GNC Affairs through Sahm Adrangi’s Lens

Soon after the publication of the piece: An Ode To Those Who Wander, Sahm Adrangi, a former hedge fund credit analyst reached out to me with the intention of discussing GNC Holdings Inc. During the weekend, we finally found the time. The former Wall Street bond trader had been following my work with which he built a significant position. Sahm Adrangi agreed with thesis adding that he frequented the stores, made channel checks as he and his wife moved to the Raleigh area. According to him, he had noticed decent traffic trends around his region. He also said that there was a break between his experience in the stores and the Bears’ thesis. Adrangi noted that the Robert Moran playbook was working as there was an inherent lag between today and when the shift showed up in the numbers. The sad part is that Wall Street could not predict the change. As a result, it still holds on to the ratios adopted by the old GNC.

Sahm Adrangi also pointed out that since his time in Wall Street, the reason GNC’s debt traded poorly is due to the adoption of a significant market capitalization as a cushion and using equity as the barometer. The equity is used to give an all-clear signal. Additionally, he ascertained my thesis on the current asymmetrical risk/reward for GNC. During this conversation, he shed light on the fact that bodybuilding.com had laid off 15 percent of its staff members. The hedge fund supernovas indicated that GNC bodybuilding.com was a threat yet the company was scaling down on its staff, a fact that weakened the Bears’ argument.

Sahm Adrangi is associated with Kerrisdale Capital Management. He is the chief investment officer. Since its foundation in 2009, he has actively participated in its development. The company began with a portfolio of below $1 million. However, as of today, the firm manages over $ 150 million. Kerrisdale conducts research meant to correct misconceptions about the fundamental business prospects. The analysis is posted on Twitter, third-party websites, and on its site.

Sahm Adrangi career began at Deutsche Bank and Chanin Capital Partners where he advised creditor committees on matters bankruptcy. Additionally, he spent part of his career at Longacre Management. He is a public speaker and holds a degree in Economics from Yale University.

Learn More: www.linkedin.com/in/sahm-adrangi-3548541

Successful Hotelier and Investor, Chris Burch

Chris Burch happens to be the active founder of Burch Creative Capital and has been know because of his great entrepreneurial skills. He is known to be a great investor and has also been recognized because of his awesome managerial skills. He has got over four decades of experience in these industries and has been on the frontline working for the rise of various multiple industries including Tory Burch, Voss Water, Poppin, Jaw Bone, Faena Hotel, and Universe. His impact on these businesses has been received with a lot of seriousness, and he has led to their great success. The great Chris has been able to work for his success up the sky without giving up and has been on the frontline ensuring that he offers his best throughout his career.

In the year 2002, Chris Burch was involved in the acquisition and also the renovation of the famous luxury resort known as Nihiwatu that is located in Indonesia. It is among the best hotels in the world and was ranked position 1 in the whole world. Check related article on businessinsider.com.  He had great passion in the hospitality industry and was able to penetrate very well in the industry. He has since then become a great developer in the industry, and his passion is still being felt.  Read his views on business, click on entrepreneur.com.

Chris Burch in the year 2014 announced a great partnership with one famous Ellen De Generes to launch her favorite lifestyle brand. Later during the same year, he was involved in the launching of the famous Cocoon9 which was a home with elegant space saving floors, energy saving features and also comprised of great an attractive finishing. He has massive experience in the industry and has invested his skills, times and resources towards ensuring that they produce quality products with elegant outlook. He is also on the forefront helping in the coming up of several great consumer related products brands which include Blink Health, BaubleBar, Chubbies, Brad’s Raw Foods, Soludos and also Little Duck Organics. His vast experience in the industry has been awesome and fabulous.  More about his follow on investments on prnewswire.com.

To know his latest cool offering to the market, hit this.

Burch is also a great strategist and has been on several boards of various companies. He was on the board of the famous Rothman Institute Orthopedic Foundation and also happens to be the former CEO and the president of the famous The Pierre Hotel Co-op Board. He has had wide experience in so many fields and has worked tirelessly towards ensuring his life’s dream become a reality.

Start getting connected, visit http://www.burchcreativecapital.com/contact/

Chris Burch a Serial Entrepreneur and a Marketing Legend

Chris Burch is a serial entrepreneur who can spot an opportunity where no one can and is not afraid of venturing into new businesses. Burch is popularly known for establishing several internationally known brands such as the Tory Burch and C. Wonder. Burch has also invested in a wide range of industries which include financial companies, technology, consumer products and recently the hospitality industry.  Hop over to forbes.com for related article.

In 2012 Burch together with his partner an hotelier McBride, purchased and built a five-star resort on a remote island in Indonesia. Within a very short period, the resort has turned out to be one of the best hotels in the world-beating giants in the industry that have been in existence for decades. In 2016 the resort was named as the best hotel worldwide by Travel + Leisure.  For further reading about the award-winning resort hotel, check businessinsider.com.

The Hotel was previously a beach hostel on the Indonesian Island of Sumba and was owned by a New Jersey couple. After buying the hotel, Burch and McBride invested close to 30 million dollars a larger part of the funds going to the renovation of the beach hostel into a five-star restaurant. The resort is known as Nihiwatu which means mortar stone. The beach was named after a rock formation on the tide.

According to Burch, Nihiwatu exceeded his expectation which is quite rare phenomena when it comes to business as most of the time things turn into less. Nihiwatu is no ordinary place and has beautiful palettes, spas under waterfalls, butlers in almost every room and 27 private villas.

Burch according to a media outlet Wall Street Journal spends his time juggling between Miami, the Hamptons, and Nihiwatu.  Related article here.  The hotel hosts Burch private home the Raja Mendaka which has a main house and four villas with private plunge pools.

Besides owning Nihiwatu beach resort Chris Burch is also the founder and CEO of Burch Creative Capital. Burch Creative boasts of a portfolio of world top brands such as the ED by Ellen DeGeneres, Cocoon9, and Poppin among others. Capital Creative is currently developing an array of lifestyle and consumer products.  Additional reading here.

Burch has a diverse business background and has interests in fashion, technology, and real estate businesses. Burch began his career at a very tender age while he was still a student at Ithaca College. Together with his brother Bob, they co-founded Eagles Eye apparel which they grew and was worth over 160 million dollars at the time they were selling it.  For an in-depth look at his various business ventures, head over to burchcreativecapital.com.

For an overview of his diverse investment, visit https://www.crunchbase.com/organization/burch-creative-capital#/entity