Gerry Harvey talks on CNBC about the retail space
Gerry Harvey talks on CNBC about the retail space. He says he believes the outlook for retail is looking positive and should be reflected in the future profits of HVN. He says the boom in apartment construction is fueling demand for his products. Harvey says the business is robust and they continue to grow their market share in the majority of their product segments. Harvey says that despite the push to grow their mobile sales channel it still represents just 2% - 3% of there revenue. Harvey weighs in the political posturing in Canberra saying the situation is viewed by many as a bit of a circus. Notwithstanding he says the majority of the populations is able to see it for what it is and get on with business. A good little video providing some insight into the retail space. (VIEW LINK)
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