I’ve talked before about brands becoming retailers and retailers becoming brands. There’s a lot of uncertainty as to what that would mean and how it would cause the market to evolve. I’ve also said that the best retailers make the brands they carry credible- not the other way around. That’s true, but I don’t think I completely […]
I have been writing recently about organizational dynamics, changing CEOs, and the situational authority you have when you walk into a turnaround. My own experience is that when things suck and you walk in as the new guy, it’s really liberating because you can try anything. About five weeks ago, Skull’s founder Rick Alden returned as […]
Using Quik’s recent changes as an excuse, I wrote a week or so ago about the dynamics of organizational change in companies experiencing new business environments. You can see that article here. Now, Quik has come out with their 10Q for the quarter ended January 31, 2013 and held a conference call. A lot of what they said […]
Deckers, the owner of UGG and Teva as well as Sanuk, filed their 10K annual report with the SEC and I’ve been through it. As you may remember, Deckers bought Sanuk on July 1, 2011 so the year ended December 31, 2012 is the first complete year with Sanuk included. For the year, revenue rose 2.8% […]
Globe filed its financial results for the six months ended December 31, 2012 on February 28th. There’s not a lot of information, but I thought it was worth a brief look. The headline is that sales rose 3.8% from $42.3 million to $43.9 million. Those numbers are in Australian Dollars as are all the numbers in […]
VF filed its 10K annual report with the SEC three days ago, so I’ve been able to get a more complete picture of their performance for the year and quarter. You can see that report here. As you probably know, VF is a large consumer conglomerate that owns 30 brands including Vans, The North Face, Reef and […]
On Monday, The Editors at Boardistan, posted a still evolving story about cuts to Quiksilver’s team rider programs. Here’s a link to the post. As Boardistan points out, at that time there had been no official announcement from Quik, so we didn’t know the extent of the changes. They then make the insightful comment that “…Hollister doesn’t […]
I listened to Billabong’s conference call yesterday and have spent part of last evening and this morning going over the detailed financial reports. I lead an exciting life. There’s a lot going on at Billabong, and I want to start with an overview before we get to the financial nuts and bolts. All numbers are in Australian Dollars. […]
Over the years I’ve had a lot (some would say way too much) to say about Trade Shows. I’ve suggested there were too many, that they were too expensive, that the internet made them less necessary, that they’d lost focus, weren’t efficient, and that the way product was sold into broader distribution made them less important. […]
When a smaller company in our industry is acquired by a conglomerate, it often becomes difficult to follow how the acquired company is doing because the conglomerate isn’t required to release any details on that company’s performance. Think Reef after it was acquired by VF (though I imagine we might have heard more if Reef had […]
