It was last December when A&F’s long time CEO was “resigned” by its board of directors. I posted a link last winter to an article about how that came to happen. Here’s that link. That’s not to say he had complete responsibility for what went wrong at A&F. But, as the article made clear, it’s […]
Another Industry Turnaround Continues; Abercrombie & Fitch’s Quarter Read More »
While I’m quite sure you should no longer be segmenting your customer group strictly by age, it’s still true that somewhere between a lot to many or even most of them are coming from the so called millennial generation. So what think and how they’re doing matters to us. For many of them, the Great
Why Are Millennials Still in the Basement? Read More »
For the quarter ended August 1, PacSun’s revenues fell 7.6% to $195.6 million from $211.7 million in the same quarter last year. Comparable store sales, including ecommerce, were down 6%. The gross margin fell from 29.1% to 25.8%. 1.1% of the gross margin decline was due to a decrease in their merchandise margin. 2.1% was
PacSun’s August 1 Quarter; Expense Cuts and Debt Restructuring Doesn’t Create Customers Read More »
By their standards, Zumiez didn’t have much of a quarter in the three months ended August 1. Revenue rose just 1.76% from $176.7 million in last year’s quarter to $179.8 million in this year’s. Net income fell from $7.46 to $3.21 million. Here what CEO Rick Brooks says happened. “For the second quarter and back-to-school
Zumiez’s Quarterly Report and Retail Market Conditions Read More »
What Great Brands Do by Denise Lee Yohn was published in 2014. I met Denise when I was in the San Diego area to make a speech and talk to a company about some consulting. Honestly, I don’t read business books as often as I used to (which explains why this page isn’t updated more
What Great Brands Do by Denise Lee Yohn Read More »
I’m kind of late writing about this, but Quiksilver inconveniently filed for bankruptcy right before I went on vacation and I was focused there. The headline is that Globe improved its performance. However, there isn’t much to analyze. Basically they tell us, “We did good and think we can do better.” Hope so. Anyway, here’s
Globe’s Results for the Year; Good, but What’s Going on in North America? Read More »
In the aftermath of Quik’s bankruptcy filing, the 10Q feels like an afterthought. Still, it’s worth a brief review. There was no conference call. Hell, what’s left to say? In the quarter ended July 31, revenues fell 11.1% to $336 million from $378 million in the same quarter last year. Gross margin didn’t do much
Quiksilver’s 10Q; Not Really a Surprise Read More »
As pretty much everybody knows, Quiksilver filed for Chapter 11 Bankruptcy on September 9th. This is another step in a long process that’s been going on for years now and that we’ve followed together on these pages and in other places. This will not be an explanation of bankruptcy or a discussion of why companies
Quiksilver’s Bankruptcy Filing: And the Beat Goes On Read More »
A reader forwarded this article, published in Australia, to me. I thought it had some good information. I’m particularly intrigued by the short discussion about how Quiksilver and Billabong will or will not be combined or work together. Here’s the link.
Article on Quiksilver Bankruptcy Filing Read More »
What exactly is a Chapter 11 bankruptcy filing and how does the process work? A Chapter 11 is a “reorganization” bankruptcy. That is, it is filed with the assumption that the filer will use the protection of the court to reorganize its finances so that it can continue as a going concern. That doesn’t always
What’s “Bankruptcy” and How Does it Work? Read More »