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20-01-2022, 10:14 AM
#7881
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.
Last edited by Waltzing; 20-01-2022 at 10:51 AM.
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20-01-2022, 10:56 AM
#7882
Originally Posted by winner69
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)
Last edited by LaserEyeKiwi; 20-01-2022 at 10:57 AM.
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20-01-2022, 11:09 AM
#7883
Originally Posted by LaserEyeKiwi
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.
”When investors are euphoric, they are incapable of recognising euphoria itself “
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20-01-2022, 03:55 PM
#7884
Healthy jobs report in AUS... all good for GLS.
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20-01-2022, 08:36 PM
#7885
Member
Originally Posted by Waltzing
really its a BARGAIN still...
Quote from 6 Dec. What difference 6 weeks makes. I see some buying opportunities ahead at less than $6.
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21-01-2022, 01:20 PM
#7886
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.
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22-01-2022, 03:08 PM
#7887
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
Last edited by winner69; 22-01-2022 at 06:05 PM.
”When investors are euphoric, they are incapable of recognising euphoria itself “
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22-01-2022, 05:26 PM
#7888
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...
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22-01-2022, 09:49 PM
#7889
Some experts suggesting Australian omicron wave has peaked would be good news ..........
https://www.theguardian.com/world/20...me-experts-say
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23-01-2022, 01:47 PM
#7890
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..
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