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    12 major consumer brands that won’t see 2010


    12 major consumer brands that won’t see 2010

    Post by michael144/Admin on Mon Apr 20, 2009 9:39 am

    Douglas A. McIntyre at 24/7 Wall Street is predicting the demise of
    12 established consumer products this year. With the engineered
    collapse of the economy and inflation expected to pick up a drop in
    consumer spending and a lower standard living is inevitable.
    Welcome to the third world…
    A number of well-known brands disappeared in the last
    year in large part due to economic forces. Many of them were in the
    retail industry, led by Circuit City. ATA and Aloha airlines are gone.
    Gateway Computers has effectively disappeared after being bought by
    Acer. It still has a website, but the brand is no longer marketed.
    As the recession deepens and stretches out quarter after quarter,
    more companies will close or will shut divisions. More brands will
    disappear because their parents firms fold or can no longer afford to
    support them. Other brands will be obliterated by mergers.
    24/7 Wall St. examined 100 large brands that are facing troubled
    futures. The analysis included records for those brands that are public
    companies or part of public companies. We considered sales information,
    information from experts, and brand histories. We also looked at the
    level of competition in each brand’s market and the extent to which
    that competition is growing. We examined the likelihood that a brand
    could be sold or spun off in cases where parent companies are in
    financial trouble.
    We have compiled a list of 12 brands that will we believe will not
    survive until the end of next year. Each brand and the major reasons
    for its demise are listed along with some of the public information
    24/7 Wall St. examined.
    1. Avis/Budget (CAR)
    2. Borders (BGP)
    3. Crocs (CROX)
    4. Saturn was created by former GM (GM)
    5. Esquire Magazine is published by Hearst
    6. Gap (GAP) Old Navy and Banana Republic
    7. Architectural Digest Magazine owned by Conde Nast which is controlled by the Newhouse family
    8. The Chrysler brand of Chrysler LLC
    9. Eddie Bauer (EBHI)
    10. Palm (PALM)
    11. AIG (AIG)
    12. The travel industry, United Airlines (UAUA) is among the three
    weakest carriers in the US. AMR (AMR) and US Air (LCC) complete the list
    Read the full article HERE.

      Current date/time is Thu Feb 21, 2019 4:54 am