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Always a good daily read
Shop-Eat-Surf creates a good source of timely information about the industry. The site makes all types and size companies feel part of a community where everyone is stoked to hear about other companies successes and ideas. It is always a good daily read.
Surf Summit 18 got off to a newsy start Wednesday with more retailers in attendance than usual and a no-holds barred speech from Quiksilver Chairman Bob McKnight, who called for the industry to band together to fight against outsiders.
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.
Quiksilver has restructured its Americas sales force in the wake of the departure of former CEO Andy Mooney last week. We have details, plus what one important retailer thinks of the recent management changes.
For two years, SES has been talking to former and current Quik employees and key retailers about Mooney’s strategies, and listened to every conference call since he became CEO. Some themes emerged over time from all those conversations and our reporting.
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.
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.
Two of the most important snowboard companies, Burton and Mervin Manufacturing, will either not be at SIA at all or will be at SIA in a reduced capacity. There are also changes to the brand line up at ISPO.
It was another year of change in the industry, with two major recurring themes. Restructuring, personnel changes and in some cases upheaval at the biggest companies, while at the same time, several industry veterans launched new brands.