Charlie Clifford

8 statements across 1 episodes · 3 bullish · 2 bearish · 1 people on the record · first statement Jul 25, 2022 by Charlie Clifford · across every show →

On the record as a speaker too: Charlie Clifford's record, appearances and statements → this page counts the times other people say the name.

Everything said about Charlie Clifford, oldest first

Jul 25, 2022 negative

Assertion Not publicly verifiable

Clifford: Tumi Sales Dropped Close to 40% Right After 9/11

“Yeah, it was close to 40% right after. There's immediate halt in the travel industry. Stores stopped buying, people weren't traveling, they weren't looking for luggage. It was a very, very grim period.”

Charlie Clifford Jul 25, 2022 ▶ 39:33 Tumi & Roam Luggage: Charlie Clifford

Jul 25, 2022 positive

Assertion Not publicly verifiable

Clifford: Tumi reached over $10 million in revenue in 1988

“Actually, I think we hit ten million, a little over ten million in 1988.”

Charlie Clifford Jul 25, 2022 ▶ 27:21 Tumi & Roam Luggage: Charlie Clifford

Jul 25, 2022 neutral

Disclosure

Clifford: 1985 Tumi co-founder buyout was structured as cash plus sales percentage

“We reached the number on the value, and it was for a fixed amount of money and a percentage of sales up to a cap for a number of years.”

Charlie Clifford Jul 25, 2022 ▶ 24:02 Tumi & Roam Luggage: Charlie Clifford

Jul 25, 2022 negative

Insight

Clifford: Middle of the retail market is an overcrowded 'no man's land'

“The middle of the market's a tough playing field. There are a lot of people fighting for a share of the middle of the market, and you know, we looked upon it as no man's land.”

Charlie Clifford Jul 25, 2022 ▶ 51:00 Tumi & Roam Luggage: Charlie Clifford

Jul 25, 2022 positive

Assertion Supported

Clifford: Tumi's 1983 ballistic nylon garment bag became its top seller

“In 1983, we did introduce our ballistic nylon line. Our garment bag, which was designed by Jeff Brutelson before he left, became our best selling piece.”

Charlie Clifford Jul 25, 2022 ▶ 22:02 Tumi & Roam Luggage: Charlie Clifford

Jul 25, 2022 positive

Insight

Clifford: Leather goods enable consistent reproducibility unlike artisan handicrafts

“I thought that leather bags would offer the opportunity to focus on a product that had a lot of handwork in it, but essentially be able to be reproduced consistently the same way every time.”

Charlie Clifford Jul 25, 2022 ▶ 8:35 Tumi & Roam Luggage: Charlie Clifford

Jul 25, 2022 neutral

Opinion

Clifford: Tumi is a premium brand, not true luxury

“I think to me is not really luxury. It's still premium. It's luxury perhaps for the luggage category. But as brands go, it's a high-end brand and well-made and so on and so forth, but beautiful stores but the, they've maintained the integrity of the product fo…”

Charlie Clifford Jul 25, 2022 ▶ 51:17 Tumi & Roam Luggage: Charlie Clifford

Jul 25, 2022 neutral

Disclosure

Clifford: Tumi was launched with $10,000 in initial pooled capital

“I think we had 10,000 dollars between us.”

Charlie Clifford Jul 25, 2022 ▶ 10:40 Tumi & Roam Luggage: Charlie Clifford

Charlie Clifford

Everything said about Charlie Clifford, oldest first

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