Taco stands, milk chugging contests and some great product giveaways were all part of this year’s Fifteenth Annual Surfside Snow Carnival and Pre-Season Sale. Read more and see photos from the event right here.
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I wrote about the quarter’s results when they came out with their press release. I’m not going to repeat that analysis, you can go back and read it if you want. I said I would follow up when I had the more detailed actual filing. Now that I have it, there are some points I want to highlight.
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Under the current economic conditions, retail reports have been growing increasingly bleak. That isn’t the case, however, with Volcom’s latest numbers, released Thursday, October 30. The company experienced a total revenue increase of 23% to $111.7 million.
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The company announced this morning that it has acquired its Japanese distributor for an unspecified amount and will bring operations in house in order to better coordinate efforts in this key territory.
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Transworld Business asked this top shop what was selling during the month of July. Here’s what we found out about this Lake Michigan surf shop, which caters to both tourists and locals year round.
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On July 27 the much-discussed ‘Shaun White For Target’ apparel line hit all 1,613 Target stores across 47 states nationwide, and Target has launched an ad campaign on prime time television to support the line. regardless of how you feel about the line’s launch, if you’ve seen the commercials you’ve got to admit—they are pretty damn funny!
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On July 25, Volcom hosted its Q2 Conference Call for investors. Among other things, Chairman/CEO Richard Woolcott discussed the company’s retail strategy and the recent announcement that it planned to acquire Laguna Surf & Sport.Here’s what Woolcott told investors.
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On July 21, Volcom announced plans to acquire Laguna Surf & Sport from longtime Owner Eric John. Days later in the company’s Q2 conference call Chairman/CEO Richard Woolcott told investors “The multi branded concept of the LS&S stores is a little different for us, but we believe it helps diversify our retail business by providing us with greater insight about our customers and market trends.” Woolcott also says the stores will keep the same product mix and employees.
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