by The Editors on November 14, 2013
The Snow Industries America has placed their business-to-business resources online at a special website called SnowSportsB2B.org. Hard to believe all this info wasn’t already online, but it is nice of SIA to join the web revolution, isn’t it?
“We have literally hundreds of innovative and cost-effective business service members,” says Tom Davis, SIA’s supporting membership sales and marketing manager. “SnowSportsB2B.org is a streamlined way for brands, retailers, resorts and all industry professionals to conduct their vendor searches. Knowing all of their vendor options helps them find the most productive business relationships.”
Yes, it does make sense. For the official word from SIA, follow the jump. [click to continue…]
by The Editors on November 11, 2013
According to financials released for the quarter ending September 30, 2013, Skullcandy’s sales are down. Could it be their badvertising? Here’s what Jeff Harbaugh thinks.
[Link: Market Watch]
by The Editors on November 8, 2013
Nike’s Roger Wyett, 56, has decided that after 19 years at Nike (that’s like 40 anywhere else) it’s time for him to hang up his action sporting shoes and exit the Northwest shoe giant for retirement. And the new guy? Well, he’s not a new guy at all. It’s Scott LeClair, 47, the former Brand VP and GM of Nike Skate and Nike Snow.
LeClair joined Nike in 1992 and has led Nike’s skate and snow business since June 2012. He has held previous roles in North America and was GM of Nike’s West Territory based in Los Angeles, before moving to Japan to lead the running category and then the merchandising function. He will report to Jayme Martin, VP & GM of Global Categories. . . .”We’re very pleased that Scott will lead us forward. He is a proven leader with strong brand expertise and his deep knowledge of Action Sports will be instrumental as we continue to build our business globally,” said Martin.
And that’s the news for now, from Nike. Follow the jump for the official word. [click to continue…]
by The Editors on November 8, 2013
Nothing again Winter Park, we’ve had some good days there, but we’re pretty stoked that the SIA On-Snow Demo has moved to Copper Mountain this year on February 3-4, 2014. In fact, we’re so into it that we might even attend.
“Copper’s fantastic terrain, setting and amenities make is a great place for everyone-reps, buyers, suppliers, media, industry partners-to gather after the SIA Snow Show,” said David Ingemie, SIA president. “Whether you want to test gear for your shop, shred with your friends, or some of both – join us!”
We agree. Follow the jump for the official word from the SIA. [click to continue…]
by The Editors on November 8, 2013
Last night (November 7, 2013) Mervin Manufacturing (parent company of Gnu and Lib Tech) released the official news that they have been purchased by Altamont Capital Partners (guess that whole Extreme Holdings, Inc. thing was short-term).
Under Altamont’s ownership, Mervin will operate as an independent, standalone company. There will be continuity across all areas of the company, including leadership and staffing, manufacturing, sales and marketing. Mervin has entered in to a license agreement with Quiksilver to produce and distribute Roxy branded snowboards, bindings and skateboards. The relationship will work similarly to how it has in the past, with Roxy sharing brand marketing and athletes and Mervin designing and building the snowboards in the USA, near Canada.
Reports put that sale at around $51 million. Not bad for a company that was once exchanged for a Volkswagon transmission. For the official word from Mervin (and co-founder Mike Olson) follow the jump. [click to continue…]
by The Editors on November 5, 2013
Spy announced its 10th consecutive quarter of year or year growth when it release financials for the three and nine months ended September 30, 2013. Q3 sales were up 3 percent over 2012 and sales during the last nine months were up 8 percent. to $29.1 million.
“We are very happy to have achieved our 10th consecutive quarter of year over year growth of SPY® brand products, with strong SPY® brand year to date sales growth of 8% in 2013 over of the same period in 2012, and year to date sales in 2013 were 19% higher than the same period in 2011,” said Michael Marckx, President and CEO. “In addition to the expanding Happy Lens™ Collection, we are pleased with the year to date growth of our Rx and goggle product lines that grew by 110% and 13%, respectively, in 2013 compared to 2012. The growth of these product lines helps diversify our revenue portfolio while expanding our SPY® brand. We achieved our third consecutive quarter of operating profit and had positive cash flow from operations. We believe our solid year to date results position us well for the fourth quarter of 2013 and into 2014.”
Spy is still moving in the right direction, yet still have a ways to go. For the official word from Spy, follow the jump. [click to continue…]
by The Editors on November 4, 2013
In its continuing battle to throw off ballast, Billabong has finally sold Canadian action mall retailer West 49 to Candian mall fashion retailer YM, Inc. for approximately $10 million, according to a story on Reuters. These are the same stores that Billabong paid $93 million for in August of 2010.
Both companies have also entered into a two-year supply agreement while Billabong will retain its six eponymous stores and two Element stores in Canada. . . “The sale of West 49 is part of our broader strategy of simplifying our business and focusing on the core of what we do best, which is building strong global brands,” Neil Fiske, CEO of Billabong said in a statement.
Yeah, that and turning $93 million into $10 million in three years. Billabong had been trying to off load West since May 2013.
[Link: Reuters]
by The Editors on November 1, 2013
Kevin Meehan, the former general manager at Burton’s clothing and footwear companies Analog and Gravis has been named to the brand new position of President North American Region at Volcom, according to a story on Apparelnews.net.
In a comment from Volcom Chief Executive Officer Jason Steris, Meehan is a “cross-functional operations professional,” with 19 years experience in action sports, where he has worked in strategic planning, organizational development, marketing and sales strategy and business development.” Adding Kevin to the team provides even more firepower to drive the brand, Steris said in a company statement.
It’s nice to see that Volcom is still making good decisions even when they’re under pressure from their French overlords at Kering.
[Link: ApparelNews]
by The Editors on November 1, 2013
While it won’t surprise anyone who knows Agenda Show founder Aaron Levant, it is good to see that the show is continuing on the up and up with all kinds of expansion plans for New York City and Las Vegas in 2014.
This January 2014, Agenda:NYC men’s street wear and lifestyle show will be hosted at the 82 Mercer building in Soho, for the last time. Moving locations for Summer 2014 edition, Agenda:NYC expands to the Jacob K. Javits center, housed in the Javits North building. The newly constructed space provides more than double the square footage to the current New York footprint.
In Las Vegas the Agenda Show will double in size with the addition of a surf/lifestyle zone called Woods and the Agenda WMNS section.
“We feel AGENDA has barely scratched the surface of what is possible in the Vegas landscape. There are so many opportunities and an amazing potential to grow in this space,” shares Levant.
For the official word from Agenda, follow the jump. [click to continue…]
by The Editors on October 30, 2013
Former surf, skate, snow retailer (K5) turned Specialty Retail Consultant Jurgen Schulz is happy to announce the grand opening of JTS Specialty Retail Consulting’s first project, Bing Surf Shop in Encinitas, California.
It was a pleasure working with long time friend Royce Cansler and new friends Matt and Margaret Calvani. The vision, energy and dedication of this group of people is incredible. I think you will like the results.
To celebrate they are hosting an opening party Saturday, November 2, 2013. Things get rolling at 5 PM. Bing Surf Shop is located at 802 N. Coast Highway 101 in Encinitas, California. For all the details, follow the jump [click to continue…]
The Snow Industries America has placed their business-to-business resources online at a special website called SnowSportsB2B.org. Hard to believe all this info wasn’t already online, but it is nice of SIA to join the web revolution, isn’t it?
