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fashion business

2 statements across 2 episodes · 0 bullish · 2 bearish · 2 people on the record · first statement Jul 9, 2018 by Anthony Scaramucci · across every show →

Everything said about fashion business, oldest first

Jul 9, 2018 negative
Insight
Scaramucci: Asset management behaves like a cyclical fashion business
“Well, my pet peeve is that a lot of people think we're in the investing business, but I sort of think we're in the fashion business, and so the skirts come up and down in our industry, so you have to be very, very careful about that”
Anthony Scaramucci Jul 9, 2018 ▶ 53:23 Anthony Scaramucci – It's Called a Mooch (Capital Allocators, EP.60)
Mar 28, 2022 negative
Insight
Xu: Traditional fashion profits get trapped in inventory from guesswork
“If you look at the fashion business, you work very hard. At the end of the year, all your profit is in the inventory, because you don't know what the customer needs. You have to guess, forecast what customer needs.”
Kathy Xu Mar 28, 2022 ▶ 48:02 Kathy Xu – Venture in China at Capital Today, Venture is Eating the Investment World 12 (Capital Allocators, EP.243)
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