It has been a while—ten years actually—since we endured the lastr ecession back in ’90/91. But business cycles are pretty much immutable. What goes up must come down. “Regression to the mean” they call it in statistics. Two things have me especially concerned about our current situation. First, the economic rubber band is stretched […]
Well, I Guess It’s a Recession; Perspective on an Economic Downturn. Read More »
I’m sure that everybody who was in the snowboard business during the 1990-91 recession liked that one better than we’re going to like this one. Assuming, of course, that you even noticed the one in 1990-91. Ah, those were the good old days- when suppliers and retailers could sell whatever decks they could manage to get their
What To Do in a Recession? Hint: “Nothing” is the Wrong Answer Read More »
We were looking at a recession before the September 11 attacks on the World Trade Center and the Pentagon and the tragedy raised the possibility (certainty in the minds of many) that the recession would be longer, deeper or both then it would otherwise have been. Economic activity has already rebounded since its nadir in the
It’s old news, of course, that we’ve gotten to the point in this industry where probably north of eighty-five percent of the snowboards sold come from a handful of brands, mostly made by ski companies with the usual exception. And if that concentration is not how we’d like it to be, it’s how it almost always
“Hey! How Come You’re Still Around?” Conversations With Survivors Read More »