FINANCE NEWS Archives

GLOBE’S MATT HILL ON HALF-YEAR DEC 30 RESULTS

Posted on March 2, 2021March 2, 2021
byEditor

ASB MAGAZINE: Globe International Limited recently announced its financial results for the six months ended 31 December 2020. The Group reported a significant increase in both sales and profitability compared……

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RIP CURL REPORTS RECORD 1H FY2021 RESULT

Posted on February 17, 2021February 17, 2021
byEditor

ASB MAGAZINE: Kathmandu Holdings has released their trading results for the 6 months until January 31, 2021 with Group total sales for 1H FY21 +12% above last year, including a full…

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VANS ‘PANDEMIC QUARTER’ UP 9% IN APAC, LED BY DIGITAL

Posted on February 2, 2021February 2, 2021
byEditor

ASB MAGAZINE: Below we report on VFC’s Q3 results, breaking out Vans, APAC region and digital and business transformation strategy, also viewable in the slideshow above. In summary, VF reported…

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ACCENT GROUP REPORTS 40% GROWTH

Posted on January 27, 2021
byEditor

ASB MAGAZINE: Accent Group reported that Group EBITDA for the half year ended 27 December 2020 is expected to be in a range of $95 million to $98 million. This…

VOLTE WETSUITS LAUNCH CROWD FUND CAMPAIGN

Posted on December 14, 2020December 14, 2020
byEditor

ASB MAGAZINE: Volte wetsuits have partnered with equity investment firm Crowdcube to offer shares in a crowdfunding venture. The company is raising funds to support ambitious growth plans in the…

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SURFING SURGE BOLSTERS RIP CURL RESULTS

Posted on December 2, 2020December 2, 2020
byEditor

Kathmandu recently released a trading update showing group sales for the first quarter of FY21, 72% above last year, benefiting from the addition of Rip Curl to the group. Rip Curl’s same store…

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BOARDRIDERS SUED OVER OAKTREE-BACKED RESCUE DEAL

Posted on October 14, 2020October 14, 2020
byEditor

As reported in ‘The Australian’, a group of investors intend to sue Boardriders Inc over a US$431 million financing package, saying it elevates the interests of a preferred group of…

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MOODY’S ASSIGNS B3 RATING DOWNGRADE TO BOARDRIDERS

Posted on September 28, 2020September 28, 2020
byEditor

ASB MAGAZINE: Moody’s Investors Service, has assigned a B3 rating to Boardriders Inc.’s new US$431 million Super Senior Credit Agreement. At the same time, Moody’s affirmed the company’s Caa1 corporate…

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BOARDRIDERS INC. DOWNGRADED TO ‘SELECTIVE DEFAULT’ ON S&P RATINGS

Posted on September 10, 2020
byEditor

ASB MAGAZINE: Standard & Poor (S&P) Global Ratings lowered its debt ratings outlook on Boardriders Inc after the company recently completed a transaction to provide needed liquidity and fund an…

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VF’S TOUGHEST Q1 – VANS HIT HARDEST BY COVID19

Posted on August 2, 2020August 4, 2020
byEditor

ASB MAGAZINE: Vans revenue declined 52 per cent in Q1 marking one of the most difficult quarters for Vans which has outperformed all other brands in the VF family for…

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JOBKEEPER EXTENDED UNTIL MARCH 2021

Posted on July 22, 2020July 22, 2020
byEditor

ASB MAGAZINE: It’s the good news surf retailers have been waiting for after June’s double digit growth (all categories) for retailers on our ActionWatch panel up +64.5% and bringing EOFY…

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SEAFOLLY GOES INTO VOLUNTARY ADMINISTRATION

Posted on July 1, 2020July 1, 2020
byEditor

ASB MAGAZINE: According to media reports elsewhere, iconic Australian bikini brand Seafolly has gone into administration, citing the crippling financial toll COVID-19 has taken on the retail sector. The women’s beachwear…

GLOBE’S MATT HILL ON HALF-YEAR DEC 30 RESULTS

RIP CURL REPORTS RECORD 1H FY2021 RESULT

VANS ‘PANDEMIC QUARTER’ UP 9% IN APAC, LED BY DIGITAL

ACCENT GROUP REPORTS 40% GROWTH

VOLTE WETSUITS LAUNCH CROWD FUND CAMPAIGN

SURFING SURGE BOLSTERS RIP CURL RESULTS

BOARDRIDERS SUED OVER OAKTREE-BACKED RESCUE DEAL

MOODY’S ASSIGNS B3 RATING DOWNGRADE TO BOARDRIDERS

BOARDRIDERS INC. DOWNGRADED TO ‘SELECTIVE DEFAULT’ ON S&P RATINGS

VF’S TOUGHEST Q1 – VANS HIT HARDEST BY COVID19

JOBKEEPER EXTENDED UNTIL MARCH 2021

SEAFOLLY GOES INTO VOLUNTARY ADMINISTRATION

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