“I don't fret much about the natural life spans of shoe companies. If stores don't do the right things, they cease to exist, and that doesn't trouble me at all.” IfsNaturalCompanyTroubleShoesStoresCeaseRight ThingLife SpanNatural Life Author:Steve Madden
“The sports apparel industry was dominated by the big shoe companies. But there was a void in apparel and I decided to fill it.” BigsSportsCompanyIndustryDecidedShoesVoidApparelBig Shoes Author:Kevin Plank
“Many years ago, a large American shoe company sent two sales reps to different parts of the Australian outback. A while later, the company received a telegram from each. The first said, 'No business here - the natives don't wear shoes.' The second said, 'Great opportunity here - the natives don't wear shoes.'” YearsFirstsSaidTwoDifferentOpportunityCompanyYears AgoShoesAustralianGreat OpportunityTelegrams Author:John Capozzi
“I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.” MadeGamesDecisionCompanyMillionsPaidShoesBillionsDumbZeroDumb Decisions Author:Warren Buffett