274,839	250,000	250,000
Shares issued during the period	24,839	31,189	0	0
Balance	274,839	306,028	250,000	250,000

Share Capital (Details 2) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
Share Capital (Details 2) - NZD ($) $ in Thousands	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Disclosure of classes of share capital [abstract]
Value of conversion rights - convertible notes	$ 0	$ 17,789	$ 0	$ 0

Share Capital (Details 3) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Disclosure of classes of share capital [abstract]
Total borrowings	$ 52,121	$ 68,998	$ 77,593	$ 56,273
Less Cash and cash equivalents	(10,739)	(2,644)	(4,193)	(1,246)	$ (3,624)
Net debt	41,382	66,354	73,400	55,027
Equity	(5,710)	(9,044)	(17,876)	2,839	$ 16,037
Total Captial	$ 35,672	$ 57,310	$ 55,524	$ 57,866
Gearing ratio	116.00%	116.00%	132.00%	95.00%

- Definition

The amount of residual interest in the assets of the entity after deducting all its liabilities.

+ References + Details

Share Capital (Details Textual)	Jan. 31, 2018
Disclosure of classes of share capital [line items]
Borrowings, interest rate	15.00%

Reserves (Details) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
Reserves (Details) - NZD ($) $ in Thousands	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Foreign currency translation reserve
Opening balance	$ (2,125)	$ (2,154)	$ (2,156)	$ (2,063)
Transfers in	(29)	148	31	(93)
Balance at the end of the period	$ (2,154)	$ (2,006)	$ (2,125)	$ (2,156)

Loss per Share (Details) - NZD ($) $ / shares in Units, $ in Thousands	7 Months Ended	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Earnings per share [line items]
From continuing operations attributable to the ordinary equity holders of the company	$ (60.54)	$ (131.38)	$ (82.86)	$ (52.79)
Total basic and diluted loss per share attributable to the ordinary equity holders of the company	$ (60.54)	$ (131.38)	$ (82.86)	$ (52.79)
Basic and diluted loss per share
Profit/(loss) attributable to the ordinary equity holders of the company used in calculating basic earnings per share:	$ (16,008)	$ (37,445)	$ (20,715)	$ (13,198)
Weighted average number of ordinary shares used as the denominator in calculating basic and diluted loss per share	264,441	285,019	250,000	250,000

Loss per Share (Details Textual)	Jan. 31, 2018 NZD ($)	Jan. 31, 2018 USD ($)	Aug. 09, 2017	Jan. 31, 2017 NZD ($)	Jan. 31, 2017 USD ($)
Earnings per share [line items]
Borrowings, interest rate	15.00%	15.00%
Convertible notes [Member]
Earnings per share [line items]
Notional amount	$ 3,624,198	$ 2,600,000		$ 16,474,465	$ 12,000,000
Borrowings, interest rate	7.00%	7.00%	10.00%

Accumulated Losses (Details) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
Accumulated Losses (Details) - NZD ($) $ in Thousands	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Accumulated Loss [Line Items]
(Accumulated losses)/retained earnings at the beginning of the period	$ (18,859)	$ (34,838)	$ 1,887	$ 14,992
Loss for the period	(15,979)	(37,593)	(20,746)	(13,105)
(Accumulated Losses)/Retained Earnings at end of the period	$ (34,838)	$ (72,431)	$ (18,859)	$ 1,887

- Definition

The total of income less expenses, excluding the components of other comprehensive income. [Refer: Other comprehensive income]

+ References

+ Details

Capital and Leasing Commitments (Details) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
Minimum Lease Payments [Abstract]
Minimum lease payments	$ 0	$ 0	$ 0	$ 105
Less: finance changes	0	0	0	0
Present value of minimum lease payments	0	0	0	105
Not later than one year [member]
Minimum Lease Payments [Abstract]
Minimum lease payments	$ 0	$ 0	$ 0	$ 105

Capital and Leasing Commitments (Details 1) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
Minimum Lease Payments Payable Under Noncancellable Operating Lease [Abstract]
Minimum lease payments payable under non-cancellable operating lease	$ 25,089	$ 23,966	$ 26,172	$ 26,353
Not later than one year [member]
Minimum Lease Payments Payable Under Noncancellable Operating Lease [Abstract]
Minimum lease payments payable under non-cancellable operating lease	9,618	9,472	9,594	8,952
Later than one year and not later than five years [member]
Minimum Lease Payments Payable Under Noncancellable Operating Lease [Abstract]
Minimum lease payments payable under non-cancellable operating lease	14,943	14,435	16,438	17,089
Later than five years [member]
Minimum Lease Payments Payable Under Noncancellable Operating Lease [Abstract]
Minimum lease payments payable under non-cancellable operating lease	$ 528	$ 59	$ 140	$ 312

Capital and Leasing Commitments (Details 2) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
License Contract [Abstract]
Contractual capital commitments	$ 15,806	$ 19,569	$ 22,754	$ 25,607
Not later than one year [member]
License Contract [Abstract]
Contractual capital commitments	3,797	3,652	3,696	3,147
Later than one year and not later than five years [member]
License Contract [Abstract]
Contractual capital commitments	12,009	15,917	16,775	15,808
Later than five years [member]
License Contract [Abstract]
Contractual capital commitments	$ 0	$ 0	$ 2,283	$ 6,652

Capital and Leasing Commitments (Details Textual)	1 Months Ended
Capital and Leasing Commitments (Details Textual)	Jan. 31, 2018
Disclosure of capital and leasing commitments [Line Items]
Contractual Commitment Term	7 years
Description Of Operating lease term	Operating leases are in place for leased premises and vehicles, and normally have a term between 1 and 11 years.

Lessor Commitments (Details) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
Disclosure of finance lease and operating lease by lessor [line items]
lease payments	$ 166	$ 1,579	$ 1,837	$ 996
- no later than 1 year [member]
Disclosure of finance lease and operating lease by lessor [line items]
lease payments	166	503	620	431
- between 1 year and 5 years [member]
Disclosure of finance lease and operating lease by lessor [line items]
lease payments	0	1,076	1,217	565
- greater than 5 years [member]
Disclosure of finance lease and operating lease by lessor [line items]
lease payments	$ 0	$ 0	$ 0	$ 0

Financial Risk Management (Details) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
Disclosure of Financial Risk Management [Line Items]
Non-derivatives Borrowings	$ 53,877	$ 75,416	$ 80,516	$ 57,795
Non-derivatives Finance lease obligations	0	0	0	106
Non-derivatives Trade payables	21,143	19,221	18,357	25,302
Non-derivatives Bank guarantees	0	0	582	372
Non-derivatives Total	75,020	94,637	99,455	83,575
Derivatives Gross future cash settlement on forward currency contracts - inflow	48,309	49,833	61,788	26,496
Derivatives Gross future cash settlement on forward currency contracts - (outflow)	(50,396)	(54,021)	(67,317)	(28,785)
Derivatives Total	(2,087)	(4,188)	(5,529)	(2,289)
Not later than one month [member]
Disclosure of Financial Risk Management [Line Items]
Non-derivatives Borrowings	26,482	56,333	63,054	22,322
Non-derivatives Finance lease obligations	0	0	0	66
Non-derivatives Trade payables	21,143	19,221	18,357	25,302
Non-derivatives Bank guarantees	0	0	0	0
Non-derivatives Total	47,625	75,554	81,411	47,690
Derivatives Gross future cash settlement on forward currency contracts - inflow	13,577	2,078	6,636	0
Derivatives Gross future cash settlement on forward currency contracts - (outflow)	(13,950)	(2,250)	(7,097)	0
Derivatives Total	(373)	(172)	(461)	0
Later than one month and not later than three months [member]
Disclosure of Financial Risk Management [Line Items]
Non-derivatives Borrowings	148	129	127	996
Non-derivatives Finance lease obligations	0	0	0	40
Non-derivatives Trade payables	0	0	0	0
Non-derivatives Bank guarantees	0	0	0	0
Non-derivatives Total	148	129	127	1,036
Derivatives Gross future cash settlement on forward currency contracts - inflow	13,837	9,900	18,755	1,841
Derivatives Gross future cash settlement on forward currency contracts - (outflow)	(14,453)	(11,326)	(20,454)	(2,029)
Derivatives Total	(616)	(1,426)	(1,699)	(188)
Later than three months and not later than one year [member]
Disclosure of Financial Risk Management [Line Items]
Non-derivatives Borrowings	27,247	18,631	572	17,496
Non-derivatives Finance lease obligations	0	0	0	0
Non-derivatives Trade payables	0	0	0	0
Non-derivatives Bank guarantees	0	0	0	0
Non-derivatives Total	27,247	18,631	572	17,496
Derivatives Gross future cash settlement on forward currency contracts - inflow	20,895	37,855	36,397	15,715
Derivatives Gross future cash settlement on forward currency contracts - (outflow)	(21,993)	(40,445)	(39,766)	(17,133)
Derivatives Total	(1,098)	(2,590)	(3,369)	(1,418)
Later than one year and not later than five years [member]
Disclosure of Financial Risk Management [Line Items]
Non-derivatives Borrowings	0	323	16,763	16,981
Non-derivatives Finance lease obligations	0	0	0	0
Non-derivatives Trade payables	0	0	0	0
Non-derivatives Bank guarantees	0	0	582	372
Non-derivatives Total	0	323	17,345	17,353
Derivatives Gross future cash settlement on forward currency contracts - inflow	0	0	0	8,940
Derivatives Gross future cash settlement on forward currency contracts - (outflow)	0	0	0	(9,623)
Derivatives Total	$ 0	$ 0	$ 0	$ (683)

Financial Risk Management (Details 1) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
Rating AA- [Member]
Disclosure of Financial Risk Management [Line Items]
Financial assets	$ 10,591	$ 2,655	$ 4,122	$ 1,194
Rating A+ [Member]
Disclosure of Financial Risk Management [Line Items]
Financial assets	94	(11)	24	0
External credit grades [member]
Disclosure of Financial Risk Management [Line Items]
Financial assets	10,685	2,644	4,146	1,194
Trade receivables [member] \| No External Ratings [Member]
Disclosure of Financial Risk Management [Line Items]
Financial assets	9,982	26,499	20,603	20,603
Later than one month and not later than six months [member] \| Trade receivables [member] \| No External Ratings [Member]
Disclosure of Financial Risk Management [Line Items]
Financial assets	12	187	1,046	1,046
Later than six months [member] \| Trade receivables [member] \| No External Ratings [Member]
Disclosure of Financial Risk Management [Line Items]
Financial assets	$ 9,970	$ 26,312	$ 19,557	$ 19,557

- Definition

The amount of assets that are: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the entity; or (d) a contract that will, or may be, settled in the entity’s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to receive a variable number of the entity’s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity’s own equity instruments. For this purpose the entity’s own equity instruments do not include puttable financial instruments classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity’s own equity instruments. [Refer: Financial instruments, class [member]; Financial liabilities]

+ References + Details

Financial Risk Management (Details 3) - Currency risk [member] - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
USD [Member] \| 10% Decrease [Member]
Disclosure of Financial Risk Management [Line Items]
Risk exposure associated with instruments sharing characteristic	$ 1,509	$ 1,196	$ 1,267	$ 797
USD [Member] \| 10% Increase [Member]
Disclosure of Financial Risk Management [Line Items]
Risk exposure associated with instruments sharing characteristic	(1,509)	(1,196)	(1,267)	(797)
AUD [Member] \| 10% Decrease [Member]
Disclosure of Financial Risk Management [Line Items]
Risk exposure associated with instruments sharing characteristic	805	(86)	(75)	(7)
AUD [Member] \| 10% Increase [Member]
Disclosure of Financial Risk Management [Line Items]
Risk exposure associated with instruments sharing characteristic	(805)	86	75	7
GBP [Member] \| 10% Decrease [Member]
Disclosure of Financial Risk Management [Line Items]
Risk exposure associated with instruments sharing characteristic	175	(34)	16	3
GBP [Member] \| 10% Increase [Member]
Disclosure of Financial Risk Management [Line Items]
Risk exposure associated with instruments sharing characteristic	(175)	34	(16)	(3)
EUR [Member] \| 10% Decrease [Member]
Disclosure of Financial Risk Management [Line Items]
Risk exposure associated with instruments sharing characteristic	136	(186)	(142)	(108)
EUR [Member] \| 10% Increase [Member]
Disclosure of Financial Risk Management [Line Items]
Risk exposure associated with instruments sharing characteristic	(136)	186	142	108
HKD [Member] \| 10% Decrease [Member]
Disclosure of Financial Risk Management [Line Items]
Risk exposure associated with instruments sharing characteristic	14	(1)	2	21
HKD [Member] \| 10% Increase [Member]
Disclosure of Financial Risk Management [Line Items]
Risk exposure associated with instruments sharing characteristic	$ (14)	$ 1	$ (2)	$ (21)

Financial Risk Management (Details 4) $ in Thousands	7 Months Ended	12 Months Ended
Financial Risk Management (Details 4) $ in Thousands	Jan. 31, 2017 NZD ($)	Jan. 31, 2018 NZD ($)	Jun. 30, 2016 NZD ($)	Jun. 30, 2015 NZD ($)
Later than six months and not later than one year [member] \| Buy USD sell NZD [Member]
Disclosure of Financial Risk Management [Line Items]
Notional amount	$ 3,479	$ 0	$ 22,378	$ 3,854
Average foreign exchange rate	0.7186	0	0.6424	0.7136
Not Later Than Six Month [Member] \| Buy USD sell NZD [Member]
Disclosure of Financial Risk Management [Line Items]
Notional amount	$ 47,292	$ 48,149	$ 38,697	$ 24,932
Average foreign exchange rate	0.6687	0.7061	0.6473	0.7320
Not Later Than Six Month [Member] \| Buy AUD sell NZD [Member]
Disclosure of Financial Risk Management [Line Items]
Notional amount	$ 2,250	$ 2,247	$ 5,242	$ 0
Average foreign exchange rate	0.8890	0.8900	0.9066	0
Not Later Than Six Month [Member] \| Buy GBP sell NZD [Member]
Disclosure of Financial Risk Management [Line Items]
Notional amount	$ 1,000	$ 0	$ 1,000	$ 0
Average foreign exchange rate	0.5784	0	0.4181	0

Financial Risk Management (Details 5) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
Disclosure of Financial Risk Management [Line Items]
Bank overdrafts	$ 0	$ 0	$ 0	$ 18,064
Total	52,121	68,998	77,593	56,273
Floating interest rate [member]
Disclosure of Financial Risk Management [Line Items]
Bank overdrafts	0	0	0	14,481
Working capital financing bank facility	22,489	31,710	32,877	3,387
Convertible notes	1,740	16,474	0	0
Borrowings	16,000	16,000	16,000	17,841
Total	$ 40,229	$ 64,184	$ 48,877	$ 35,709

Financial Risk Management (Details 6) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Disclosure of Financial Risk Management [Line Items]
Equity	$ (5,710)	$ (9,044)	$ (17,876)	$ 2,839	$ 16,037
10% Increase [Member]
Disclosure of Financial Risk Management [Line Items]
Equity	420	642	352	283
10% Decrease [Member]
Disclosure of Financial Risk Management [Line Items]
Equity	$ (420)	$ (642)	$ (352)	$ (283)

- Definition

The amount of residual interest in the assets of the entity after deducting all its liabilities.

+ References + Details

Financial Risk Management (Details Textual)	Jan. 31, 2018
AUD [Member]
Disclosure of Financial Risk Management [Line Items]
Closing foreign exchange rate	0.9073
USD [Member]
Disclosure of Financial Risk Management [Line Items]
Closing foreign exchange rate	0.7335
GBP [Member]
Disclosure of Financial Risk Management [Line Items]
Closing foreign exchange rate	0.5183
HKD [Member]
Disclosure of Financial Risk Management [Line Items]
Closing foreign exchange rate	5.7368
EUR [Member]
Disclosure of Financial Risk Management [Line Items]
Closing foreign exchange rate	0.5913

Tax assets and liabilities (Details) - NZD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Opening Balance	$ 0	$ 0	$ 5,589	$ 3,590
Charged to Income	0	0	(5,589)	1,999
Charged directly to Equity
Changes in Tax Rate	0	0	0	0
Exchange Differences	0	0	0	0
Closing Balance	0	0	0	5,589
Property, plant and equipment [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Opening Balance		0	1,668	1,251
Charged to Income			(1,668)	417
Charged directly to Equity
Changes in Tax Rate			0	0
Exchange Differences			0	0
Closing Balance			0	1,668
Doubtful debts [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Opening Balance		0	80	85
Charged to Income			(80)	(5)
Charged directly to Equity
Changes in Tax Rate			0	0
Exchange Differences			0	0
Closing Balance			0	80
Provision for annual leave [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Opening Balance		0	296	273
Charged to Income			(296)	23
Charged directly to Equity
Changes in Tax Rate			0	0
Exchange Differences			0	0
Closing Balance			0	296
Provision for long service leave [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Opening Balance		0	79	66
Charged to Income			(79)	13
Charged directly to Equity
Changes in Tax Rate			0	0
Exchange Differences			0	0
Closing Balance			0	79
Other payroll provisions [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Opening Balance		0	124	142
Charged to Income			(124)	(18)
Charged directly to Equity
Changes in Tax Rate			0	0
Exchange Differences			0	0
Closing Balance			0	124
Restated* general provisions [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Opening Balance		0	333	1,857
Charged to Income			(333)	(1,524)
Charged directly to Equity
Changes in Tax Rate			0	0
Exchange Differences			0	0
Closing Balance			0	333
Carried forward tax losses [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Opening Balance	630	630	3,494	194
Charged to Income	0	0	(2,864)	3,300
Charged directly to Equity
Changes in Tax Rate			0	0
Exchange Differences			0	0
Closing Balance	630	630	630	3,494
Intangible assets [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Opening Balance	(630)	(630)	(700)	(403)
Charged to Income	0	0	70	(297)
Charged directly to Equity
Changes in Tax Rate			0	0
Exchange Differences			0	0
Closing Balance	$ (630)	(630)	(630)	(700)
Inventories [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Opening Balance		$ 0	215	125
Charged to Income			(215)	90
Charged directly to Equity
Changes in Tax Rate			0	0
Exchange Differences			0	0
Closing Balance			$ 0	$ 215

Dividends (Details) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
Australian franking credits [Member]
Disclosure of dividends [Line Items]
Unused tax credits for which no deferred tax asset recognised	$ 3,995	$ 3,757	$ 3,808	$ 4,113
New Zealand imputation credits [Member]
Disclosure of dividends [Line Items]
Unused tax credits for which no deferred tax asset recognised	$ 236	$ 235	$ 235	$ 235

Dividends (Details Textual)	7 Months Ended	12 Months Ended
Dividends (Details Textual)	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Disclosure of dividends [Line Items]
Applicable tax rate	28.00%	28.00%	28.00%	28.00%
Australian franking credits [Member]
Disclosure of dividends [Line Items]
Tax rate effect of foreign tax rates		30.00%
New Zealand imputation credits [Member]
Disclosure of dividends [Line Items]
Applicable tax rate		28.00%

Key Management Personnel Remuneration (Details) - NZD ($)	7 Months Ended	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Details of key management personnel remuneration [Line Items]
Short-term employee benefits	$ 1,492,015	$ 1,742,530	$ 1,751,710	$ 2,039,156
Key management personnel compensation	$ 1,492,015	$ 1,742,530	$ 1,751,710	$ 2,039,156

Interests in Subsidiaries (Details)

7 Months Ended

12 Months Ended

Jan. 31, 2017

Jan. 31, 2018

Jun. 30, 2016

Jun. 30, 2015

Bendon Retail Limited [Member]

Disclosure of subsidiaries [line items]

Country of incorporation of subsidiary

New Zealand

Proportion of ownership interest in subsidiary

^[1]

100.00%

Bendon Holdings Limited [Member]

Disclosure of subsidiaries [line items]

Country of incorporation of subsidiary

New Zealand

Proportion of ownership interest in subsidiary

^[1]

100.00%

Bendon Holdings Pty Limited [Member]

Disclosure of subsidiaries [line items]

Country of incorporation of subsidiary

Australia

Proportion of ownership interest in subsidiary

^[1]

100.00%

Bendon Pty Limited [Member]

Disclosure of subsidiaries [line items]

Country of incorporation of subsidiary

Australia

Proportion of ownership interest in subsidiary

^[1]

100.00%

Bendon Intimates Pty Limited [Member]

Disclosure of subsidiaries [line items]

Country of incorporation of subsidiary

Australia

Proportion of ownership interest in subsidiary

^[1]

100.00%

PS Holdings No. 1 Pty Limited [Member]

Disclosure of subsidiaries [line items]

Country of incorporation of subsidiary

Australia

Proportion of ownership interest in subsidiary

^[1]

100.00%

Pleasure State Pty Limited [Member]

Disclosure of subsidiaries [line items]

Country of incorporation of subsidiary

Australia

Proportion of ownership interest in subsidiary

^[1]

100.00%

Pleasure State HK Limited [Member]

Disclosure of subsidiaries [line items]

Country of incorporation of subsidiary

Hong Kong

Proportion of ownership interest in subsidiary

^[1]

100.00%

Bendon UK Limited [Member]

Disclosure of subsidiaries [line items]

Country of incorporation of subsidiary

United Kingdom

Proportion of ownership interest in subsidiary

^[1]

100.00%

Bendon USA Inc [Member]

Disclosure of subsidiaries [line items]

Country of incorporation of subsidiary

United States of America

Proportion of ownership interest in subsidiary

^[1]

100.00%

[1]	The percentage of ownership interest held is equivalent to the percentage voting rights for all subsidiaries.

Fair Value Measurement (Details) - Recurring fair value measurement [member] - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
Derivative on Convertible Notes [Member]
Financial liabilities
Financial liabilities	$ 1,110	$ 4,112
Foreign exchange contracts [Member]
Financial assets
Financial assets	0	0	$ 0	$ 2,289
Financial liabilities
Financial liabilities	2,087	4,188	5,531	1
Level 1 of fair value hierarchy [member] \| Derivative on Convertible Notes [Member]
Financial liabilities
Financial liabilities	0	0
Level 1 of fair value hierarchy [member] \| Foreign exchange contracts [Member]
Financial assets
Financial assets	0	0	0	0
Financial liabilities
Financial liabilities	0	0	0	0
Level 2 of fair value hierarchy [member] \| Derivative on Convertible Notes [Member]
Financial liabilities
Financial liabilities	0	0
Level 2 of fair value hierarchy [member] \| Foreign exchange contracts [Member]
Financial assets
Financial assets	0	0	0	2,289
Financial liabilities
Financial liabilities	2,087	4,188	5,531	1
Level 3 of fair value hierarchy [member] \| Derivative on Convertible Notes [Member]
Financial liabilities
Financial liabilities	1,110	4,112
Level 3 of fair value hierarchy [member] \| Foreign exchange contracts [Member]
Financial assets
Financial assets	0	0	0	0
Financial liabilities
Financial liabilities	$ 0	$ 0	$ 0	$ 0

Fair Value Measurement (Details 1) $ in Thousands	12 Months Ended
Fair Value Measurement (Details 1) $ in Thousands	Jan. 31, 2018 NZD ($)
Disclosure of fair value measurement [Line Items]
Balance at 31 January 2017	$ 110,276
Balance at 31 January 2018	93,806
Level 3 of fair value hierarchy [member]
Disclosure of fair value measurement [Line Items]
Balance at 31 January 2017	4,112
Changes in fair value	1,110
Conversion	(4,112)
Balance at 31 January 2018	$ 1,110

Fair Value Measurement (Details 2) - Level 3 of fair value hierarchy [member]	12 Months Ended
	Jan. 31, 2018 NZD ($)
Disclosure of fair value measurement [Line Items]
Face value (NZD)	$ 3,624,198
Interest rate of note	10.00%
Risk free rate	1.66%
Term of the instrument	August 2019
Expected volatility	128.70%
Dividend yield	0.00%

Contingencies (Details) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jun. 30, 2015
Landlords [Member]
Disclosure of contingent liabilities [line items]
Rental Guarantees	$ 419	$ 571	$ 534	$ 313
JP Morgan Chase Bank [Member]
Disclosure of contingent liabilities [line items]
Standby Letter Of Credit	291	286	279	0
UK Customs Department [Member]
Disclosure of contingent liabilities [line items]
Guarantee	329	282	303	372
ANZ for Merchant Service [Member]
Disclosure of contingent liabilities [line items]
Guarantee	$ 172	$ 0	$ 0	$ 0

Related Parties (Details) - NZD ($)	7 Months Ended	12 Months Ended
Related Parties (Details) - NZD ($)	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Cullen Investments Limited [Member]
Trade and other payables [abstract]
Opening balance	$ 9,613,014	$ 13,051,321	$ 4,010,083	$ 3,381,579
Closing balance	13,051,321	11,535,677	9,613,014	4,010,083
Trade and other receivables [abstract]
Interest not charged	0	0	0	0
Interest paid/payable	0	0	0	0
Impairment	0	0	0	0
Whitespace Atelier Limited [Member]
Trade and other payables [abstract]
Opening balance	0	0
Closing balance	0	272,665	0
Trade and other receivables [abstract]
Interest not charged	0	0
Interest paid/payable	0	0
Impairment	0	0
Naked Inc. [Member]
Trade and other payables [abstract]
Opening balance	0	0
Closing balance	0	(1,368,577)	0
Trade and other receivables [abstract]
Interest not charged	0	0
Interest paid/payable	0	0
Impairment	0	0
PS Holdings No. 2 Pty Limited [Member]
Trade and other payables [abstract]
Opening balance			$ 0	(21,078)
Closing balance				0
Trade and other receivables [abstract]
Interest not charged				0
Interest paid/payable				0
Impairment				$ 0
FOH Online Inc. [Member]
Trade and other payables [abstract]
Opening balance		0
Closing balance	$ 0	$ 3,518,009

Related Parties (Details Textual) $ in Thousands	7 Months Ended		12 Months Ended
Related Parties (Details Textual) $ in Thousands	Jan. 31, 2017 NZD ($)	Jan. 31, 2017 USD ($)	Jan. 31, 2018 NZD ($)	Jan. 31, 2018 USD ($)	Jan. 31, 2017 USD ($)	Jun. 30, 2016 NZD ($)	Jun. 30, 2016 USD ($)	Jun. 30, 2015 NZD ($)	Jun. 30, 2015 USD ($)	Jan. 31, 2018 USD ($)	Jan. 31, 2017 USD ($)
Disclosure Of Related Party [Line Items]
Prepayments	$ 1,779		$ 1,792			$ 2,659		$ 935
Revenue	96,284		131,388			151,000		138,838
Profit (loss) before tax	$ (15,114)		$ (37,533)			$ (15,200)		$ (14,379)
Cullen Group [Member]
Disclosure Of Related Party [Line Items]
Proportion Of Ownership Percentage			71.80%							71.80%
Bendon Group [Member]
Disclosure Of Related Party [Line Items]
Directors' remuneration expense		$ 3,438,307		$ 1,515,644			$ 2,056,676		$ 628,604
Other expenses, by nature		$ 1,012,871		$ 0			$ 3,546,255		$ 0
Settlement Period			next 12 months.	next 12 months.
Whitespace Atelier Limited [Member]
Disclosure Of Related Party [Line Items]
Purchases of goods, related party transactions				$ 13,281,727
Prepayments										$ 272,665	$ 0
Amounts payable, related party transactions										1,368,577
Naked Brand Inc. [Member]
Disclosure Of Related Party [Line Items]
Amounts payable, related party transactions										$ 608,480	0
FOH Online Corp [Member]
Disclosure Of Related Party [Line Items]
Percentage of voting equity interests acquired			100.00%							100.00%
Revenue				1,078,077	$ 0
Profit (loss) before tax				617,814	$ 0
Receivables due from related parties										$ 3,518,009	$ 0
Consignment agreement [Member] \| Naked Brand Inc. [Member]
Disclosure Of Related Party [Line Items]
Related Party Transactions Expenses				430,420
Merger Agreement [Member] \| Naked Brand Inc. [Member]
Disclosure Of Related Party [Line Items]
Related Party Transactions Expenses				$ 329,677

Cash Flow Information (Details) - NZD ($) $ in Thousands	7 Months Ended	12 Months Ended
Cash Flow Information (Details) - NZD ($) $ in Thousands	Jan. 31, 2017	Jan. 31, 2018	Jun. 30, 2016	Jun. 30, 2015
Cash Flow Information [Abstract]
Loss for the year	$ (15,979)	$ (37,593)	$ (20,746)	$ (13,105)
Cash flows excluded from profit attributable to operating activities interest paid on borrowings	6,238	8,792	10,182	4,402
Non-cash flows in profit:
- depreciation and amortisation expense	1,842	3,030	3,516	5,718
- impairment expense	292	1,914	2,157	0
- fair value gain/(loss) on Convertible Notes derivative	592	(2,393)	0	0
Changes in assets and liabilities:
- (increase) in trade and other receivables	(4,748)	14,925	(6,518)	(1,046)
- (increase) in current tax receivable	35	52	(88)	0
- (increase)/decrease in derivative assets	0	0	2,289	(2,225)
- (increase)/decrease in inventories	(179)	6,638	8,088	(15,646)
- (increase)/decrease in deferred tax asset/(liability)	0	0	5,589	(2,160)
- (increase) in related party receivables	(3,438)	(906)	(5,603)	(650)
- increase/(decrease) in trade and other payables	2,078	6,956	(11,113)	12,817
- increase/(decrease) in income taxes payable	635	152	(483)	36
- increase/(decrease) in provisions	367	39	311	(2,507)
- increase/(decrease) in foreign currency derivative liability	(1,343)	(5,104)	5,530	(1,982)
- net exchange differences	90	(618)	1,849	(851)
Cashflows from operations	$ (13,518)	$ (4,116)	$ (5,040)	$ (17,199)

Events occurring after the reporting date (Details Textual)	1 Months Ended	7 Months Ended	12 Months Ended
	Apr. 29, 2018 USD ($)	Jan. 31, 2017 NZD ($)	Jan. 31, 2018 NZD ($)	Jan. 31, 2018 USD ($)	Jun. 30, 2016	Jun. 27, 2016 NZD ($)
Disclosure Of Events After Reporting [Line Items]
Issue of equity		$ 24,840,000	$ 22,990,000
Borrowings, interest rate				15.00%
Term loan facility [Member]
Disclosure Of Events After Reporting [Line Items]
Notional amount						$ 16,000,000
Borrowings, interest rate		4.84%		5.55%	4.77%
Events occurring after reporting date [Member]
Disclosure Of Events After Reporting [Line Items]
Description of Borrowings	Each facility is subject to a facility fee of NZD$500,000 upon first draw down from each facility.
Borrowings, interest rate	7.50%
Events occurring after reporting date [Member] \| Term loan facility [Member] \| Bank of New Zealand [Member]
Disclosure Of Events After Reporting [Line Items]
Notional amount	$ 20,000,000			$ 36,400,000
Events occurring after reporting date [Member] \| New Term Loan Facility [Member] \| Bank of New Zealand [Member]
Disclosure Of Events After Reporting [Line Items]
Notional amount	1,345,000
Issue of equity	23,500,000
Events occurring after reporting date [Member] \| Facility A [Member]
Disclosure Of Events After Reporting [Line Items]
Notional amount	10,000,000
Events occurring after reporting date [Member] \| Facility B [Member]
Disclosure Of Events After Reporting [Line Items]
Notional amount	$ 10,000,000

Financial Risk Management (Details 2) - NZD ($) $ in Thousands	Jan. 31, 2018	Jan. 31, 2017	Jun. 30, 2016	Jan. 31, 2015
Trade receivables [member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial assets	$ 1,903	$ 2,144	$ 2,389	$ 1,577
Trade receivables [member] \| AUD [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial assets	328	424	531	5
Trade receivables [member] \| USD [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial assets	199	211	30	167
Trade receivables [member] \| GBP [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial assets	0	0	0	0
Trade receivables [member] \| EUR [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial assets	1,376	1,509	1,828	1,405
Trade receivables [member] \| HKD [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial assets	0	0	0	0
Trade payables [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial liabilities	12,146	9,051	12,801	15,683
Trade payables [Member] \| AUD [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial liabilities	781	315	203	334
Trade payables [Member] \| USD [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial liabilities	11,209	8,557	12,438	14,942
Trade payables [Member] \| GBP [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial liabilities	74	131	117	50
Trade payables [Member] \| EUR [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial liabilities	29	32	8	6
Trade payables [Member] \| HKD [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial liabilities	53	16	35	351
Cash and cash equivalents [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial assets	9,184	1,874	1,396	914
Cash and cash equivalents [Member] \| AUD [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial assets	1,660	926	965	422
Cash and cash equivalents [Member] \| USD [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial assets	7,190	401	163	194
Cash and cash equivalents [Member] \| GBP [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial assets	77	131	110	135
Cash and cash equivalents [Member] \| EUR [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial assets	92	388	149	103
Cash and cash equivalents [Member] \| HKD [Member]
Disclosure of Financial Risk Management [Line Items]
Foreign currency denominated financial assets	$ 165	$ 28	$ 9	$ 60