Coastal Contacts Inc

Type: Company
Name: Coastal Contacts Inc
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Shoe retailer was born after Zappos left Canada

Sean Clark, founder and CEO of Canadian online footwear retailer ShoeMe.ca, had several figurative doors slammed in his face by brand-named footwear distributors and traditional retailers when he first started out. “They believed Internet equals discount ... [Published Globe and Mail - Jul 25 2014]
First reported Jul 24 2014 - Updated Jul 24 2014 - 1 reports

How to Plan a Corporate Retreat

Summer is the season for corporate retreats, and a bit of planning can prevent cubicle strife from turning into cabin feverIf you were asked to define quality time, you might not automatically think of an intimate weekend of cycling, wine tasting and ... [Published BCBusiness Magazine - Jul 24 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 2 reports

Eyewear E-Tailer's Next Step Will Be Shoes In Canada

When U.S.-based shoe retailer Zappos decided to pull out of the Canadian market back in 2011, there were a lot of sad fashionistas north of the border. Roger Hardy, founder and former CEO of online contact and eyewear retailer Coastal Contacts Coastal ... [Published Atlanta Journal And Constitution - Jul 22 2014]
First reported Jul 17 2014 - Updated Jul 18 2014 - 1 reports

Hardy Capital Partners Acquires ShoeMe.ca And OnlineShoes.com To Step Into Footwear Industry

Canadian merchant bank Hardy Capital Partners has acquired and consolidated OnlineShoes.com and ShoeMe.ca to create the largest online footwear business based in Canada.The joint company will have more than 250 employees, with collective annual revenue ... [Published Retail TouchPoints - Jul 17 2014]
First reported Jul 15 2014 - Updated Jul 15 2014 - 7 reports

An e-commerce veteran buys two online shoe sellers

Roger Hardy, who in February sold web-only eyewear company Coastal Contacts for $385.7 million, will consolidate OnlineShoes.com and ShoeMe.ca.Roger Hardy, fresh off the sale of web-only eyewear company Coastal Contacts Inc. , is onto a new e-commerce ... [Published InternetRetailer.com - Jul 15 2014]
First reported Jun 26 2014 - Updated Jun 26 2014 - 1 reports

Planning Corporate Retreats

Summer is the season for corporate retreats, and a bit of planning can prevent cubicle strife from turning into cabin feverIf you were asked to define quality time, you might not automatically think of an intimate weekend of cycling, wine tasting and ... [Published BCBusiness Magazine - Jun 26 2014]
First reported Jun 09 2014 - Updated Jun 09 2014 - 1 reports

ShoeMe.ca Acquires Talent from Zappos, YYOGA and Coastal Contacts Inc. to Expand Its Executive Team

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 9, 2014) - ShoeMe.ca, one of Canada's fastest growing e-commerce companies, today announced it's appointed three impactful hires to its executive team. Aaron Brown, one of the original senior members ... [Published Marketwire - Breaking News Releases - Jun 09 2014]
First reported Apr 22 2014 - Updated Apr 22 2014 - 1 reports

Coastal Contacts Inc. Launches Eco-Friendly Eyeglass Collection

Company Donates a Tree for Every Pair of Evergreen Glasses Sold ... [Published Marketwire - Breaking News Releases - Apr 22 2014]
First reported Mar 17 2014 - Updated Mar 17 2014 - 1 reports

Frontrunning: March 17

Putin Is No Mad Man to Russians as Power Play Trumps Economy ( BBG ) Alibaba picks U.S. for IPO; in talks with six banks for lead roles ( Reuters ) Russia hearts selling German energy: Billionaire Fridman’s L1 Buys RWE Unit for $7.1 Billion ( Bloomberg ... [Published Zero Hedge - Mar 17 2014]
First reported Mar 05 2014 - Updated Mar 05 2014 - 1 reports

Cutler Awarded Contract to Design Clearly Contacts Retail Stores

Cutler (Cutler DC Projects Ltd.), a Vancouver based Interior Design and Project Management firm, announced today that it has entered into an agreement with Clearly Contacts (Coastal Contacts Inc.). Cutler (Cutler DC Projects Ltd.), a Vancouver based Interior ... [Published PRWeb - Mar 05 2014]
First reported Feb 27 2014 - Updated Feb 28 2014 - 1 reports

Essilor to buy Canadian online retailer Coastal Contacts for $387-million

Essilor International SA, the world’s biggest maker of eyeglass lenses, agreed to buy Coastal Contacts Inc. for $430 million to expand in online retailing in North America. Coastal stockholders will receive $12.45 a share, Charenton-le-Pont, France-based ... [Published Financial Post - Top Stories - Feb 27 2014]
First reported Feb 27 2014 - Updated Feb 27 2014 - 1 reports

Why Coastal Contacts (COA) Hit An All-Time High Today

NEW YORK (TheStreet) -- Coastal Contacts  soared to an all-time high of $11.34 on Thursday after the online retailer of contact lenses and eyeglasses announced that Essilor International would acquire it for approximately CAD$430 million. Essilor, a ... [Published The Street Latest - Feb 27 2014]

Quotes

"The footwear category in North America is estimated at more than $50 billion and there are large segments of the population being grossly underserved" said Hardy in a statement
"We are determined to redefine the shopping experience for North AmericanAmerican consumers while delivering the savings and convenience they've come to expect from other online categories."
"We rate COASTAL CONTACTS INC (COA) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow."
More From BioPortfolio on "Coastal.com to Present at Wedbush California Dreamin' Consumer Conference December 10, 2013"

More Content

All (30) | News (20) | Reports (0) | Blogs (5) | Audio/Video (0) | Fact Sheets (1) | Press Releases (4)
sort by: Date | Relevance
Shoe retailer was born after Zappos left Canada [Published Globe and Mail - Jul 25 2014]
How to Plan a Corporate Retreat [Published BCBusiness Magazine - Jul 24 2014]
Eyewear E-Tailer's Next Step Will Be Shoes In C... [Published Atlanta Journal And Constitution - Jul 22 2014]
Eyewear E-Tailer's Next Step Will Be Shoes In C... [Published Forbes.com - Jul 22 2014]
Hardy Capital Corp. acquires online footwear re... [Published Chain Store Age - Jul 18 2014]
Hardy Capital Partners Acquires ShoeMe.ca And O... [Published Retail TouchPoints - Jul 17 2014]
An e-commerce veteran buys two online shoe sellers [Published InternetRetailer.com - Jul 15 2014]
Founder of Coastal Contacts now heading group t... [Published News 1130 - Jul 15 2014]
Canadian buys Seattle's OnlineShoes.com [Published Seattle TechFlash - Jul 15 2014]
Roger Hardy Buys ShoeMe.ca and OnlineShoes.com [Published BCBusiness Magazine - Jul 15 2014]
Clearly Contacts Founder Steps Into Shoe Busine... [Published Tech Vibes - Jul 15 2014]
ClearlyContacts.ca founder Roger Hardy places h... [Published Canadian Business Magazine - Jul 15 2014]
Coastal.com Founder Steps Into Shoe Business wi... [Published 4 Traders - Jul 15 2014]
ClearlyContacts founder steps into shoe business [Published Globe and Mail - Jul 15 2014]
Coastal.com Founder Steps Into Shoe Business wi... [Published Marketwire - Breaking News Releases - Jul 15 2014]
Canadian buys Seattle-based OnlineShoes.com [Published Seattle Times - Jul 15 2014]
Planning Corporate Retreats [Published BCBusiness Magazine - Jun 26 2014]
ShoeMe.ca Acquires Talent from Zappos, YYOGA an... [Published Marketwire - Breaking News Releases - Jun 09 2014]
Coastal Contacts Inc. Launches Eco-Friendly Eye... [Published Marketwire - Breaking News Releases - Apr 22 2014]
Frontrunning: March 17 [Published Zero Hedge - Mar 17 2014]
Coastal.com Announces First Quarter 2014 Financ... [Published GlobeNewswire: Education News - Mar 14 2014]
Cutler Awarded Contract to Design Clearly Conta... [Published PRWeb - Mar 05 2014]
Why Coastal Contacts (COA) Hit An All-Time High... [Published The Street Latest - Feb 27 2014]
Essilor to buy Canadian online retailer Coastal... [Published Financial Post - Top Stories - Feb 27 2014]
Essilor International Agrees to Acquire Coastal... [Published GlobeNewswire: Advertising News - Feb 27 2014]
Coastal.com to Present at the 26th Annual ROTH ... [Published GlobeNewswire: Advertising News - Feb 25 2014]
Coastal.com and DreamWorks Animation Team Up fo... [Published GlobeNewswire: Advertising News - Feb 14 2014]
Wedbush Hosts California Dreamin’ Management Ac... [Published PRWeb - Dec 10 2013]
Coastal.com to Present at Wedbush California Dr... [Published BioPortfolio - Dec 02 2013]
Fact Sheet for Coastal Contacts Inc [Published Silobreaker - Mar 12 2010]
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Blogs

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Coastal.com Founder Steps Into Shoe Business wi... [Published Marketwire - Breaking News Releases - Jul 15 2014]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 15, 2014) - Roger Hardy, Founder and former CEO of optical giant Coastal Contacts Inc., today announced his company, Hardy Capital Partners, along with a small group of prominent Canadian investors, ...
ShoeMe.ca Acquires Talent from Zappos, YYOGA an... [Published Marketwire - Breaking News Releases - Jun 09 2014]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 9, 2014) - ShoeMe.ca, one of Canada's fastest growing e-commerce companies, today announced it's appointed three impactful hires to its executive team. Aaron Brown, one of the original senior members ...
Coastal Contacts Inc. Launches Eco-Friendly Eye... [Published Marketwire - Breaking News Releases - Apr 22 2014]
Company Donates a Tree for Every Pair of Evergreen Glasses Sold ...
Frontrunning: March 17 [Published Zero Hedge - Mar 17 2014]
Putin Is No Mad Man to Russians as Power Play Trumps Economy ( BBG ) Alibaba picks U.S. for IPO; in talks with six banks for lead roles ( Reuters ) Russia hearts selling German energy: Billionaire Fridman’s L1 Buys RWE Unit for $7.1 Billion ( Bloomberg ...
Essilor to buy Canadian online retailer Coastal... [Published Financial Post - Top Stories - Feb 27 2014]
Essilor International SA, the world’s biggest maker of eyeglass lenses, agreed to buy Coastal Contacts Inc. for $430 million to expand in online retailing in North America. Coastal stockholders will receive $12.45 a share, Charenton-le-Pont, France-based ...
1

Press Releases

sort by: Date | Relevance
Coastal.com Announces First Quarter 2014 Financ... [Published GlobeNewswire: Education News - Mar 14 2014]
Essilor International Agrees to Acquire Coastal... [Published GlobeNewswire: Advertising News - Feb 27 2014]
Coastal.com to Present at the 26th Annual ROTH ... [Published GlobeNewswire: Advertising News - Feb 25 2014]
Coastal.com and DreamWorks Animation Team Up fo... [Published GlobeNewswire: Advertising News - Feb 14 2014]
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