GREY:CCTXF - Post by User
Post by
Tanker81on Jun 04, 2017 12:19pm
117 Views
Post# 26321949
What are your thoughts on this statement
What are your thoughts on this statement"This new frontier in multi-brand e-commerce achieves our strategy of becoming the brand group we have sought to become while diversifying our revenue streams," commented Keir Reynolds, Chief Executive Officer. "We do not need to tie-up financial resources in inventory or make long-term brand or product commitments unless dictated by success. This leaves us to be a nimble, technology based company rather than just a brand retailer. As we complete our pivot, the vast opportunity we are addressing will become even clearer." This posted from a NR for the acquisition of Mekenix Can we break that down to English..... what does that mean to all you investors out there? I have a few thoughts but will wait to hear what you think......