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Tom Campion

13 statements across 1 episodes · 6 bullish · 0 bearish · 1 people on the record · first statement Feb 6, 2023 by Tom Campion · said 1 times in 1 episodes since 2024 · across every show →

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

Mentions by year

brought up most by Guy Raz (1)

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Everything said about Tom Campion, oldest first

Feb 6, 2023 bullish
Disclosure
Testing Gotcha and Quiksilver sparked Zumiez's pivot to action sports
“The first line I brought in to test this, Was a line called Gotcha Surfwear. And a big fish man with his flag on, you know, on it, and it just like, it was, for me, a holy shit moment, man. This is evolution, and I'm doing all the buying then, and so it was im…”
Tom Campion Feb 6, 2023 ▶ 22:23 Zumiez: Tom Campion
Feb 6, 2023
Insight
Teen apparel retail relies entirely on back-to-school and Christmas demand peaks
“Interesting thing about teenage clothing business, you have two violent peaks. Got back to school. Which, you know, it's longer, used to be longer, then you have the Christmas season. So, I was very aware of that from my years at Pennies, as was Gary, so you'd…”
Tom Campion Feb 6, 2023 ▶ 19:16 Zumiez: Tom Campion
Feb 6, 2023
Assertion Supported
Zumiez has never put its brand name on private-label merchandise
“Yeah, it doesn't, we don't use the word Zoomies. We've never put Zoomies on it.”
Tom Campion Feb 6, 2023 ▶ 45:36 Zumiez: Tom Campion
Feb 6, 2023
Assertion Not checkable as stated
Zumiez paid 16% to 18% interest rates in its early years
“For the first four or five years as we grew, I think we were paying 16, 17, 18% interest rates.”
Tom Campion Feb 6, 2023 ▶ 12:15 Zumiez: Tom Campion
Feb 6, 2023
Insight
JCPenney's white sales acted as a barometer for the broader economy
“And you could measure how the economy was doing during a white sale when customers, usually women, come in and they stock up.”
Tom Campion Feb 6, 2023 ▶ 6:17 Zumiez: Tom Campion
Feb 6, 2023 positive
Assertion Not checkable as stated
Over 2,000 Zumiez retail employees sold over $100,000 in merchandise last year
“And this last year I had over 2000 kids that sold over a hundred grand.”
Tom Campion Feb 6, 2023 ▶ 39:47 Zumiez: Tom Campion
Feb 6, 2023 positive
Assertion Not checkable as stated
Zumiez's top individual retail store employee sold over $1,000,000 in one year
“My number one employee sold over a million, a 1,000,001 employee.”
Tom Campion Feb 6, 2023 ▶ 39:53 Zumiez: Tom Campion
Feb 6, 2023
Insight
Non-vertical retailers sacrifice margin to gain assortment agility and reduce risk
“You lose points on the margin, not being vertical, but you gain on the assortment plan, where it's more diverse, and if this shit stops selling, you mark it down, you get rid of it, and you don't go forward.”
Tom Campion Feb 6, 2023 ▶ 46:01 Zumiez: Tom Campion
Feb 6, 2023 positive
Opinion
Skateboard culture held more appeal for youth than traditional team sports
“The skateboard kid was just friggin cooler than the five guys that can be on a basketball team, or 10 guys on a football team.”
Tom Campion Feb 6, 2023 ▶ 25:28 Zumiez: Tom Campion
Feb 6, 2023 positive
Assertion Not checkable as stated
Zumiez retail staff were just as authentic as independent skate shop workers
“There was pushback. Usually it was from a competitive core skate shop. And I'm going to say it again. We weren't cheaper. The brands we got and the hard goods we got, we taught and trained our kid who was just as core as a kid that worked in the local skater s…”
Tom Campion Feb 6, 2023 ▶ 40:58 Zumiez: Tom Campion
Feb 6, 2023
Disclosure
Campion bought out his co-founder to take 95% ownership of Zumiez
“We were able to work out a contract where I bought him out, and then I became, he kept a little bit of it, I think, but I became, like, 95% of the ownership”
Tom Campion Feb 6, 2023 ▶ 31:25 Zumiez: Tom Campion
Feb 6, 2023 positive
Assertion Not checkable as stated
The name 'Zumiez' originated from a designer's spelling mistake
“And we had a design guy that were working with us then named Doug, and Doug screwed up the spelling, Z-U-M-I-E-Z. And I look at it, and I go, that's it?”
Tom Campion Feb 6, 2023 ▶ 34:38 Zumiez: Tom Campion
Feb 6, 2023
Disclosure
Zumiez launched with $10K in equity and a $35K SBA loan
“And now I employ 10, 11,000 people, Gen Z, because of an SBA loan. We each put in five grand, and we borrowed 35 grand. Something like that.”
Tom Campion Feb 6, 2023 ▶ 11:52 Zumiez: Tom Campion
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