LHS in the UK £10,000 of stock, LHS in Hong Kong £100,000. Okay I don't have the exact numbers but that's the impression I get. In HK I visit the LHS even if I don't need anything, just so I can see what new stuff is on the shelves.
Unfortunately it is a downwards spiral, if you don't have stock people go elsewhere, if people go elsewhere you don't have any money to buy stock. To make things worse you're potential profits also decrease because you can't take advantage of bulk discounts provided by distributors.
|