Greg Smith: Devon Funds Management spokesperson on cost of living rise, luxury brands success
The Mike Hosking Breakfast · Newstalk ZB
February 16, 20256m 19s
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Show Notes
Investors are flocking to Airbnb in droves, with stock up 14% - the biggest one day move on record.
Hermes is also celebrating. The luxury brand's fourth quarter sales are up 18%, exceeding estimates.
Meanwhile, Kiwi's remain plagued with the cost of living: Food prices were up 1.9% last month, the highest rise since July 2022.
Greg Smith of Devon Funds Management joins the show to discuss these leaps.
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Topics
Greg SmithAirbnbHermesluxury brand'cost of livingFood prices