HLG - Hallenstein Glasson

[Waltzing]

BRISC is the only NZ retail now held except for a now very small HLG (a proxy Aus stock) that is basically just waiting for AVE down.

Dumped all other retail except some EBO for medical.

[LaserEyeKiwi]

The Stats NZ Electronic Card Spend data over the years has some interesting insights

Here's one chart of Apparel sales and Durables sales. Annual sales numbers since 2017

Apparel retailing not a growth sector - even before covid saes were flat and still to recover to pre-covid levels, I'd hazzard a gues that lost sales from lock downs are gone forever

Durables (Includes furniture, hardware, and appliance and other sectors but excludes food, vehicle, travel, entertainment etc) on the other hand saw sales dip through lockdowns in 2020 but recovered extremely well and are still above trend

Yep clothing retailing in NZ not a growth industry .... and Hallensteins and Glassons sales in NZ reflect that

Would be interested to see how this is calculated exactly. My better half, despite her high income, buys a lot of clothes from Kmart which has increased its store footprint significantly over the last 5 years in NZ - does that growth in sales get recorded as Apparel, or does all Kmart sales growth show up as “Durables” instead? Same question for other big box retailers (warehouse, farmers etc) and also outdoor/sport stores (Rebel, T7 etc)

[winner69]

Would be interested to see how this is calculated exactly. My better half, despite her high income, buys a lot of clothes from Kmart which has increased its store footprint significantly over the last 5 years in NZ - does that growth in sales get recorded as Apparel, or does all Kmart sales growth show up as “Durables” instead? Same question for other big box retailers (warehouse, farmers etc) and also outdoor/sport stores (Rebel, T7 etc)

Sector / industry breakdown not always that clear for this survey and for the Retail Trade Survey

Generally its based on primary activity - so Red Sheds / K Mart for instance are reported in the Retail Trade numbers as Department stores (and I'm told as Durables in this survey). So your partners clothes purchases from Kmart not in Apparel but

Stats NZ always a bit loathe to answer specific questions s to whose in waht sector citing confidentiality so you have to second guess but if they are consistent in their classifications it gives one an idea of whats going on.

[Waltzing]

Healthy jobs report in AUS... all good for GLS.

[fastbike]

really its a BARGAIN still...

Quote from 6 Dec. What difference 6 weeks makes. I see some buying opportunities ahead at less than $6.

[Waltzing]

Winner will no doubt report the next stats in AUS in feb. OMI sure came HOME in Aus and its effects on retail will turn up shortly in the numbers.

[winner69]

Glassons influencer Jade Tuncdoruk (@jadetunchy) bit of a loose cannon. Once found by the watch dogs to have breached the Code owing to lacking transparency of a paid partnership with Glassons.

Jade back in news again
https://www.news.com.au/travel/trave...974e4232a84406

No worries -- as long as she managed to get a few of her 487,000 followers to buy some Glassons gear ...and that Glassons 'investment' in her had a decent return

[Waltzing]

Its the Chart winner...

if its the chart then it's soon time to sell...

history repeats and up to this point in time history repeats...

[dreamcatcher]

Some experts suggesting Australian omicron wave has peaked would be good news ..........

https://www.theguardian.com/world/20...me-experts-say

[Waltzing]

Winner look at HLG since 2000 and draw the line on the Bottom of the X thing...... and see where we are going...

unless history never repeats..or doesnt repeat for ever..