FINANCE NEWS Archives

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…

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VANS HYPER CUSTOMER CENTRIC APPROACH IS WINNING

Posted on May 18, 2020May 18, 2020
byEditor

ASB MAGAZINE: Shares of VF Corp. dropped Friday as the owner of VANS took a hit from the coronavirus economic shutdown. VF, whose North American stores have been closed since…

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COVID-19: SME RENT RELIEF IS NOW AT HAND

Posted on April 8, 2020April 8, 2020
byEditor

ASB MAGAZINE: There’s no shortage of advice for SME’s available online and we at ASBMAG are trying to help narrow the focus by providing a snapshot of the key benefits available…

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INSIDE KATHMANDU HALF YEAR RESULT & $207 MILLION EQUITY RAISING

Posted on April 2, 2020
byEditor

Dual listed Kathmandu Holdings Limited announced its first half FY20 results, and a fully underwritten $207 million Equity Raising, via a pro-rata accelerated entitlement offer. The offer is aimed at…

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KATHMANDU x RIP CURL – THE BALL AND THE CHAIN.

Posted on March 31, 2020March 31, 2020
byEditor

ASB MAGAZINE: Rip Curl released a trading update on its website announcing that online sales would remain open and operational throughout this period. Rip Curl’s warehouses are operating under advice from…

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CONDENSED ECONOMIC STIMULUS + SME SURVIVAL UPDATE

Posted on March 27, 2020
byEditor

ASB MAGAZINE: We’ve been contacted by many surf retailers asking what can be done and what is being done for them as the Coved-19 situation continues to evolve on a…

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TIGERLILY ENTERS VOLUNTARY ADMINISTRATION

Posted on March 24, 2020
byEditor

ASB MAGAZINE: According to reports in the mainstream press, former Billabong owned swimwear brand Tigerlily has gone into voluntary administration, citing the impact of COVID-19 as one of the reasons…

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AFTERPAY’S AFTERYAY DAY 2020

Posted on March 19, 2020March 19, 2020
byEditor

ASB MAGAZINE: Afterpay’s AfterYAY sale starts today until March 20, 2020. If previous AfterYAY Day sales are anything to go by, this sale is yet another online sale frenzy that has the potential to…

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MOODY’S DOWNGRADES BOARDRIDERS. OUTLOOK STABLE

Posted on March 4, 2020
byEditor

ASB MAGAZINE: Moody’s Investors Service (“Moody’s”) downgraded Boardriders, Inc.’s ratings, including the corporate family rating to Caa1 from B3, probability of default rating to Caa1-PD from B3-PD, and secured term…

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

VANS HYPER CUSTOMER CENTRIC APPROACH IS WINNING

COVID-19: SME RENT RELIEF IS NOW AT HAND

INSIDE KATHMANDU HALF YEAR RESULT & $207 MILLION EQUITY RAISING

KATHMANDU x RIP CURL – THE BALL AND THE CHAIN.

CONDENSED ECONOMIC STIMULUS + SME SURVIVAL UPDATE

TIGERLILY ENTERS VOLUNTARY ADMINISTRATION

AFTERPAY’S AFTERYAY DAY 2020

MOODY’S DOWNGRADES BOARDRIDERS. OUTLOOK STABLE

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