|| Print ||
|Articles - December 2010|
|Wednesday, November 17, 2010|
General manager Dave Hansen started working at the business in 1981. A friendly, soft-spoken man who himself could have been an extra in that iconic 1960s movie, he points out during a tour of his shop a collection of jackets hung under a stack of rejected leather. A yellow elk-hide jacket stands out from the others. “That one has been to shows all over Japan,” he says. “I’d say it’s worth, oh, $25,000.”
Ross Langlitz was a motorcycle enthusiast who lost much of his right leg to a bike accident in the 1930s. He founded Langlitz Leathers in 1947 in his basement, where he whipped up jackets for friends. By the time Hansen married Langlitz’s daughter, Jackie, in 1981, it was a well-established shop for leather lovers. The shop relies on word of mouth to promote its product.
The word gets around. Sales exploded in the late 1990s following an article in the Wall Street Journal that featured the shop. “We had a backlog for almost two years,” Hansen says. But following the recent recession, sales declined and the average wait time is now around one month. In the past few years, the shop laid off two of its 15 employees. Despite its drop in sales, its custom jackets still attract customers with money to spare. “The top 1% of the world is a lot of people,” Hansen says. When Hansen bought his first Cascade jacket in the early 1970s, it was $75. It now goes for $850.
Before the recession, Langlitz split its business between catalog and drop-in customers; now 80% of business is non-local. These catalog shoppers are from around the globe, most of them Japanese.
Hansen first started selling to the Japanese market in the early 1990s. “Two [Japanese] sailors came into the shop during the Rose Festival one year and bought jackets,” Hansen says, adding that he gets about one-third of his revenue from Japan.
Hansen credits foreign interest in his products to the rebel-without-a-cause Americana image of their jackets. “Folks like old American stuff made by old American companies.”
Thursday, June 19, 2014
BY MONICA ENAND | GUEST CONTRIBUTOR
Nine tips for building habits among employees to respond when needed.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Monday, June 16, 2014
The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.
Friday, June 13, 2014
BY CLIFF HOCKLEY | OB GUEST BLOGGER
This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
|The Private 150: Bigger But Leaner|
|The Perfect Food|
|Taxis Uber Alles?|
|Powerlist: Staffing Firms|
|Adidas reveals profit warning|
|Target appoints new CEO|
|U.S. economy grew by 4% in Q2|
|Twitter Q2 revenue surges|
|Pfizer results beat estimates|
|Study: Running reduces risk of death|
|Zillow to acquire Trulia for $3.5B|
Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.