Fokke de Jong
13 statements across 1 episodes · 1 bullish · 3 bearish · 1 people on the record · first statement May 1, 2023 by Fokke de Jong · across every show →
On the record as a speaker too: Fokke de Jong's record, appearances and statements → this page counts the times other people say the name.
Everything said about Fokke de Jong, oldest first
May 1, 2023
May 1, 2023
Suitsupply trains its retail style experts to become Instagram influencers
“You can become a style expert in, in, in training other people, but you can also become what we call a key opinion leader, where we train you in how to represent the brand on social media or on outside of the store, where you basically become sort of a I would…”
May 1, 2023 negative
Luxury retail markups and middlemen inflated suit prices by four times
“They made a product for a brand, and then this brand goes into a trade show, and these trade show, the customers, and there's agents bringing in these customers, or agents selling it to, you know, independent stores again, and if you then add it all up, becaus…”
May 1, 2023
May 1, 2023
May 1, 2023
Suitsupply requires new retail hires to complete nine weeks of structured training
“We have a relentless high-end training program where we bring everybody to our one-week onboarding program. When you finish that, you're brought into a store, and you're paired with what we call a style expert, and you're getting, for two months, more and more…”
May 1, 2023 neutral
Suitsupply raised cheap debt to sit on $50 million in liquid cash
“When those rates were so low, and money was abundant, you could, you know, suddenly from a constantly cash-strapped business, we raised a lot of debt, and suddenly we had a lot of cash. You know, I've never had, like, you know, let's say just a fifty million s…”
May 1, 2023
May 1, 2023
May 1, 2023 negative
Simultaneously expanding US stores and launching womenswear damaged Suitsupply's growth momentum
“We did a year when we opened I think, We have 10 or 12 stores in the U.S. When we only had 10 or 12, then, you know, at the same point, we started, you know, figuring out and opening a women's line, and it was few women's stores, and we did too much. And inste…”
May 1, 2023 negative
May 1, 2023 positive
May 1, 2023
De Jong forged municipal zoning blueprints to save first Suitsupply store
“And so then I thought, ok, I took a pen, I practiced as long as I could, To, you know, have almost the same handwriting as the unit where it was store written in, and I just penciled store in my unit. And then I went back to the municipality and said, but guys…”