ld111134
Distinguished Member
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- Dec 20, 2007
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I think this is my problem with it. Or, more specifically, AE's problem. They lack a core direction. It always seems like they're trying everything, without focusing on their strengths.
It's not that I object to AE making bal boots per se, and I don't begrudge bal boot fans this offering. But looking at the devastation of the American shoemaking industry, and knowing how hard it is for a company like AE to survive these days, it just seems like a shakey way of doing business.
The main difference between AE and Alden is that AE is a much bigger company that is owned by private equity investors and has a much bigger payroll to support. IIRC, Alden is still a family-owned company whose objectives may well differ from those of AE's investors. Such differences probably make it incumbent upon AE to produce a broader range of product that Alden.