Tag Archives : Spy

SPY Inc. Reports Net Sales of $9.1 million for the Three Months Ended March 31, 2015

SPY Inc. Reports Net Sales of $9.1 million for the Three Months Ended March 31, 2015

SPY Inc. (OTCBB: XSPY) today announced financial results for the three months ended March 31, 2015. First quarter sales were $9.1 million in 2015, a decrease of 0.7% or $0.1 million less than in the first quarter of 2014. The decrease in our net sales was primarily driven by lower sales of our sunglasses, partially offset by higher sales in our goggles and prescription frame product lines. Gross profit as a percentage of net sales was 54.8% for the quarter ended March 31, 2015, compared to 52.0% for the same period in 2014. “I am quite happy with our results this first quarter, with only a slight dip in our sales trend despite the continued contraction of the action sports retail sector and the detrimental shift in global exchange rates,” said Michael Marckx, SPY president and CEO. “In fact, excluding those areas impacted by the very negative exchange rate changes, our business would have once again enjoyed substantial growth in the first quarter. Despite these challenges we achieved an improved operating profit margin driven by stronger gross margins, which were made possible by the success of our newer premium products across all categories. We are very excited about the increases...
Filed in: Eyewear, Industry Info
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Spy Happily Expands Eco-Conscious Recompose Collection With Non Toxic Revolution

Spy Happily Expands Eco-Conscious Recompose Collection With Non Toxic Revolution

SPY® is Happy to expand its eco-conscious Recompose Collection with the SPY + Non Toxic Revolution (NTR) Discord—a limited edition eco-conscious frame made from 100% biodegradable Plantate™ and featuring the Happy Lens™. Inspired by the posters that Shepard Fairey and his team at Studio No. 1 created exclusively for Non Toxic Revolution, the NTR Discord is constructed from an all-natural plant polysaccharide material, printed with eco-friendly material and arrives with two different lens options—Happy Grey Green and Happy Grey Green with Red Spectra™—inside fully recycled packaging. Part of SPY’s ongoing collaboration with Non Toxic Revolution and Keep A Breast Foundation, a portion of each sale will go toward helping its mission of informing, educating and inspiring young people to choose non-toxic products to help reduce instances of breast cancer. Now available in stores and online, MSRP for the SPY + NTR Discord is $130. FEATURES: • Made with 100% biodegradable Plantate™—an all-natural plant polysaccharide material • Available with the innovative SPY Happy Lens—a color contrast enhancing lens technology that studies suggest creates an uplift in mood and...
Filed in: Eyewear
Spy Ken Block Series Happily Returns With Seven Styles For Stellar Smiles

Spy Ken Block Series Happily Returns With Seven Styles For Stellar Smiles

SPY® is happy to introduce its 2015 Ken Block Livery Series—a collection of frames inspired by the bold patterns and highly recognizable cosmic color pallet of Ken’s 2015 livery. Overhauled for maximum smiles per hour, the collection arrives with the Happy Lens™ in several of SPY’s most popular styles—the Discord, Cyrus, Bowie, Logan, Dirk, Flynn—in addition to Ken’s signature Helm. Designed to complement Ken’s 2015 intergalactic Livery, each style burns bright with purple and blue hues offset against vibrant Spectra™ lenses. Available now in stores and online, the Ken Block Livery Series is available with Happy Grey Green with Purple Spectra™, Happy Bronze with Light Blue Spectra™, Happy Grey Green with Pink Spectra™ or Happy Grey Green lenses. View the 2015 SPY Ken Block Livery Series video at http://youtu.be/P0emqN5h4rg. FEATURES: The Bowie, Cyrus and Discord are built from high-quality propionate The Dirk, Flynn, Helm and Logan are built from virtually indestructible Grilamid® Available with the innovative SPY Happy Lens—a color contrast enhancing lens technology that studies suggest creates an uplift in mood and alertness Helm features a bonus set of...
Filed in: Eyewear
Spy Whips Up Third SnowX Signature Goggle With Tucker Hibbert

Spy Whips Up Third SnowX Signature Goggle With Tucker Hibbert

SPY® is Happy to roll out the latest collaboration with SPY athlete and Snocross World Champion Tucker “T-Train” Hibbert—the signature SPY + Tucker Hibbert Whip SnowX goggle. “I’m really excited about my 2015 signature SPY goggle,” says Tucker Hibbert. “The green we fused into the design really reflects my style. Aside from the killer design, the technical features are what make this goggle my top choice for both snocross and motocross. One of the biggest challenges snowmobilers face on the track and trail is their lens fogging up. SPY’s anti-fog duel lens has never failed me.” Blending SPY’s highly advanced MX and snow goggle technologies, the signature Tucker Hibbert Whip is a tough and technical goggle ready to wreak havoc in any winter wonderland or MX track. Boasting an anti-fog dual lens for snow conditions and a bonus single-pane lens for MX riding, the Tucker Hibbert Whip is the ultimate crossover star, just like the man himself. The Whip also features SPY’s patented Scoop® ventilation system, triple layer Isotron™ face foam, dual-injected nose guard and a flexible polyurethane frame for comfort. Shattering the record for most back-to-back gold medals...
Filed in: Eyewear
Spy’s Crosstown Collection Happily Welcomes Four New Styles

Spy’s Crosstown Collection Happily Welcomes Four New Styles

SPY® is Happy to introduce four new styles and a multitude of colorways to its Crosstown Collection—a premium line of handmade offerings inspired by the echoes of SPY’s West Coast heritage. Exuding the essence of the collection, the Trancas, Mulholland, Emerson and Presidio feature SPY’s innovative Happy Lens™, rich acetate frames, mixed metal accents and lustrous details.   TRANCAS Take in the view through a sturdy handmade acetate frame designed for the cat on the move. Available with the innovative SPY Happy Lens—a color contrast enhancing lens technology that studies suggest creates an uplift in mood and alertness Comes with a premium leather case and leather leash Constructed from luxurious handmade acetate 6-base Nylon lenses Sturdy 5-barrel hinges FRAME COLOR/LENS OPTIONS: Black with Happy Gray Green Lens Black with Happy Gray Green Polar Lens Matte Black with Happy Gray Green Lens Classic Camo with Happy Gray Green Lens Plum Camo Tort with Happy Bronze Lens Scarlet with Happy Merlot Fade with Gold Mirror Lens The Trancas is available here. MULHOLLAND Forever daydream in a handcrafted geometric shape built from stainless steel and handmade acetate. Available...
Filed in: Eyewear
Applause Rings Out for Quick-Change Lens System

Applause Rings Out for Quick-Change Lens System

SPY® is happy to introduce the Bravo, a midsized frame available with SPY’s patent-pending Happy Lens™ and Lock Steady™ lens change system—the quickest and easiest fingerprint-free lens change system ever. Worthy of a standing ovation for its technical nature, the Bravo boasts a quick-change lens system and a midsized frame for a more universal fit without compromised function, acting as your first line of defense against the ever-changing elements of Mother Nature. Available with the first Lens with Benefits in snow, SPY’s Happy Lens™ helps riders Feel Better by letting in the “good” rays that studies suggest create an uplift in mood and alertness, while still blocking all of the “bad” rays. Debuting its color and contrast-enhancing properties for the first time on hill, the Happy Lens™ provides a tack sharp visual experience and will also help riders See Better and Perform Better by relaxing their eyes to reduce fatigue, as well as making it easier to distinguish changes in terrain. BRAVO FEATURES: Available with the innovative SPY Happy Lens—a color contrast enhancing lens technology that studies suggest creates an uplift in mood and alertness Features...
Filed in: Eyewear
Spy’s Innovative Happy Lens Meets The Performance Series

Spy’s Innovative Happy Lens Meets The Performance Series

SPY® is Happy to introduce its innovative, patent-pending Happy Lens™ technology into a selection of its most popular Performance Series styles—the Screw, Screw Over, Screw Under, Daft, Cutter, Libra, Alpha and Quanta. The first-ever performance Lens with Benefits, SPY’s Happy Lens helps athletes Feel Better by letting in the “good” rays that studies suggest create an uplift in mood and alertness, while still blocking all of the “bad” rays. Providing a tack sharp visual experience, the Happy Lens will also help riders See Better and Perform Better by relaxing eyes to reduce fatigue, as well as making it easier to distinguish objects on and off the road. A recent consumer study conducted by Tragon Corp. found that SPY’s Happy Lens is the overwhelming choice for U.S. sunglass wearers, rating higher than the participating consumer’s current sunglasses in all statements relating to mood, emotions and comfort. Learn more about the SPY Happy Lens at www.spyoptic.com/happy. PERFORMANCE SERIES FEATURES: Available with the innovative SPY Happy Lens—a color contrast enhancing lens technology that studies suggest creates an uplift in mood and alertness Built from virtually...
Filed in: Eyewear
John John Florence Stays Happy At Spy

John John Florence Stays Happy At Spy

SPY® is happy to announce John John Florence—one of the most exciting names in surfing—will continue to carry the torch for SPY after signing a multi-year deal. “John John has been a part of SPY’s happy family for a decade already, so we couldn’t be happier that we get to continue working with such a rad and influential athlete,” says Devon Howard, SPY marketing director. “Like John John’s career the past few years, SPY too has blown things up a bit thanks in part to our revolutionary Happy Lens™ and the fun, disruptiveness surrounding it.” Capturing attention since he first contended with Pipeline at the age of seven, Florence has transitioned from childhood prodigy to seasoned vet at age 21—becoming the youngest Triple Crown of Surfing champion in history, claiming an ASP world tour win and the ASP Rookie of the Year title in 2012, as well as ASP Maneuver of the Year in 2013. Recently finishing equal third in the Billabong Pro Tahiti, Florence’s run saw him score ten nine-point rides and a perfect ten, cementing his status as a world-class surfer. Releasing a series of secretive video parts that shook the surf world, John John will follow up acclaimed shorts...
Filed in: Eyewear
Spy Hooks Professional Fisherman And Outdoor Ambassador Conway Bowman

Spy Hooks Professional Fisherman And Outdoor Ambassador Conway Bowman

SPY® is Happy to announce professional fisherman Conway Bowman has joined the team and will now wear the innovative Happy Lens™ technology with Trident™ polarization—the ultimate lens for the outdoors—while sight casting for the world’s most sought after fish. A San Diego native and all around waterman, Bowman is an expert in all fishing disciplines, but his name has become synonymous with “extreme” fly-fishing and is known for his pursuit of Mako sharks on the fly. An avid advocate for shark conservation, Bowman helps to raise funds for research and tagging shortfin Mako sharks through his annual Flying Mako Charity Tournament, in addition to educating anglers on his signature catch and release technique. “We are happy to have one of today’s best all-around fishermen as part of our SPY family,” says Devon Howard, SPY marketing director. “Conway is well-known for his bold fly fishing approach on salt water, but is truly a renaissance man on the ocean, splitting his time between surfing and fishing year-round from either a stand-up paddleboard or small craft platform. He understands the demands of each fishing discipline, and has already validated our Happy...
Filed in: Eyewear
SPY Unveils the LEO: A Lightweight Navigator That’s Heavy on Style and Built for the Outdoors

SPY Unveils the LEO: A Lightweight Navigator That’s Heavy on Style and Built for the Outdoors

SPY is Happy to introduce the Leo, an update on the classic navigator featuring the innovative SPY Happy Lens™, Hytrel™ temple tips, and small temple openings for leash attachment. A technical piece that will allow you to slip by undetected, the Leo is a midsized navigator built from lightweight, forged monel alloy and is new to SPY’s outdoor offering this season. FEATURES: • Built from lightweight, forged monel alloy with 8×4-base polycarbonate (PC) lenses and silicone nose pads • Available with the innovative SPY Happy Lens—a color contrast enhancing lens technology that studies suggest creates an uplift in mood and alertness • Available with SPY’s Trident™ polarized technology, which blocks 99% of the sun’s glare • Hytrel temples tips become tackier when wet to ensure a comfortable fit in all conditions • Small opening at end of each temple for easy leash attachment HAPPY LENS: SPY’s color and contrast enhancing Happy Lens is the first and only sunglass lens technology designed to allow in the sun’s “good” rays (long-wave blue light) that studies suggest create an uplift in mood and alertness, while still blocking the sun’s “bad” rays (short-wave...
Filed in: Eyewear
Spy Ken Block Series Happily Returns With Six Styles For All Smiles

Spy Ken Block Series Happily Returns With Six Styles For All Smiles

SPY® is happy to introduce its 2014 Ken Block Series—a collection of frames inspired by the bold patterns and highly recognizable color pallet of Ken’s 2014 livery. Overhauled for maximum smiles per hour, the collection arrives with SPY’s Happy Lens™ in several of SPY’s most popular styles—the Discord, Cyrus, Flynn, Dirk and Logan—in addition to Ken’s original SPY piece, the Helm. “I’m stoked on my expanded 2014 SPY Series,” says SPY athlete Ken Block. “I love the Helm—especially since I had a hand in shaping the design of the frame—but I wanted to see if SPY could take the look of my 2014 team livery and spread it across different frames so that my fans could all rock a style that worked best for them. The crew over at SPY was able to do some amazing graphic layouts on each of these frames to make them look really fresh while still being easily recognizable as one of my signature items. I might be slightly biased, but I think this is my best collection yet with SPY.” Dropping an assortment of custom crafted graphic treatments onto each piece to create six unique frames, the 2014 Ken Block Series lays out grey digital stripes and bright blue...
Filed in: Eyewear
Spy Celebrates Two Decades Of Smiles With The Happy 20 Collection

Spy Celebrates Two Decades Of Smiles With The Happy 20 Collection

SPY® is happy to introduce the Happy 20 Collection—three limited edition styles designed to celebrate two decades of putting Happy smiles on the faces of people everywhere. Pushing the research and development envelope both technologically and aesthetically, the Happy 20 Collection includes three unique sunglasses featuring the Happy Lens™ that reaffirm where we started, where we’re at, and what the future holds. “SPY has now been on the vanguard of eyewear evolution for twenty years,” says Michael Marckx, SPY president and CEO. “The Happy 20 Collection combines our distinct design heritage with our current technologies to make something for people who have been with SPY all along and for those who are just hopping on the train. Plus, we give a nod to where we are all headed. In any form, we promise you’re in for a fun ride.” A limited edition collection, Happy 20 is built with recycled metals and SPY’s 100% biodegradable Plantate™ frame material. Additionally, all three Happy 20 styles feature SPY’s Happy Lens—a lens technology that lets in the sun’s “good” rays that studies suggest create an uplift in mood and alertness, while still blocking the sun’s...
Filed in: Eyewear
First Lens with Benefits Available to Those in Need of Vision Correction

First Lens with Benefits Available to Those in Need of Vision Correction

SPY® (OTCBB: XSPY) is happy to announce the release of its groundbreaking proprietary Happy Lens™ technology in Rx form to eye care providers for 2014. The first-ever Rx lens with benefits, Happy Lens Rx will be available through www.spydigitalrx.com—SPY’s B2B online ordering system that enables accounts to order the SPY Happy Lens™ with a patient prescription directly. “We’re proud to announce that the innovative SPY Happy Lens™ is now available in prescription form,” says Jim Sepanek, SPY executive vice president. “The inclusion of our proprietary Happy Lens™ technology will allow those who need vision correction to not only see better, but also feel better and perform better. It’s another great technological advancement in eyewear that’s only available from SPY.” The biggest breakthrough in sun lens technology in decades, Happy Lens™ is the first and only lens technology specifically designed to maximize the transmission of the sun’s “good” rays. Developed in collaboration with leading eyewear industry veteran Jim Pritts, the Happy Lens™ patent-pending technology blocks the sun’s harmful UV rays and short-wave blue light (“bad” rays), while...
SPY® Brand Products Achieved Annual Growth of 8% in 2013 over 2012

SPY® Brand Products Achieved Annual Growth of 8% in 2013 over 2012

SPY Inc. (OTCBB: XSPY) today announced financial results for the three months and year ended December 31, 2013. Annual sales of our SPY® brand products were $37.7 million in 2013, an increase of 8% or $2.6 million, compared to $35.1 million in 2012. SPY® brand annual sales included slightly higher closeout sales of $2.8 million in 2013, compared to $2.6 million in 2012. Sales from our discontinued licensed brand products, which are no longer a focus of the Company, were less than $0.1 million in 2013, compared $0.5 million in 2012. Total Company net sales increased by 6% or $2.2 million, to $37.8 million for the year ended December 31, 2013, compared to $35.6 million for the year ended December 31, 2012, primarily as a result of increased sales of our snow goggle and optical products. Fourth quarter sales of our SPY® brand products were $8.6 million in 2013, an increase of 7% or $0.5 million over the fourth quarter of 2012. The fourth quarter SPY® brand sales included higher closeout sales of $0.7 million in the fourth quarter of 2013 compared to $0.6 million in the fourth quarter of 2012, or a $0.1 million increase. Total Company net sales increased by 6% or $0.5 million, to $8.6...
Filed in: Eyewear, Industry Info
Spy’s Louie Vito In The Pipe And On The Mic At X Games

Spy’s Louie Vito In The Pipe And On The Mic At X Games

SPY® is Happy to announce two-time X Games medalist and Olympian Louie Vito will compete in and co-host the 2014 Winter X Games in his signature SPY + Louie Vito Marshall. Inking a three-year co-hosting deal, Vito will add broadcasting to his current bag of tricks for both summer and winter X Games. “I have always been a huge supporter of X Games since I was a kid, so I was stoked at the opportunity to join the ESPN/X Games family,” said Louie Vito. “Being a competitor in the event, I look forward to bringing insight to the fans watching worldwide.” Performing in-air and on-air for the duration of X Games 18, Vito will commentate on multiple disciplines in addition to competing in Men’s Superpipe Thursday, January 23. A must-have during competition, Louie Vito will don his signature SPY Marshall snow goggles during the Men’s Superpipe event. Combining performance-tested technology with graphic detailing that harkens back to his Ohio state roots, the SPY + Louie Vito Marshall marks SPY’s fourth collaboration piece with the X Games host. Vito’s signature goggle also includes a custom “LV” signature patch and a special edition goggle bag. Custom built from a flexible...
Filed in: Eyewear
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