Growing up in Upland, you either shopped at one or the other, not both. Active always seemed like the “surfer bra” type of shop, where as Utility was more-so for the skater and a bit more “real.”
As Active built upon it’s empire the past few years, Utility expanded but in a more “reasonable” way. I guess “Active” sold themselves out a little too far, I mean “spread themselves out a little too far,” cause now they are Chapter 11: Broke as fuck.
Such a shame, I wonder how Utility’s doing?
Active’s rapid expansion over the past few years required significantly more investment and financial resources – while revenues essentially stayed the same.
As result, Active is projected to record a $7.7 million loss for the fiscal year ending March 31.
Read all about the monetary blunder at SHOP-EAT-SURF.COM