The struggles rippling through fashion retail are resulting in many changes for brands, especially those in action sports, denim, and sportswear. Zumiez’s January financial reports released February 5, 2014 record a net sales decrease of 24.3% to $38.1 million from $50.3 million last year within the same five week period. Comparable store sales are down […]
Zumiez Buys European Retailer Blue Tomato for 59.5 Million Euros
Blue Tomato, a well-known European action sports retailer based out of Austria, has been purchased by U.S. based Zumiez today, June 19, 2012 for 59.5 million Euros, with an agreement for an additional 22.1 million Euros contingent on future payments based on performance over the next 3 years. Part of a move to expand into […]
Retail Round-up: GAP Drops 23%, Cost of Goods Outweighing Retail Price Increases; Zumiez up 18.8%; Snowboard Olympic Medalist, Hannah Teeter Launches SweetCheeks Underwear
Fashion retail in major flux as sourcing costs rise and retail costs struggle to keep margins stable. And the launch of a cool underwear brand.
AP Sues Urban Outfitters, Zumiez, and Nordstrom Over Fairey HOPE T-shirt Sales
Even though Shepard Fairey and the AP are now BFF’s doesn’t mean that the retailers who made money off the Obama Hope Poster T-shirts are in the clear.
Retail Round-up: Iggy Pop X Vans; COS and H&M, Lost Goes Back In-House, IPATH Sold, Zumiez 100K Goes Off
2011 kicks-off with a bang featuring several new collabs, brand and retail strategy adjustments, and events.
Retail Round-up: Teen Apparel Stores Get a Boost from Back to School Bubble
inancial reports are out and here’s the latest from Abercrombie & Fitch, Zumiez, H&M, Gap, and more.
Zumiez Jumps 15% After Surpassing Forecast Expectations
Sportswear retail chain Zumiez financial results may indicate youth spending pattern changes in the third quarter.
Billabong Buys RVCA
RVCA, the strong crossover brand with artists, action sports, even MMA fans, gets bought by Billabong.
June Retail Sales for Youth Markets Perform Better Than Expected
Zumiez, Abercrombie, Hot Topic, Limited, Uniqlo report better than expected sales based on several factors, however back-to-school may still be a challenge.