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Padini sales drop bcos their stores are selling pasar malam low quality materials. Previously I'll buy everytime I visit their outlets but of late I can't find any quality apparels there. People are not stupid anymore cos there's other brands to look for value for money products. Your management should act fast now or your revenue will fall further. Trust us.
If TG can't survive, no other glove company will. They may try to kill and bleed their competitors for the world market, or maybe teach them a lesson?
Less competitors in future.
The profit margin is bloody high over the revenue which is absurd. That's why new govt. sense something not right in the contract.
No business profit is so high in times of economic downturn.
Temporary shutdown for glove counters is good. As these stocks are already badly beaten down even with good earnings, a shutdown is good so that demand will increase due to supply shortage.
My 2 cents.
