This is kind of fun. As you’re aware, TPG Capital offered to buy all of Billabong for $3 a share before the Nixon deal and other steps were announced. Billabong said no because the deal was contingent on too many things and they needed an immediate, certain solution to their short term balance sheet issue. But now, even […]
Update on Billabong: The TPG Offer Read More »
With last Thursday’s announcement, Billabong has moved to address its balance sheet issues. But, to paraphrase one of the analysts in the conference call, "This is all well and good, but how do we know we won’t be discussing the same issue a year from now?" Let’s look at the steps Billabong took and its half
Billabong’s Announcement: Short Term Solution, Longer Term Question. Read More »
Sometime late afternoon West Coast time, Billabong is going to release their half yearly numbers and have a conference call on those results. In the meantime, as most of you may know, trading on their stock has been suspended pending an announcement. That announcement may have something to do with this article stating that Billabong has received
Billabong’s Upcoming Half Year Report and Their Choices Read More »
It was nice to walk to the Snow Show the second day when it was actually snowing. I think I’m completely acclimated to Denver, though I do miss playing blackjack with friends. And I still get confused when one of the people who works at the convention center says, "How are you today, sir? Have a
Notes on SIA’s Denver Show and Thoughts on the Trade Show Slog Read More »
Back in December, Quiksilver released its annual and quarterly earnings and held a conference call. I did the best analysis I could, but bitched and moaned because I didn’t have the complete 10K or the balance sheet. You can see that analysis here. Last week, the company issued its 10K. I’m not going to redo the analysis I
Interesting Stuff from Quiksilver’s 10K Annual Report Read More »
Among the things I liked at Agenda, the one I liked the most was Shmooza Palooza, the jobs fair jointly sponsored by Agenda and Malakye.com. 500 people preregistered for it and it was busy every time I looked in. It’s great to sell a few more T-shirts or another snowboard, but it’s even better to help
It’s Tradeshow’s Season. I Started with Agenda, But I’m also Thinking About SIA. Read More »
My last article, “Do Retailers Really Need to Carry All That Inventory?” garnered quite a response. One of those responses was a link to an article about a brand called Nau. Their web site is here. The link to the article is here. The article was written back in 2007 and the brand is still around and, judging
Follow-up on my Last Article; the Nau Example Read More »
I suppose that seems like a stupid question. But having just been through another Christmas shopping (and return) season, I’m not so sure it is. I’ve shopped on line. I’ve been to too many malls too often (I confess it- I hate shopping). In those malls I saw way too much product on sale at way larger discounts than
Do Retailers Really Need to Carry All That Inventory? Read More »
Billabong’s announcement about sales trends since the end of October and the actions it’s taking may portend issues for other companies as well as for Billabong. Let’s take a look at what they announced, what actions they are taking, how they found themselves in this position, and how it relates to the global economic environment. Here’s
Billabong Reports Deteriorating Sales Growth Trend; The Strategy or the Economy? Read More »
I’m going to work without my usual net of an SEC filing this time. That’s because year-end 10Ks always take a long time to come out, and I don’t want to wait that long to look at Quik’s results. I’ll review the 10K when it does show up. Right now, we’ll go with the press release and conference
Quik’s October 31st Quarter and Full Year Read More »