Tag: financials

Retail Round-Up: Uniqlo, Fast Retailing Reports Fiscal 2013; Nike Projects $10B in Apparel, Pushes Ecommerce and China Markets


Fast-fashion giant Uniqlo based in Japan has released their latest financials. The brand which is catching on quickly across youth culture markets in the United States (see also our Fall Youth Culture Study 2013), has also just released their puffy jacket campaign that showcases how these cushy, soft winter outerwear can fit into the size […]

Twitter Reveals Numbers In Statement for Public Offering

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As Twitter prepares for an IPO, social networking brands are watching to see how the little blue bird fares. Similar to Instagram, which started rolling out ads recently, Twitter, too faces the issue of incorporating ads or some type of business model towards generating a profit. According to their registration statement which was released Thursday, […]

H&M Reports Massive Profit in Q3, Plus Success with USA Online Roll-out Plans, and Launch of Its 3,000th Store


The Swedish-based fast-fashion giant continues to take the U.S. by storm and capturing the attention of youth culture markets. As revealed in our Fall Youth Culture Study 2013, H&M is higher on the radar than ever before although not quite in the top upper echelons of favorite brands/retailers among 13-25-year-olds, but knowing what’s happening with […]

Troubled Aeropostale New Target for Sycamore Partners, Owners of Hot Topic


Sycamore Partners have expressed interest in Aeropostale, the teen retailer that has recently been dealing with low profits and missed targets when it comes to today’s youth culture. As we note in our 13th Annual Fall Youth Culture Study, released yesterday September 16, the brand had been out of sync with the marketplace for some […]

Retail Round-up: Potential Alternative Financing for Billabong, DaKine Sold for A$70 Million; VF Corp Q2 Results Raises Full-Year Guidance; Outdoor and Action Sports Up 6%


Billabong’s CEO Launa Inman has been ousted and replaced with Scott Olivet, a former Oakley executive and previous Nike executive, apparently as part of a new plan lead by potential funding from Altamont Partners. So, the saga continues for the beleaguered surf brand, which also sold its last greatest asset, DaKine for Australian $70 million. […]

Retail Round-up: Dolce and Gabbana Convicted of Tax Evasion; H&M Drops But Plans Online Launch in U.S.; Volcom Pulls Out of Motocross; Skullcandy Vacates CA Office


Italian fashion designers Domenico Dolce and Stefano Gabbana were convicted today, June 19, 2013 of tax evasion for hiding $1.3 billion and given a suspended jail sentence of one year and 8 months. This came through after the second time they’ve been brought to court. The first resulted in the designers being charged a $440 […]

VF Announces $17 Billion by 2017 Growth Strategy


Today, June 11, 2013, VF Corp., owners of Vans, The North Face, Wrangler, Timberland, among others, announced a bold new strategy of reaching $17 billion in revenue by the year 2017 with $18 in earnings per share, equaling a 5-year growth plan of 10 to 13% per year. The growth plan includes 8% from organic […]

LuLulemon’s CEO Steps Down; Stocks Plummet


Today, Monday, Lululemon Athletica announced that their CEO Christine Day would be leaving after 5 years. A successor is yet to be named. “Being a part of lululemon for the past five and a half years has been an incredible journey. I am proud of building a world class team that has produced one of […]

Record First Quarter for VF Corp. with Outdoor and Action Sports Segments Up 10%


VF Corp. released their Q1 financials today with two main areas on the rise: Outdoor & Action Sports segments up 10% and direct-to-consumer revenues up 12% including double-digit growth in the U.S. and International. Interestingly, The North Face was up 6% and Vans was up 25% with more than 30% growth in Europe. Here’s the […]

Billabong In Talks with Sycamore Partners and Paul Naude for US$297.9 Million—And the Sad Story of Surf


The sad saga of surf brand Billabong looks like it’s finally coming to some sort of conclusion with its buyer’s bidding wars ending. On April 8, 2013, The Australian reported that Billabong was in talks to be acquired by Sycamore Partners and Paul Naude, who was the former President, for US$297.9 million. Sycamore Partners were […]