Ann: Change in substantial holding, page-9

It's pretty unlucky that two of their markets are going through politically unstable times.

I don't know about surfing circles but my New York mates tell me lots of their left leaning mates are pretty despondent at the moment. No idea how that will translate for sales of young adult action sports clothing. America is so large it's impossible gauge.

I'm curious to see. What the brand strategy is going to be. Sonars should have had time to restructure and put a plan together by now.