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Old PSG Wind-Down Ltd PSGLQ

Consumer Cyclical Leisure
"Old PSG Wind-down Ltd designs, develops, manufactures and sells performance sports equipment and related apparel for ice hockey and roller hockey, baseball and softball, lacrosse and soccer. Its brands include BAUER, VAPOR, SUPREME, and NEXUS."


GREY:PSGLQ - Post by User

Old PSG Wind-Down Ltd > CEO resignation
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Comment by hockey1970on Mar 22, 2016 7:01pm
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Post# 24690260

RE:CEO resignation

RE:CEO resignationAmir is still left with a dog with ton's of hair on it. Bauer has at least 3 years worth of inventory out in the market place. THey were forcing 20% growth on the retailers which was unsustainable. They made acquistions is markets that have downward pressure. When they did buy a brand in a growing space they bought a no name brand with hopes of making it a name. Inaria is a third tier brand in the market place and from what I can see delivers nothing to PSG.

The chickens have come home to roost on this one. Amir is going to need to blow it up and start all over again. Go speak with retailers you will discover what I did.
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