JAMIE CARR: Clicks bursting with vitamins
Shareholders will be pleased that health and beauty is more than holding its own
When recession gets its grasping tentacles around the consumer’s wallet and starts to squeeze, it is obvious that said consumer must have a sharp look at his spending and start to prioritise. Fans of Curro will point out that school fees are particularly resilient, with parents enduring hardships galore to ensure that the fruits of their loins are given a decent start in life. Now shareholders in Clicks will be more than pleased to discover the somewhat counterintuitive news that the health and beauty sector is more than holding its own. The rational consumer might take a view of the economic climate and decide to dial down on the anti-wrinkle cream, yet it seems that the Clicks faithful have decided that they may be on a fast track to debtors’ prison, but they will arrive there bursting with vitamins and exotic dietary supplements while their skin is glowing with the freshness that, 97% agree, is down to ladling on three varieties of slop. The company does mention that customers ar...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.