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Maui Nix Owner on the State of Middle Class Shoppers, the Brand Landscape, and More
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American Apparel forges ahead with new stores despite cannibalization
American Apparel's rapid retail expansion is cannibalizing sales at older stores but the company has no plans to slow its expansion. During an earnings conference call Monday, the company said…
News May 13, 2013
Blitz brings Momentum Wheel Co. under its distribution umbrella
Blitz owner Per Welinder sent me this release on Friday announcing Momentum Wheel Co. has joined the Blitz family. For a more detailed update on Blitz, click here. Here is…
News May 13, 2013
West 49 posts solid topline results in Q1
West 49, a key Canadian action sports retailer, reported a 7.7 percent increase in same-store sales in its name sake West 49 stores in the first quarter ended May 2.…
News May 13, 2013
Fuel TV's CJ Olivares on live HD broadcasts online, the rise of podcasts and reaching 30 million homes
I had an interesting talk with Fuel TV General Manager CJ Olivares last week at the network's Los Angeles offices. CJ caught me up on what's new with the action…
News May 13, 2013
West 49 renews credit agreements
Press release: West 49 Inc. Renews Credit Facilities
News May 13, 2013CIT receives last-minute loan to avoid bankruptcy
CIT has received a $3 billion emergency loan from bond holders to help the troubled bank avoid bankruptcy, according to the New York Times. CIT is heavily involved in the…
News May 13, 2013
Surf Diva's Tihanyi sisters on business and the future
I run into twin sisters Coco and Izzy Tihanyi often at industry events and have wanted to find out more about their Surf Diva business. I finally connected with them,…
News May 13, 2013CIT receives remaining $1 billon of $3 billion loan
From the Associated Press: NEW YORK - Commercial lender CIT Group Inc., which is trying to avoid filing for bankruptcy protection, said Friday that it has received the remaining $1…
News May 13, 2013
New PacSun CEO to focus again on surf and skate brands, add more footwear
Talk of change was once again in the air during PacSun's second quarter earnings conference call with analysts Thursday afternoon. The call marked the first under the tenure of Gary…
News May 13, 2013
