Michael Exstein Quotes
I think everybody is having had a difficult time. I think in general it's been a very tough apparel cycle, and I think particularly if you're depending on (designers) Tommy (Hilfiger) and Ralph (Lauren) and Liz (Claiborne), apparel has slowed down.
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Difficult | Time | General | Tough | Apparel |
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I think that retailers have always been somewhat responsible for what they sell. Many of them have spent a lot of time and effort on quality control. I think litigation is a fact of life for retailers. What you're seeing here is that retailers are being held responsible for more and more.
- Michael Exstein
You've had a series of announcements over the last several weeks indicating a softness in retail. You've had other indicators, which I think really tells you you're up against really difficult comparisons [with year-ago figures]. Something's gone wrong with the apparel business in this country.
- Michael Exstein
