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Doesn't RecommendNegative OutlookApproves of CEO
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- Senior Management
I worked at Steve & Barry's full-time (More than a year)
Good concept and great potential, at ease environment. Would of had many other clothing companies worried. Was successful at licensing endorsement, celebrities with clothing lines from different backgrounds.
I think the bad financial management and bad growth plans led to bankruptcy during the market crash. Real estate holding leases for locations where we had no store built out and no money coming in but still paying lease. Don't try to open 100 plus stores in one year
Advice to Management
i think one big mistake was to hire a bunch of inexperienced recent college grads with no interest in the business.