resale has always been a tough business in the fashion world. But it can be a lucrative one, if you can find that magic formula. What's challenging companies with an inventory model is they've got to handle the inventory. They have to separate it on some platform and present it to potential buyers. Then there are the fulfilment casses just eat up the bottom line. And lastly, curious to hear yo on this, they're the unspoken giants which provide this competition in the market place - their thrift stores. I mean, they get their inventory for free, right? We drop it off, they put in their stores.
Home sales fell nearly 6% in July.
(0:21) Jason Moser discusses: - The challenge for 1st-time home buyers - Why he prefers investing in residential real estate through home improvement businesses (rather than home builders) - The airline industry's woeful track record on share buybacks - "Is this the best use of capital?" being a question to ask about any share buyback announcement
(12:37) Asit Sharma and Deidre Woollard discuss the growing trend of 2nd-hand fashion and the opportunities for companies involved.
Our annual investing conference is free for Motley Fool members and just 12 days away! For more details go to http://Fool.com/FoolFest.
Stocks mentioned: HD, LOW, DAL, UAL, AAL, LUV, BRK.A, BRK.B, TDUP, LEVI, NKE, REAL, ETSY
Host: Chris Hill Guest: Jason Moser, Asit Sharma, Deidre Woollard Producer: Ricky Mulvey Engineer: Dan Boyd
Learn more about your ad choices. Visit megaphone.fm/adchoices