tag:blogger.com,1999:blog-3221775816727608296.post4595253501887982119..comments2023-11-02T06:29:43.112-04:00Comments on ways to own the spaces between: Questioning Publicly Traded FashionCaroline Skelton Priebehttp://www.blogger.com/profile/17277188396347944947noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3221775816727608296.post-81932547483684026152009-03-08T19:22:00.000-04:002009-03-08T19:22:00.000-04:00I have absolutely no idea about any of these answe...I have absolutely no idea about any of these answers, knowing far, far less than you. But there has to be a better way that is less catered to our greed and our fears.<BR/><BR/>Thanks for dropping by my blog and the book recommendation. Natural Capitalism is at my public library, which I"m pretty chuffed about that.Suehttps://www.blogger.com/profile/01122659239039900398noreply@blogger.comtag:blogger.com,1999:blog-3221775816727608296.post-43418298868717405512009-03-03T18:30:00.000-05:002009-03-03T18:30:00.000-05:00I don't have much knowledge of the fashion industr...I don't have much knowledge of the fashion industry but I do know that many fashion companies don't have much luck when they seek capital from private equity sources rather than public either (evidence Peter Som and Narcisco Rodriguez). All companies need capital to run and they all go through a decision process that decides how they get it, i.e. debt, private or public equity, etc... I agree that any company when obtaining public equity is at the mercy of quick returns and faster growth factors, but that can also happen under a private equity structure. Very few companies out there are as lucky as Mr Louboutin to have generated the unprecedented buzz that leads a woman to spend $1000 on a pair of shoes that stomp all over city streets (I am one of those women that is willing and drooling for those very shoes) and maintain a smaller profitable model without any equity help. As the previous post states, being a company that seeks out public equity doesn't always mean they are bigger and less efficient, there are many that are operating privately with the same crippling problems.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3221775816727608296.post-23845416709974660172009-02-27T09:53:00.000-05:002009-02-27T09:53:00.000-05:00Interesting analysis. Some thoughts that come to m...Interesting analysis. Some thoughts that come to mind...Publicly trading a company would create transparency. This may be a good thing, especially as investors begin to require best practice methods that may not currently be in place.Fashion as creative process and profitable entity must be married.Private companies, although held to high regulations, have a lot of freedom in how they allocate their funds (profitable or not). Though, this may lead to higher quality of product and design, it may also mean financial irresponsibility. Large,nationwide retailers are implementing localized strategies to cater to "their customer". This just happened with Macy's INC, a publicly owned company. Shareholders saw a slight increase in the value of their stock when this announcement was made. Proper merchandising ensures that each market feels unique. I suspect we will see other large retailers implementing similar strategies. If Macy's was a private company we may not have seen innovations like this in their business strategy. New economic climates, globalization, and environmental sustainability are just a few ways in which markets will continue to change. The diversifying needs of a person in India 5 years from now and 20 years from now will keep companies innovative. As you and I approach our retirement in 30 years, we will be a new market. A "generation x, brand consciousness, environmental aware" age group that will have a different set of priorities and desires than the generation after us that retires. Markets get saturated, innovators evolve, and create new markets. <BR/><BR/>I dunno, I'm tired...its 10am on a Friday.Shttps://www.blogger.com/profile/07234979265403115831noreply@blogger.com