It’s interesting to review this recently released 10-Q, as it discusses VF before the recent announcement that they will spin off the jeans business as a separate public company. With hindsight, you can see how their strategy would lead to that decision. I’ll also outline the company’s change in their business segments and, of course,
Strategy, Housekeeping and the Numbers: VF’s June 30 quarter. Read More »
Yesterday, VF Corporation, owner of Vans, Reef, The North Face and a lot of other brands announced that it was spinning off its jean business (it owns Lee and Wranglers) into a separate public company with 100% of shares to be distributed to existing VF shareholders. It also announced that VF would be moving its
VF to Spin Off Denim Business as Separate Public Company Read More »
Regular readers know I’ve had a pretty strong and, I hope, consistent opinion about how retail is evolving and what retailers/brands in our industry need to do. Most recently, I wrote about it here. It’s occurred to me that I should look at some new industry related companies to see how they are doing and
Big 5 Sporting Goods July 1 Quarter; Are They Addressing the Retailer’s Challenge? Read More »
I don’t think brick and mortar is going away. I doubt many of you think it is either. I do believe that consolidation and transformation of the space has a way to go and I further believe it will reach its climax when (not if) the next recession hits. I know this sounds kind of
How Brick and Mortar Retail Has to Change Read More »
Mary Meeker is a venture capitalist focusing on the internet and new technologies. She’s a partner at the VC firm of Kleiner Perkins Caufield & Byers. Every year, Mary offers up her Internet Trends report in the form of slides. This year, it’s 294 slides long, but I’m asking you not to be put off
Quality Information on the Internet and Ecommerce Read More »
I see no reason to spend time explaining what’s going on at Zumiez when CEO Rick Brooks has done me the favor of laying it out in his introductory conference call remarks. Read them, then I’ll offer short discussions. “Our top priority is to stay consistent and relevant with our customers in order to expand
A Look at Zumiez’s April 29 Quarter: I Take the Lazy Approach Read More »
For the year and quarter ended March 31, Deckers improved its results as discussed below. Related to that improvement is the progress of its restructuring and operating profit improvement plans. As we review these results, we’ll see that Deckers is confronting the same issues other brands/retailers are confronting as the internet changes the role of
Deckers’ Results for the Year; Sanuk Continues in Cleanup Mode Read More »
I’ve been opinionating for some time now that careful control of distribution was a requirement of brand building in a world of products very similar to competitors. I’ve further said that it might be a good idea to give up some sales and build the bottom line at some expense to the top line. I’m
Defying Gravity: VF’s Quarter and Van’s Results Read More »
I want to introduce you to a web site I subscribe to called Wolf Street. It’s free and you can sign up for emails if you want. Here’s the link the chart below comes from. You don’t have to read Wolf’s article to follow what I’m discussing, but you might take a look at it.
Retail Jobs, the Internet, and the Role of Customer Service Read More »
The Buckle ended its February 3rd fiscal year with 457 retail stores and expects to end the current year with the same number. These days, that may be exactly the right decision; the days of open more stores, automatically earn more money, are gone. So what’s the strategy? Over three years, revenues have fallen from