Reading Time: < 1 minute These days it’s not easy for investors who hold US stocks, because the market has been in declining mode after the sub-prime woes. Do you still remember the DOW 14,000? That was July 19, as I wrote a post “IS Dow 14000 relevant“. Well, relevant or not, the Dow has retreated and it’s now under
Reading Time: < 1 minute I found this knock off iPod Nano at Taobao, Mr. Ma Yun’s company. Note his big baby Alibaba is preparing for the IPO in Hongkong later this year. It appears to me this “grey market iPod” looks very much like the real one; and it has its own market, because fashion-chasing teenagers in China want
Reading Time: < 1 minute I read it from the Forbes, Crocs bought Bite Footwear. I checked out Bite’s web site, it looks they make sports sandals, which reminds me of the “Keen” branded outdoor sandals sold in Dick’s Sporting Good. Don’t know if they are comfortable or not, but the Keens are not cheap. One interesting thing I saw
Reading Time: < 1 minute Got back to Shanghai in the weekend; my limit observations in past 2 days suggest those two are hot besides the weather. Don’t run and buy stocks solely based on this. Crocs: I saw people wearing Crocs near Zhongshan Park, at Hongqiao Parkson Shopping Mall and Jinjiang Chef (restaurant). Today my co-worker told me this
Reading Time: < 1 minute Here is the results (details from business wire). I will add more after listening to its conference call. — Second Quarter Revenues Increased 162% to $224.3 Million vs. $85.6 Million Last Year (analyst expected 188.49 to 204.20) – Company Reports 2Q07 Diluted EPS of $0.58 vs. $0.19 Last Year- (analyst est. 0.40 to 0.48) —
Reading Time: 2 minutes 1) International: no secret here, as you can count the stores (more stores in India than China), from their web site www.crocs.com (international). The trick here is they expanded internationally at much early stage compared to Nike, etc., considering they are just a few years old. We can attribute partly to the globalization of economy
Reading Time: < 1 minute Just went back from Chesterfield Mall, saw Heelys at predominant locations at “Finish Line” (the discount sporting shoes store), and TradeHome, a boutique shoes store which also sells Crocs, Keen, Merrel and Teva. The Journeys also kept the Heelys, also I saw they cut the price on one model. Yes, Heelys (HLYS) is a broken
Reading Time: < 1 minute Follow this link to get 20% off at shoebuy.com, I believe it does not have restrictions on the type of shoes (hint: Crocs) you can buy. This is not an affiliate link (a.k.a., I am not receiving any referral fee from this).
Reading Time: < 1 minute I wrote about Nike (NKE) a while ago during NBA finals. I joked about Nike is the loser in this NBA finals because their super star James’ team lost. Obviously in the real world Nike is doing very well, especially internationally (Europe and Asia, specificialy China). Here is their quarterly report. This is not surpising
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