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Derivative Financial Instruments
12 Months Ended
Jan. 31, 2020
Disclosure Of Derivative Financial Instruments Abstract  
Derivative Financial Instruments

18 Derivative Financial Instruments

 

    31 January 2020
NZ$000’s
   

31 January 2019

NZ$000’s

 
Current liabilities                
Foreign exchange contracts     -       1,484  

 

In order to mitigate exchange rate movements and to manage the inventory costing process, the Group has previously entered into forward currency contracts to purchase US dollars. As at 31 January 2020, there were no forward exchange contracts in place due to the uncertainty over timing of inventory purchases and related funding constraints.