Marc Ecko

17 statements across 1 episodes · 4 bullish · 3 bearish · 1 people on the record · first statement Jun 3, 2024 by Marc Ecko · across every show →

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

Everything said about Marc Ecko, oldest first

Jun 3, 2024 negative
Insight
Marc Ecko: Inventory is the common killer in fashion
“The common killer in our industry is inventory.”
Marc Ecko Jun 3, 2024 ▶ 1:06:48 ECKO UNLTD and COMPLEX: Marc Ecko
Jun 3, 2024
Assertion Supported
Ecko Unltd reached over $100M revenue with a $12M–$15M ad budget
“Our business was probably a hundred and fifty million dollars in, in, in business, right? Something like that. You know, it was north of a hundred million. So we're looking at a 12 to fifteen million dollar marketing budget, ok, of paid media, that I was using…”
Marc Ecko Jun 3, 2024 ▶ 1:00:55 ECKO UNLTD and COMPLEX: Marc Ecko
Jun 3, 2024
Disclosure
Marc Ecko made thousands weekly from custom apparel before 1993
“So this was from eighth grade through the time I started the business in 93, I was every year building that business, and to the point where, you I was making thousands of dollars a week. When I was really, when I would allocate time.”
Marc Ecko Jun 3, 2024 ▶ 10:42 ECKO UNLTD and COMPLEX: Marc Ecko
Jun 3, 2024
Assertion Not checkable as stated
Marc Ecko: Trademark dispute halted about $8M of inventory at cost
“Oh, it was probably like don't quote me, but it's probably about eight million dollars worth of stuff. Eight million dollars just at our cost, not like the value in the market.”
Marc Ecko Jun 3, 2024 ▶ 43:15 ECKO UNLTD and COMPLEX: Marc Ecko
Jun 3, 2024 neutral
Disclosure
Marc Ecko retained Complex and perpetual royalties in his Iconix buyout
“I sold my equity interests to make room for Iconics to buy my position. There was a payout for me, and I would keep Complex, and I would get a royalty on the gross sales of the business for forever.”
Marc Ecko Jun 3, 2024 ▶ 1:10:38 ECKO UNLTD and COMPLEX: Marc Ecko
Jun 3, 2024 bullish
Assertion Not checkable as stated
Ecko: Initial rhino apparel capsule blew out in sales despite buyer resistance
“Well, I started to produce cut-and-sew, and then I tested one capsule that was, like, all rhino, and it was just Echo Unlimited discreetly in stencil font, very kind of military hunting look. The buyers were very resistant, and then we placed it, and it blew o…”
Marc Ecko Jun 3, 2024 ▶ 36:46 ECKO UNLTD and COMPLEX: Marc Ecko
Jun 3, 2024 positive
Insight
Ecko: Cut-and-sew apparel requires non-verbal mascot logos over text branding
“If I don't evolve a logo mark that's a non-verbal, non-written Logo mark. It's going to be very hard to ID the product. So I walk the main hall, and I walk by like a big timberland tree, and I walk by a big lacoste alligator, and I walk by polo, and I'm just l…”
Marc Ecko Jun 3, 2024 ▶ 33:39 ECKO UNLTD and COMPLEX: Marc Ecko
Jun 3, 2024 positive
Disclosure
Marc Ecko: Investor Alan Finkelman provided angel debt without taking trademark rights
“Yeah, the exact terms were, it was more like a debt deal, and it was a very much an angel, good guy deal.”
Marc Ecko Jun 3, 2024 ▶ 56:14 ECKO UNLTD and COMPLEX: Marc Ecko
Jun 3, 2024 negative
Disclosure
Marc Ecko: Ecko Unltd was horribly unprofitable despite $15M-$20M in revenue
“No, we were horribly unprofitable.”
Marc Ecko Jun 3, 2024 ▶ 37:51 ECKO UNLTD and COMPLEX: Marc Ecko
Jun 3, 2024 positive
Assertion Not checkable as stated
Marc Ecko: Ecko Unltd pioneered high-density ink screen-printing techniques that became mainstream
“Getting really good at color separations on the t-shirts, like crushing it on new innovations in screen printing, pushing my screen printers to the limits to do things that no one was doing at the time in terms of colors, high density ink, gloss, all sorts of …”
Marc Ecko Jun 3, 2024 ▶ 58:55 ECKO UNLTD and COMPLEX: Marc Ecko
Jun 3, 2024 neutral
Disclosure
Ecko: 3-year outerwear deal split revenue 50-50 with no FOB markup
“You fund the making and we'll split fifty-fifty on the revenue. I'll pick up the marketing costs and we'll go season by season and we'll commit to like a three-year deal, right? But you can't mark up the freight on board pricing, the FOB pricing, right?”
Marc Ecko Jun 3, 2024 ▶ 40:38 ECKO UNLTD and COMPLEX: Marc Ecko
Jun 3, 2024
Disclosure
Ecko: Ecko Unltd equity was renegotiated into an equal three-way split
“And to Seth's credit, which he deserves a lot of credit for, as the business started to take off, I renegotiated the deal, and it was like, 33, 33, 33.”
Marc Ecko Jun 3, 2024 ▶ 25:27 ECKO UNLTD and COMPLEX: Marc Ecko
Jun 3, 2024 negative
Assertion Not checkable as stated
Levi's acquisition of Ecko Unltd fell apart over excluding co-founders
“Well, Levi's tried to cut my sister and my and my partner Seth out. After we were, like, the two-yard line doing a deal, you have to understand, they were basically going to be purchasing it.”
Marc Ecko Jun 3, 2024 ▶ 53:58 ECKO UNLTD and COMPLEX: Marc Ecko
Jun 3, 2024 neutral
Insight
Ecko: Global distribution inevitably fractures an apparel brand's creative cohesion
“When you develop IP at that level of international distribution, this sort of hyper-localization of starts to happen that starts to that where you really create some dissonance as a, as like the sort of chief creative officer or the creative director, because …”
Marc Ecko Jun 3, 2024 ▶ 1:19:43 ECKO UNLTD and COMPLEX: Marc Ecko
Jun 3, 2024
Disclosure
Marc Ecko: Seth Gerzberg invested $5,000 for a 50-50 partnership
“So I finally reach out to him, and he's like, okay, look, let's do this. You know, fifty-fifty, we'll do it. What do you need, five grand?”
Marc Ecko Jun 3, 2024 ▶ 24:17 ECKO UNLTD and COMPLEX: Marc Ecko
Jun 3, 2024 neutral
Insight
Marc Ecko: Kids start cultural badging between fifth and eighth grade
“I think that it's about the age for most kids growing up, that sort of pre-middle school I'd say from fifth to eighth grade, where they start to badge, like a little chick, like born new to the world. They see these signals of like who their cultural mother is…”
Marc Ecko Jun 3, 2024 ▶ 5:48 ECKO UNLTD and COMPLEX: Marc Ecko
Jun 3, 2024
Assertion Not publicly verifiable
Marc Ecko sued his manufacturing partner over FOB price manipulation
“I got more evidence on about six styles or so that were price manipulated. So then we very aggressively sue for them breaching, using that those six price points as evidence.”
Marc Ecko Jun 3, 2024 ▶ 47:13 ECKO UNLTD and COMPLEX: Marc Ecko
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