The Hour Glass

[kelvesy]

The Hour Glass's management is a tested team. Over the years, I think they added new management know-how of retail stores on top of their accumulated "knowledge bank". So, I am not so worried about the Marina Square outlet.

vested

Hi kelvesy,

Cortina is the one opening the store in Marina Square.

So far I am more comfortable with the way the management of Hour Glass is doing. IMHO, I think buying over watches of Switzerland is a really good move. Gives them access to the middle income earners while not diluting their brand. It will boost their revenue as well.

Maybe it is just me but it looks like Cortina is taking a stab at THG's malmaison when they said they said that multi brand shops dilute the brands.

(vested in THG)

Hey, thanks natnavi for pointing out my mistake. I felt a bit weird earlier too.

@specuvestor - no doubt it is a concern, but has THG underperformed as a result?