Richard Baum Quotes

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

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The one thing that everybody kind of has tucked into the back of their minds is that if there is some sort of event that affects a mall between now and Christmas. It's hard to say whether another plane crash like this is going to have much of an impact yet. - 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