Originally Posted by
nextbigthing
While I see clothing internet sales growing, I don't think it will become the nextbigthing for quite some time at least (and HLG have every opportunity to maintain their position, also on the internet) Why? Buying some generic good like electronics on the net is fine, you know what you're getting. But with clothing, you order a medium and it is more like a small, so you have to return it. The large arrives but it sits funny and looks stupid so you decide to go for a different style altogether. That item then looks like a different colour to the photo, back it goes. My point being for stuff like clothing and shoes it's easier to just pop into the store and get what you need, unless you have a month and time to courier back and forward. Meaning HLG are quite safe IMHO and I hold in my diversified dividend portfolio. I like that clean balance sheet with no debt.
Why on earth anyone would want to buy some of the C*@p they sell, like the super tight chino pants that only go 3/4 way down your leg is beyond me*1, however I'm quite happy to profit from those who desire to dress like they're not quite right upstairs.
*1 sorry to anyone who wears Hallensteins supertight chinos*2
*2 Actually I'm not sorry at all. You look stupid, but thanks for your money.