I thought I’d wait until I commented because I was hoping for some more details from Amer Sports. I asked them, but all I got was the comment you’ve seen from their interim report published on April 23rd. “In March, Amer Sports divested Nikita and Bonfire brands to CRN Pte Ltd. The combined net sales
The Amer Sports Sale of Bonfire and Nikita Read More »
We are all aware that Nike releases smaller quantities of limited production sneakers that are sold at pretty typical retail prices then resold for big markups. The interesting question is why Nike doesn’t price them higher and take at least some of that retail profit for themselves. The guy profiled in this article called You
The Sneaker Resale Market: Should Nike Maximize Its Profit? Read More »
The Board Press published a really good interview with Ultimate Distribution founder Kevin Harris. It’s his description of what he learned visiting 55 skate shops in Western Canada. I didn’t know there were 55 skate shops in Western Canada. Kevin’s description of what he learned reminds us, or at least reminds me, is how important
What’s It Like Out There in the Real Skateboarding World? Read More »
Well, as you know, A&F is having some troubles. You may recall that they fired their long time CEO late last year and have retained seven new board of director members and two new brand presidents, all with significant retail experience. They are in the process of finding a new CEO. If you want to
It’s always the same conversation around PacSun. They are doing a lot of things right, and you see progress in the income statement (though there’s still a net loss). But you worry about the turnaround advancing far enough and fast enough before liquidity becomes an issue. As usual, we’ll dive into the financials, but I
PacSun’s Results for the Year; The Good and the Bad Read More »
A reader sent me the article below that was published in the Australian on March 12th. I’d love to just provide you with a link, but The Australian would want you to sign up for an account and pay them money. I don’t blame them, but I doubt you’re going to do it and I
Some Insight from Rip Curl Read More »
Zumiez ended its fiscal year on January 31st with 603 stores; 550 in the U.S., 35 in Canada and 18 in Europe. How many stores do they expect to ultimately have? In the past, they’ve opined that 600 to 700 might be about the limit in the U.S. Obviously, they’ve got some head room in
Zumiez’s Annual Report and Their Approach to the Omni Channel Read More »
It figures. Over the weekend I finished up a long article for SAM (Ski Area Management) on winter resorts generating summer revenue. I think it included some interesting approaches to the issue, but apparently I missed one. Today Vail Resorts announced that it’s acquiring Perisher Ski Resort in New South Wales, Australia. Here’s the link
Vail Figures Out How to Generate Summer Revenue During the Winter Read More »
I’m assuming you’ve all seen the Quiksilver press release. Andy Mooney “…is no longer with the company.” President Pierre Agnes, the President has been promoted to CEO. Bob McKnight has returned as Chairman of the Board and APAC region president Greg Healy is now President of Quik. Former CFO Richard Shields has resigned, but will
Changes at Quiksilver Read More »
At the risk of sounding like a broken record….oh, damn, do I need to explain that outdated cultural reference? You see, back in the day when there was something called a record…never mind. Anyway, I’ve said this a lot. It can be hard to do the right thing for the brand and still meet the
Quiksilver’s Quarter: Right for its Brands, Hard for a Public Company? Read More »