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Japanese economy shows signs of slowing, Australian retail sales soften
Economists are watching Japan closely after the country's unemployment rate rose and household spending fell in June. The jobless rate rose to 4.1 percent, the highest level in nearly two…
News May 13, 2013Volcom earnings coming later today
Volcom releases fourth quarter and year end results this afternoon. I'll listen to the conference call and post a story later today. Here's a previous Volcom press release that forecast…
News May 13, 2013Update: PSun may keep some shoe brands
Since I posted my story this morning that mentioned PacSun told brand executives in January that it is dropping closed toe shoes, two high-placed executives at skateboard shoe brands told…
News May 13, 2013PacSun looking to cultivate young brands
PacSun is refining its strategy of doing business with young brands, company executives said yesterday on a conference call with analysts. Previously, if a young brand had good sell-through on…
News May 13, 2013More foreign retail competition on the way
The Wall Street Journal has an interesting story today about international retailers taking advantage of the weak dollar and anxious landlords to expand aggressively in the U.S. We all know…
News May 13, 2013Jack's to open in Irvine in late summer
Jack's Surfboards is poised to open its first off-beach location - in Irvine - at the end of summer, Jack's co-owner Jamal Abdelmuti told me yesterday. The new store will…
News May 13, 2013The Buckle picks up O’Quinn Clothing
O'Quinn continues to pick up big accounts for a young brand, including a 50-store order from The Buckle, O'Quinn said. Bloomingdale's also added O'Quinn to a few stores on the…
News May 13, 2013Details from Volcom conference call
I'm catching up on this one from Puerto Rico. The biggest news from the conference call was that Volcom had a great quarter despite the tough environment. The company said…
News May 13, 2013Kmart to launch surf and skate line
According to DNR's Web site, Kmart will launch a surf and skate clothing line this summer. Kmart is the latest big box discount chain to jump into action sports. Wal-Mart…
News May 13, 2013