DeAngelo, Harry (contributor); DeAngelo, Linda (contributor) - 2001 - [Elektronische Ressource]
billion in market value in 1989 to zero in
1998. For over six years as revenues declined precipitously, management tried a …. Management responded by
selling excess inventories to deep discount outlets, thereby damaging the brand with consumers and …
alienating full price retailers. By 1991, quarterly loss-induced covenant violations led management to
seek external financing …