Wholesale, direct, and the cost of changing your mind
It traded at 35.52, -0.84% today. Moving from wholesale to direct raises margin and burns the shelf space it took decades to earn.
Free 4 min read
NKELULU
Stock
NKE
NKE
Delayed
Notes mentioning NKE
3Membership economics are the most underrated moat in retail
The stock traded at 910.51, -0.32% on the session. The interesting question about a membership retailer is never the margin on what they sell.
Free 3 min read
COSTWMT
A brand's heat shows up in markdowns before it shows up in sales
Sales can hold up for a while after a brand cools. Discounting cannot hide it for long.
Free 2 min read