'Six Packs of Men's Briefs'

5min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Fruit of the loom and ann brooks, we're just completely different companies. We had to negotiate or independence from them. And i again, you know, i could have laughed. I didn't want to leave. The innovation was a mighty morphin power. Ranger mayv helders anyway. They bought it for russell athletic apparel. It wold worked. You get to retain your independence there, but you're not really independent. You're still within rustle with this and within fruit, at some point you get the cone, the phone call from warren. Can you talk us through that? Yes. He couldn't figure out why guys weren't squashing

For the final act of the Arena Show, we’re joined by Brooks CEO Jim Weber to tell the amazing story of how he transformed the company from a 3rd tier, deeply cashflow negative “also-ran” into one of the world’s premiere fitness brands and a crown jewel of the Berkshire Hathaway empire — with compounding revenue and cashflow growth that rivals even the legendary Mrs. See’s Candies!

If you want more Acquired, you can follow our newly public LP Show feed here in the podcast player of your choice (including Spotify!).

Sponsors:
Statsig: https://bit.ly/acquiredstatsig24
Vanta: https://bit.ly/acquiredvanta
Crusoe: https://bit.ly/acquiredcrusoe

Links:

Jim's book, "Running with Purpose"

‍Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.