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Strategies & Market Trends : P&S and STO Death Blow's

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To: the_wheel who wrote (18737)12/6/2002 9:48:37 PM
From: Lizzie Tudor  Read Replies (1) of 30712
 
Out of those, on pure sentiment alone I vote for JNY as a BK candidate... Jones Apparely Group, this is Jones New York for women, the Lauren retail group and some others. The real problem with this company is the channels they use... they sell to high end retailers like Macy's and rely on brand name advertising to sell for higher prices. The trend is for retailers like Nordstrom and even Target to create their own brands and cut out the middlemen.

They are an acquirer like most all of the high profile BKs were... hence the high debt loads. It looks like they recently acquired Gloria Vanderbilt and McNaughton too so they are still on the acquisition trail.

It doesn't look like they have any lines catering to Gen-Y (the A&K crowd)... seems like a disadvantage

The chairman Kimmel is dumping shares like no tomorrow.

Buffett just dumped 5% of the company.
Lizzie
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