Author Topic: Volcom up for sale soon  (Read 1099 times)

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Ghost Face

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Volcom up for sale soon
« on: January 16, 2018, 11:32:49 PM »
Volcom will be sold “when the time is right” and when a positive solution presents itself for both Kering and the brand, says CFO Jean-Marc Duplaix.

https://sasportstrader.wordpress.com/2018/01/16/owner-wants-to-redistribute-puma-shares/
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EmilioBestevez

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Re: Volcom up for sale soon
« Reply #1 on: January 16, 2018, 11:42:32 PM »
And this is relevant to the brand because?  I mean, they are already owned by Kering (owners of Gucci, YSL, etc).   It’s not like they can sell out more.

metsuri

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Re: Volcom up for sale soon
« Reply #2 on: January 16, 2018, 11:52:28 PM »
And this is relevant to the brand because?  I mean, they are already owned by Kering (owners of Gucci, YSL, etc).   It’s not like they can sell out more.

New ownership might affect the budgets i.e. the team.

Ghost Face

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Re: Volcom up for sale soon
« Reply #3 on: January 17, 2018, 12:03:53 AM »
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And this is relevant to the brand because?  I mean, they are already owned by Kering (owners of Gucci, YSL, etc).   It’s not like they can sell out more.
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New ownership might affect the budgets i.e. the team.

Yeah, the team is pretty stacked.

I find these industry things interesting, the buying/selling/merging etc, even though they don't affect me at all. Like the Billabong/Boardriders thing for instance.
Jerrys Kid : "I work at my real job like I'm a pro skater. Years of work can be summarized to about 3 minutes worth of actual achievements."