HLG - Hallenstein Glasson

[Beagle]

Yeap, I've put the saddle away, not looking for another ride around the paddock anymore.

[winner69]

Graeme said this in March 'The record temperatures in both New Zealand and Australia have not been conducive to early autumn sales'

Still seems very warm for autumn coming on winter

Wonder how sales are going?

One thing though - if the huge overstocks were summer gear they have had longer to quit it. That's good

On the other hand if it's winter gear might be a big problem if we don't have a winter this year

[percy]

Graeme said this in March 'The record temperatures in both New Zealand and Australia have not been conducive to early autumn sales'

Still seems very warm for autumn coming on winter

Wonder how sales are going?

One thing though - if the huge overstocks were summer gear they have had longer to quit it. That's good

On the other hand if it's winter gear might be a big problem if we don't have a winter this year

Clothing retailers' enjoy bigger profits on winter clothing,than on summer clothing.
They do not sell winter clothing in warm weather.

[winner69]

Wonder what the weighting of Hallensteins / Glassons trans-seasonal stock is?

[winner69]

Whose the first going to be to have to have a winter clearance sale before winter begins is whats being asked

http://www.smh.com.au/business/retai...04-gommlw.html

Probably a further drag on Glassons Aussie already pretty mediocre performance

[percy]

Logistics of clothing retailing is you must clear stock for incoming stock.
Unless we get a very cold snap soon, I would think clothing retailers "appear to have a problem".
A very big one.!
A year of "the clearance sale."
That means a year of dismal earnings.

[IAK]

Logistics of clothing retailing is you must clear stock for incoming stock.
Unless we get a very cold snap soon, I would think clothing retailers "appear to have a problem".
A very big one.!
A year of "the clearance sale."
That means a year of dismal earnings.

Ditto Kathmandu.

[crighton100]

The cold snap came just at the right time [& it certainly is cold],I think you will find these clothing companies will do very well in the next few months.You watch the educated buyers come in & the shares go up.The other thing to remember is the kiwi dollar has had a bit of a lift lately which will also help their cause for the coming season [you really dont have to be a rocket scientist to work these things out].

[janner]

The cold snap came just at the right time [& it certainly is cold],I think you will find these clothing companies will do very well in the next few months.You watch the educated buyers come in & the shares go up.The other thing to remember is the kiwi dollar has had a bit of a lift lately which will also help their cause for the coming season [you really dont have to be a rocket scientist to work these things out].

Kiwi's are not paid like rocket scientists.. Therefore unable to rush out and buy when ever they want or need to.

Unless of course it is on the " Never Never ".

[winner69]

You would think that if Kathmandu are creaming it at the moment then HLG should be as well.

Share price pretty low at the moment, struggling to rise above multi year lows