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Strategies & Market Trends : Rande Is . . . HOME

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To: Tom Allinder who wrote (1236)	12/28/1998 10:19:00 PM
From: Rande Is	Read Replies (2) of 57584

Hey, Thomas whats up? Hope your holidays were merry. On GIII, I still don't understand how they can make any money. They sell leather jackets that have a wholesale cost of about 80-120 each, plus about 5-10 worth of decoration, plus licensing costs. .then they resell them for about 130 to 220 at retail . . . no way can the manufacturer then sell wholesale...it does not work. High priced fancy leather jackets carry ultra slim margins. . . I remember working out the margins on these high priced jackets at my apparel company....and I could not get them to work and maintain a reasonable margin....I had to pass. Will people want to buy leather jackets via the net? I would want to touch and try on first. I don't see momentum in the company itself. Slight momentum on stock. Do you know if news is pending or there are any other circumstances? Rande Is

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