BFM 89.9
The Business Station
Recommended
The end of last year saw a surge in US retail during the holiday season with data from Mastercard showing total US retail sales rising 3.4% during the period. However despite the robust headline, this also highlighted the difficulties of traditional brick-and-mortar stored as more consumers shift to online shopping.
We speak to David about the future of retail, especially with department stores being worst performing sector for the S&P 500 in 2019 despite consumer spending looking strong. Can they regain their footing in retail and win back the customer?
In a similar vein, as Nike moves away from selling their products on Amazon, will other brands follow their lead?
We also ask David for stocks to watch in consumer sectors for 2020, as well as why he has a contrarian call on Lululemon. He has the only sell call on the street, despite the company's revenue doubling in the last 6 years.
Presenter: Roshan Kanesan, Shou Ning Wong, Lyn Mak
Share:
Recommended
May 9
·
23 minsSymphonic Image
May 9
·
20 minsThe Nutcracker
May 9
·
16 minsMall-aysia: Why Are We Still Building Malls?
Recent episodes
0
Latest stories
Podcasts · May 9 · 7:30AM
Symphonic Image
23 mins
Podcasts · May 9 · 23 mins
Symphonic Image
Podcasts · May 9 · 7:00AM
The Nutcracker
20 mins
Podcasts · May 9 · 20 mins
The Nutcracker
Videos · May 9 · 7:00AM
Anak Tertinggal Dalam Kereta
2 mins
