HLG - Hallenstein Glasson

[iceman]

I wonder who is the secured lender calling the shots ?

[Snow Leopard]

Topshot in receivership - Round 1 to HLG

But then many on this thread would say if Topshot can't hack it in NZ and Australia then the writing really on the wall for HLG

Topshop in receivership - Round 1 to HLG

If Topshop can't hack it in NZ and Australia then the writing is really on the wall for other recent come-over multinationals as well.

Best Wishes
Paper Tiger

[winner69]

I wonder who is the secured lender calling the shots ?

BNZ I understand but I think it is slightly more complicated than that

A couple of big names involved eh

[Raz]

BNZ I understand but I think it is slightly more complicated than that

A couple of big names involved eh

Business model way wrong....price points way wrong....quality way wrong..where do go after that.....

[Beagle]

Topshop in receivership - Round 1 to HLG

If Topshop can't hack it in NZ and Australia then the writing is really on the wall for other recent come-over multinationals as well.

Best Wishes
Paper Tiger

I 'm with you PT on this one. Hard to establish one or two shops and make a profit. After the initial enthusiasm from the millennials has evaporated...

[Raz]

I 'm with you PT on this one. Hard to establish one or two shops and make a profit. After the initial enthusiasm from the millennials has evaporated...

Not so sure on that one...usually I would agree however H & M in particular has way more sustained foot traffic than nearly any other shop in the country..don't know if that coverts to sales as not close enough to them...week in, week out way more than Zara or Top Shop ever have achieved...I'm involved with a key restaurant in a major city in the US , we serve over 6000 people per day...you may well be surprised what a key site can achieve... H & M has a similar vibe when i pass it at sylvia park..they may struggle to find another site to build off that thou...

[Jay]

H & M opening in the new Christchurch Mall thingy in the next few days or may have been today, I read - percy can probably confirm

[Raz]

H & M opening in the new Christchurch Mall thingy in the next few days or may have been today, I read - percy can probably confirm

This weekend

[percy]

Oh dear..........and I thought she was doing so well.?

[Beagle]

It is disappointing that her new tenure was fairly short but the Euro style format of the remodeled Glassons stores has been performing very well and the company is able to roll that refreshed format out as capex allows with or without her. Her replacement could have some other good idea's.