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post #28 of (permalink) Old 11-19-2012, 10:20 AM
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Originally Posted by hktrdr View Post
True. To give a hint, part of our philosophy is that our investment should have a sustainability angle - that could be environmental or social/community focused (e.g., we backed a credit vehicle that provided trade financing for small shops).
I think I know who you're working with and if I'm right that was a solid for the outdoor industry as a whole.

But I still disagree with you on Burton and local shops. I've seen the minimum purchase order just skyrocket to a level that original core accounts with Burton couldn't sustain. They were at least smart enough to drop them and adapt to the times. Also seen shops die because of the curse of the Burton over-saturation. Then there's my personal favorite of being in a Ross or TJ Maxx and seeing in line Burton discounted for 40 to 70% off and finding tags from small shops in the pockets. That was more prevalent on the East Coast.

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