Molson Hart

I'm pretty confidently short here - especially because I think their shirts are the worst. Investors put way too much hope into these turnarounds. We both see -2% compared to -6% last year. They see an improvement. I see yet another decline, the last thing they need.

So long as they are not fucking with the numbers or they don’t get weirdly lucky in some way (kardashian wears some top they have) you should be good.

What specifically do the fast fashion brands do differently? I don't know how Uniqlo does it, but they have much higher quality at a third the price of $EXPR. Not even in the same ballpark, I think.

Generally (excluding Ralph Lauren collared shirts), what will sell season to season is highly unpredictable, so the fast fashion companies make smaller runs of everything until they see a winner. Early high sales are a consistent indicator of season-long high sales, so after

Seeing a positive signal they bet big. They’ve set their supply chain to be as fast possible. In some cases they’ll buy huge amounts of fabric in advance and just make different designs with it until one hits. They don’t make orders with factories, they instead book production

Thanks for the input. Despite not being into stock investing, you've got really great insights.

Thanks. This overlaps quite a bit with an area that im supposed to know (retail and sewing) so it’s easy to sound wise/smart on the topic. Talk to me about something else you’ll quickly take back your statement...maybe haha

Hah, awesome. Glad we see eye to eye on $BBBY and $EXPR. The short thesis seems simple/good for both. Hard to say when the market wakes up but that saying is often true: Stocks take the stairs up and elevators down. Spread your bets enough and the variance is fine.