HLG - Hallenstein Glasson

[Topagent]

I have an 16 year old and 18 year old daughters and they love shopping online. So do their friends though do shop as well if what they want is from a store they haven't been to before. But after a few purchases they trust the sizing ect and are to busy socialising to go back and buy online instead.

[t.rexjr]

I have an 16 year old and 18 year old daughters and they love shopping online. So do their friends though do shop as well if what they want is from a store they haven't been to before. But after a few purchases they trust the sizing ect and are to busy socialising to go back and buy online instead.

Do they not hang out at the Mall/Glassons?

It'll be interesting to see if that changes once their income and ability to spend increases. I perceive online as being a one or two item shop where instore people end up getting one or two extra items.

Their bodies are likey to change as welll which makes instore buying more likely. Their is a hint of fear on this thread with online vs the future of instore. Yes things are changing and online is a growing market but don't underestimate the need or future of quality stores. Glassons is a no brainer for me. It has a vast, teenager to grannies market appeal. Hallensteins is the more likely to show a larger impact from online shopping. If they're any good at what they do they'll trott along happily in both worlds.

[arc]

I have an 16 year old and 18 year old daughters and they love shopping online. So do their friends though do shop as well if what they want is from a store they haven't been to before. But after a few purchases they trust the sizing ect and are to busy socialising to go back and buy online instead.

I am also noticing the differences with "Millennial children" They certainly display a different mind set to pre 1980's folk. For them there is no holding back on what goes up on facebook twitter, ??. its all about live-for-the-moment.
This is something that Businesses must come to grips with or risk being sidelined and marginalized.

[Jonboyz]

My wife's friends and work colleauges are mostly GenX. Apparently, most of them buy the bulk of their clothes online.

Amazon.com is highly disruptive to retail and although it might not completely replace physical stores it can certainly threaten their profitability. I'm very wary of investing in retail at the moment, and will avoid the sector for the meanwhile.

on the otherhand, amazon may be getting too big for its own boots and could be on the receiving end of antitrust/monopoly laws over the next few years...

Interesting read: http://www.cnbc.com/2017/07/10/heres...-industry.html

And

http://www.nzherald.co.nz/business/n...ectid=11895380


disc. Sold all HLG 3-4 months ago. Hold Amazon.com stocks (approx 8% of portfolio)

[DarkHorse]

Thanks for the links.
It's interesting to note from CNBC re Amazon's foray into apparel:
- It's growing from a very small base - still a tiny fraction of the US market
- Most sales are in underwear - ie branded stuff you can't try on (most menswear I buy is 'own brand' - not at all like books or electronics. If you go to eg the Levis website they only refer to 'local stockists'...the status quo suits established high margin brands)
- Amazon are looking to buy bricks and mortar clothing stores to establish a physical presence

[Raz]

Thanks for the links.
It's interesting to note from CNBC re Amazon's foray into apparel:
- It's growing from a very small base - still a tiny fraction of the US market
- Most sales are in underwear - ie branded stuff you can't try on (most menswear I buy is 'own brand' - not at all like books or electronics. If you go to eg the Levis website they only refer to 'local stockists'...the status quo suits established high margin brands)
- Amazon are looking to buy bricks and mortar clothing stores to establish a physical presence

I go to Portland for my tax free shopping and always check out Washington Square Mall..they now have a amazon physical store...its compelling.

[see weed]

Close at 318 - that's good

Could say I've got the expected final dividend early if I cash up now.

Think I'll hang in there for a while longer to see what happens - might even get to 340, maybe 350 as the divie hounds startup piling in (but they should have got in at 300 odd)

Four months to wait for next div. Plenty of other divs. to chase before then eg AIR.

[Kay]

Should we be expecting a trading update this/next week?

I only ask as previous form suggests there should be...or is it discretionary and I might be waiting for the full year in a month or two?

[winner69]

Should we be expecting a trading update this/next week?

I only ask as previous form suggests there should be...or is it discretionary and I might be waiting for the full year in a month or two?

they generally do don't they .....but maybe this time no news is good news

[Kay]

they generally do don't they .....but maybe this time no news is good news

I will be quite happy with average news and a friendly 16c dividend!