“Planet Fitness bleeds its own blood” — Kate Spade’s opposite day. Blade’s heli-SPAC. Planet Fitness’ trick.

The Best One Yet

Nick & Jack Studios

Business, News, Finance, Pop Culture, Business News, Tech

4.6 • 9.8K Ratings

🗓️ 16 December 2020

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

Kate Spade and Coach shouldn’t be selling more handbags during a pandemic… yet they’re more profitable than ever. Planet Fitness whipped up an aggressive trick to not go bankrupt. We call it the “fruit fly strategy”. And Blade is the “Uber for helicopters” going public via SPAC — just as Uber is quitting helicopters.$PLNT $TPR $EXPCGot a SnackFact? Tweet it @RobinhoodSnacks @TBOYJack @NickOfNewYorkWant a shoutout on the pod? Fill out this form:https://forms.gle/KhUAo31xmkSdeynD9Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0	This is Nick, this is Jack, and this is Snacks daily.
0:04.6	It is Wednesday, December 16th.
0:06.2	The Northeasterners Snackers better put on a car heart beanie.
0:09.6	You got snow coming your way.
0:11.0	Dalien's warming up some cool hot is over there Jack.
0:13.6	It's a frickin' noise, Doc.
0:15.6	Let's hit our TBOY.
0:17.1	We got our best one yet.
0:18.4	First story, Jack.
0:19.4	Planet Fitness survived the pandemic with a nice little strategy.
0:22.4	A Jack and Erick on this, the Fruitfly strategy of a customer service.
0:26.2	For our second story, Kate Spade and Coach shouldn't be selling high-end handbags during
0:30.8	the pandemic.
0:31.8	Yet their owner tapestry has never been more profitable.
0:35.5	For our third and final story, Blade wants to get you from Manhattan to the Hamptons
0:40.7	from Manhattan to Nantucket from Palm Beach to Aspen on a Pride at Helicopter.
0:45.3	Damn, I don't know, Jack.
0:46.3	Feels like a good time to go public via SPAC.
0:48.4	What do you say?
0:49.4	That sounds apropos.
0:50.4	But before we jump into that wonderful mix of stories, a wonderful mix today, by the
0:54.3	way, Jack.
	...

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