Gen Z’s Love of Malls Boosts NZ Stock, Defying Cost-of-Living Blues

Shares of New Zealand's Hallenstein Glasson Holdings are climbing, boosted by mall-loving Gen Z teens who are helping the fast-fashion retailer defy consumer gloom at home and in Australia. The company's performance contrasts with broader cost-of-living pressures, suggesting younger shoppers continue to prioritize discretionary spending on fashion.