Volcom Inc. (VLCM) Continues to Carry a Large Cash Balance as it Works Toward 10 New Retail Doors by 2008-end
Although the retail picture for many apparel companies has been a bit less encouraging then many would like, some have been riding a wave that has yet to crest. Playing to the tween and teen markets always seems to find that little extra disposable income as this demographic strives to stay in style. A company that can tap into this demographic is one that will find many sources of “way-cool” profit. Volcom Inc., a retail brick and mortar/online marketer of young people’s apparel, works to serve an apparel lifestyle niche oriented toward board sports such as surfing, skate boarding and…