PROFESSIONAL EDITION
SURFSTITCH TIPPED FOR IPO
ASB MAGAZINE: According to reports in The Australian Financial Review (AFR), SurfStitch’s parent company Alceon is eyeing a cash injection and is believed to be eager to package up its…
WHAT’S DRIVING GLOBES SHARE PRICE GAINS OF 281%?
ASB MAGAZINE: Short answer is good management and disciplined approach. For the long tail version (and our Professional Edition members) we reached out to twice BRW Magazine analyst of the……
GLOBE HALF-YEAR RESULTS: APAC SALES UP 12% DRIVEN BY WORK-WEAR DIVISION.
ASB MAGAZINE: Globe International Limited announced its financial results for the six months ended 31 December 2018. Compared to the prior corresponding period (pcp), the Group reported an increase in…
DHD WITHDRAW FROM CROWDFUNDING CAMPAIGN
ASB MAGAZINE:In July 2018, DHD and Modom launched a crowd funding campaign with innovative online equity firm Equitise. This week it was announced the offer has had to be withdrawn due…
VANS REVENUE CLIMBS 23% + FULL PRESENTATION SLIDE DECK
ASB MAGAZINE: VF Corporation (NYSE: VFC) reported financial results for its third quarter ended December 29, 2018. These results include the divestiture costs related to the sale of Reef®, which totalled…
SOME THINGS YOU NEED TO KNOW ABOUT THE DHD SHARE OFFERING
ASB MAGAZINE: Darren Handley is offering the opportunity to invest in DHD Surf with an investment as small as $250. Not via the traditional method of a share market listing,…
PART TWO: RIP CURL CEO MICHAEL DALY BREAKS DOWN THE COMPANIES FY18
As we noted in our previous Professional Edition breakdown of Rip Curl’s FY18, and despite the doomsday headlines of a 46% decline in profits, gross margins at Rip Curl rose…
PART ONE: WE TAKE A DEEPER DIVE ON RIP CURLS PROFIT DIVE
ASB MAGAZINE: Last week we reported Rip Curl had released its results for the 2018 financial year, showing a 46% drop in reported profits. The media were quick to pounce, with…
[UPDATE ]VFC COMPLETES THE SALE OF REEF TO THE ROCKPORT GROUP FOR $139.4M
ASB MAGAZINE; VF Corporation (NYSE: VFC), announced that it has completed the sale of the Reef® brand to The Rockport Group (Rockport). A leading maker of casual and dress shoes, Rockport…
RIP CURL POSTS +$9M NET PROFIT FOR FY18
ASB MAGAZINE: Privately held Rip Curl Group has posted a net profit after income tax of $9,857,000 for the financial year ended June 30, 2018 returning strong dividends to its shareholders…
VANS TARGETS $5 BILLION IN REVENUE BY 2023
ASB MAGAZINE: Vans, a division of VF Corporation is hosting an investor meeting today at the brand’s headquarters and will provide details of its plan to grow revenue by $2…
VANS ROLLS OUT RETAIL STORES
ASB MAGAZINE: Vans will expand its Australian retail footprint under the Accent Group with new stores set to open in Perth and Brisbane. Today’s news also follows an interview Accent…