The effects of the economy have taken a particularly hard toll for European fashion trade shows and brands, but at the same time, with such challenges, redefined new markets and opportunities have risen that may not have been available before. First, Flip, a new trade show for action sports, urban, and streetwear, created by Moda, […]
Category: Retail
European Trade Show Updates: Bench Skips Bread & Butter; Panorama Cancelled; Flip, Trade Show for Streetwear, Action Sports Springs to Action
European Fashion’s Downturn Effects Abercrombie and Fitch
Abercrombie & Fitch reported unaudited results which reflected net income of $3.0 million for the thirteen weeks ended April 28, 2012, compared to net income of $25.1 million for the thirteen weeks ended April 30, 2011. Mike Jeffries, Chief Executive Officer and Chairman of the Board of Abercrombie & Fitch Co., said: “While we are […]
EuroSIMA’s Numbers on Changing Boardsports Marketplace
The European Surf Industry Association has released its latest findings on the size of the global summer boardsports marketplace. Such findings are a good starting point, but it’s important to point out that “size of market” in terms of consumption of hardgoods and corresponding apparel, footwear, and accessories is always a best-guest estimate since putting […]
Buy-out Fever: Collective Brands’ Performance and Lifestyle Group, Including Keds, Sperry Top-Sider, Saucony, Bought by Wolverine (Owners of Merrell) for $1.2 Billion
In a compelling buy-out of the Collective Brands stable, Wolverine, along with Blum Capital Partners and Golden Gate Capital is buying the Collective Brands’ Performance and Lifestyel Group of brands including Sperry Top-Sider, Saucony, Stride Rite, and Keds for $1.23 billion. This will bring the Wolverine stable of brands, which includes Merrell, Caterpillar, and Hush […]
VF Corp Q1 Results Reveals Outdoor and Action Sports Fastest Growing Sector Up 60% Due In Large Part to Timberland
VF Corp, owners of Wrangler, Vans, The North Face, and Timberland, among others, announced their Q1 Results for 2012 with revenues rising 31%. This is due in large part to the $356 million in revenues from their relatively new Timberland acquisition. Net income overall rose 9% to $219 million from $201 million in the same […]
Dov Charney, CEO of American Apparel Talks Future of Manufacturing in America, Trends, Immigration in Fiery Interview
Manufacturing in the United States is a hot issue especially in fashion these days and who better to outline predictions of a global economic change than the controversial CEO of American Apparel, Dov Charney. Filmed inside his downtown Los Angeles manufacturing center of American Apparel Charney offers up why his Made in the USA model […]
New Release: Label Networks’ Spring Youth Culture Study 2012—Consumer Insights From a New Demographic Illustrates Generation Gaps in Key Industries, plus Significant Changes in Market Trends in Spending Patterns, New Media, Fashion, Footwear, Technology, Music, Communication, Entertainment, Sports, and More
Label Networks’ Spring Study is the most-anticipated Study among subscribers as it reveals new data, analysis, and insight, including images, pull-quotes of future forecasting, and key marketing tips based on where the market is headed and why for 2012-13. Fresh consumer insight from our 12th Annual Spring Youth Culture Study reveals key findings that leave […]
What’s the Most Important Factor When Buying a Fashion Product?–Fresh Results from Label Networks’ 2012 Spring Youth Culture Study
Amazon’s Move Into Fashion Marks the New Gorilla In the Room
The Amazon Clothing Store marks yet another move in the direction of fashion’s online destination, and it has created a huge sense of concern in the industry. First, as the 5th largest most-visited site (after Facebook) it’s got a following, whether people actually buy there or not. Among youth culture today, Amazon is synonymous for […]
Volcom Lay-offs Due to Difficult Retail Environment
In a difficult economy, Friday’s are the days to watch as bad news usually hits at the end of week, particularly when it comes to lay-offs. Last Friday on March 30, there was preliminary news from friends who work at Volcom that lay-offs were coming. No one knew exactly what the details were—if the lay-offs […]