Tommy Bahama, the source of 81% of OXM's operating income, faces an extremely tough market. The brand is primarily concentrated in areas hit especially hard with weak housing markets, including, but not limited to, Florida, Arizona, and California.
Tommy Bahama, the source of 81% of OXM's operating income, faces an extremely tough market. The brand is primarily concentrated in areas hit especially hard with weak housing markets, including, but not limited to, Florida, Arizona, and California.
The Ben Sherman brand is unproven in the US. In fact, buying Ben Sherman in the first place may not work out so well for OXM. This leads to the idea that management may be out of touch with reality on both Ben Sherman and Tommy Bahama.