Mari Shor is a senior analyst for fundamental research covering stocks in the consumer sector at Columbia Management Investment Advisers, LLC. Ms. Shor joined the firm in 2003 and has been a member of the investment community since 2001.
Prior to joining the firm, Ms. Shor was an analyst for the Structured Asset and Liability Group of the fixed-income division at Goldman Sachs. Ms. Shor began her career as an analyst in the structured finance group at Goldman Sachs.
Ms. Shor earned a B.S. from the Wharton School at the University of Pennsylvania. In addition, she holds the Chartered Financial Analyst designation.
Since 2011, consumer spending has been below average overall, and spending on retail apparel has been especially poor. A host of factors, from shifting consumer priorities to poor inventory control have forced apparel retailers to compete on price, and sales and profitability have suffered dramatically. Premier global brands with differentiated product and strong, flexible supply
We believe that many of the macro and micro headwinds experienced through 2013 will continue into 2014. Low correlations across apparel retailers and manufacturers provide opportunities to generate alpha through stock picking. Faced with structural and cyclical headwinds, apparel retailers will need global brand strength, enhanced technological capabilities and supply chain expertise to gain market
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