Originally Posted by
BlackPeter
Not sure - thoughts like that created bid dents in the pockets of many NZ shareholders. Just being successful in a globally small niche market like NZ or ANZ does not guarantee success on the global stage. Too many companies to mention here who thought that their relative domestic success guarantees them a win on the big stage as well.
While not holding - I think I would prefer a solid, sustainable and successful ANZ company to just another firecracker trying to reach the stratosphere but running out of puff.
Conditions out there are different. Different cultures, different tastes, different working conditions - and plenty of 500 pound gorillas out there who know their home patch already. What makes you think that Asian consumers would be more attracted by Hallensteins or Glassons than by the big brands of the world?