The Amazon Effect is given a lot of blame for the lousy and, some say, deteriorating retail environment. I gather it was a topic of conversation at the recently completed Surf Industry Summit at Cabo.
Let’s Not Just Blame Amazon Read More »
Skull’s loss for the quarter ended March 31 rose 27.9% from $3.7 to $4.9 million. Sales rose just 1.4% to $46.3 million while the gross profit margin dropped from 40.9% in last year’s quarter to 37.5% in this year’s. The pretax loss rose 50% from $4.6 to $6.9 million. The balance sheet remains as strong
The News is Good, But the Loss is Higher? Skullcandy’s March 31 Quarter Read More »
So there I was sitting in the conference room of the Embassy Suites for day one of the IASC Skateboarding Summit waiting for the dreaded retailer panel to start. You all know the panel I mean. They have one at every industry trade show and conference I’ve ever been to. Three or four retailers sit
IASC Skateboarding Summit – Have We Found a More Valuable Way to Talk With Each Other? Read More »
It has been an element of faith that the days of print advertising were ending and we’d all be making our advertising and promotion buys online. I still expect print to be in a long term decline, but I just read a pretty persuasive article that talks about the decline of online advertising and the
Online Advertising: Is the Bubble Bursting? Read More »
GoPro released the 10-Q for their quarter ended March 31st last Thursday. The company’s net income dropped from a profit of $16.8 million in last year’s quarter to a loss of $107.5 million in this year’s. The balance sheet remains very solid, though not quite as solid as a year ago. We’ll have our usual
GoPro’s Quarterly Results: They Have to Create Other Revenue Sources. How? Read More »
On April 24th, the Seattle Times ran an article called “Amazon’s Imitation Game.” It starts by describing how Amazon has knocked off an aluminum laptop stand by Rain Design that had been selling on Amazon for 10 years at a price of $43.00. Amazon started selling a similar product last July for around half that
Amazon, the Omnichannel, and the Impact of Retailers’ Brick and Mortar Legacy Read More »
The Wall Street Journal had an article this morning on how many locations certain department stores needed to close if they wanted to get their sales per square foot back to 2006 levels. While they may not (mostly) be the retailers we (hopefully) expect to sell to, the discussion of the dynamics leading to the
More Declines in Department Store Locations? Read More »
Somehow, I didn’t see Skull’s 10-K with their results for the December 31, 2015 year when it came out and then I found myself busy with a couple of clients. But it’s not so much that I want to give you a deep dive on the financials, but that I want to talk about their
Skullcandy’s Strategic Positioning and Annual Results Read More »
Moss-Adams Capital is the mergers and acquisitions, capital raising, strategic advising arm of Moss-Adams LLC, which does accounting, wealth management and taxes. As you may be aware, they’ve been pretty active in our industry, whatever industry we’re now in. For some time, they’ve published a report that provides information on which deals have been recently
Some Numbers on Online Retail and Perspective on the Teen Market Read More »
Nobody who’s followed PacSun or my analysis of it was very surprised by yesterday morning’s filing of a Chapter 11 bankruptcy. We’ve had a number of retail bankruptcies and I expect more. Somebody suggested to me that the filing might occur around this time because their 10-K with audited financials would be due to be
The PacSun Bankruptcy Read More »