In the best of times, the retail business is a demanding workplace of many moving parts and slim margins. Given the complicated processes and aggregate costs of buying, distribution, stocking and selling, it might take only a few bad decisions to move a retailers balance sheet in the wrong direction.
All of that doesnt even account for the fickle customer, who is evermore careful about shopping choices in difficult economic times. Fickle goes especially with retail fashion, which is where upscale retailer Elie Tahari serves the market with ready-to-wear designs and fashion accessories for men and women. The privately-held company operates 17 retail stores and outlets and also sells its brand through high-end department store chains including Saks.
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