American Eagle Outfitters released its financial statement today, March 11, 2014, with undeniably one of its worst quarters ever. Consolidated comparable sales for the 13 weeks decreased 7% over the same 13 week period last year. Gross profit decreased 28% to $332 million. Jay Schottenstein, Interim CEO stated, “The Company’s results in 2013 were highly […]
Fast-fashion retailer and brand H&M, based out of Sweden has released their year-end financials which show a strong response to several different factors. First, H&M’s Group sales were up by 9% during the financial year and 356 new stores were added, predominately in China and the USA. As our youth culture studies show, H&M is […]
Story and Photos by Tom Wallace and Kathleen Gasperini The big question is why is the outdoor lifestyle becoming more popular? The jam-packed Outdoor Retailer Winter Market 2014 from January 21-24, 2014, in Salt Lake City, UT, was energetic, inspirational, a networking hub, and business-central for a marketplace that seems less effected by the economic […]
Outdoor Retailer trade show wrapped-up last week, January 24, 2014 in Salt Lake City, UT, marking another successful show and capturing the energy of the on-going evolution of the industry about the outdoors. One of the most exciting aspects took place during the 2014 Outdoor Inspiration Awards, created by Adidas Outdoors, and the attention brought […]
The owners of Surf Expo, George Management LLC, has been purchased for $335 million by Emerald Expositions Inc. owners of Outdoor Retailer trade show. Interestingly, in the on-going evolution of trade shows, outdoor and surf have grown closer, especially a seen at the summer OR shows where several surf brands have been exhibiting and participating […]
Abercrombie & Fitch continues on its rocky road to turn-around, and announced several initiatives at its November 6th meeting. However today, November 21, 2013, the financials came out reporting $15.6 million net loss. Sales were down 11.7% to $1.03 billion from $1.67 billion in Q3 last year. The transfer of Gilly Hicks to their Hollister […]
Story and Photos by Kathleen Gasperini and Tom Wallace Outdoor Retailer Winter Market wrapped up January 25, 2013 with a strong turn-out of winter sports enthusiasts as well as fashion industry leaders looking for the next styles in seasonal jackets, snow pants, yoga apparel, and technical backpacks. While it’s by far the most conservative show […]
The Topshop deal is stirring things up in British fashion as the high street powerhouse, Sir Philip Green, has now officially sold a 25% stake to Leonard Green & Partners, the owners of J Crew, garnering him some 500 million pounds. Topshop, also known for their high-voltage collaboration with Kate Moss and her collection which […]
We’re pleased to announce that Label Networks has been asked to present at Outdoor Retailer Winter Market on January 24, 2013 in Salt Lake City, UT. During each bi-annual trade show, the Outdoor Industry Association (OIA) offers a series of seminars at Outdoor Retailer aimed at enriching the experience of exhibitors, brands, media, and industry […]
In the continuing struggle to hang on, Billabong announced yesterday, November 18, 2012, that Paul Naude, Director of Billabong and President of the Americas will stand aside temporarily in order to investigate the possibility of putting forward a proposal for a leveraged buyout of the Company. Billabong has been struggling for some time. As a […]