9Five Eyewear is now on the try it before you buy it program with their new Home Try On. Choose up to six different frames from their website and then you’ll have seven days to sort them out, keep the frames you want and send the rest back in a provided mailer. Shopping from home really is getting better and better.
[Link: 9Five Eyewear]
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The Agenda Trade Show is proud to announce that their Long Beach, California show has received a glowing endorsement from the Board Retailers Association to help in the fight to support independent retailers.
“Supporting the independent retailers is at the core of the AGENDA business model. It’s a natural Supporting the independent retailers is at the core of the AGENDA business model. It’s a natural collaboration for AGENDA and BRA to unite for the greater good of our Industry,” says Mike Carter, VP Sales and Marketing. “The relationship will give us the opportunity to further focus on the needs of the independent retailers and brands.”
For the official word on this endorsement and all around working togetherness follow the jump. [click to continue…]
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If you haven’t registered for Agenda NYC next week (July 10-11, 2013) there is still time. Click the link and follow the instructions on get on it. There’s no better time in the City than Agenda.
[Link: Agenda Show]
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More bad news for Billabong? Is that possible? According to a story in The Australian, it is.
Following this week’s moves by the company to reassure investors that its refinancing plans were progressing, reports have emerged that HSBC and Commonwealth Bank have offloaded about $85 million worth of Billabong’s debt. . . The surprise sales are understood to have occurred at prices 15 per cent to 20 per cent lower than the debt’s face value, with the buyers understood to include illiquid asset specialist Hong Kong-based SC Lowy and Bank of America Merrill Lynch, an existing member of the lending syndicate.
So wait, you’re saying the smart money is leaving Billabong?
[Link: The Australian]
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The Brothers Marshall are continuing to add a little freshness to the stale surf fashion world with their First Point Malibu Summer Lookbook. Our favorite shirt? “Cali Hoale From The Valley.” What else? Brothers Marshall fine surf clothing is available at finer surf boutiques up and down the coast. Look for it.
[Link: Brothers Marshall]
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Billabong’s potential sale of RVCA, Element, or Dakine apparently has investors feeling more positive about the company according to a story on Bloomberg.com.
Shares in the company, which has breached debt repayment terms, surged as much as 35 percent following the statement to the Australian stock exchange and were 31 percent higher at 17 Australian cents at 2:49 p.m. in Sydney.
It’s sad when a 30 percent “surge” takes a stock to 17 cents, but good news is good news. The cause of the surge was a company update (which you can read after the jump) in which Billabong said that it has “entered into separate discussions with Altamont Capital Partners and Sycamore Partners regarding proposals presented to the Company for alternative refinancing and asset sale transactions.”
Guess the big question now is who will get what? [click to continue…]
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Volcom is taking some tips from parent company Kering and is putting out some footwear that looks nothing like sister company Puma’s offerings. Here is their justification for those who have forgotten what Volcom is all about:
Volcom is a “modern-lifestyle” brand that embodies the creative spirit of youth culture. Our dedication to creating amazing footwear that compliments and completes our apparel and accessory collections affirms Volcom’s ultimate goal, which is to provide high-quality lifestyle-enhancing product to people that share our passion for art, music, film and riding. Volcom was founded on liberation, innovation and experimentation while remaining focused on breaking-down established traditions.
Those are some “youth against establishment” boots if we’ve ever seen them.
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Founding Nixon Canadian sales team member Brian White has been named to the position of Director of North American Wholesale Sales at Nixon where he will oversee the company’s US and Canadian wholesale sales and report to Mike Hoefer.
“This is a unique and exciting time,” stated White. “I feel it’s the perfect opportunity for me to impact the Nixon business with their very talented team. I am excited to learn from their expertise and help optimize the performance of the inside and outside sales teams. As one of the founding sales reps of the brand, I have experienced Nixon’s successes and feel the best years are to come.”
Congrats, Brian! For the official word from Nixon, follow the jump. [click to continue…]
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When Kate Spade decided to launch a new low-end clothing line called Saturday, NYC-based surf boutique Saturdays Surf NYC decided they’d take the company to court, according to a story on Complex.com. Unfortunately for them, their bid to stop Kate Spade from launching the new brand was unsuccessful.
Judge Miriam Goldman Cedarbaum concluded that “Saturdays Surf NYC has not shown a likelihood of confusion by a preponderance of the credible evidence. I am particularly persuaded by the relative weakness of the word that the two marks share, the significant distance between the men’s and women’s products, and the consistent inclusion of the famous house mark, Kate Spade, in its Kate Spade Saturday mark.”
Chalk another one up for high fashion big business.
[Link: Complex]
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Dakine hasn’t let parent company Billabong’s financial travails keep it from moving into some dope new digs in Hood River, Oregon, according to a story in the Portland Business Journal.
Its new home will accommodate growth and features earth-friendly designs including a rooftop garden, extensive use of daylight, water efficient features and reclaimed wood. Solar panels will be installed in the future.
We just hope they get to grow as they should. We hear Dakine may be out from under the “Billabong umbrella” sooner rather than later, and working right next door to the makers of Tofurkey can’t hurt.
[Link: Portland Business Journal]
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