-
11-05-2019, 12:03 PM
#3291
Originally Posted by couta1
With all the retail clothing companies that have folded over the last couple of years HLG have obviously hit the sweet spot and in tune with what the punters want at any given point in time ,adapt or sink well done HLG.
Yes indeed. https://www.munns.co.nz/ closing after trading for over 100 years reinforces exactly what you've suggested, apparel companies either adapt or they die.
Last edited by Beagle; 11-05-2019 at 01:49 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
11-05-2019, 01:37 PM
#3292
Member
Originally Posted by winner69
I used them for my wedding last year for first time however every time I walked by in Wellington they seem empty and feels conservative from outside so I thought they keep their old clients. Is a shame to loose this kind of stores.
-
11-05-2019, 01:49 PM
#3293
Member
Originally Posted by winner69
Really nice black shiny shoes with the suit ... usually wear decent pair of hiking boots with the jeans (more comfortable than joggers) ...my Red Band gummies when out in the garden ...bare feet in the house.
Wouldn’t be seen dead in jandals or sandals
At that time also I was looking for shoes and nothing near the $100, mostly around $200. With the expenses of the wedding I didn't want to spend a lot so I went to Hannah's and found a nice Julius Marlow model at $100 which then I got $20 with Amex. Though I haven't worn again after the wedding. However HLG had last winter a sale on shoes, 2 pairs at $100, it seems good value for money so I bought them to wear one at work and one for something semi casual.
I see a lot of people wearing suits in Wellington daily, however I believe they prefer to pay for something mid range. There is a brand that I like, Rembrandt which Munns sells and is from Wellington, just a jacket cost $400 ish. OK is very nice but if someone with a mortgage and say an 80K salary I don't think will buy it.
-
11-05-2019, 02:15 PM
#3294
Munns is closing all shops. As we are ,as a nation, becoming scruffier, then hopefully HLG will provide.
-
11-05-2019, 02:26 PM
#3295
Haven't bought an clothes in NZ for a long time. Mostly buy if I'm in the USA.
Much more choice and better prices though with the dollar steadily dropping that's making stuff over there quite a bit more expensive.
Tee shirts, jean shorts and jandals are the summer stable for me !
Occasional shirt for going out for dinner.
Think the last time I wore my suit was to my wife's fathers funeral.. Even then I was the only one in one, and that was 9 years ago!
-
12-05-2019, 10:03 AM
#3296
Member
Originally Posted by MauroNZ
I used them for my wedding last year for first time however every time I walked by in Wellington they seem empty and feels conservative from outside so I thought they keep their old clients. Is a shame to loose this kind of stores.
I don't think the Wellington store ever recovered from having to move from the Lambton Quay end of Willis Street to down towards the Majestic Centre. The manager used to live across the road from me and said the store never picked up to the levels of the previous location. But then I also seldomly visited their store since the move. I prefer Farmer's on their 50% off days (to show what a style guru I am!).
-
12-05-2019, 12:42 PM
#3297
Originally Posted by 777
Munns is closing all shops. As we are ,as a nation, becoming scruffier, then hopefully HLG will provide.
Great opportunity to pick a nice suit in the closing down sale.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
12-05-2019, 02:59 PM
#3298
Casualisation' of menswear blamed for Munns closure" said on the news.
mean while warehouse Q3 sales up 1.9%...
when wages up...automatically everything up....
-
14-05-2019, 12:40 PM
#3299
I Love the way this stock has kept my overall portfolio in the blue for over two years now especially during downturns, something to be said for low beta and low liquidity aye.
-
14-05-2019, 01:42 PM
#3300
Member
Originally Posted by couta1
I Love the way this stock has kept my overall portfolio in the blue for over two years now especially during downturns, something to be said for low beta and low liquidity aye.
Today's price is still a buy for you?
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks