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Parent company of Gucci/Puma buys Volcom for $607.5 Million

 
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chriscut
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PostPosted: May 02, 2011 10:12 am    Post subject: Parent company of Gucci/Puma buys Volcom for $607.5 Million Reply with quote

http://www.boardistan.com/?p=22966
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GnarShredd
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Joined: 24 Jan 2009
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PostPosted: May 02, 2011 10:48 am    Post subject: Reply with quote

Interesting, sucks because Electric and Volcom were one of the very few brands still out on their own but probably a good call financially (at least for the people who owned the company).

Volcom was always the anti-company, now what?
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A.Rodriguez
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Joined: 23 Mar 2011
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PostPosted: May 02, 2011 10:51 am    Post subject: Reply with quote

GnarShredd, Now we wait for the prices to go up.
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bachlonso
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PostPosted: May 02, 2011 11:00 am    Post subject: Reply with quote

no fücking way! what am I supposed to do now, being that volcom nerd that I am Crying or Very sad
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GnarShredd
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PostPosted: May 02, 2011 11:04 am    Post subject: Reply with quote

R6aries, I don't think prices will go up so much as quality will go down and prices will stay the same.

They'll go the same way as Reef did when VF bought them. They'll be more present in big-name department stores, be giving less opportunity to the small shops, and reducing the quality and innovation within the brand.

All that's left now is Billabong and Quiksilver as the surf-industry titans.
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jcoffey
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Joined: 24 May 2008
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PostPosted: May 02, 2011 11:26 am    Post subject: Reply with quote

thats one reason I support underground and do a lot of shopping at http://www.karmaloop.com / http://www.karmaloop.com/kazbah-homepage.asp
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A.Rodriguez
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Joined: 23 Mar 2011
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PostPosted: May 02, 2011 11:42 am    Post subject: Reply with quote

GnarShredd, no matter what given a little time, this brand is going to suck.
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texasT
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Joined: 21 May 2010
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PostPosted: May 02, 2011 1:28 pm    Post subject: Reply with quote

you know i have no idea what is going to happen with the company, but just like with everything else, i'm not going to buy it unless it's fuggin badass. so volcom better step their game up otherwise i'm out.

hopefully they don't kill cool contests though, like the kickflip a surfboard one.

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GnarShredd
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PostPosted: May 03, 2011 1:45 pm    Post subject: Reply with quote

R6aries, Agreed.
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Guy
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Joined: 14 Jul 2006
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City: Orillia

PostPosted: May 04, 2011 1:40 pm    Post subject: Reply with quote

I quit buying name brands years ago. Mostly because of the ridiculous cost.
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-=AlexXx=-
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Joined: 09 Aug 2004
Posts: 17488
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PostPosted: May 04, 2011 11:32 pm    Post subject: Reply with quote

Guy, ya im with you man, i only buy from target now lol cant beat a 7 dollar shirt, i cant believe i used to pay 20 bux for one before... dear god.
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