Misha’s Domino Theory
Robert Amsterdam (September 30th, 2008) Writes:
Robert Amsterdam (September 30th, 2008) Writes:
QualityStocks (September 8th, 2008) Writes:
Trading on NASDAQ, Pacific Sunwear of California Inc. is a leading lifestyle specialty retailer of everyday casual apparel, accessories, and footwear. As part of the Apparel Stores industry, the company has their corporate headquarters in Anaheim, California. Their store concept finds its roots in the youth culture and fashion trends of Southern California.
The company began in 1980 as a small surf shop in Newport Beach, California although under a different moniker. With California’s cooler winter seasons moving beach-goers off the beaches and into the malls, the surf shop moved there as well. They began opening surf shops in malls and by 1987 had 21 stores.
It was in 1989 when the company first expanded outside of California. They opened stores on the East Coast where they began to sell long pants and sleeves as appropriate to climactic conditions there. They began to sell bigger t-shirts and pants, baggy jeans and other
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