Sponsors
Billabong ▼ -0.010 | PPR ▼ -2.60 | American Apparel ▲ +0.02 | The Buckle ▼ -1.25 | Columbia ▼ -0.51 | Deckers Outdoor ▲ +0.02 | Dicks ▲ +0.03 | Foot Locker ▼ -0.56 | Genesco ▼ -1.04 | Iconix Brand Group ▼ -0.25 | Jarden Corp ▼ -0.80 | Nordstrom ▼ -0.43 | Luxottica ▼ -0.86 | Nike ▼ -0.68 | Pacific Sunwear ▼ -0.03 | Skullcandy ▼ -0.04 | Sport Chalet ▼ 0.00 | Urban Outfitters ▼ -0.30 | VF Corp ▼ -0.24 | Quiksilver ▼ -0.09 | Zumiez ▼ -0.76 | Macys ▼ -0.21 | Tillys ▼ -0.10 |
Ticker Sponsor
Readers Say
Keeps me in the loop
Keeps me in the loop

Being an Executive Edition member allows me to not miss a beat when it comes to the Industry business news. Definitely keeps me in the loop plus goes great with my morning joe.

- By Tony Perez, Surfer and Surfing magazines
Since the inception of Executive Edition, I only need 1 stop
Since the inception of Executive Edition, I only need 1 stop

As a retailer in the surf industry for the past 21 years, I have had to use multiple sources to stay informed to the news within surf. Since the inception of the Executive Edition of Shop-Eat-Surf.com, I need only one stop. Thanks for providing such a valuable tool to all of us in the industry. Shop-Eat-Surf is a must read for all of our staff at Maui Nix.

- By George Karamitos, CEO, Maui Nix
Industry Insight

SDSI: Sports and active lifestyle employment outlook.
AGENDA: Last chance to register for NYC show.
MLA: Legal risk management of staging modern sports experiences in non-traditional settings.
Details on Industry Insight.


Tiffany Montgomery
Print This Article

The Closet leaving Triangle Square

By Tiffany Montgomery
August 20, 2007 6:12 AM

The Closet is closing up shop at Triangle Square in Costa Mesa later in the fall and moving across the street to a new 10,000-square-foot space, owner Billy Stade told me the other day.


The new location on Newport Boulevard at the corner of 18th Street will include a Closet boutique, cafe, art gallery and book store. It will also serve as the corporate headquarters for the four-store chain, known for carrying a mix of upscale surf lines mixed with other fashion brands.


Billy StadeBilly Stade, owner of four The Closet stores. Executives at
local brands brag when their clothes land in his stores.

Billy, 37, has another new project. He and Ambiguous Industries founder and president Frank Delgadillo teamed up on a new "aristocratic surf line," The Smooth Co. A story I wrote about Smooth Co. is out today in the Orange County Business Journal, www.ocbj.com


Billy said he's investing in these new projects even though it's been a tough year for specialty retail.


"The luxury stores are doing good and the H & Ms and Forever 21s are doing good," he said. The sector in between is having a harder time, he said.


At The Closet, same-store sales are down but he's "holding tough." At Fashion Island, his store was hurt by the opening of American Rag, which caters to the same customer. In Santa Monica, The Closet's first store outside Orange County, people aren't as familiar with the brand.


"It's all survivable," he said. "We just have to ride it out."


And it's not stopping him from launching new projects like the expanded retail and corporate headquarter space in Costa Mesa and the new clothing line.


"I've got to go for it and try to be a hero," Billy said.


Articles You Might Have Missed