Reputational damage done, page-27

GIII the same. It re emphasises the point, CCX has not grown its key product categories by differentiating against competitors to the extent that it should have, it has become lazy in relying on the same sales channel and product offerings approach and main tool of discounting to compete.

It is not known as a leader in any U.S.A or UK, EMEA product category and doing very little to become one.

Discounting rather than design and differentiation will get the group nowhere special in the long term.

The daily ordinaries stock focus and build says a lot about design and quality at CCX and its focus on building a global brand earning $billion in sales.