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Industry Insight

SHACC: Trailblazers in Women's surfing exhibit opens April 25.
ROTH CAPITAL PARTNERS: Zumiez comps exceed estimates.

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Tiffany Montgomery
IN THE ARCHIVES
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Karmaloop insiders' prebankruptcy payday

Karmaloop insiders' prebankruptcy payday

April 24, 2015 Tiffany Montgomery
While Karmaloop was teetering on the edge of financial disaster in 2014 and early 2015, the CEO and his family members managed to pay themselves handsomely.
Breaking news: Amer sells Nikita and Bonfire

Breaking news: Amer sells Nikita and Bonfire

April 23, 2015 Tiffany Montgomery
Amer Sports has sold its Bonfire and Nikita brands. We have an interview with the new owner, and details about the go-forward plans for the brand.
Details about Volcom and Electric's Q1 revenue results

Details about Volcom and Electric's Q1 revenue results

April 21, 2015 Tiffany Montgomery
SES listened to the Kering earnings conference call today and we have some details about the brands' top line performance.
Quiksilver details financial terms of Mooney's exit, new executive salaries

Quiksilver details financial terms of Mooney's exit, new executive salaries

April 13, 2015 Tiffany Montgomery
Quiksilver disclosed terms of former CEO Andy Mooney’s separation agreement with the company in a filing with the SEC late last week. The company also reported new base salaries for executives who have taken on more responsibility.
Zumiez delivers in March

Zumiez delivers in March

April 08, 2015 Tiffany Montgomery
Zumiez reported strong comp sales for March, and Blue Tomato continues to shine. We have the details.
The low opening bid for bankrupt Karmaloop

The low opening bid for bankrupt Karmaloop

April 07, 2015 Tiffany Montgomery
A group associated with Comvest Partners has agreed to be the “stalking horse” bidder in the bankruptcy auction process, and hopes other bidders will come forward.
Quiksilver confirms Mooney was fired

Quiksilver confirms Mooney was fired

April 01, 2015 Tiffany Montgomery
Quiksilver confirmed that former CEO Andy Mooney was fired in a filing today with the SEC.
Shareholder suit brewing against Billabong

Shareholder suit brewing against Billabong

March 25, 2015 Tiffany Montgomery
Billabong International has been notified that a shareholder class action suit is being filed against it in the Federal Court of Australia.
REI records solid 2014

REI records solid 2014

March 24, 2015 Tiffany Montgomery
Industry customer REI reported this week that total sales grew 9.9% to $2.2 billion in 2014.
Centerbridge and Oaktree increase Billabong stake - again

Centerbridge and Oaktree increase Billabong stake - again

March 20, 2015 Tiffany Montgomery
Centerbridge Partners and Oaktree Capital Management have increased their stake in Billabong International Limited for the second time this month, according to filings.
Quiksilver works to win back the core market

Quiksilver works to win back the core market

March 17, 2015 Tiffany Montgomery
Lots of details about Quiksilver's Q1 results, plus what Andy Mooney had to say about winning back the core market. Also, a breakdown of wholesale, retail, and ecommerce results by region, and results for the Quiksilver, DC, and Roxy brands.
Men's outperforms women's in 2014 at The Buckle

Men's outperforms women's in 2014 at The Buckle

March 16, 2015 Tiffany Montgomery
The weak denim cycle, especially in women’s, continues to dampen sales at denim specialist and industry customer The Buckle.
Big plans for Schuh expansion, details about Journeys block buster Q4

Big plans for Schuh expansion, details about Journeys block buster Q4

March 13, 2015 Tiffany Montgomery
Genesco outlines Europe growth plans for Schuh and provides details about why Journeys, a key industry customer, had a great Q4.
Zumiez's outlines grand vision for Blue Tomato, comments on Q4 results, 2015 store plans

Zumiez's outlines grand vision for Blue Tomato, comments on Q4 results, 2015 store plans

March 12, 2015 Tiffany Montgomery
All the details from a newsy Zumiez conference call discussing Q4 and 2014 results, and plans for 2015.
Centerbridge and Oaktree increase stake in Billabong

Centerbridge and Oaktree increase stake in Billabong

March 12, 2015 Tiffany Montgomery
Centerbridge Partners and Oaktree Capital Management have increased their stake in Billabong International Limited, according to recent filings.
Prana 2014 revenue reaches nearly $100 million

Prana 2014 revenue reaches nearly $100 million

March 11, 2015 Tiffany Montgomery
We catch up on some information about yoga and lifestyle brand Prana, which is now owned by Columbia Sportswear.
Globe's diversification strategy paying off

Globe's diversification strategy paying off

March 09, 2015 Tiffany Montgomery
Details about how Globe International performed in North America, Europe and Australia, and how the company has turned its business around.
Luxottica outlines plans for Oakley growth

Luxottica outlines plans for Oakley growth

March 06, 2015 Tiffany Montgomery
Luxottica executives commented several times on Oakley’s performance and future plans during the company’s annual meeting in Milan this week. SES watched a video replay of the meeting and compiled some interesting information.
Spy details Q4 and 2014 results

Spy details Q4 and 2014 results

March 06, 2015 Tiffany Montgomery
Details about how Spy performed in Q4 and for all of 2014.
Stance raises $50 million

Stance raises $50 million

March 05, 2015 Tiffany Montgomery
Stance has raised another $50 million as it prepares to launch underwear later this year, according to a story in the Wall Street Journal.
Safilo comments on Smith's 2014 results

Safilo comments on Smith's 2014 results

March 05, 2015 Tiffany Montgomery
Smith owner Safilo Group commented on the brand’s 2014 performance today. Smith's role at Safilo has gained in importance of late.
Quiksilver delays Q1 results due to audit committee investigation

Quiksilver delays Q1 results due to audit committee investigation

March 04, 2015 Tiffany Montgomery
Quiksilver said Wednesday morning that it is delaying the release of its first quarter results that had been scheduled for Thursday because of an investigation by the board of directors' audit committee.
An interview with Billabong CEO Neil Fiske about Billabong results

An interview with Billabong CEO Neil Fiske about Billabong results

February 26, 2015 Tiffany Montgomery
A talk with Neil Fiske about the wholesale resurgence he sees for Billabong in the U.S., how Billabong performed in other regions, why Element may be turning around in the U.S., and why overall company results were still challenged.
Billabong swings to profit, sees U.S. wholesale improvement

Billabong swings to profit, sees U.S. wholesale improvement

February 25, 2015 Tiffany Montgomery
Billabong today reported financial results for the six months ended Dec. 31, and CEO Neil Fiske pointed to several positive signs in the business. Plus, how Billabong, RVCA and Element performed.
Billabong Americas President on the closing of Billabong's Times Square store

Billabong Americas President on the closing of Billabong's Times Square store

February 18, 2015 Tiffany Montgomery
Ed Leasure offers some interesting insight into the changing retail landscape and details why the company closed the high-volume Billabong and Element stores.