Yes I said Hallensteins not Hallenstein Glassons :) Probably not a big deal but he sold 95% of his shares which to me seems like a lot for someone at that level, even if buying something nice.
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Went shopping (st lukes) y'day with wife as she was looking some stuff at Glassons. From what I saw the store was packed with all those lovely women folk and some were waiting for their turn at trail rooms (think there were about 10 of them).
She did end up buying what she wanted and I don't think there any slowdown in demand. And the men's shop across Hallensteins was busy too...
Some more concurrence ahead: https://www.nzherald.co.nz/business/...ectid=11518874
Cheers for your contribution emveha. One of the many good things about this forum is all the eyes and ears out there reporting in stuff the`ve picked up from around. This article however is a little old , H& M arrived October 2016. I still stand by my prediction made 3 months ago that they will disappear into the retail graveyard because of their large store format and cheaper clothing.Wrong so far.... HLG on the other hand seem to have figured the optimum "small and Neat " size. Even there flagship stores in Wellies and CHCH aren't too big.
That article might be a little old but I expect that emveha meant to post this article from yesterday: https://www.nzherald.co.nz/business/...ectid=12062610
H&M opening in Commercial Bay on the cnr of Queen and Custom St. Right in the heart of downtown, later this year.