It's an open question whether or not White House can maintain the momentum it's had.
More Quotes from Howard Davidowitz:
What is behind everything that Luxottica has done worldwide is, they get so powerful they can fry the suppliers' brains out. If you're an independent seller of eyewear, you have a problem. You have to live on service and relationships and fashion and all of that, but it's very difficult to compete with somebody who is buying the same product for less.Howard Davidowitz
Bon-Ton is one of the weakest players in a very weak sector. It is increasing its risk profile tremendously by taking on debt. How does this all hang together
Howard Davidowitz
Lord Taylor was already a troubled division and it was in the middle of changing it's image from older to younger, but this wasn't bearing fruit.
Howard Davidowitz
There is a high likelihood of lower prices, ... The department store segment is a supplier's worst nightmare. Department stores demand more allowances from vendors, they want to be able to return inventory if it doesn't sell well. A Federated-May merger could be an even worse scenario for the suppliers.
Howard Davidowitz
May is known as a retailer for the masses and Federated for the classes. The only upscale part of the Marshall Field's deal are these Chicago stores. I think Federated would pay through its nose to acquire these locations and it would do a much better job running them.
Howard Davidowitz
Specialty apparel is a very fast-moving business. It's also a fickle business of fashion and creativity where the winners are those retailers who can constantly reinvent themselves and their products.
Howard Davidowitz
Readers Who Like This Quotation Also Like:
I start sweating and shaking and having panic attacks if I am not at home.Daniel Johns
Irishmen are not reserved, and the company appeared dying to be intimately acquainted.
William Hamilton Maxwell
An enormous amount of direct advertising from pharmaceutical companies are offering a kind of instantaneous solution to problems.
Leon Kass