Harvey Norman New Zealand Risk Report

⚖️ Legal & Regulatory

Harvey Norman faces several legal and regulatory challenges, highlighted by multiple lawsuits and compliance risks. These legal issues could impact financial stability and market perception if not managed effectively. Class actions and disputes over sales and contracts suggest sustained scrutiny.

• Harvey Norman was hit with a new class action over warranty sales 🗓 2024-09-24.
• The company faced class action about junk extended warranties 🗓 2024-09-18.
• Alleged misleading interest-free deals led to a possible lawsuit 🗓 2022-10-05.

🏗️ Operational & Business Continuity

Operational disruptions have challenged Harvey Norman's business continuity. Severe weather events and declining sales figures highlight potential vulnerabilities in maintaining stable operations across different locations.

• A store in Nelson almost had its roof ripped off by wild weather 🗓 2025-07-12.

📜 Innovation & R&D

Harvey Norman is investing in next-generation AI technology aimed at boosting sales and enhancing consumer engagement. These innovations indicate a proactive approach to evolving market demands, particularly in the retail sector.

• Harvey Norman is betting big on AI as smart home tech reshapes consumer demand 🗓 2025-02-28.
• The company eyes next-gen AI tech to drive future growth 🗓 2025-02-28.