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Details about layoffs at Quiksilver and DC today
As part of its quest to reduce spending by $40 million to $60 million annually, Quiksilver laid off a total of 125 people today and yesterday at Quiksilver headquarters in…
News May 13, 2013
Thank you! Executive Edition turns 1
A year ago today we launched Executive Edition, our paid subscription service for our more in-depth stories with original reporting. We weren’t sure what to expect when we launched. Lots…
News May 13, 2013
November weaker than expected for some stores
November sales were weaker than expected for many retailers. While several companies said sales over Thanksgiving weekend were strong, sales during the first three weeks of November were weaker than…
News May 13, 2013
Brands find a way to throw holiday parties despite cost cuts
Tis’ the season for holiday parties and during this recession, I wanted to know if action sports companies were continuing to throw out the tinsel, or scaling back on festivities…
News May 13, 2013
La Jolla adds a brand to its portfolio
The La Jolla Group has obtained the master license for streetwear brand True Love and False Idols. The move is part of the company’s diversification strategy and a way to…
News May 13, 2013
Report from SIA on new venue, reaction, drop in Calif attendance
Denver and Colorado rolled out the red carpet for the SIA tradeshow yesterday. Politicians, local media and the convention bureau pulled out all the stops to make the show feel…
News May 13, 2013
PT reports on Kelly Slater 3D movie premiere
SLATER GOES BIG! Monday night in L.A., the California Science Center Kelly Slater went big -- and I mean big -- as the premiere of “The Ultimate Wave Tahiti 3D”…
News May 13, 2013
Globe CEO on making profit in a downturn
I spoke with Globe International Limited CEO Matt Hill Sunday about the company’s half-year earnings results. Globe is based in Australia and reports earnings every six months. In addition to…
News May 13, 2013
Quik says results better than expected
A quick summary of Quiksilver’s results for the first quarter ended Jan. 31. We’ll have more details later from the conference call. Total revenue: down 2% to $432.7 million Net…
News May 13, 2013
