Why Delia's Is The Next J.Crew And Not The Next J.C. Penney
That's according to long-suffering shareholder and hedge fund manager Whitney Tilson, who told BuzzFeed the teen retailer's turnaround under its new CEO — recruited from J.Crew — will be different from the Ron Johnson–J.C. Penney situation that burned him last year.
Hedge Fund Manager Tilson Asks Almost Every Question On Delia's Earnings Call
Whitney Tilson, the founder and manager of Kase Capital, peppered Delia's management with questions about the teen retailer's turnaround today. Tilson was looking for reassurance that Delia's new CEO will bring some of the magic she worked on J. Crew to Delia's.