HLG - Hallenstein Glassons Holdings

[winner (n)]

And punters are loving buying new clothes .....must look nice eh

From that ABS stuff today re January sales - Clothing, footwear and personal accessory retailing rose 6.5% ($181.0m) in January, in seasonally adjusted terms.

That's seasonally adjusted - compared to Jan 22 sales were up 17.8%

That's what helped HLG report such big sales for half year to January

But the desire to buy clothes etc is strong that the current momentum will last through winter

Heck ..... clothing sales are rocketing in OZ ..... even stronger than all other categories

Think I might have to amend my 'eight weeks sales 11.2% more than last year' forecast

Cool chart

You cannot view this attachment.

[Whome]

That's more than a cool chart Winner, it's a beautiful chart.

[Basil]

No doubt about it, Winner is a bloody legend with his charts.  

[winner (n)]

Real strong clothes sales in OZ ....what momentum

And I doubt on Feb 1st they didn't say 'that's enough, no more buying clothes'

And now have get ready for things like the autumn racing carnivals .......and of course some new stuff for winter

[Waltzing]

What does this tell us about NZ and AUS...

Real Stat's man that Winner()... Pastels Award on Arts channel...

[Waltzing]

MHJ beat the pants off HLG today..

[winner (n)]

HLG didn't make the NZX50 this time ...... CHI came in at expense of RBD

[Waltzing]

Winner(), same old same old...

its never going to get this decade..

but that will make it an undervalued DIV bargain its always been.

[Basil]

Their time will come.  In the meantime the divvy yield is awesome.

[Waltzing]

When it does MR B and if we are in the country at that time ...

we will shout the round at the Bar..

It will be a great moment for sure and well deserved..

[winner (n)]

Tony's consumers spend intentions

Must be polling the wrong people ....25% less punters cutting back on buying clothes .....can't be right

You cannot view this attachment.

[Basil]

Young people without mortgages will continue to spend which is HLG's target demographic.
Spending data for February looks very robust to me https://www.nzherald.co.nz/business/cyclone-gabrielle-had-major-influence-on-spending-last-month/IS6M7HIZRVGLXEFLLZWW5GCNBE/  I guess at some stage some of those consumers will have to make good on their intentions to cut spending., probably the ones facing mortgage cost increases of several hundred dollars per week.

[Waltzing]

well maybe they arnt travelling overseas yet to summer holidays but winter will tell if they are staying another winter here in NZ....

and buying local. But in AUS they are out and about and QKanga airlines is flying and hiring .

lot of shopping going to be happening on the East coast when the insurance money kicks in.

GDP should go UP!!!

 

[winner (n)]

Young ones going to buy plenty of clothes thevarticlevsays

How Gen Z is poised to shake up Australian retail
https://www.smh.com.au/business/companies/how-gen-z-is-poised-to-shake-up-australian-retail-20230308-p5cqab.html

But this Bitcoin the comments is really cool-

Owning a small retail business my experience with Gen Z is don't welcome them as they enter the shop, don't acknowledge them, let them take as many photos as they like without asking, let them treat the shop (and you) as an online catalogue and most of all don't engage with them as it only freaks them out. They prefer to be totally ignored and not spoken to. I call it the anti-customer service requirements.

[Waltzing]

add another year to the OCR hike and Hold...

after FED Chair reaffirmed forward torch light down the mine....

not expecting HLG to do anywhere SP wise for a while and if it surprises well thats great.