Orange 21 (Spy Optic) is one of my favorite brands for a couple of reasons. First, over the last couple of years they’ve worked themselves through some really tough issues, making difficult decisions when required. And they’ve had to do it during the recession. Second, for better or worse they’re public. We get to see the numbers, actions, and management strategies of a smaller company in this industry. Finally, they are representative of the More…
Archive for November, 2010
Making Changes in a Difficult Market; Orange 21’s Sept. 30 Quarter and Nine Months
Sunday, November 28th, 2010Volcom’s Quarter Ended Sept. 30 and Some Strategic Industry Issues
Thursday, November 18th, 2010Those of you who read my stuff know I never try to be the first published. When Volcom did their press release I reviewed it. I listened to the conference call and read its transcript and thought about it. Then I reviewed their 10Q when it was finally released. Then I thought about it some more. Now, I’ve thought enough. What I was thinking about as I reviewed Volcom’s material was the distinctions (and similarities) More…
Requiem for the ASR Show. Now What?
Tuesday, November 16th, 2010At the moment you hear about it, it’s kind of a surprise. But when the initial shock passes, it’s not. I thought The Editors over at Boardistan put it best. Back in 2009, referring to ASR, they said; “We have to wonder what happens to the entire trade show business model when they have to pay retailers to attend. Lord knows retailers need to be treated well these days, but it still seems More…
The End of an Era (In a Good Way!) at Quiksilver
Tuesday, November 2nd, 2010I don’t think anybody else noticed this (or at least I didn’t see anybody else mention it) but on October 27th, Quik got a $20 million term loan from Bank of America. Along with some cash on hand, they used it to pay off the last $24.5 million (including accrued interest) of their original term loan from the Rhone Group. The new term loan’s interest rate is 5.3%. You may remember that More…
