Let's be honest with ourselves, the portents aren't good out there. Pre-owned prices continue to drop, and suppliers are practically begging brands for orders of pretty much any kind. The vultures are starting to circle more than a few brands, and it will a game of survival for even some of the big dogs.
If I've read the stock reports correctly, Mighty Swatch Group shares spent most of last year hovering between 12 and 13. Let's just say things have changed, as they appear to have closed at 9.11 yesterday.
So let's see what happens as we head towards the holidays. Christmas may indeed be coming, but the goose might need to tighten its belt a bit.
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