Globe International (ASX: GLB)

Globe International (ASX: GLB) Produces and distributes footware and skateboarding gear

1985

FOUNDED

MICRO

SIZE

CONSUMER DURABLES + APPAREL

Industry

Product / Service

  • Globe produces and distributes purpose-built apparel, footwear and skateboard hardgoods (decks, wheels, trucks) for the boardsports, street fashion and workwear markets

  • Globe develops and distributes its own in-house proprietary footwear and apparel brands, including Globe and those under the Dwindle Distribution division such as Almost, Enjoi, Blind, Cliche, and Dusters

  • Globe also distributes third party brands, such as Girl, Lakai, Chocolate, Flip, Skate Mental and Thrasher, for the Australian and New Zealand markets through its Hardcore Distribution and 4Front divisions

  • Globe operates three business units by geography:

    • Australasia

    • North America

    • Europe

History

  • Globe was established as Universal Skateboard Importers in 1985 by three Australian brothers

  • The company was renamed Hardcore Enterprises in 1986

  • Die Hard Distribution was established in 1988

  • The Globe shoes brand was established in 1994

  • Hardcore, Die Hard and the Globe brand merged to form Globe International in 2000, subsequently listing on the ASX in May 2001

Customers

  • Globe’s customers are consumers

Operations

  • The company is headquartered in Melbourne

  • The company's operations are worldwide

Profitability Table

Year Revenue % change EBITDA % change
FY 2009 118   -4.5  
FY 2010 91.7 (22.3) 5.5 P
FY 2011 88.5 (3.5) 2.9 (47.3)
FY 2012 83.1 (6.1) 1.7 (41.4)
FY 2013 84.1 1.2 -4.7 L
FY 2014 104 23.7 2.4 P
FY 2015 138 32.7 6.2 158
FY 2016 151 9.3 6.8 9.7 

Fun Facts

  • Matthew Hill’s (CEO) total remuneration for FY 2016 was $1.2m

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