Her results at PPL are hardly what anyone would call "stellar" are they ! The chain could hardly be trading worse could it !
Suppose all the trendy women are listening to Hillary Barry and buying online. Blame Paul Henry's new Breakfast chat show for that eh, they seem to make a good team.
....Mrs. Market likes it. I guess they wouldnt have got her back unless she had a positive history there already.......if she can turn Glassons around that should impact the bottom line many percentage points. All they need now is for the $NZ to continue strengthening and all might be rosy.
....Mrs. Market likes it. I guess they wouldnt have got her back unless she had a positive history there already.......if she can turn Glassons around that should impact the bottom line many percentage points. All they need now is for the $NZ to continue strengthening and all might be rosy.
In that case they'd be the odd one out. All other importing retailers have warned recently that the stronger NZD is creating head winds for them.
Please disregard the above nonsense. They were bemoaning the WEAKER NZD!
From that article - Analysts put the continued poor results at Glassons partly down to this high management churn.
Does the return of the prodigal daughter count as churn?
Returns policy at Hallensteins obviously quite generous (though retailers don't usually take back used goods unless they obviously broken)
Also from that article...So she reckons she's learned lessons from her time away from HLG...one presumes at PPL. What lessons are those one wonders considering PPL is on its knees trading at the behest and pleasure of the bank after her tenure there. I hope she proves me wrong but I am cautious.
$Kiwi is slightly above the 20 year average so called Goldilocks level. Retailers better get fit and get used to this new normal IMO.
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Originally Posted by winner69
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