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Adrenalina ups bid – PacSun rejects it
Adrenalina raised its bid from $4.50 to $5.00 for PacSun today. The move was quickly rejected by PacSun. Here are the releases: Adrenalina Raises Offer for Pacific Sunwear to $5.00…
News May 13, 2013Dac Clark on Rusty lawsuit, new opportunities and more
I ran into Donald Clark, best known as Dac, of C&C Companies recently when I was visiting Sanuk executives, and decided to follow up with him and ask a few…
News May 13, 2013RVCA moving into former Paul Frank space…
RVCA is expanding its headquarters and moving into the old Paul Frank offices in Costa Mesa. The 70,000-square-foot building is significantly larger than RVCA's current spaces - a 15,000-square-foot office…
News May 13, 2013Billabong 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, 2013O'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, 2013More 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, 2013More 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, 2013PacSun 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, 2013Sport 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