Molson Hart

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.

I thought the death of retail was going to come much faster than it has. Might be fun to list all the companies that are structurally (in terms of biz model, I don’t know their debt levels) fucked. Afaict anything that is not: 1. Driving massive volume 2. Low low low price

A subtle thing is that after one goes under their customers start go to another store. Which is awesome because I get to short them one after another. $CBL just had to cut their dividend - crappy quality malls. Next up on the chopping block: $WPG, the next crappiest one!