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Richard Baum Quotes

They had come close to the edge of chaos and looked over, and they didn't like what they saw... Now they were saying that China needs time to heal its wounds, that we'll have gradual change instead. - Richard Baum

Tags

Close | Edge | Chaos | Looked | China |

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We think there's very few of them that can be long-term buys because of the fashion aspect of it... In Gap's case, what's happened here is that they've acknowledged that they have missed fashion but, in terms of their inventory management, they'll be delivering more frequently to the stores with less inventory commitment to each delivery. That should minimize their markdowns and improve their gross margins. - Richard Baum

Mike was a prime mover in the contemporary China field -- in some respects, the prime mover -- for much of the past three decades. - Richard Baum

It was a little bit slower than it has been, but consumer electronics and home furnishings are still very, very strong... If we were truly in a secular slowdown, we would see slowdowns in all categories. - Richard Baum

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