Latest In: Financial News

Hollister growing despite weak

Hollister growing despite weak economy

I'm catching up on the Abercrombie & Fitch first quarter earnings conference call from last week. The overall…

News May 13, 2013
Board shorts at a Bora Bora store in Puerto Rico.

How surf brands stack up in tough economy

Some news reports out there have said that surf apparel as a sector is struggling. I thought it…

News May 13, 2013
Adrenalina ups bid - PacSun

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.…

News May 13, 2013
Moody's downgrades

Moody's downgrades Quiksilver's credit ratings

Some tough news for Quiksilver this morning. Here's the Associated Press story about the company's credit rating being…

News May 13, 2013
PacSun CEO Sally Frame Kasaks

More details on Tom Kennedy's resignation from PacSun

A few more details emerged yesterday about the departure of PacSun division President Tom Kennedy during a Pacific…

News May 13, 2013
December comps for national

December comps for national chains grim for most

Updated at 10:19 with ICSC results, at the bottom of this post. National retailers released comp sale numbers…

News May 13, 2013

Quiksilver executives take pay cut

The Quiksilver board of directors approved a pay cut for top company executives last week, according to a…

News May 13, 2013

WSJ story worth reading about impact of huge discounts at Saks

The Wall Street Journal has a front page story today that examines the ramifications of Saks Fifth Avenue's…

News May 13, 2013
Volcom records tough Q4

Volcom records tough Q4, expects double-digit sales declines for Q1

Volcom CEO Richard Woolcott described Volcom's fourth quarter results as "not acceptable" on a conference call today as…

News May 13, 2013

Quik shows a sharp Q1 decline and forecasts mid-teen drop in Q2

Quiksilver's Q1 09 results show a $9 million loss and an 11 percent drop in revenue compared to…

News May 13, 2013
Signs of stability in retail

Signs of stability in retail sales and port volume data

Have we reached a bottom in the global economic downturn? A few signs indicate the answer is "maybe."…

Executive Edition May 13, 2013
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series