Co-owner and Northwest legend John Logic shows us the fruits of their vendor sponsored art shows and how these projects help set his shops apart.

Volcom commits one percent of the net revenue from its V.Co-Logical Series to organizations of its choice through the 1% program.

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Volcom is a really good company to watch if you want to see what’s going on in our industry. It’s not too big, and not too small. It’s public so we can see what’s going. Action sports are all it does. It’s apparel so it cuts across snow, skate, and surf and into the broader fashion market. So I read their filings with interest not just to see their numbers, but to help me think about what’s going on in general.

Volcom, Inc. (VLCM) hosted a conference call for investors on April 30 to discuss the company's first quarter results. Overall the tone of the call was very optimistic although Volcom's total consolidated revenue for Q1 2009 dropped to $68.3 million from $80.6 million in the same period in 2008.

For the 2009 first quarter, total consolidated revenues were $68.3 million compared with $80.6 million in the first quarter of 2008. Total revenues in the company’s U.S. segment, which includes revenues from the U.S., Canada, Japan and most other international territories outside of Europe, as well as the company’s branded retail stores, were $42.4 million compared with $49.2 million in the prior year period.

When you read Volcom’s 10K for the year ended December 31, 2008, you know immediately why they are successful. There are no wasted words or unnecessary complexity. There’s a consistent focus that makes their strategy clear and the coordination among the pieces obvious. You know it’s been carefully thought out. Even the Foreign Currency Risk and Derivatives footnote is easy to read. That never happens. Where do they find these lawyers and accountants with literary talent?

Volcom, Inc. filed its 10-K statement on March 16. There are some interesting points in the document, and if you haven't been following the company's performance this would be a good place to start.

Here's what's selling at this top shop.