In an exclusive interview posted yesterday, September 12, 2012 by Sportswear International, more details were revealed as to why Europe’s premiere denim and urbanwear trade show Bread & Butter in Berlin has decided to scale back, eliminating more than 100 brand exhibitors, and why. Editor-in-chief Sabine Kühnl talked to Bread & Butter chief Karl-Heinz Müller […]
One of the most popular sections within Label Networks’ presentations on Global Youth Culture often stem around disruptive technologies and the differences in patterns between how young people utilize various electronic devices vs. other generations. For example, based on their DIY sensibilities, often what may have been created for a specific purpose is modified and […]
While TPG continues to work on plans for possibly acquiring Billabong, Quiksilver’s 20% shareholder Rhone Capital, a private equity firm, may be checking it out too. According to a recent story in Transworld Business, via The Australian, there’s another interested party in the Billabong crisis, which is Rhone Capital. This sounds very rumor-like, but an […]
Moving into back-to-school season, retail within many youth culture segments is looking grim. One of the worst was today’s announcement that Abercrombie & Fitch’s second quarter net earnings fell a dramatic 52% to $15.5 million. Mike Jeffries, Chief Executive Officer and Chairman of the Board of Abercrombie & Fitch Co., said: “The second quarter results […]
In their first Future of Fashion Summit, Sportswear International provided a unique platform in Berlin, July 3, 2012, the day before Bread & Butter Trade Show for an impressive group of key speakers and topics ranging from changes in fashion and denim retail, to the Digital Lifestyle of today’s consumers (stay tuned for Label Networks’ […]
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 […]
On June 14, 2012, Vans, owned by VF Corporation, owners of The North Face, Reef, Wrangler, Lee, and others, outlined a a strategy to add $1 billion in revenues over the next five years. For the first time ever, the investor meeting was held at the House of Vans in Brooklyn, which raised the profile […]
H&M, the fast-fashion retailer borne in Sweden, is known for their innovative collaborations with top fashion designers. Their global stores are quickly becoming legendary for outshining even some of the best boutiques and have fast grown as a new favorite store among youth culture as seen in our Youth Culture Studies. One reason is their […]
Under pressure from headquarters in Sweden, WeSC signed a U.S. licensing deal with Oved Apparel Corporation, which licenses Modern Culture, PRPS, Company 81, among others. According to CEO Greger Hagelin, “We have in recent years made significant investments in the brand in the U.S. market without success capitalizing on the value built up. Our U.S. […]
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 […]