Julie Wainwright
👤 PersonAppearances Over Time
Podcast Appearances
COVID stopped that, but it picked up again. And oddly enough, by the end of April, when it was two weeks, then we were like in it, we didn't know how long we'd be. By the end of April, people started buying handbags and shoes and then other things, but a lot of handbags and shoes and jewelry. All right, let's go back to the necessity to keep product flowing through.
So 90% of the product flows through in a quarter, which means by the end of everything, April, May, June, The inventory is being depleted very quickly, but it's not being added back because we couldn't pick up products. In California, really the only states that really acted like COVID didn't happen, Florida, Arizona. Florida was, Arizona, not a great big market for the company.
So 90% of the product flows through in a quarter, which means by the end of everything, April, May, June, The inventory is being depleted very quickly, but it's not being added back because we couldn't pick up products. In California, really the only states that really acted like COVID didn't happen, Florida, Arizona. Florida was, Arizona, not a great big market for the company.
So 90% of the product flows through in a quarter, which means by the end of everything, April, May, June, The inventory is being depleted very quickly, but it's not being added back because we couldn't pick up products. In California, really the only states that really acted like COVID didn't happen, Florida, Arizona. Florida was, Arizona, not a great big market for the company.
Florida, good, but not of the caliber of the other states. And a little bit of Newport in California, which wasn't big enough. You had these little pockets where like you walk in and you're like,
Florida, good, but not of the caliber of the other states. And a little bit of Newport in California, which wasn't big enough. You had these little pockets where like you walk in and you're like,
Florida, good, but not of the caliber of the other states. And a little bit of Newport in California, which wasn't big enough. You had these little pockets where like you walk in and you're like,
No, they didn't have the shutdown restrictions. So the company was in trouble.
No, they didn't have the shutdown restrictions. So the company was in trouble.
No, they didn't have the shutdown restrictions. So the company was in trouble.
Oh, look, it was surreal because also we had supposedly they were short sellers. So we have one operating op center that's in New Jersey. And at that time, we had a couple in New Jersey, one in Secaucus and one in Perth Amboy. We had the Bay Area one that we needed to leave anyway, the Bay Area, because we'd grown out, but shut down.
Oh, look, it was surreal because also we had supposedly they were short sellers. So we have one operating op center that's in New Jersey. And at that time, we had a couple in New Jersey, one in Secaucus and one in Perth Amboy. We had the Bay Area one that we needed to leave anyway, the Bay Area, because we'd grown out, but shut down.
Oh, look, it was surreal because also we had supposedly they were short sellers. So we have one operating op center that's in New Jersey. And at that time, we had a couple in New Jersey, one in Secaucus and one in Perth Amboy. We had the Bay Area one that we needed to leave anyway, the Bay Area, because we'd grown out, but shut down.
In fact, when we were just trying to move product to New Jersey so we could process it and give people their returns.
In fact, when we were just trying to move product to New Jersey so we could process it and give people their returns.
In fact, when we were just trying to move product to New Jersey so we could process it and give people their returns.
No, the sheriff showed up and put it like, we're going to throw you guys in jail. I'm like, oh, come on. Anyway, we finally got the product.
No, the sheriff showed up and put it like, we're going to throw you guys in jail. I'm like, oh, come on. Anyway, we finally got the product.
No, the sheriff showed up and put it like, we're going to throw you guys in jail. I'm like, oh, come on. Anyway, we finally got the product.
Oh, no, the whole thing was nuts.