“45% of my factories didn't make a shoe for three months. So I, we grew 20, ah, 30, 31% last year. We are up 43% coming into that, that, that, you know, product issue”
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More from Jim Weber
Insight
Weber: Real Footwear Revenue Is in Daily Trainers, Not Racing Shoes
“I think we were the first one to identify that the real business was in trainers. It wasn't in racing shoes. It wasn't in spikes. It wasn't in marathon racing shoes. The business is in the trainers.”
Jim WeberMay 16, 2022▶ 22:21Arena Show Part II: Brooks Running (with CEO Jim Weber) · Acquired
AssertionSupported
Weber: Track Officials Ejected Brooks Execs From 2012 Olympic Trials
“They kicked me out, our head of marketing, and our head of sports marketing.”
Jim WeberMay 16, 2022▶ 48:51Arena Show Part II: Brooks Running (with CEO Jim Weber) · Acquired
Insight
Weber: Footwear's Multi-Sport Sprawl Began With Factory Utilization Pressures
“And what no one understood that I found out later is that the mindset in our industry literally came from owning a factory. When you had a shoe factory, you had to keep it busy all year long and keep the people employed. So you went from baseball cleats to wre…”
Jim WeberMay 16, 2022▶ 12:55Arena Show Part II: Brooks Running (with CEO Jim Weber) · Acquired
Insight
Brooks CEO: Running business is everyday wellness, not elite competition
“The sport is the soul of running, right? Track and field, cross country, road racing, the Olympics, now trail and ultra, but the business is people that are investing in themselves, fitness and health and wellness.”
Jim WeberMay 16, 2022▶ 23:07Arena Show Part II: Brooks Running (with CEO Jim Weber) · Acquired
AssertionNot checkable as stated
Weber: Bringing one shoe style to market costs $500K to $1M
“Takes a half a million to a million bucks to bring one style to market.”
Jim WeberMay 16, 2022▶ 34:23Arena Show Part II: Brooks Running (with CEO Jim Weber) · Acquired
AssertionNot checkable as stated
Weber: Brooks turned its supply chain back on 6-12 weeks before competitors
“We turned our supply chain on at least six to 12 weeks before anybody else did.”
Jim WeberMay 16, 2022▶ 52:52Arena Show Part II: Brooks Running (with CEO Jim Weber) · Acquired
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