VF Corporation, the owner of Vans, Nautica, North Face, Reef and a whole lot of other brands released their results last week for the quarter ended June 30. They also held a conference call I listened to. They had a strong quarter and we’ll get to the numbers. Oh hell, let’s start with a summary […]
VF’s Quarter Ended June 30- Good Numbers, China, and Retail Strategy Read More »
I stole the chart below from Clusterstock (It’s not stealing if you confess, is it?) and wanted to share it with you. Look at the unemployment rate for our prime customers; the young workers aged 16-24. It’s close to 20% as of May. Now, if you’re in skate you go younger than 16 and if you’re in apparel,
How is Our Customers Buying Power? A Chart That Should Make You Think Read More »
Somewhere in the area of 75 AD the silver content of the Roman Denarius was about 100%. It was solid silver. Somewhere before 300 AD that content had fallen to around 10% or less. The value of the currency fell and the empire’s debt rose as Rome fell apart. I thought that was an interesting fact, so I
Jeff’s First Book Report (at least since the 10th grade) Read More »
Or Maybe Zumiez is Going to Buy Them Oh, and Billabong Bought RVCA Okay, Zumiez is Out of the Picture Anyway, This is All Really Interesting- and Related As you know, Billabong made an offer on June 30 to acquire the Canadian action sports retailer West 49. Only July 9th, Zumiez said
Billabong Acquiring West 49 Read More »