Fred Parrish: Luxury Brands Burning Old Inventory

A recent trend among luxury brands is to burn old inventory. Fred Parrish recently commented on this trend. Are luxury brands trying to protect brand equity by burning their old inventory? Well that’s what they say, and these companies do spend millions of dollars building

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Cash is King, So How Are You Managing It?

Knowing Your Cash Buffer Days Can Help Gauge the Financial Health of Your Business= Most small businesses hold a level of cash reserves that would provide an insufficient cushion in the face of a significant economic downturn or other disruption. That’s among the findings in

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