Top heavy management with high salaries. People in charge of divisions haven't a clue about their products or their customers. Decisions are made without researching the market, focus groups or trends. The two pattern companies, Simplicity and McCall are being run by people who don't have experience working in fashion company, let alone a pattern business. There is no understanding about how a fashion line is developed and what drives the customer to make their purchase. Instead of looking to the future of the pattern business, they are just propping up and an old outdated business model. Creativity is ignored, free thinking is ignored, thinking out of the box is ignored.
The top level has enormous salaries and to keep the salaries and bonuses on-going, people are eliminated according to their salaries-experience and knowledge does not matter. Age and salary is your gateway to unemployment with this company.
This company is trying to prop up the bottom line via acquisitions and not concentrating on how to improve the core products. This is a company that is reactive not proactive, it's not about how can we improve and look to the future, it's about how we can cut costs. Low Margins and Cheap products. Take a look at the nose dive of a stock performance over the past two years.