Converse shoes had stuffed it up big time. They had filed for bankruptcy and were on the way out. Under new management, Converse (sales of just over $200 million in 2003) grew to turn over $2 billion in 2016.Pathetic track records don't always signal a death knell Zara. Fat Lady!
SAS Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held