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Anyone ever invest in a clothing/fashion company?
Anyone ever invest in a clothing company?
Did you lose your shirt ? (har d har har) :) Seriously, how did it work out? What were some obstacles you faced ? |
yeah so a girl has you by the balls, yeah your gonna lose it all
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:1orglaugh I think 8/10 you would be right, not the scenario here though. |
I read an interesting article a little while back about how most pro athletes lose most or all of their money within 5 years of retiring from their sport. In it there was a guy who is a financial adviser who said that the investments these guys make is part of the problem. He said they don't want to buy bonds and stocks and things that are more balanced they want clothing lines and sports drinks. He then said 95% of all clothing lines ultimately end up failing. I would assume the guy knows what he is talking about, but even if that number is a little bit high the failure rate is through the roof.
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yes, I lost my shirt. HA!
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This one has the benefit of a known quantities, not somebody's family member who draws on napkins. |
I would think that the nice think about the current economy is most people can't do much so almost anything has a better chance of succeeding now then it did 3 years ago.
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you will sit on inventory
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I sell handbags on ebay and do pretty good at it : )
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