Sponsors
Billabong ▲ +0.015 | PPR ▼ -0.05 | American Apparel ▼ 0.000 | The Buckle ▲ +0.43 | Columbia ▲ +11.34 | Deckers Outdoor ▲ +0.21 | Dicks ▲ +0.44 | Foot Locker ▲ +0.40 | Genesco ▲ +0.46 | Iconix Brand Group ▼ -0.10 | Jarden Corp ▲ +0.15 | Nordstrom ▲ +0.15 | Luxottica ▲ +0.16 | Nike ▲ +0.70 | Pacific Sunwear ▲ +0.010 | Skullcandy ▲ +0.10 | Sport Chalet - 0 | Urban Outfitters ▼ -0.19 | VF Corp ▲ +0.31 | Quiksilver ▼ -0.024 | Zumiez ▼ -0.07 | Macys ▲ +0.12 | Tillys ▲ +0.05 |
Ticker Sponsor
Professional Services
Intrepid Investment Bankers

Intrepid Investment Bankers is a specialty investment bank that provides M&A, capital raising and strategic advisory services to middle-market companies across various industry sectors.  We have a unique culture rooted in our founders’ successful 30-year history of advising entrepreneur and family-owned businesses, financial sponsors and major corporations. We believe that every company has an entrepreneurial passion that drives it and a story that defines it.  We deliver unconventional results through our unique ability to tell each client’s story, and drive relentless execution through senior banker immersion in each process. We augment our international capabilities through our membership and active participation in M&A International Inc., an exclusive global alliance of select independent middle-market M&A advisory firms. Member FINRA/SIPC.  Follow Intrepid

More Professional Services...
Readers Say
The most up-to-date information
The most up-to-date information

“Shop-Eat-Surf is a great source for the most up to date information of what is going on in our industry. I always enjoy reading the articles and appreciate the effort from Tiffany and her team."

- By Richard Woolcott, CEO and Founder, Volcom
Always a good daily read
Always a good daily read

Shop-Eat-Surf creates a good source of timely information about the industry. The site makes all types and size companies feel part of a community where everyone is stoked to hear about other companies successes and ideas. It is always a good daily read.

- By Ted Li, VP of North America, Oakley
Industry Insight

SIA: Cooling down NYC with annual Summer Snowdown media event.
CIT: West Coast team featured in Fashion Manuscript.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Fox rises at PacSun in 2008

By Tiffany Montgomery
April 01, 2009 6:29 AM

Fox became one of the top three brands as a percentage of net sales for PacSun in 2008, overtaking Volcom, according to Pacific Sunwear's annual report released today.

Fox accounted for 9 percent of total net sales, Quiksilver-owned brands 10 percent and Billabong-owned brands 11 percent.

In fiscal 2007, the top three companies were Quiksilver-owned brands 12 percent, Billabong-owned brands 10 percent, and Volcom 6 percent.

Also of note, Pacific Sunwear shed a total of 5,000 employees in 2008, a 31 percent reduction. The company now has 11,000 employees.

The biggest decline came with part-time workers. The company ended fiscal 2008 with 7,500 part-time employees vs. 11,500 at the end of 2007.

Corporate headquarters and the distribution center lost 100 jobs during 2008, and now have 600 employees vs. 700 last year.

PacSun ended 2008 with 932 stores, 22 less than the previous year.

 


More on: PacSun, Volcom, sales, Fox

Articles You Might Have Missed