I dont see the week economy as necessarily a bad thing given the product offering they have. We are hardly the high end of town here. All competitors will suffer from the currency exposure and while this will result in margin squeeze I would like to think they are getting some competitve advantage via economies of scale (purchasing, rents, buying currency etc) which will help offset the margin fall.
Happy to hold out until the December half year numbers are available to see how it looks.
What the hell, page-10
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