Ann: Appendix 4D and Half-Year Report, page-22

  1. 209 Posts.
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    The thing that concerns me is a lot less number of pearls sold in H124 compared to H123. Granted, they increased margins on what they sold, but does this mean the trend of pearls is now slowing? This is a fashion item, hot in covid up until 23, but is it slowly teetering out of trend? Retail sector is now starting to feel the pinch. Perhaps the wealthy who are unaffected by inflation have had their pearl fix over the past couple of year, so they don't need to buy anymore. Dunno, just a thought that the party might be slowing down looking at the substantial decrease in the number of sales.

 
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