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(21 January 2017, AFR, p20, by Carrie LaFrenz) ‘Luxury handbag and accessories maker OrotonGroup said poor sales in the Boxing Day and New Year period, and an underwhelming performance at its GAP stores, pushed the retailer further into red. Investors dumped the stock, which fell as low as…’ Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)
(23 December 2016, The Age, BusinessDay, p18, Zac Crellin) ‘Retailers are being hit hard as consumers are choosing not to splurge this Christmas. While almost half of consumers reported “very low” levels of stress, spending across essential and nonessential items has fallen to its lowest seasonally adjusted levels since early 2015, the NAB consumer behaviour … Continue reading
(2 Jan 2014, The Age, BusinessDay, p16, Glenda Kwek) ‘Retailers are set to get their share of festive cheer this holiday season, with after-Christmas sales expected to surge past $15 billion.’ ‘Consumers are projected to spend about $15.1 billion from Boxing Day to mid-January, a 3.8 per cent rise from last year, the Australian Retailers … Continue reading
(10 Jan 2012, The Age, BusinessDay, p16, Clancy Yeates) ‘THE Melbourne Cup day interest rate cut has failed to spark the shopping spree retailers were hoping for, with spending growth stalling in November.’ ‘Despite interest rates falling by 25 basis points during the month, the first official figures on the early weeks of Christmas shopping … Continue reading
Aussie Sharemarket Barometer 