It’s been a little over 10 months since the last Odds & Ends so the time is right to bring this fan favorite back. 1. Yet Another Value Blog recently posted a lengthy, in depth series analyzing the media industry. The most recent edition – another great read – is focused on sports rights and sports investing. The… Read More »
American Eagle Outfitters (AEO) isn’t considering a spinoff of Aerie, its lingerie brand…at least right now. At least that is the message from AEO’s CFO Bob Madore who told Bloomberg that a spin may come, ‘but not today’. The lingerie brand has been grabbing market share and growing at a rapid clip. With Aerie’s Q4 comps at +23%… Read More »
Is breaking up retail conglomerates about to become a trend? Last week, Gap(GPS) announced the planned spinoff of its Old Navy brand. Now, Barington Capital is urging L Brands(LB), parent of Victoria’s Secret and Bath & Body Works, to spinoff one of the two brands. Barington has a history of activism and last appeared in these pages when… Read More »
This summer will mark the 50th anniversary of Don Fisher opening the first Gap(GPS) store in San Francisco. That initial store opened just days after Woodstock and a month after Neil Armstrong took his small step and, it initially sold only Levi’s jeans and records. Fisher’s concept was that his store would always have every size in stock… Read More »