When a brand said, “We’re just going to open a few flag ship stores to build the brand image and collect some good consumer information,” I was okay with that. Made sense. When it said, “We’re just going to open a few outlet stores to keep stuff that didn’t sell well out of the wrong […]
The Post Recession Role of Company Stores Read More »
I grew up spending all my summers on Long Beach Island, New Jersey. That’s where I learned to surf. And just before anybody makes the comment yes, the surf is generally lousy and for anything really good we have to pray for hurricanes and a change in the prevailing south winds. We still have a family beach
A Tale of Two Surf Shops. Kind Of. Read More »
I’m supposed to crunch a bunch of numbers when I do these things, but first I’d like to highlight Billabong’s Operating Principles from its Corporate Governance Statement. There are eight of them and they are: 1. Lay solid foundations for management and oversight. 2. Structure the board to add value. 3. Promote ethical and responsible decision
Billabong’s Annual Report for Year Ended June 30, 2008 Read More »
Volcom filed their 10Q in the last couple of days. There’s some good news here, though of course Volcom’s income statement for the quarter and six months reflects the impact of the recession. And the issue of how to manage their PacSun business is an interesting one. Let’s start with the balance sheet. The filing includes balance sheets
Volcom’s Quarter Ended June 30, 2009 Read More »
If you read this http://www.nbcnewyork.com/blogs/the-thread/Swimsuit-Vending-Machines-to-be-Stocked-in-Hotel-52089002.html you’ll see that Quik has partnered with Standard Hotels to sell cobranded swim suits at boutiques and poolside vending machines for $75 a pair. I’m not writing this to express an opinion (though I’m usually not loathe to do that) but just to let you know it’s happening and to
Boardshorts from a Vending Machine Read More »