On June 16, Group Y hosted its monthly meeting at the OC Tavern in San Clemente, California. This month’s meeting offered attendees the opportunity to check out an insightful panel discussion on brand development and growth strategies featuring RVCA President Dan Levine, Electric Co-founder and CEO Bruce Beach, and Skullcandy Chairman Jeff Kearl, moderated by none-other-than Transworld Business’s very own Rob Campbell.
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June 18 2008 |
1,550 views | 17 comments
Speculation that Billabong International would be continuing its expansion in the retail sector started back on March 13, when the company said it had identified “significant opportunities” for further retail expansion at an investor update on Australia’s Gold Coast. Then in mid May it announced it had acquired Kirra Surf, a retail store on the Gold Coast. Now Billabong is making a move on the East Coast of the United States by acquiring Quite Flight’s 14 store chain. The company is also converting Coast 2 Coast’s Long Island, New York location into a company store.
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June 12 2008 |
3,201 views | 7 comments
NIKE, Inc. (NYSE:NKE) will release the results of its fourth quarter ended May 31, 2008 on Wednesday, June 25, at approximately 4:15 p.m. EDT. Beginning at 5:00 p.m. EDT, the Company will host a conference call to discuss these results, which will be webcast live at www.NikeBiz.com/investors. It will be available for replay in an archived version at the same location for one week.
News releases and earnings conference call transcripts are also available on the Internet at www.NikeBiz.com/investors.
Please logon to the website at least fifteen minutes prior to the webcast in order to download the necessary software.
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June 11 2008 |
198 views | 20 comments
Costa Mesa, CA (June 9, 2008) – Vestal Watch, Inc. is proud to announce the latest addition to its world-class surf team; South African Jordy Smith. At just 20 years old, Smith is the former Association of Surfing Professionals (ASP) Junior World Champion and the 2007 ASP WQS men’s title-holder.
“Signing Jordy Smith is another monumental accomplishment for Vestal.” says Vestal Surf Team Manager John Oda. “Jordy is living up to his high expectations and continues to make an impact in the surfing community. Jordy’s addition to the surf team proves that Vestal is making significant moves in the surfing world.”
After the Globe Pro in Fiji, Smith is currently ranked 19th on the ASP Tour in his rookie year. Smith’s sponsors include Vestal, O’Neill, DVS & DaKine.
The Vestal surf team is Jordy Smith, CJ Hobgood, Timmy Curran, Clay Marzo, John John Florence, Mitch Coleborn, Dion Agius, Josh Hoyer, Michael Spencer, Jake Kirschenbaum, Nathan Florence and Ivan Florence. For more information about Jordy Smith and the rest of the Vestal surf team visit www.VestalWatch.com
On Friday, June 6, the Surf Industry Manufacturers Association (SIMA) hosted its annual Underwriting Party at Laguna Beach, California’s Mozambique Restaurant and Lounge. Attendees enjoyed a live performance by Donavon Frankenreiter and his band while signing up to support this year’s Waterman’s Ball Weekend. There was also a live auction, and short presentation from Billabong USA CEO Paul Naude. While SIMA prefers not to release the specifics about how much individuals and companies donated, here’s a run down of who made contributions, what was up for grabs, and some photos from the event.
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June 09 2008 |
1,111 views | 1 comment
Here’s an exert from Quiksilver’s Conference Call held on June 5, 2008.
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June 06 2008 |
3,080 views | 1 comment
For the second year, Billabong’s Design For Humanity was held at the Avalon in Hollywood. The event features collaborative swim wear designs from Billabong’s talented team of designers and some of the fashion industry’s biggest names, as well as a concert, fashion show, and silent auction. This year Billabong raised well-over $25,000 to benefit the Surfrider Foundation. Check out some photos right here.
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June 06 2008 |
1,764 views | 3 comments
Here’s How Retailers Finished Up For May 2008
SPECIALTY STORES
Pacific Sunwear Of California, Inc. (PSUN):
Total Retail Sales % Change: (2.0)
Comparable Store Sales % Change: (3.0)
Zumiez, Inc. (ZUMZ)
Total Retail Sales % Change: 15.0
Comparable Store Sales % Change: 0.2
The Buckle, Inc. (BKE)
Total Retail Sales % Change: 44.1
Comparable Store Sales % Change: 34.7
Abercrombie & Fitch Co. (ANF)
Total Retail Sales % Change: 8.0
Comparable Store Sales % Change: (1.0)
DEPARTMENT STORES
Nordstrom, Inc. (JWN)
Total Retail Sales % Change: 12.2
Comparable Store Sales % Change: 10.9
J.C. Penney Company, Inc. (JCP)
Total Retail Sales % Change: (2.4)
Comparable Store Sales % Change: (4.4)
Kohl’s Corporation (KSS)
Total Retail Sales % Change: 1.2
Comparable Store Sales % Change: (7.2)
Volcom, Inc. (NASDAQ: VLCM) today announced that Richard R. Woolcott (below) has been elected chairman of the board of directors, and Jason W. Steris, in addition to his role as chief operating officer, has been named president. Richard Woolcott, who remains chief executive officer, succeeds Rene R. Woolcott as chairman of the board. Rene Woolcott, 76, will continue to serve as an active member of the board of directors. 
Additionally, Douglas S. Ingram, who has served on Volcom’s board of directors since June 2005, has been appointed lead independent director.
“These moves allow each of us to leverage our strengths in order to continue to capitalize on the power of the Volcom brand,” said Richard Woolcott. “I will continue to oversee the overall operations of the company and devote increased efforts focusing on the strategic direction, vision and marketing of the company, while Jason will run the day-to-day operations of the business. Bringing Jason into the role of president provides additional leadership strength for Volcom and a long-term succession plan for our company.”
Eight-time ASP World Champion Kelly Slater (USA) has won his third event on the 2008 ASP World Tour after eliminating C.J. Hobgood in the final of the Globe Pro Fiji held in six foot (two metre) waves at Cloudbreak. Slater remains the only member of the ASP Top 45 to win an event this year – the last ASP World Tour event held in Tahiti was won by a wildcard.
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June 03 2008 |
1,177 views
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