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  1. #61
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    retail across the ditch not looking good.
    Aust. struggling consumer wise !!
    NZ Inc doing a lot better..
    check out WRT:ASX
    BB
    Cud B good buying for Kiwi's in ozzy very soon

  2. #62
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    Westpac Mcd something Consumer Confidence Index in NZ hits multi year high

    As ny nate Dominik says People are shifting out of saving mode and into spending mode," ..... "The survey also chimes with our long-held view that low interest rates and a rising housing market would boost spending."

  3. #63
    percy
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    Quote Originally Posted by winner69 View Post
    Westpac Mcd something Consumer Confidence Index in NZ hits multi year high

    As ny nate Dominik says People are shifting out of saving mode and into spending mode," ..... "The survey also chimes with our long-held view that low interest rates and a rising housing market would boost spending."
    Yeah Right.!!!
    Dominik needs to spend an hour behind the cash register at any retail store before he opens his mouth!!!

  4. #64
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    Even though well signalled mot such a great result for HLG, esp when compared to the recent Kathmandu one

    Still essentially a Hallensteins and Glassons NZ business - that's where the money is made - and stuff all contribution from Australia and Storm

    Looking forward this is a bit of a worry .... (quote)The first 7 weeks of the New Year have been difficult with group sales down on last year -9%. While this period does not have a significant impact on earnings for the future period, it does demonstrate how competitive the environment is at present. .... esp after a poor H2 compared to H1 as well

  5. #65
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    I feel they are under exteme pressure from online retailers which is only going to worsen. Once a punter receives 1 purchase of the right size their trust builds. NZSale/OZSale are in the middle of huge growth.
    http://www.ragtrader.com.au/news/ozs...rikes-millions

  6. #66
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    Maybe the need to bring the Bunny's back across - I do wonder if anyone who attended that party would ever wear a Hallenstiens suit. Likewise didn't they do a Will.I.am private concert.
    Free delivery worldwide with Book Depository http://www.bookdepository.co.uk

  7. #67
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    Anyone attend the opening day for the new flagship Wellington store yesterday? As a customer/shareholder I was quite impressed.

    http://www.stuff.co.nz/business/indu...opening-crowds

  8. #68
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    Quote Originally Posted by luigi View Post
    Anyone attend the opening day for the new flagship Wellington store yesterday? As a customer/shareholder I was quite impressed.

    http://www.stuff.co.nz/business/indu...opening-crowds
    mmm just checked out the Visa statement for the month, it seems this new store was to my wife's liking. On the positive side cheaper than Trelise Cooper , will be keeping an eye on this always good to hedge up the risk !!!!!

  9. #69
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    Quote Originally Posted by boofters View Post
    I feel they are under exteme pressure from online retailers which is only going to worsen. Once a punter receives 1 purchase of the right size their trust builds. NZSale/OZSale are in the middle of huge growth.
    http://www.ragtrader.com.au/news/ozs...rikes-millions

    I hate to say I told you so ... well not really I love it :-)...

  10. #70
    percy
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    That is some down grade.

  11. #71
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    Quote Originally Posted by percy View Post
    That is some down grade.
    yes, you would wonder if that dividend will hold.

    I admit to having shopped at Hallensteins in the past. I could easily spend $200 (4-5 items of clothing). Last time I walked in, I couldn't find anything I liked. Spent $0. I felt they had narrowed their fashion to a specific demographic (much younger).

  12. #72
    percy
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    Quote Originally Posted by noodles View Post
    yes, you would wonder if that dividend will hold.

    I admit to having shopped at Hallensteins in the past. I could easily spend $200 (4-5 items of clothing). Last time I walked in, I couldn't find anything I liked. Spent $0. I felt they had narrowed their fashion to a specific demographic (much younger).
    I don't follow closely,so may be well off the mark,but I thought they paid out all their profit in dividends,in which case the divie will not hold.
    With Hallensteins,who I regard as top retailers, finding the rag trade hard/soft I wonder how the not so good retailers are trading?
    I know Postie are having difficulties,but much of that is of their own making.

  13. #73
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    I see the price of this stock now has a 3 in front of it instead of a 4 or a 5...hopefully plenty of people buy their Christmas presents at HLG this year!

  14. #74
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    HLG were a top retailer in past years but I wonder about them these days. Where does their (former) demographic shop for clothes now?

  15. #75
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    Quote Originally Posted by moosie_900 View Post
    Still shopping there for semi casual stuff. Spent quite a bit as well I must say! have noticed a marked decline in quality and breadth of products though...
    Have to disagree here. I have two teenage daughters and they have purchased quite a bit of clobber here recently. Mum has had a go at a couple of things as well, they love the new store design in Wellington as well as the clothes. This shopping will be at the expense of more expensive outlets.
    The guys at work tell me their sons and friends have all loaded up on dinner suits from them as well, very reasonable combo available aparently for leavers balls etc.....
    DISC: None held

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