I also like this company and been on my watchlist for awhile. I think current valuation is attractive. But I struggle with the future of this business with the strong head wind from online, which will happen eventually for luxury goods. I always enjoyed reading their AR. Good luck! :)
Reply to @theintelligentinvestor : Oh... you read them? I actually went to their website to take a look. it made sense to me why their online offering is like that.
Anyway I agree that still need time to take a look since 2017 is a good economy year.
Let me make a guess, The Hour Glass? :)
Reply to @learningboy1988 : Nothing to ask. haha. Next quarter sounds good from the letter too.
I also like this company and been on my watchlist for awhile. I think current valuation is attractive. But I struggle with the future of this business with the strong head wind from online, which will happen eventually for luxury goods. I always enjoyed reading their AR. Good luck! :)
Reply to @theintelligentinvestor : Oh... you read them? I actually went to their website to take a look. it made sense to me why their online offering is like that.
Anyway I agree that still need time to take a look since 2017 is a good economy year.