CFA, WELLS FARGO: Invitation to next "Crystal Ball" breakfast session, "Private Label vs Branded Manufacturing."
STOKES ME: SIMA Humanitarian Fund campaign kicks off this week with "Add-A-Buck" promotions in 76 core-store doors.
Details on Industry Insight.
Billabong has cut its forecast for the 2008-09 financial year citing softness at the wholesale and retail level, particularly in the U.S.
The company said it is trying to avoid deep discounting where possible to maintain brand equity.
Unfortunately, the company publishes releases in a PDF format that discourages cutting and pasting.
Here's a link to the Billabong investment website on the Australian stock exchange. Click on the top company announcement dated 4/12/08 (Dec. 4, 2008).