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November 27, 2008Zale Disappoints Again, Again, and Again!
Analysis of: Zale Corporation Says Does Not Believe That Previously Issued Earnings Outlook Should Be Relied Upon | www.reuters.com
Author: Nicholas White, President, White & Co
Zale's top-line sales problems continue to be greater than the effects of a recessionary economy. Here's why.
November 21, 2008
TV Numbers Are Not That Good
Analysis of: TVB's Revised Spot Forecast: Down 7-11% | www.tvnewsday.com
Author: GLG Expert Contributor
Analysis of: TVB's Revised Spot Forecast: Down 7-11% | www.tvnewsday.com
Author: GLG Expert Contributor
2009 is going to be a tough year but what else is new? TV, like other media is not immune to the economic downturn. Advertisers are being forced to re-look media/marketing expenditures, that in itself is not unusual or a bad thing per se.
November 20, 2008
TV Numbers Aren't Good - But Don't Rule Out The Power Of The Consumer
Analysis of: TVB's Revised Spot Forecast: Down 7-11% | www.tvnewsday.com
Author: GLG Expert Contributor
Analysis of: TVB's Revised Spot Forecast: Down 7-11% | www.tvnewsday.com
Author: GLG Expert Contributor
In late 2008, the advertising industry appeared to be headed in the same direction as the American economy, except that the federal government is expected to provide some help to the economy in 2009. Advertising couldn't even count on a Holiday bonus and 2009 had nothing in sight to replace the...
November 19, 2008Luxury Names Trade Brand Value for Cashflow
Analysis of: In Rare Move, Luxury-Goods Makers Trim Their Prices in U.S. | online.wsj.com
Author: Nicholas White, President, White & Co
Discounting and over distribution could spell the end to many luxury and aspirational brands. Here's why.
November 17, 2008Signet(SIG) and Zale(ZLC) Must Create More Value!
Analysis of: Should Blue Nile Marry Itself? | www.fool.com
Author: Nicholas White, President, White & Co
The business model of mid market jewelry companies like Signet and Zale depended on an increasing money supply and cheap credit for growth. Now that the old monetary paradigm is broken, both chains, as well as, most of their competitors need look for new ways to create value for...
November 17, 2008Can Signet Group (SIG) Wait Two Years For a New CEO?
Analysis of: BRIEF-Signet Jewelers says Terry Burman to remain CEO until Jan. 2011 | www.forbes.com
Author: Nicholas White, President, White & Co
Signet's decision to wait two years for Terry Burman to retire could mean the company falls behind in adapting to a new economy and customer fostered by this recession. Here's why.
November 10, 2008DeBeers Blitz-Too Late to Help The Likes of Zale and Signet
Analysis of: De Beers details 'unprecedented' holiday ad blitz | www.nationaljewelernetwork.com
Author: Nicholas White, President, White & Co
DeBeers' decision to double its advertising investment in the US market comes too late to help retail jewelers this year; especially the middle market ones like Zale and to a lesser degree Signet. However, leadership in rough diamond distribution and a renewed commitment to the US market could...
November 3, 2008Can Blue Nile Return to Growth?
Analysis of: Analysts expect Blue Nile to post 16-cent profit | www.forbes.com
Author: Nicholas White, President, White & Co
Blue Nile faces huge challenges in the fourth quarter, as well as, in FY 2009. Here's why the Internet's biggest jeweler's growth may slow to a trickle.
November 3, 2008Sharp Drop In Rough Diamond Prices Signals Harder Times For Jewelers
Analysis of: Sharp Drop in Prices at BHP Billiton Rough Diamond Tender | www.idexonline.com
Author: Nicholas White, President, White & Co
For the first time in a half century diamond prices are behaving like commodities. Here why the $65 billion dollar jewelry industry is in for even more volatile times.
October 23, 2008Any Candidate for Sears' (SHLD) CFO Needs More Than Grooming
Analysis of: Sears grooms new chief financial officer | www.businessweek.com
Author: Nicholas White, President, White & Co
With financial markets imploding and directors managing both financial institutions and the company they invest in, CFO's professional independence may constitute the last line of defense against self interest and greed. Here is why.
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