Sponsors
Billabong ▼ -0.025 | PPR ▲ +0.35 | American Apparel ▲ +0.022 | The Buckle ▲ +0.57 | Columbia ▼ -0.13 | Deckers Outdoor ▲ +0.50 | Dicks ▼ -0.77 | Foot Locker ▲ +0.33 | Genesco ▲ +0.62 | Iconix Brand Group ▼ -0.41 | Jarden Corp ▼ -0.43 | Nordstrom ▼ -0.42 | Luxottica ▼ -0.42 | Nike ▲ +0.13 | Pacific Sunwear ▲ +0.06 | Skullcandy ▼ -0.14 | Sport Chalet - 0 | Urban Outfitters ▲ +0.61 | VF Corp ▼ -0.22 | Quiksilver ▼ -0.05 | Zumiez ▼ -0.02 | Macys ▲ +0.14 | Tillys ▼ -0.04 |
Ticker Sponsor
Professional Services
Friedman Stroffe & Gerard, P.C.

FSG’s Action Sports Practice Group provides legal services to the action sports industry. Our clients include surfers, skiers, snowboarders and skaters, as well as sponsors and leading apparel companies. Our attorneys serve in positions with industry organizations such as the Association of Surfing Professionals. We know your business and can provide full-service legal solutions to meet your organizational needs.

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Industry Insight
News and Advice from our Sponsors


Here you'll find the 10 most recent articles from our sponsors, covering about the past 2 weeks.


To find older articles from our sponsors, please use the search bar below, and type the company name, author name or any appropriate keyword.

 


NACM’s Credit Managers’ Index for February on a Decline

By Andrew Horan, President, Shop-eat-surf.com

The February report of the Credit Managers’ Index (CMI) from the National Association of Credit Management (NACM) significantly dropped this month, an unexpected decrease given where projections were a few months ago. The monthly economic indicator’s combined scored declined to 53.2 in February, down from 55.1 in January.

“That is a nasty drop and at no point in the last year has it been that low,” said Chris Kuehl, Kansas City-based NACM economist. “In December it stood at 54.9 and that was seen as bad enough. The reduction in the overall score was reflected in reductions across the board­­—favorable and unfavorable factors and in both the manufacturing and service sectors.”

The survey measures activity in manufacturing and service sectors among business-to-business credit professionals. According to the survey, the index of favorable factors fell to 57.2 and sales dropped to 59.—both categories falling from the 60 range since March 2014. The new credit applications category also set a record, dropping from 58.3 to 54.4.

“The one piece of positive news was dollar collections as they moved from 60.1 to 62.8, but the only way to describe amount of credit extended is collapse,” Kuehl explained. “In January, it was at 62.2 and now it sits at 52.1. That is a nearly catastrophic decline and one that is worse than anything seen in close to three years. It would not be an understatement to assert that there is suddenly a credit crunch manifesting and that hasn’t been an issue since 2009.”

Other categories that declined in February include the Index of unfavorable factors, rejections of credit applications, disputes, dollar amount beyond terms, and filing for bankruptcies. Showing a small increase included accounts placed for collection and dollar amount of customer deductions.

For a full breakdown of the manufacturing and service sector data and graphics, view the complete February 2015 report at http://web.nacm.org/CMI/PDF/CMIcurrent.pdf. CMI archives may also be viewed on NACM’s website at http://web.nacm.org/cmi/cmi.asp.

ROTH Capital Partners 27th Annual Growth Stock Conference, March 8-11, 2015

By Ted Roth, President & Head of Institutional Sales, ROTH Capital Partners

ROTH Capital Partners (ROTH), a relationship-driven investment bank focused on serving emerging growth companies and their investors, will host its 27th Annual Growth Stock Conference March 8-11, 2015, at The Ritz Carlton, located at 1 Ritz Carlton Drive, Dana Point, Calif.

One of the largest of its kind, ROTH’s flagship three-day investment conference brings together executives from more than 530 public and private companies and approximately 1,000 investors. The event provides attendees with investment ideas across a variety of sectors, including Business Services, Consumer, antech and Industrial Growth, Energy, Healthcare, Oil and Gas, Mining, and Technology & Media. Company presentations, Q&A sessions, panels and management one-on-one meetings offer investor clients opportunities for extensive interaction with executive management to gain in-depth insights into each business and sector.

"This is our flagship conference, and we look forward to this event each year," said Byron Roth, CEO of ROTH. “We believe that our conferences provide participants with a unique opportunity to gain insight into emerging growth companies across a variety of sectors while also socializing and enjoying themselves in a beautiful setting. For over 26 years, ROTH has served as a trusted partner and advisor to our clients, and we intend to continue on the forefront of identifying opportunities for their benefit. We look forward to another productive event.”

Over the past year, ROTH has expanded its research team in the Healthcare, Cleantech & Industrial Growth, Resources and Technology sectors and now has 18 analysts covering 245 companies. The firm initiated new coverage on 79 companies in 2014, and as a result, more than 35% of this year’s attending management teams are presenting for the first time at the ROTH conference.

As in prior years, ROTH’s research team has assembled a number of keynotes and panels designed to educate and promote sector-specific discussion, including:

* Shareholder Activism
* Cyber Security Keynote on “Managing Risk before it Manages You” by Governor Thomas J. Ridge, former U.S. Secretary of Homeland Security
* “Shock & Awe” - Impact of Lower Oil Prices
* Special presentation by Martin E. Franklin, Founder and Executive Chairman of Jarden Corporation (NYSE: JAH)
* M&A Market Outlook discussion on the Mining Sector
* Building Your Brand in 2015
* Latest Trends in the Solar Industry (US, China, Japan, Financing/Yieldcos, etc.)

There will be over 60 private companies at this year’s conference which reflects the continued improvement in the IPO market in 2014, which brought 299 companies to the public market. Since the enactment of the JOBS Act in 2012, small-cap IPO volume has nearly doubled to 108 new issues in 2014. While the volume remains below levels seen in the mid-1990s, we believe this improvement trend will continue. In 2014, ROTH participated in 8 IPOs, representing about $350 million in proceeds. We expect that Healthcare and Technology will continue to lead the way and are encouraged to provide a strong representation from these sectors at this year’s event. (IPO data sourced from Dealogic & ROTH Capital Partners | 2.11.15)

On Tuesday, there will be four panels to provide additional private company insight. The first panel is on Uplisting to a US National Exchange, followed by a Venture Capital panel on “Inside the Growth Tornado”. During the afternoon, we will present an “IPO readiness panel” which will provide updates on the state of the IPO Market, the IPO process, listing alternatives and legal, regulatory and insurance considerations when going public, as well as a second VC panel on “#siliconvalley”.

Sponsors
The conference provides a rich environment for business development opportunities and is a powerful and effective marketing platform targeting key decision makers. A partial list of conference sponsors at the time of this announcement includes:

Premier Level
Equisolve, LLC

Diamond Level
Hogan Lovells International LLP
Loeb & Loeb LLP

Platinum Level
Craft Brew Alliance, Inc.
DLA Piper LLP
Karl Strauss Brewing Company
Lowenstein Sandler LLP
Marcum LLP
REED's
Vintage
William O'Neil

Gold Level
AlphaSense
Baker Tilly
Bloomberg L.P.
Dickinson Wright PLLC
Friedman LLP
IRTH Communications
K&L Gates LLP
OTC Markets Group
Pacific Stock Transfer
Power Plate
Pryor Cashman LLP
Shearman & Sterling LLP
Wall Street Transcript/MeetMax

Silver Level
AHT Insurance Azunia Tequila
BridgeBank
Business Wire
CBIZ MHM LLC/Mayer Hoffman McCann PC
CKR Law
Corporate Stock Transfer
Equities.com
Financial Buzz Media
GBH CPAS, pc
Genesis Select Corporation
Goodwin Procter
Greenberg Traurig, P.A.
Hayden IR, LLC
JMJ Financial
Katten Muchin Rosenman LLP
Locke Lord LLP
Lucosky Brookman LLP
MaloneBailey, LLP
Merrill Corporation
Montalvo Spirits, Inc.
Morgan, Lewis & Bockius, LLP
MZ Group
Nasdaq
National Association of Corporate Directors
NYSE New York Stock Exchange
OKAPI Partners
Pillsbury Winthrop Shaw Pittman LLP
ReedSmith LLP
Richardson & Patel, LLP
S&P Capital IQ
S2 Filing
SEC Compliance, Inc.
Sichenzia Ross Friedman Ference LLP (SRFF)
Stonegate Capital Partners
Stroock & Stroock & Lavan LLP
Szaferman Lakind Blumstein & Blader, P.C.
The Piacente Group, Inc.
The Trout Group LLC
Thomson Reuters
Troutman Sanders LLP
ZAG-S&W

Participant Level
Bike Religion
Challenged Athletes Foundation
Cleantech San Diego
CleanTech-OC
CONNECT
Crank & Grind
Dorsey & Whitney LLP
Eastside Distilling, Inc.
Edgar Agents, LLC
Financial Profiles, Inc.
GRIT – Cycle
HII Technologies (HIIT)
House of Lync
International Energy Insurance Brokers
Inventure Foods (SNAK)
Liolios Group, Inc.
Lulu Lemon
Moss Adams LLP
Oil & Gas Investor
pm2net
Safety Quick Light
Salt Life / Delta Apparel (DLA)
SeeThruEquity
Shop-Eat-Surf
Scullcandy (SKUL)
Weinberg & Company

Conference Website
For more information about this invitation-only conference – including agenda and web cast schedule – please visit: www.roth.com.

8 Ways to Boost Your Efficiency Every Day

By Owais Farooqui, Sales Development & Marketing, NuORDER
 

Everyone wants to improve their productivity and generally accomplish more at work. This is especially important if you are a project manager or work in a similar role. You need to supply your team with the tools they need to perform effectively – and that means making sure you’re as efficient as possible with your time.
 
Here are eight ways to make the most of the workday.
 
A little personal willpower (e.g., putting away your phone and not “living” in your email inbox), simple planning, and the right software can mean the difference between scraping by and excelling at work.
 
Start with the easy ones and work up to the rest. You'll be more relaxed and accomplish more on a daily basis!
 
 
 

Surfrider Plays Cupid for the Coast

By Katie Ferguson, Communications Manager, Surfrider Foundation

This Valentine's Day the Surfrider Foundation celebrated its love for our oceans, waves and beaches by raising awareness about the importance and value in protecting the nation’s coasts.

“Many of the special coastal places that we enjoy every day are being threatened,” says Surfrider Foundation’s Chief Executive Officer Dr. Chad Nelsen. “We need to ensure that management decisions consider the health of the environment, as well as recreational uses that provide important economic and social benefits.”

Each year, millions of Americans visit the coast, generating billions of dollars in related expenditures. The Surfrider Foundation believes management decisions about new development cannot be made without considering the consequences to the coast and the users and businesses that depend upon it. For example, proposed oil drilling off the Mid- and South Atlantic will have major implications for marine ecosystems, the natural beauty and the wild life that surrounds them, coastal businesses and the more than 123 million people (39% of the population) who inhabit coastal shoreline counties in the United States.  The federal government must consider these impacts in its ongoing evaluation processes.

To address this need, the Surfrider Foundation is leading coastal and ocean recreation studies around the nation. Conducted with the support of government agencies, these studies are collecting data on what activities people participate in, where these uses occur, and the related economic benefits.

“Understanding how people use and enjoy these special coastal places will inform and guide important regional planning efforts,” says Pete Stauffer, the Surfrider Foundation’s Senior Ocean Manager.

To date, the Surfrider Foundation and partner Point 97, a leader in technology solutions for ocean and coastal management, have completed recreational use studies in Oregon and the Mid-Atlantic. More recently, Surfrider has launched studies in Washington State and New England. These studies collect data from recreational users on non-consumptive activities such as beach going, surfing, kayaking, diving, and wildlife viewing. Study results include spatial data (e.g., maps) and economic impact data.

People who form a strong bond with a special coastal place, or several, whether it is for a surf break or to simply enjoy its natural beauty, are encouraged to get involved and learn the issues that could destroy these places.

Encourage your clients to learn more at Surfrider.org, and let me know if you would like additional information on any of our programs.

Moss Adams Webcast - Lean ERP: Plan Now for Tomorrow's Success

By Frank Kaufman, National Retail Practice Leader, Moss Adams

Lean ERP: Plan Now for Tomorrow's Success
Friday, February 27
10:00 a.m.-11:00 a.m. PT
Complimentary Webcast | 1 CPE Credit

Undertaking process optimization projects, whether it’s customizing or upgrading your enterprise resource planning (ERP) systems, preparing for a system selection, or discovering inefficiencies within your existing processes, present countless opportunities for company-wide process improvements and can help you plan for future growth, increase your return on investment (ROI), and create a culture of continuous improvement.

Companies either grow and change, or struggle. However, when it comes time to implement the IT systems that spur growth, change, and modernization, as many as half of these implementation projects fail due to a lack of pre-ERP process improvement work.

During this webcast, we will discuss how you can improve your bottom line, increase operational effectiveness, and prepare for a successful system acquisition. Using Lean principles, we will demonstrate how the information gathered during an initial ERP assessment equips you to assess your technology environments, evaluate organizational structures, optimize systems and processes, and implement plans to meet your future growth and technology needs.

Please forward this invitation to those on your team that will benefit from this information.

Register here

Copiers: Still Boring, But Big Cost-Savers

By John Mooney, Vice President and Co-Founder, BeSpoke Office Solutions LLC

It’s one of the most mundane items in your office. The brunt of curses and jokes, and even a laugh at the office holiday party, the lowly photocopier.  But it’s that very same photocopier which can help your business recover costs that you may have not been paying attention to.

Although digital technology is supposed to reduce the amount of paper being used, the average office worker is still using more than 10,000 sheets of paper per year. In fact according to the Gartner Group, office printing consumes up to 3% of a company’s annual revenue.  Let’s think about that. A company with $15 million in revenue will spend up to $450,000 on document output every year.  And fashion and apparel companies have a much greater demand in designing their brand thereby spending more for color output, proofs and, regrettably, waste.

The salt on this wound is that equipment acquisition is generally up to 10% of these costs with 90% or more on supply costs. (Supplies, managing multiple types of systems, maintenance contracts, time to retrieve documents)

While having a small desktop printer for each user may be convenient, it can be seriously costly. Print cartridge yields are rated at only 5-6% coverage which means a fully printed document can run up the costs and, with color, we’ve seen page costs easily surpassing $1.00 per page.

Printing costs from your printer are totally based on what’s on the page. If you’re one of the few who only print a paragraph of text you’ll be lucky if it costs you what the supply cost comes to, generally $.015 per page.  For the normal world, we print much more - reports, invoices, Power Point presentations, contracts, and suddenly that  $.015 promised is looking like a nickel-per-page, seven and a half cents per page, ten cents per page - it just keeps going.

This is where your lowly copier comes in.  Since the 2000’s, most multifunction copiers have had the ability to function as the central hub for all of a company’s document functions thereby eliminating the need for desktop printers.  With faster speeds and higher toner yields than a standalone printer, businesses can lock in print costs for the length of the equipment leases. That 17 part contract? That lease agreement? That Power Point presentation that you needed to hand out to everyone? All can be printed out at a significant savings of up to 30% or more of the cost of doing it on your printers.

“But what about my confidential documents?” With the addition of security features in today’s copier systems along with password protected virtual mailboxes, users have the ability to send jobs privately to be retrieved as needed so nothing gets left for prying eyes. 

So you’ve streamlined the office, reduced your printing costs significantly and now you have a closet full of printers. Now what?  This is where you can put those printers to good use. Organizations like the National Cristina Foundation’s (www.cristina.org) online nonprofit locator enables donors of used computers and other electronic hardware to select a local charity or school in their area of the country to receive their donation of equipment. So now you’re saving your company, and you’re making a difference.

Having a strong document output strategy provides reduced costs, increased productivity, sustainability and most importantly helps you concentrate on what’s most important, running your business.

Our Community Impact in 2014

By Corinne Baughman, Tax Partner, Moss Adams

We’re invested in the places in which we and our clients live and work. We sponsor community events and organizations because we believe in supporting dialogue and our communities. Both are an integral part of our core values, and they connect us with our community - that's why we thought you would be interested to know more about some of the key initiatives we're invested in.

Read more here.

Register Now for Agenda Las Vegas, February 16-18, 2015

By Mike Carter, Vice President, Sales and Marketing, AGENDA Trade Show

Pre-registration is required to attend.

AGENDA LAS VEGAS

February 16-17, 2015 | 10am - 6pm
February 18, 2015 | 10am - 4pm

Sands Expo at the Palazzo- Map
201 Sands Ave.
Las Vegas, NV 89169

Click here for a list of AGENDA Las Vegas Exhibitors

Agenda Las Vegas Summer 2014 Recap from Agenda Tradeshow on Vimeo.

 

 

Industry Rewarded with Fresh Snow, Bluebird Skies and Good Times at 2015 On-Snow Demo/Ski-Ride Fest & Nordic Demo

By Elizabeth Hurst, Communications Manager, SnowSports Industry America (SIA)

2015 On Snow Demo/Ski-Ride Fest - Daily Dose 3 from SnowSports Industries America on Vimeo.

At this week's 2-day On-Snow Demo/Ski-Ride Fest & Nordic Demo (Feb. 2-3) at Copper Mountain nearly 140 brands were on hand showing off next year's models of skis, snowboards, boots, poles, helmets and accessories for buyers and media to compare side-by-side on the snow. Hitting the mountains and trails is the perfect follow-up to last week's 2015 SIA Snow Show and Sourcing Snow (Jan. 29 - Feb. 1) at Denver's Colorado Convention Center.

The industry was rewarded with fresh snow both mornings and bluebird skies in the afternoons, bringing good vibes and big smiles all around.

“It’s been amazing. All of us girls, we just got together and had a champagne toast for Nikita. Now we’re all out riding, and having such a great time. It’s really exciting to be one of the only women-specific snowboard brands here today. Just being here, joining in the spirit of everything, it’s great. For us to all be able to ride together, with our reps from all over the country, our global team, and Heida, our founder who’s here from Iceland, it’s super special.” - Kristen Archdeacon, National Sales Manager and Vicki Vasil, Brand Manager, Nikita.

“It’s been great. Fresh snow in the morning and now we have bluebird skies so everyone’s happy. We think the Demo is a great representation of our brand. We feel like it’s so important for us to be here, to talk to all our retailers, and for them to be able to see us face to face, and for us to hear what they have to say.” - Joey Herman, Demo Manager, Never Summer

“It’s really fun for us to get out on the mountain to try some new product. It’s been going great for us today, we’ve demoed a lot of boards and it helps us so much to test them out in person after seeing them at the Show. We’re having an awesome time,” said Christopher Lee, buyer, Empire Sports, Montreal Canada.

The On-Snow Demo is held in-conjunction with the Western Winter Sports Representatives Association (WWSRA) Rocky Mountain Demo and in partnership with the Cross Country Ski Areas Association (CCSAA) for the Nordic Demo. A complete list of On-Snow Demo alpine, snowboard and Nordic exhibitors is available here.

The Nordic Demo, located in Copper’s East Village, featured the latest in skate skiing, classic cross country, touring and snowshoeing. The Demo’s custom built 5K Nordic trail system incorporated short test loops and varied terrain - perfect for testing, product comparisons or just enjoying the view. Nordic Demo exhibitors include Atomic, Fischer, Madshus, One Way, Rossignol, Salomon, Start, and SWIX.

“This is our second season and we came as a team so we can bounce ideas and discuss what we have seen.  To have the ability to have firsthand knowledge of the product gives us great confidence in the selling.  That is how we get repeat customers,” said Patrick Coffey, White Pine Touring, Park City, UT.

The Demo’s annual Uphill/Downhill Challenge once again gathered “the weak, strong and the thirsty” to help raise funds for The American Institute of Avalanche Research and Education (AIARE). Teams competed against their own best times and COSMIC levels.

In the COSMIC level, First Place Men’s was Marshall Thompson and Women’s was Sari Anderson. For the Industry level, First Place Women’s was Annelise Loevlie and Men’s was Mike Genaver. First place in the Team level was Dynafit’s “Colorado Edibles,” Second place went to La Sportiva’s “Uno,” and Third went to Team Mowhawk.

“Race was fantastic! Brutal climb in the beginning - the descent through the trees was heinous - so awesome though! Overall, super fun and so glad to be here again.” - Marshall Thompson, US Ski Mountaineering Team.

“I took it more like a ski tour, not a race - I enjoyed it a lot!”  - Kimberly Plake, Elan

This year’s Demo also played host to its first Rhythm Rally, a banked slalom race to benefit Adaptive Action Sports (AAS) winter programs. Teams of five riders (including one female rider) put together a cumulative time for the title of Rally Champs.

1st place team winner was Surf N Turf which included Cameron Hunter, Silas Morgan, Mike McKellar, Cody Warble, Terri Mayrer, 2nd place went to Team Weekly News and 3rd place was Team Hard Boot. Men’s Adaptive results; 1st place Zachary Miller, 2nd Jay Gaines and 3rd Dustin Fleming. Women’s Adaptive 1st Brenna Huckaby, 2nd Amy Purdy and 3rd Meghan Harmon.  Men’s Able Body; 1st Lucas Dehmlow, 2nd Alex Pashley, 3rd Christian Deoliveira.  Women’s Able Body; 1st Adi Smith, 2nd Teri Mayrer, 3rd Courtney Newberg.

“The event was very successful the course was fast and fun some people even re-registered just to run it again. The after party was packed and the silent auction and raffle was smooth and successful!” said Mallory Gemlo, AAS Events/Programs Assistant Coordinator.

Adaptive Action Sports, based in Copper Mountain was co-founded by U.S. Paralympic snowboarder Amy Purdy in 2005, also SIA’s keynote speaker at the Snow Show’s INDUSTRY + INTELLIGENCE gathering before the Snow Show.

For more information on 2015 SIA Snow Show go to: SIAsnowshow.com. For 24/7 updates on all things 2015 Snow Show, check SIA’s Latest  and follow SIA on Twitter, Facebook and Instagram. We’ll be sending highlights before and during the Show to keep you in the know. Use #SIA15, #SIA15intel and #SIA15demo to join the conversation.

 

 

Experience the Aloha of Group Ukulele Lessons at SHACC

By John Bernards, Director of Development, SHACC

Monthly Lessons Begin Tuesday, February 17th

The Ukulele is a fun, traditional Hawaiian instrument that sings in the key of aloha. SHACC is pleased to announce that we are now offering our members monthly group ukulele lessons for just $8 per session.
Non-members can join SHACC online  to be eligible to participate, or may sign up for membership onsite prior to class.

Lessons will take place on the third Tuesday of each month from 7:30 - 9:00 pm beginning February 17. Classes will be instructed by Lincoln Kaio. Lincoln was born and raised in Laie, Oahu and is the brother of accomplished Hawaiian surfer, Kealoha Kaio. A colorful, talented and fun-loving man, Lincoln enjoys sharing Hawai'i's traditional music through his ukulele classes. His ukulele group, ULU, has been entertaining at events and parties throughout Southern California for years.

Lincoln is also the hula musician for Halau O Lilinoe/Na Pua Me Ke Aloha, a halau (Hawaiian hula dance studio) started by his wife, Sissy Kaio, in 1980. Their hula group performs annually at the prestigious Merrie Monarch Festival on the island of Hawai'i, where they have garnered numerous awards.