Looking for a place to escape the ASR downstairs scene? Check out the DC Chill Zone Lounge in Room 17 on the Mezzanine. And on Thursday September 10, 2009, catch the $1,000 Grind For Life High Ollie Challenge from 4-6 PM.
[Link: Grind For Life]
{ Comments on this entry are closed }
Trent Bush has deeper roots in snowboarding that most. Along with his twin brother Troy, Trent has seen every phase of snowboarding from the inside.
Amazingly, he has avoided getting jaded and has continually been able to reinvent himself for the times. He and Troy have had their own outerwear lines several times, and designed outerwear for Burton. Most recently they partnered to found Brandbase, the company that operates Tech 9, Nomis, and Sound.
Shayboarder interviewed Trent to get the background on all things Bush. It’s definitely worth the read.
[Link: Shayboarder.com]
{ Comments on this entry are closed }
Not that it’s the kind of ranking that anyone but a short-seller would be happy about, but Quiksilver topped out on The Wall Street Journal’s NYSE Biggest Percentage Decliners ranking list for the day of September 4, 2009 with a drop of 17.48 percent.
Apparently the market wasn’t too stoked about the company’s projected $6.2 million loss for Q4, according to the Orange County Business Journal.
[Link: Wall Street Journal and Orange County Business Journal]
{ Comments on this entry are closed }
Quiksilver reported their third quarter financials this afternoon and while things weren’t all rosey they were inline with what the street was expecting according to The Wall Street Journal.
For the quarter ended July 31, the Huntington Beach, Calif., company reported a profit of $1.3 million, or one cent a share, down from $2.9 million, or two cents a share, a year earlier. Per-share earnings from continuing operations fell to three cents from 25 cents. . . Revenue decreased 11% to $501.4 million, while gross margin fell to 46.7% from 50.4%. . . . Revenue in the company’s Americas segment fell 6%, while European sales dropped 8%, on a constant currency basis. Sales in the Asian/Pacific segment rose 12% on a constant-currency basis.
Follow the jump for the press release or click here to read it in PDF form.
[click to continue…]
{ Comments on this entry are closed }
There are days when we wish we owned some Zumiez stock. Today might be one of them, according to Emailwire.
Zumiez Inc. is among the top percentage gainers in the few hours of the opening trade. The stock climbed to $14.28 with 16.76% gain and is trading with a high volume of 857K shares. . . three research houses reacted: MKM Partners upgraded ZUMZ from ‘neutral’ to ‘buy’ with William Blair upgrading the stock from ‘market perform’ to ‘outperform’ and Robert W. Baird upgrading ZUMZ from ‘neutral’ to ‘outperform’.
Might want to get in on this little rocket ride before she peters out.
[Link: Emailwire]
{ Comments on this entry are closed }
When the Royal Caribbean International cruise lines launches the world’s largest cruise ship, the Oasis of the Seas, in December it will be with a ship full of retail stores: 13 in all. One of them is called called Star Pier.
Star Pier is a hybrid of all things tweens and teens adore. . . . From clothing labels including Roxy, Quiksilver, and DC Apparel to an electronic games and accessories outpost alive with a DJ station and Wii game area, this is not the average teen clothing store.
The Quik boat soon will be making another run, the Quik boat promises something for everyone, set a course for adventure,
your mind on a new romance. And Quik won’t hurt anymore. . .
[Link: Reuters.com]
{ Comments on this entry are closed }
Backcountry.com’s President John Bresee discusses user generated content and how his company has been able to leverage all those free worker bees into increased sales, in an interview with BusinessWeek.
Our belief is that user content should exist to directly support the products we sell. So we don’t have a video area where people can upload videos of people snowboarding. We don’t have any authority in the world of snowboard videos, but we do have some authority in that we’re good at selecting products for snowboarding. So that’s where the content goes—right on the product description pages.
Not exactly a new idea, but it appears to be working for them.
[Link: BusinessWeek]
{ Comments on this entry are closed }
If you only go to one skateboarding trade show this year, you might want to make it the Crossroads Retail Show at Blackbox Distribution in Carlsbad, California.
For all our coverage from last year, click here or here for our video interview with Jamie Thomas.
[Link: Black Box Distribution]
{ Comments on this entry are closed }
David Scott Olivet, the CEO of Oakley moved out of that position and into a newly created position called “chairman” last month according to a story in the Orange County Business Journal.
Olivet plans to start his own investment company and continue working for Oakley founder Jim Jannard’s latest venture, Lake Forest-based Red Digital Cinema Camera Co., a digital movie camera maker. . . The Laguna Beach resident has started Renegade Brands LLC, which looks to invest in apparel and other consumer companies. . . . “I will play a variety of roles, from investor to active board member to executive depending on the situation,” Olivet said.
Sounds like Olivet has decided to spend a little more time figuring out what to do with all his money. Meanwhile, Colin Baden, who has been president of Oakley since 1999 will step in as new CEO.
[Link: Orange County Business Journal]
{ Comments on this entry are closed }
The administration at Australia’s Sylvania High School took action when two Red Bull workers dropped off a few drinks and fliers at the school which had earlier “banned the product on health grounds,” according to a story in The Daily Telegraph.
School officers threw out several cans of the beverage left by the company and refused to hand out any of the stickers and flyers to students. . . The state’s most influential parents’ lobby group has called for a statewide ban on the controversial drinks amid increasing fears about their health risks. . . The Federation of Parents and Citizens’ Associations wants the crackdown because of concerns over students becoming loud and hyperactive in class after consuming cans of Red Bull, V, Mother or Cocaine. . . Experts said the drinks can cause mood disturbances, heart palpitations, dizziness, headaches and dehydration.
Yeah, just what high school kids need, right?
[Link: The Daily Telegraph]
{ Comments on this entry are closed }
