34 Quotes by Robert Passikoff
- Author Robert Passikoff
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It's difficult, but in these times, when the customer is willing to look around for fashion, it's certainly not impossible for Wal-Mart's new brand to succeed.
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- Author Robert Passikoff
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In May of 2002, when the brand competed with others, they were doing so from the castle on the hill. Now they're in the moat with everyone else.
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In May 2002, if you asked me anything about Martha Stewart, all of my responses would have been positive.
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I liken what Wal-Mart's trying to do in terms of fashion to turning around the Queen Mary at full steam, ... It's not impossible to do. But it's not easy either, and it's going to take quite a long time.
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If Martha goes to jail, this company will be hit but it won't fall apart, ... It could still compete in all the categories because it has a life of its own now and it's not as reliant upon Stewart to sustain financial viability. Sure, it will become a different company, with a different brand strategy, in need of a new leader.
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The damage was done a long time ago. The competitive landscape is so dramatically changed from two years ago.
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The company has seen how tenuous it can be to be a hundred percent invested in one person,
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