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August 25, 2008Michael Hill (MHI) Likely to Steal Market Share From Zale (ZLC), Kay, (SIG), Helzberg (BRK.A), and Fred Meyer (KR)
Analysis of: Michael Hill Buys U.S. Jewelry Stores from Whitehall (Update1) | www.bloomberg.com
Author: Nicholas White, President, White & Co
Michael Hill's entry into the US market during the 4th quarter of 2008 may mean more than lost sales for mid market jewelers in the Chicago area. Here's why.
August 22, 2008Volatile Gold Prices Could Cost Zale (ZLC), Signet (SIG), and Tiffany (TIF) Sales This Fall.
Analysis of: Gold Price Conspiracy? | seekingalpha.com
Author: Nicholas White, President, White & Co
Fluctuating gold prices and metal shortages could cost jewelers both sales and margin this fall. Here's why.
August 21, 2008Is Target (TGT) Missing the Next Retail War?
Analysis of: Target to Put More Focus on Value | adage.com
Author: Nicholas White, President, White & Co
As Target shifts its attention to Wal-Mart, the dollar strengthens, oil prices fall, and commoditiy prices decline. Here is why Target's focus on Wal-Mart may be an expensive distraction.
August 21, 2008Limited (LTD), GAP (GPS), The Same Problem and Equally Mediocre Results.
Analysis of: Will Limited Fall Into The Next Gap? | online.wsj.com
Author: Nicholas White, President, White & Co
Limited Brands and the Gap sell different products, but have many of the same problems. Here's why results may not meaningfully improve for either company
August 18, 2008Is Tiffany's Growth About to Unwind?
Analysis of: Tiffany & Co.: This Bauble is Losing Its Luster | seekingalpha.com
Author: Nicholas White, President, White & Co
With global economic growth slowing, Tiffany's sales and earnings may substantially decline. Here's why
August 18, 2008Whitehall Jeweler's Liquidation Illustrates the Need for Industry Change
Analysis of: UPDATE 1-Whitehall to hold liquidation sale into holidays | www.reuters.com
Author: Nicholas White, President, White & Co
Whitehall's liquidation sale will have significant consequences for publicly traded jewelers like Kay, Zale, and Finlay not only this fall, but in future quarters also. Here's why.
August 13, 2008Timing not Strategy Revitalized Wal-Mart
Analysis of: Engineering a Change at Wal-Mart | online.wsj.com
Author: Nicholas White, President, White & Co
Castro-Wright says his strategy, not the economic down turn saved the company's bottom line. But, the facts don't bear that position out . Investors should be weary of retail executives that believe their own press clippings.
August 12, 2008Will Movado's Earnings Decline?
Analysis of: Movado Group, Inc. Reaffirms FY 2009 EPS Guidance; Announces Initiatives To Streamline Operations And Reduce Expenses | www.reuters.com
Author: Nicholas White, President, White & Co
Management's behavior casts doubt on Movado's future earnings growth. Here's why
August 12, 2008California's Public K-12 Education System Is Worsening
Analysis of: California at the Front of Education Trends | www.usnews.com
Author: Jason Ma, Board Advisor, Sr. Counselor and Former CEO, IvyMax, Inc.
1) The Calfornia public K-12 education system has been suffering from budget cuts for decades, is not at the forefront, and is these days among the bottom 10% of the states in terms of standards and results. 2) It used to produce higher-quality student results two decades ago but since...
August 12, 2008New Oriental and China's For-Profit Education Space
Analysis of: China's Little Dragons | www.forbes.com
Author: Jason Ma, Board Advisor, Sr. Counselor and Former CEO, IvyMax, Inc.
1) Chinese parents in China spend a much higher amount of their annual income on their one child's education, as compared to parents in the U.S., and do almost anything to help their (sometimes spoiled) kids. 2) More and more yuppies in China are increasing their wealth and spend to get ahead in...
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