Saturday, November 21, 2009

The Free Market At Work

Abercrombie was once as popular among Wall Street analysts as it was throughout the halls of high schools across the country. A genius management team slapped a moose logo on basic, preppy attire and successfully convinced fashion enthusiastic teens to pay huge premiums for its merchandise. The result led to gross margins surpassing 66% -- unheard of in the retail industry -- and alluring growth.
Honestly, any nation stupid enough (even if it's only teenage cretins) to do that sort of thing deserves to be bombed back to the Stone Age. (Or, dare we say it, bombed back to the Stone-Washed Age.)

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