The Finance/ Business/ Money Thread

[Football us life]

RM williams are opening a number of stores, with big investment, even opening in the uk.

Trenery, Rodd & Gunn, Gazman Sportscraft - are all beige now - what's the difference? Nobody under 50 is shopping there. Time for a rebrand for them. CR is an interesting one, while they are opening stores, they're closing at the same time as you point out the news.

CR has had its time in the sun again a few years back with investment in design, but the basics and staples are being filled by likes of Uniqlo, even low as AS Colour now. And if you want to go slightly higher, you have brands like COS with much more contemporary and cooler design.

Yes, COS is a very nice clothing brand.

There's this online mens fashion/culture magazine I occasionally look at called 'Ape to Gentleman'. They're very into these styish Scandinavian designer's....

 

[LFC]

one of the reasons I just went to Tokyo

mate Vegas Factory Outlets are damn brilliant massive savings.
Better than anywhere I've seen in all my travels.

 

[tsf]

mate Vegas Factory Outlets are damn brilliant massive savings.
Better than anywhere I've seen in all my travels.

I'm not allowed into America

All good though, Japan shopping is next level.

 

[erogenouszone]

Because you all seem like classy people I can report that Canadian discount chain Dollarama has bought The Reject Shop in Australia for 700 million dollars and are planning to add another couple of hundred stores.

 

[tsf]

Because you all seem like classy people I can report that Canadian discount chain Dollarama has bought The Reject Shop in Australia for 700 million dollars and are planning to add another couple of hundred stores.

Interesting actually. Thanks

 

[LFC]

I'm not allowed into America

All good though, Japan shopping is next level.

ok - maybe thats good haha
Maybe its the association with your avatar mate

 

[tsf]

ok - maybe thats good haha
Maybe its the association with your avatar mate

yeah doesn't bother me too much. It was a ball ache during covid for trying to get to south america, next world cup I only want to go to mexico anyway really

 

[TheSelectFew]

I saw a report on tv that the fashion retailer Country Road are closing several of its Sydney stores.

Have to admit it's been years since I bought anything from CR myself as if I do buy any clobber I am more into the classic Sportscraft and Rodd & Gunn brands, but it's a worry for Australian fashion retailers if one of it's iconic brands is on the rocks.....

There seems to be an half a dozen of these retailers doing the same kind of mens attire.

Country Road, Trenery, Sportscraft, Rodd and Gunn, Gazman, maybe RM Williams?

A slightly overcrowded market space?

I hate seeing things shut down, there's the human element. People losing their livelihoods....

RM is the only Aussie one. The rest can go in the bin.

 

[JS96]

Any thoughts on investing in Hydrogen? I've had a few glances and have seen comments ranging from big future player to the energy needed to get it going is still way too high and other stuff will eventually beat it. The ETFS I see are lame with growth at current but getting in early will pay off.

It's a moral question but seeing the Rhein Metal stock blew my mind. I think there are a lot of hypocritical people out there who actually own things against their views.

 

[erogenouszone]

Any thoughts on investing in Hydrogen? I've had a few glances and have seen comments ranging from big future player to the energy needed to get it going is still way too high and other stuff will eventually beat it. The ETFS I see are lame with growth at current but getting in early will pay off.

It's a moral question but seeing the Rhein Metal stock blew my mind. I think there are a lot of hypocritical people out there who actually own things against their views.

No doubt the hydrogen is there

https://oilprice.com/Energy/Energy-...es-Really-Power-the-Planet-for-Centuries.html and https://www.nature.com/articles/s43017-025-00670-1 and Trumps recent infrastructure bill isn't going to effect already in place hydrogen funding surprisingly enough however I've never had much faith in renewable investment vehicles in general at the moment as they all aren't performing that well. The Australian company Fortesque mentioned that article have actually pulled funding from that mentioned American project. Whether for political or viability purposes I'm not sure.