The Editors

Andy Mooney’s Quik Exit

by The Editors on March 27, 2015

Quiksilver-1It likely wasn’t quick enough for some, but it appears that Andy Mooney’s two year run in the Quiksilver CEO position is over. In a release today, Quiksilver said that Mooney is “no longer with the company.”

From our perspective that is one of the best bits of news out of Quiksilver in a while. On Mooney’s watch (which began January 11, 2013) Quiksilver sold off Mervin, Hawk, Moskova, and Maui & Sons. They lost Kelly Slater and began turning in some pretty big quarterly losses.

At first it seemed the street thought the losses were part of the pain of Mooney’s restructuring (with some help from a down market). By Halloween 2013 the stock was up to $8.11 on the promise that Mooney was pointed the right direction. But by June 2, 2014 it was obvious things weren’t going well and the stock began taking hit after hit until that ultimately left it at $2.25 at the close today (March 27, 2015).

Today’s after-hours dip of 15 percent (down to $1.90) may suggest some aren’t happy about today’s news either, but the Quiksilver board has a plan. It looks a little like this:

. . . Pierre Agnes, President of Quiksilver, Inc., has been promoted to Chief Executive Officer and added to the Board of Directors; he succeeds Andy Mooney who is no longer with the company. In addition, Greg Healy, Quiksilver’s APAC Region President, has been promoted to President of Quiksilver, Inc., and Bob McKnight has been appointed Chairman. All changes are effective today. . . “The board has great confidence in Pierre’s ability and skills to lead our company. His primary focus will be on improving operational execution and efficiencies, and identifying growth opportunities, especially in the U.S. wholesale channel.”

It’s always good to see the people who intimately know the brand back at the helm. We’ll leave it at that. For some deeper thoughts on the news read Jeff Harbaugh’s post by clicking here. For the official word from Quiksilver, please follow the jump. [click to continue…]

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Lib Tech Flies The Bird In Japan

by The Editors on March 27, 2015

With no snow in their Pacific Northwest homeland Blair Habenicht, Matt Edgers, Temple Cummins, and their crew took off for the land of the rising sun where the snow was stacking in like twigs in a bird’s nest or something like that.

Let The Bird Fly. A motto embodied by a transient spirit, whose sideways sliding migrations, often rolled into motion on an empty gas tank in a limping VW van, inspired this project. . . We flow as one.

Sound good to us. Check it.

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Cowtown’s PHXAM Is This Weekend

by The Editors on March 26, 2015

Phxam-Ad-2015-General-200KIf you can’t make it to Phoenix, Arizona this weekend (March 28-29, 2015) for the 14th Annual PHXAM brought to you by Cowtown and Vans, then do the next best thing: watch it live online. Some who watch might even win something thanks to a clever online promotion.

Sign up now for the PHXAM “Watch and Win” contest for your chance to win a hefty prize pack from Vans and PHXAM sponsors. Winners will be announced during the Webcast. Cowtown’s 14th annual PHXAM presented by Vans will be webcast live beginning at 11AM PST on Sunday, March 29 on phxam.com and on your mobile device via the Vans Live app, where you can watch all of Vans’ live Webcasts.

For more info, follow the jump. [click to continue…]

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Billabong Hit With Class Action Suit

by The Editors on March 26, 2015

Billabong CorpSome investors (Malone Family Superannuation Fund) who lost money when Billabong shares tanked in 2012 are now suing the company saying Billabong breached “its disclosure obligations,” according to a Reuters story.

The fund bought just under A$30,000 ($23,466) worth of Billabong shares at an average of A$4.35 per share in November 2011, the statement from the legal firm added. The shares later fell following a series of earnings downgrades. . . If Billabong had been more forthright, the fund “would either have bought Billabong securities at a price which had not been artificially inflated or they would have acquired securities in another listed entity instead”, the statement added.

Not surprisingly Billabong disagrees and says it will “vigorously defend” itself.

[Link: Reuters]

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Snow Shred’s Whistler Dream House

by The Editors on March 24, 2015

Kyberridge 00

In 2005 the architecture firm (N-1) designed what just may be the ultimate snow shred house on the edge of Whistler, BC’s Khyber Ridge, according to story in HUH Magazine.

Consisting of five floors, the majority of the residence has a huge glass facade and a large terrace, making the most of the stunning views, while the guesthouse on the lower level has been embedded deeper in the rock to allow for as much privacy as possible. On the mountain side of the building, which receives very little light, windows have still been added to remind the inhabitants of their close relationship with this harsh environment. Upstairs, a green roof has been added to enable to structure to better blend into the landscape.

So, exactly which “professional snowboarder” had this house built ten years ago? Appears it’s Marc Morisset! (thanks, commenters!) For more photos, click the link.

[Link: Huh Magazine]

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Lipke + Highsnobiety + Mercedes

by The Editors on March 24, 2015

Nothing like a fast new car and a couple good waves to get the blood pumping in the morning. Highsnobiety, Mercedes, and Marlon Lipke get together to make it all work. This edit is another reminder, however, that each time we see a Mercedes it makes us want to test drive a Tesla. . . is that weird?

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Street League Rolls To Barcelona In May

by The Editors on March 24, 2015

Sls Layout

Rob Dyrdek is taking the Street League Skateboarding message into all the world for 2015 with a “pro open” scheduled for Barcelona, Spain May 16-17, 2015.

Following the SLS Nike SB Pro Open in Barcelona, the 2015 SLS Nike SB World Tour officially kicks off in Los Angeles, CA, moving on to New York City neighbor Newark, NJ, then on to Chicago, IL. The season’s first arena stop will return to skateboarding’s hometown of Los Angeles, where in 2014 SLS saw its first ever sold-out crowd. Also a first in League history, SLS will bring the full 25-Pro League roster out to the East Coast where traditionally fans there have witnessed only the Top 8 Pros battle it out in the SLS Nike SB Super Crown World Championship. In 2015, the SLS Nike SB Super Crown World Championship will now be held in the America’s heartland in Chicago, IL, bridging the East and West Coast skate scenes.

For the official word from Street League, including dates, locations, and TV broadcast schedule, please follow the jump. [click to continue…]

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Mikey B’s Area 241 On Going Off Grid

by The Editors on March 23, 2015

The Going Off Grid show host Laura Ling gets a tour of Mikey Basich’s Area 241 house on 40 acres near Northern California’s Donner Summit. It’s a great look into living right. To bed with the sun, up with the sun. Man, brother Mikey!

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Zeal Signs 4 Time Olympian Kjersti Buaas

by The Editors on March 23, 2015

Kjersti Marquee

Snowboarder Kjersti Buaas has some new gear up and protecting her eyeballs. Yep, she’s reportedly now on the Zeal Optic program.

Growing up in Norway, Kjersti was on skis before most of us began walking. Starting at age one, Kjersti was born to be on the snow. At age 12, she tried snowboarding for the first time, and was instantly hooked. “My passion for snowboarding started at age 12, when I tried it for the first time and absolutely fell in love. Since then, I have had this never ending motivation to learn and express myself as much on my board as I possible can, whether it’s a trick in the park or if it’s just a lofty air into powder” says Kjersti.

For the official word from Zeal, please follow the jump. [click to continue…]

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Luan Oliveira Owns 2015 Tampa Pro

by The Editors on March 23, 2015

After watching Luan Oliveira over-kill the 2015 Tampa Pro we’re seriously wondering if there will ever be a better display of technical contest skateboarding, ever. Not only did Oliveira hit every single thing he tried in his final runs, he kept going long after his time was up with five or six more makes before a miss. In fact, in his winning run he went 20 tricks deep before a falter. It was mind-blowing.

Sure, Nyjah Huston, who finished in second, gave it a solid go with his practiced precision, but Oliveira’s threw everything he had at it and he didn’t miss. Watch the video and you’ll see. For the complete results, follow the jump. [click to continue…]

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