Snowboarding, like Surfing, is going through major transition as reflected by a much weaker snow sports season from last year and lower sales moving into winter 2012-13 due to a difficult economy and the high pricetag of the sports of snowboarding and skiing in general. Burton’s announcement today regarding upcoming changes for the brand provided […]
It seemed inevitable, but it took awhile: Today, Wednesday, October 17. 2012, Nike announced it was ending it’s contract with Lance Armstrong. “Due to the seemingly insurmountable evidence that Lance Armstrong participated in doping and misled Nike for more than a decade, it is with great sadness that we have terminated our contract with him,” […]
After two crucial months of due diligence and negotiations, the private equity firm TPG has pulled its bid for taking over the beleaguered surf brand Billabong. Immediately, shares dropped to 82 cents. According to City Index chief market analysis Peter Esho, Billabong’s future is not looking good. “What we’re seeing today in the market is […]
Ironically, as the level of lawsuits in copyright infringement cases in youth culture fast-fashion continues to rise as more brands are suing and copying in an all-out war in our graphic-centric period of time, so too has the slow fashion movement gained momentum among various brands as the rise in craftivism takes centerstage. Levi’s Made […]
Fresh research and analysis released today from Label Networks’ 13th Fall Youth Culture Study reveals where shifts in the youth marketplace and various declines have also created new opportunities across a range of industries, such as fashion, technology, sports, electronics, music, entertainment, non-profits, sustainability issues, among others, based on new consumer insights among 13-25-year-olds across […]
Two-time Olympic snowboarding gold medalist and X Games skateboarding gold medalist Shaun White was busted on Monday, September 17, 2012 for charges of public intoxication and vandalism at Loews Vanderbilt Nashville hotel. According to a police report and related story from the Associated Press, police came to Loews Vanderbilt Hotel at 2 a.m. on Sunday […]
Whenever we hear that a teen retailer has hired Goldman Sachs Group it usually means there’s big news (or trouble) brewing at the brand. As we reported last month, the popular retail chain has been hit hard recently by off-trend fashion choices especially the heavy emphasis on colorful prep styles, and a variety of other […]
Label Networks releases new youth culture study, September 12, 2012—Los Angeles, CA While today’s youth culture of 13-25-year-olds is undoubtedly the most tech-savvy generation in the world, they also represent a new generation of hope that grew-up with recycling and a broader awareness about the environment, global warming, nuclear threats, and humanitarian issues affecting their […]
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 […]