Genesco, the owner of Journey’s, reported its results for the quarter and year ended January 10th in early March. A couple of days later they made an investor presentation that discussed these results. I’ll talk briefly about their numbers, but what really caught my attention was their discussion of the retail environment and their retail strategy. Genesco […]
Genesco’s Take on The Retail Business Read More »
Billabong released its numbers for the six month ended December 31, 2009 last week and held a conference call. Though clearly not immune to a tough economy, the company’s raising of capital to strengthen the balance sheet, long term focus on brand equity, willingness to lose some sales rather than become too promotional, realism as to
Billabong’s Semi-Annual Report Read More »
As they do every ASR, IASC and BRA hosted a round table meeting by invitation only to discuss issues of mutual interest and, as usual, I attended. The meeting was well attended and the exchange lively. The first issue on the table was Manufacturers’ Suggested Retail Pricing (MSRP) and Minimum Advertised Pricing (MAP). I’ll assume you know
The BRA/IASC Roundtable at ASR Read More »
The beer is a lot cheaper in Denver, assuming you don’t actually consider the beers they handed you at the gambling tables in Vegas to be free. The hotels are more expensive and getting to said hotels from the airport takes longer. Most of the people I talked with (by no means a scientific sample) would
Notes From the SIA Show in Vegas, Uh, I Mean Denver Read More »
In the middle of December, when Quik came out with its quarterly and fiscal year results and held aconference call, I pretty much ignored it. I glanced at the release and read the conference call transcript, but I had no idea how to evaluate the results of a company that was highly leveraged without a
Quiksilver’s Annual Report Read More »
You can go here http://www.bls.gov/news.release/ecopro.nr0.htm to see the report. If it does help you sleep, it will probably give you nightmares. You can see in the first line of the report, released last Thursday, that they expect total employment "…to increase by 15.3 million, or 10.1 percent, during the 2008-18 period…" Now, that may sound encouraging, but
In Case You Have Trouble Sleeping: A Report from the Bureau of Labor Statistics Read More »
It’s a nice leather chair. I’ve had it less than two years. So I wasn’t happy when it started tilting side to side as much as it rocked from front to back. It felt like it was going to leave me on the floor any day and, besides, it was practically making me seasick. The nice people
My Office Chair, Customer Service, and Expense Control Read More »
For the quarter ended October 31, Aeropostale reported sales up almost 18% to $568 million. For nine months, they rose almost 20% to $1.43 billion. Gross profit margin in the quarter rose from 36% in the same quarter last year to 39.3%. For nine months, it was up from 34.4% to 37.5%. Selling, general and
Aeropostale; the Power of Good Systems and the Right Market Position Read More »
Hot Topic has reported their results for the quarter ended October 31 and their sales for the month of November. Their sales were down some for the quarter and more in November, but they continued to make money in the quarter and their balance is very strong. But I don’t want to crunch their numbers. I do
Hot Topic: A Competitive Strategy We Should Be Thinking About Read More »
A couple of weeks ago, I was paging through Transworld Snowboarding’s Gear Guide, and I came upon the page on alternative camber. I read it with interest to try and keep with the latest technological trends, but paused when I saw the illustration of the cambered medley snowboard. Something about the cross section of the board,
Alternative Camber; An Idea Who’s Time has Come- Again Read More »