6 Comments
Oct 12, 2023Liked by Jared Leary

Great article and I agree with the thesis and if they can execute, the patient investor will reap the rewards indeed. I got in originally at 32 and sold a portion at 49 for some profit. I decided to DCA on the downtrend and have an average price of 39 now. So I need significant upside from here, but I’m patient on this one. Hesitant to add more yet as I need some encouraging signs on their inventory and their growth as you also mention.

Expand full comment
Oct 5, 2023·edited Oct 5, 2023Liked by Jared Leary

Thank you for this. Extremely thorough and without bias. I started picking up shares months ago around $20 and am getting killed but I do like the prospects as well. Let's see the next quarter...

Expand full comment

Thank you very much for this analysis. Personally, I don't like investing in the fashion industry. It's hard for brands to keep up with changing customer tastes, to keep up with new brands and so on. Over the long term, very few brands manage to hold their own.

Expand full comment