The Moss Adams Apparel Market Monitor shows that public companies, with the exception of the Youth Lifestyle category, continue to outperform the overall stock market. Previews of Agenda WMNS at Long Beach, Agenda NYC and Agenda Vegas. Now on Industry Insight.
The Obama administration invited RVCA founder and CEO PM "Pat" Tenore and several other small business owners to the White House this month to hear the President discuss his plans to help small businesses. Pat answered some questions for me about the visit and what it was like to meet Obama.
I was contacted by an executive member of President Obama's staff. He called me, and at first I thought it was a joke. He then followed the phone call with an email. Once I saw the email with a .gov address I thought maybe this could be real. After I figured out it wasn't a joke, I booked a flight and I was off to D.C.
Obama gives you the feeling that everyone matters and has a voice. For a random person from Costa Mesa to get the opportunity to meet the President inside the White House, it made me feel like change is coming. It gives me a very positive outlook on the future.
It seems like the administration is trying to implement a lot of initiatives to help small business. As a small business owner I appreciate that the administration is paying attention to small businesses and recognizing that everyone is important.
The President seemed authentic and connected to the problems and concerns of everyone in the group. Ever since I was a kid I felt alienated from government and politics. The experience made me feel that Obama is genuinely in tune with everyone.
The security is probably exactly like someone would expect at the White House. A lot of military, police and secret service. Although is was a bit intimidating, the people were very friendly. There were two check points. ... In a way, very similar to going through the security line at an airport.
The format for the meeting really didn't provide an opportunity to ask any questions or share concerns.
I had a few things that I wanted to accomplish during my visit to the White House. There is a painting there of President Obama that was painted by David Choe, and I really wanted to take a picture of it. I asked if I could, but was told that the painting was in a different Wing, and I didn't have security access to go there.
I also wanted to get President Obama to throw a shaka and get a photo with him. When it was my turn to meet the President, I gave my camera to someone to take our picture. I now have an amazing picture of President Obama and my right arm - no shaka. The camera guy blew the picture. However, I was able to get some great interior photos of the White House.
The thought did cross my mind, but I was told not to bring any gifts. It would have loved to have brought him some trunks. I am sure he would have put them to good use body surfing at Sandy Beach.
He asked me how Kelly Slater did in the Australia leg of the tour and I told him not so good but he is still the best ever and current world champion. No, I just shook his hand and told him it was a pleasure to meet him.
After hearing back from Pat, I checked the White House blog for more details about the session he attended. RVCA was one of 67 small businesses and non-profits that attended.
A lot of details of the meeting got lost in the uproar that day over the $65 million in bonuses paid to some AIG executives, and President Obama spent the beginning of the meeting calling for the government to block the payments.
Here are some highlights of his small business relief acts and proposals: