surfstitch bankrupt swell fcs stab magic seaweed out of business

SurfStitch has had better days. There was a time, only a few short years ago, when money was rolling in. But business has gone south very fast, in fact losing $500-million in months, on top of serious management issues with dirty partnership splits and more:

“SurfStitch (SS for short) is an ecommerce retailer through the three sites SurfStitch.comSurfdome.com, and Swell.com.  It also has three sites it calls media platforms; Magicseaweed.comStabmag.com and Garageentertainment.com.”

 

Action sports business expert Jeff Harbaugh poured over their annual results and it’s not looking pretty. So what does that mean for their media and hardgood companies like STAB, Magic Seaweed, FCS, + more???

 

Click over to hear the expert Jeff Harbaugh‘s thoughts on SurfStitch Annual Results- Wow! And Not in a Good Way.