For many years, we have repeated that the direct-to-consumer channel is growing and capturing a larger share of our customers' wallet.

We have built brands that resonate deeply with our customers. Our strategy to grow these brands is clear, and we have strong teams in place to execute this strategy. That is our formula for success.

Like Free People, the Urban brand is planning to grow by expanding product assortments, expanding the brand reach and by improved marketing.

Going forward, we are mindful of the challenges we face in the competitive retail landscape, but we have demonstrated that our concept of building compelling brands that focus on the customers' lifestyles can produce superior results. We will not waver from that concept.

I know friends who have this sort of incredibly intimate relationship with their sibling. And I don't get it: it wasn't like that in my family. In some ways, I'm envious, because they have someone that's so completely in their corner. And at the same time, I imagine it may at times feel like it's stunting.

The ugly truth is it's the spineless parents who parade their undisciplined children around like royalty that make people dislike kids.

My family are big philanthropists, but not at putting big money into sport. Today sport is professional. It has to support itself or it won't exist. It cannot depend on a few wealthy people making donations.

I think I'm a much better father as an older man than I was with my first kids. Occasionally, I have to yell at the little guys, but they don't take me seriously. 'Listen to the old guy,' they say. 'Isn't he great? He's mad.'