If you haven’t noticed, I’ve been working to not just report the numbers (it’s hard to grab readers attention with the drama of a changing current ratio) but to draw some larger business lessons from company reports and make us all think about the issues. You can think I’m wrong, or you can think I’m right […]
Quiksilver’s 10K: It’s Results for the Year and Some Issues of Strategy Read More »
I’ve been holding on to this article on Crocs for a while mostly because I just didn’t have time to do anything with it. What it says is that Crocs is looking to go private because it’s just not as cool as it was. Currently, it’s traded under the symbol CROX on the NASDAQ and
Why Crocs Might Go Private Read More »
For many of us, “action sports” doesn’t really describe our target market anymore. We struggle (or at least I struggle) with words like “youth culture” or “fashion” or “outdoor” to describe it. None of them work very well. They are all correct, but not adequate or complete. Maybe Zumiez has helped me figure out why. During the conference
Does it Matter What Industry We Think We’re In? Zumiez’s Quarter Read More »
At the annual meeting on December 10, Billabong’s Chairman, Ian Pollard, and new CEO Neil Fiske talked to shareholders. Ian talked about what the last year plus had been like and Neil outlined his ideas and strategies for Billabong going forward. You can see their presentations here if you want to. At the moment, it’s the first item
Billabong: Light at the End of the Tunnel Read More »
I have been writing for a while now, without having a really good answer, about just what market we are in as action sports doesn’t, for most of our companies, adequately describe the customer base or competitive environment. Outdoor, youth culture, fashion are all words bandied about to describe it. It’s probably some of all of those.
PacSun’s Quarter: The Transition Continues Read More »
Okay, so really short article. I don’t have much to say. One could say I’m speechless. Anyway, here’s the link to the press release announcing the appointment. If you want more info, here’s another link where you can find additional information and listen to this morning’s conference call. Laurent, as you know, spent a lot of years at Burton Snowboards
Lululemon Appoints Laurent Potdevin as New CEO; Founder Chip Wilson Steps Down. Read More »
On November 12, Intrawest Resort Holdings, Inc. filed the first draft of a form S1 with the SEC for an initial public offering. Like all first drafts, there’s some significant information missing, including the proposed price of the stock and how much they want to raise. But at 400 pages as a PDF, there’s also a lot
Intrawest Files for Initial Public Offering. Will it Happen? Read More »
On November 26, when Quik announced that LF USA (a subsidiary of Hong Kong headquartered Li & Fung, a multinational consumer goods sourcing, logistics and distribution group) would “…design, manufacture and market children’s apparel bearing the Quiksilver and DC brand trademarks in the Americas…” I tried to ignore it. It was a short press release and, on
Quiksilver’s Decision to License Children’s Apparel Read More »
For some reason, following the November 7th sale of Mervin, Quiksilver had to file an 8K that showed Quik’s proforma financial statements as if the sale of Mervin had already occurred. To do that, Quik shows us the adjustments they have to make to represent their balance sheet as if Mervin had been sold at the
Some Additional Financial Information on Mervin Read More »
So I guess I’ll start by telling you what Deckers says about Sanuk. In the 10Q for the quarter ended March 31, 2013 they provide this Sanuk Brand Overview (page 17). I’ve highlighted the phrase I want you to pay attention to. “The Sanuk brand was founded 15 years ago, and from its origins in the Southern
How’s Sanuk Doing? Decker’s Quarterly Results Read More »