22 Quotes by Richard Baum

Last year, they did this in conjunction with the Super Bowl, and the main target was the U.S.. This year's target was Europe. It's probably as big a deal in Europe as last year's was here.

Mike was a prime mover in the contemporary China field -- in some respects, the prime mover -- for much of the past three decades,

If they're not hitting the week's plan, they have to do something.

We think there's very few of them that can be long-term buys because of the fashion aspect of it, ... In Gap's case, what's happened here is that they've acknowledged that they have missed fashion but, in terms of their inventory management, they'll be delivering more frequently to the stores with less inventory commitment to each delivery. That should minimize their markdowns and improve their gross margins.

Ever since Tiananmen, of course, the U.S. has used human rights both as a barometer and as a weapon against China,

There's more art than science to this. Put yourself in their shoes. You don't have a crystal ball. You don't know what to expect.

The worst thing is to carry inventory over. Unless it's wine, it doesn't get better with age. It's basically better to sell it for 10 cents on a dollar than keep it.

It was a little bit slower than it has been, but consumer electronics and home furnishings are still very, very strong, ... If we were truly in a secular slowdown, we would see slowdowns in all categories.

The students in the square rained on Deng's parade,