“The trend is not Mr Hounsell’s friend — a sales drop of 4.8 per cent, which is nearly one in every $20 of sales disappearing, is something that even Father Christmas can’t turn around.”
Solomon Lew, Chairman, Premier Investments [commenting on Myer's FY19 1Q sales figures]
As part of the NAOS investment process, we pay particular attention to the comments made by company CEOs and business leaders in order to gain a greater understanding of the current investment environment and key trends that may be emerging. Below are quotes from the week which in our view detail some of the most important and prominent industry trends and economic factors impacting their businesses.
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