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Billabong cuts forecast due to soft consumer spending in U.S. and elsewhere

Billabong cuts forecast due to soft consumer spending in U.S. and elsewhere

Billabong has cut its forecast for the 2008-09 financial year citing softness at the wholesale and retail level, particularly in the U.S. The company said it is trying to avoid…

News May 13, 2013
O'Neill confirms it is staying with ASR

O'Neill confirms it is staying with ASR

I caught up with Toby Bost, CEO of O'Neill Clothing, to talk about ASR and trade shows, following the decision by Quiksilver to skip the January ASR show. O'Neill and…

News May 13, 2013
More about the changes at Allyance

More about the changes at Allyance

After hearing that the players have changed at Allyance, I checked in with VP of Sales Jason Bergman and asked him some follow-up questions. Allyance has split ways with the…

News May 13, 2013
More changes at Quiksilver

More changes at Quiksilver

Quiksilver eliminated the job of Carol Christopherson, the president of Quiksilver's Roxy division, and she has left the company. Quiksilver sent a memo to its employees yesterday outlining changes in…

News May 13, 2013
PacSun will trim its inventory and lay off more workers

PacSun will trim its inventory and lay off more workers

Pacific Sunwear announced today that it is trimming inventory levels by at least 20 percent throughout the chain and eliminating 11 percent of its workforce by cutting 57 positions in…

News May 13, 2013
Sport Chalet results paint bleak picture for industry retailer

Sport Chalet results paint bleak picture for industry retailer

Sport Chalet total sales declined 10 percent to $104.6 million in the quarter ended Dec. 28, and same-store sales fell 15.4 percent, the company said in results released yesterday that…

News May 13, 2013
Nordstrom planning double-digit drop in 2009 same-store sales

Nordstrom planning double-digit drop in 2009 same-store sales

Nordstrom, an important customer of action sports brands, hosted an earnings conference call for investors yesterday that included some interesting information about how Nordstrom is expecting 2009 to shake out.…

News May 13, 2013
What Moody's thinks about Quiksilver, and why

What Moody's thinks about Quiksilver, and why

Moody's Investor Services includes Quiksilver among nearly 300 U.S. companies in its first quarterly "bottom rung" report. We took a closer look at the report, and called Moody's analyst Scott…

News May 13, 2013
Factor54 lands key reps, plus other updates

Factor54 lands key reps, plus other updates

The climate may be gloomy out there, but Factor54 partners Todd Miller and Ted Wueste are excited about several developments for their young brand. I talked to Ted last week…

News May 13, 2013
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series