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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: lostmymoney who wrote (1214)2/28/1998 1:46:00 PM
From: Redhead  Respond to of 29382
 
Mike,

Here is what I found on RTRO.

They produce clothes that are sold as private labels in the various stores. So, when you go to a department store and buy something under their own label, you might be buying something Retrospettiva makes. This is fast becoming a way to buy clothes less expensively than going with the famous labels. The clothes are less expensive. I personally buy some of these at my local departments stores. I will have to look and see who actually makes them. They are buying fabrics from the Far East, so their costs will drop right now due to the lower import costs. Here is everything I found out about the company. Looks like they IPO'd last year.

RTRO Retrospettiva Inc.

DESCRIPTION:
Retrospettiva is a contract apparel manufacturer that produces women's business, sport, and active wear. The company buys fabric and trim from suppliers in China, India, and the US and ships them to factories in Eastern Europe. Although Retrospettiva has its own brand names (Retrospettiva, Magellan, and Easy Concepts), all of its clothing is made under contract to customer specifications. Most of the company's business comes from producing garments under private labels for national retailers, such as Bloomingdale's, and Neiman Marcus; women's clothing stores such as Chadwick's; and large size retailers such as Periwinkle. CEO Borivoje Vukadinovic owns 60% of the company.

Recent news
biz.yahoo.com

quote
quote.yahoo.com

Edgar filings
edgar-online.com

industry comparisons
wsrn.com

If you are looking for my opinion, I would say if you find the company's facts and figures in good shape, then the concept is sound to me. The list of stores they supply are good. Again, cost of goods are coming down now due to asian contasion.

Stores cannot afford to make their own clothes, so they always use other manufacturers for their private labels. But, they are limited to take what the manufactures already produce. It looks like Retrospettiva will make clothes to their specifications. So, this gives the stores more control over their inventories. I think this is a good concept.

Hope all this helps, have a nice weekend
Redhead



To: lostmymoney who wrote (1214)2/28/1998 4:33:00 PM
From: Sergio H  Read Replies (5) | Respond to of 29382
 
Mike, Redhead did an excellent job on researching RTRO. The only
comment that I offer is that most free internet sites do not do justice
to industry comparisons. I found some companies in the apparel group for you to compare to RTRO:

quote.yahoo.com

You also mentioned gold stocks on Fri. and we are waiting for your findings. Take a look at these if you have an opportunity and let us know what you find:

quote.yahoo.com

Hope that you are having a wonderful weekend. Celebrating my 21st wedding anniversary here. Incredible!!!!!!!!

Sergio



To: lostmymoney who wrote (1214)2/28/1998 5:56:00 PM
From: Sandra  Read Replies (1) | Respond to of 29382
 
Mike,
I have been so busy since Thursday night with un-expected guests! I just got on the puter today....I see Redhead did an excellent job on RTRO, as usual. Also that Sergio is celebrating his 21st anniversary......Im doing that too this year in June, and it is absolutely incredible too! "Happy Anniversary Sergio!".......
Hope everyone has a great weekend!

Sandra



To: lostmymoney who wrote (1214)3/2/1998 9:13:00 AM
From: Redhead  Respond to of 29382
 
Mike,

News on RTRO

biz.yahoo.com

Red