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VF CEO Explains Dickies Sale, Elaborates on Vans, North Face Strategies
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Business lessons from the Gotcha era
I've been reading the new book about rise and fall of Gotcha and talking to Gotcha founders Joel Cooper and Michael Tomson about their experiences. The two became friends while…
News May 13, 2013Industry vets aiming up with Allyance
Johnny Monson has design chops. He worked at Gotcha during the glory years, helped build Rusty in America and Australia. The Blackhart Brotherhood, a design and marketing firm he co-founded…
News May 13, 2013Analyst lowers Q3 PacSun estimates Economy grows less than forecast in Q2
Concern about consumer spending led stock analyst Liz Pierce of Roth Capital Partners in Newport Beach to lower her third quarter 2008 and fiscal year 2009 earnings estimates for PacSun…
News May 13, 2013Vans and North Face help lift VF results
VF Corp. recorded strong second quarter results, beating earnings estimates despite the tough economic climate and rising costs. The company credited its business model, which includes diversity in brands, geographies…
News May 13, 2013Clothing sales weak at Zumiez in March
Zumiez recorded a 3 percent decline in same-store sales in March. Weak categories: men's and juniors clothing. Strong categories: skate hardgoods and boys. Comp store sales were down three out…
News May 13, 2013Vestal ramping up Vans watch line
I stopped by Vestal last week to find out more about its licensing group, whose latest partnership is with Vans. The licensing division accounts for 40 percent of Vestal's overall…
News May 13, 2013PacSun April results rise but Q1 down
Pacific Sunwear recorded a 4 percent increase in same store sales in April at its PacSun chain. But same-store sales for the quarter declined 1 percent which will impact profits,…
News May 13, 2013The Buckle kills it again led by denim
Nearly every other retail chain is feeling some pain from the tough economy. Not The Buckle. The company reported a 53.5 percent jump in first quarter profit yesterday. Sales increased…
News May 13, 2013Shoe sales bounce back in core stores
Cary Allington of ActionWatch sent me some interesting sales data for May. The ActionWatch same-stores sales report measures year-over-year sales at boardsport stores that were in the ActionWatch panel last…
News May 13, 2013