It’s been a roller-coaster ride for many brands as Q3 back-to-school financials report a tumultuous sales season. First, Puma has reported that their profits have dipped 85.1% in Q3 due mostly to falling sales in European markets, indicating just how bad things are there, but there are other reasons as well. As one of the […]
Category: Spending Patterns
Retail Round-up: Puma Profits Dive; Iconix Brand Buys Umbro from Nike for $225 Million; American Eagle Outlines Long-term Plan Including Global Expansion
New Trends in Youth Culture’s Digital Lifestyle, Plus Top Preferred Electronics and How This Effects Spending, Communication, Wearable Fashion
Youth culture today is generationally at ease with computers, touchscreens, smart phones, video cameras, social networks, and gaming platforms. They are so entrenched in internet technology and new ways of social engagement, that they have a different thought process toward fashion, music, sports, spending, and communication patterns. Interestingly, while there’s significant hype on Apple’s iPad […]
VF, Owners of The North Face, Vans, Lee, Timberland Announce Third Quarter Results and Raises Guidance
While many brands continue to struggle in this difficult economy, VF Corp., owners of brands such as Vans, The North Face, Lee, Wrangler, Seven for All Mankind, Timberland, and Eastpak, announced yesterday, October 22, 2012, total revenues increase of 14% for the 3rd quarter. “Having achieved yet another quarter of record revenue, gross margin and […]
Burton’s Massive Restructure Shifts Energy to Core Snowboarding Including Analog; End of Foursquare, Forum, Special Blend, and Shift for Gravis to Tokyo
Snowboarding, like Surfing, is going through major transition as reflected by a much weaker snow sports season from last year and lower sales moving into winter 2012-13 due to a difficult economy and the high pricetag of the sports of snowboarding and skiing in general. Burton’s announcement today regarding upcoming changes for the brand provided […]
Surf Round-up: Vans Triple Crown of Surfing to Kick-off with $1 Million Purse, But No Women’s Events; Women’s LongBoard Championships in China; Effects of ASP’s Ownership by ZoSea Media
Surfing continues to go through unprecedented changes as the effects of the economy take its toll on what survives and what doesn’t, and new interests re-shape the traditional standards of an industry in major flux. To start, on the cusp of news that Nike/Hurley will no longer be sponsoring mainland’s largest surfing event, the U.S. […]
Retail Round-up: Billabong Plunges as TPG Pulls Bid; Fast Retailing, a.k.a. Uniqlo Takes a Hit
After two crucial months of due diligence and negotiations, the private equity firm TPG has pulled its bid for taking over the beleaguered surf brand Billabong. Immediately, shares dropped to 82 cents. According to City Index chief market analysis Peter Esho, Billabong’s future is not looking good. “What we’re seeing today in the market is […]
Coke’s Dancing Vending Machine Connects with Dance Dance Revolution Generation
Vending machines have a different meaning in many Asian countries than they do here in the United States, often taking on the tasks of supplying far more than basic drinks and fast food needs. But the influences from Japan’s vending machine culture in particular has made its way into cool collaborations in the States in many […]
Footwear and Sneaker Culture –The Mega Shuffle Between Preferred Brands, Stores, and Latest Influences on Youth Culture
When it comes to favorite footwear, the majority of 13-25-year-olds across the United States will name a sneaker brand over a footwear brand which is why understanding sneaker culture, including blogs, is of importance for this marketplace. In this story, we take a look at fresh data from Label Networks’ Fall Youth Culture Study 2012 […]
Levi’s Made to Order Project Highlights Tailoring in Denim vs. Manufacturing—More From the Slow Fashion Movement
Ironically, as the level of lawsuits in copyright infringement cases in youth culture fast-fashion continues to rise as more brands are suing and copying in an all-out war in our graphic-centric period of time, so too has the slow fashion movement gained momentum among various brands as the rise in craftivism takes centerstage. Levi’s Made […]
Fall Youth Culture Study Reveals New Spending Patterns, Inspired DIY Trends and Market Opportunities, Plus Sustainability Trends, Fashion, Sneaker Culture, Action Sports, More
Fresh research and analysis released today from Label Networks’ 13th Fall Youth Culture Study reveals where shifts in the youth marketplace and various declines have also created new opportunities across a range of industries, such as fashion, technology, sports, electronics, music, entertainment, non-profits, sustainability issues, among others, based on new consumer insights among 13-25-year-olds across […]