- They got rid of Jayne - They had no half decent inventory system - They relied on a hand full of big daigou - Management inflated expectations and then sold on the high - We wrote off $100m (wholesale price) of stock - Continued with minimal products and only one major territory - They maintained a large pile of cash that as far as I can see they look at every day but not much else (possibly play in it too) - They failed to get rid of the Chair (until he resigned on his terms)
Sub $4 feels like a peck on the cheek and a goodnight outside your dates house, after her boyfriend opens the door.
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