If Burton Snowboards only made travel bags (and dropped the whole snowboard hard and softgoods thing), they would still be one of the best brands in the world for one reason: their bags are bulletproof. For people who travel all the time in all different modes, Burton has some of the most intelligently designed bags, backpacks, and camera bags in the world. If that wasn’t enough, Burton has just released 90 new bag and luggage styles into the mix.
Burton’s new bags are designed to carry everything from laptops and skateboards to snowboards and a month’s worth of clothes. Road tested by Burton’s team of pro riders who travel year-round, every new travel bag, snow pack, photo pack, transit bag or ‘BYO’ bag can weather months of planes, trains and on-the-move adventures.
And while we’re not sure anyone needs all that much help deciding which bag to buy, Burton has been nice enough to create a website to help everyone pick the right bag. It’s called Bag Check. Check it out if you’re looking for new bags. Follow the jump for the official word. [click to continue…]
While being trapped on a rocky outcropping listening to Eddie Vedder solo on a ukelele may be as close to hell as we could get on this earth, you may feel differently about the earnest, sincere, serious, surfing musician.
If you, like NPR’s Ann Powers, believe that Vedder’s new album Ukulele Songs is “a statement of truth.” And that by choosing the “ukulele’s intimacy, Vedder sounds like someone getting out of his own way and discovering what really matters within his art,” then holy shit, have we got a contest for you.
French high fashion mall clothierVolcom is giving away tickets to Eddie Vedder’s sold out Ukulele Songs tour. Simply enter all your critical personal data on this page (volcom.com/eddy) and in return Volcom may give you a ticket to see Eddie Vedder live. Get crackin’ the tour beings June 21, 2011 in New York City.
Ashbury Eyewear just dropped their new Summer 11 sunglass line (including the Davidson above) and LMH says it includes pro models from Antwuan Dixon, Garrett Hill, Theotis Beasley and Spanky. We believe him. Check the whole deal out by clicking here.
Vans, The North Face, and (oh, yeah) Reef parent company VF Corp announced today (June 13, 2011) that they are paying Timberland investors $43 a share for their stock in a buyout valued at approximately $2 billion.
“The Timberland(R) brand is synonymous with high quality outdoor footwear and apparel,” said Eric Wiseman, Chairman and Chief Executive Officer of VF Corporation. “We believe the unique rugged outdoor positioning of the Timberland(R) brand will perfectly complement the premium, technical positioning of The North Face(R) brand, while the Smartwool(R) brand will provide us with a leadership position in a new category. This acquisition will continue the transformation of VF’s portfolio, propelling VF’s Outdoor & Action Sports businesses to 50% of total revenues.”
VF plans to increase Timberland’s sales by 10 percent bringing it close to $1.8 billion in 2011. And that’s how you add nearly $2 billion to annual sales. Follow the jump for the rest. [click to continue…]
It was difficult to know if Quiksilver’s new NFL collab is completely sincere or not. At first we sensed some sort of irony, but then we saw the gridiron overlaid on Pipeline and realized that we are just confused. Jocks, of course, won’t know the difference.
PPR and Volcom announced today they have received “all necessary antitrust approvals applicable to PPR’s tender offer for all of the outstanding shares of common stock of Volcom at a price of $24.50 per share in cash.”
The transaction is subject to the satisfaction of the remaining customary closing conditions. As previously announced, PPR’s tender offer for Volcom is currently scheduled to expire at 5:30 p.m., New York City time, on Thursday, June 16, 2011, unless further extended.
Guess that means the deal is still a go. Right? Follow the jump for all the info. [click to continue…]
“This show is really going to take AGENDA, Tokyo, to the next level,” said Aaron Levant, AGENDA President. “Our partnership with Green Room, Inc. enables us to continue to build the awareness of AGENDA, Tokyo, and bring a premium street and footwear show that is a great fit for our vendors, buyers and press with a presence in Japan.”
Over the past year, Pacific Sunwear has traded in a range of $2.46 to $6.84 and are now at $2.50. The 200-day and 50-day moving averages have moved 0.49% lower and 1.09% lower over the past week, respectively.
The mall action fashion retailer still has a ways to go before they break their 10-year low of 93 cents set in January of 2009. Think they can do it?
In his most recent Market Watch column Jeff Harbaugh digs into the timeline of PPR’s as yet un-closed acquisition of Volcom thanks to some new paperwork that was released as part of the settlement of a lawsuit.
From various documents filed as part of the deal, we know that the first contacts between PPR and Volcom management was on February 8th and 9th, 2010 where “…there were initial discussions about the businesses and histories of Volcom and PPR, as well as ways the companies might work together.” On March 11, PPR told Volcom they were interested in a potential strategic transaction. No purchase price was mentioned. There were ongoing meetings and conversations through April, but around April 28, Volcom told PPR that it intended to pursue its strategic plan “…rather than continue talks with regard to any potential strategic transaction…”
Harbaugh also discusses another potential buyer (“bidder A”) who felt that a purchase price of $24 was as high as they were interested in going. If you’re into M&A, click the link and read the rest.
Vans has apparently added Australian surfer Wade Goodall to their surf team.
“Wade represents a new generation of futuristic surfers that are multi-talented, in and out of the water,” said Vans Surf Marketing Manager Scott Sisamis. “At 24, he has already started to make a significant mark on the global surf scene and we are super psyched to have him join our crew.”
Goodall joins a stacked team which include Nathan Fletcher, Joel Tudor, Pat, Dane and Tanner Gudauskas, Alex Knost, John Florence, Andrew Doheny and Dylan Graves. Follow the jump for the official word. [click to continue…]
