Fashion

Quiksilver Makes $1 Offer For Billabong

by The Editors on November 30, 2017

Good lord, it’s finally happening. Today, December 1, 2017 Boardriders Inc. has made an offer to acquire all of the shares in Billabong at a price of $1 cash per share. 

Billabong International Limited (Billabong) (ASX: BBG) confirms that it has received a confidential, indicative and non-binding proposal from Boardriders, Inc. (Boardriders) to acquire all of the shares in Billabong, other than those already owned by Boardriders’ related entities, at a price of $1.00 cash per share, via a scheme of arrangement (the Indicative Proposal). Funds managed by Oaktree Capital Management, L.P.(Oaktree) have a majority interest in Boardriders. Oaktree, through controlled entities, already holds 19% of the shares in Billabong and is one of Billabong’s two senior lenders.

The idea has been batting around since October 14, 2015 and it looks like the timing is finally right. This still has to pass a unanimous recommendation from the Billabong Board (among other things) but really, what other option do they have? For the official press release from Billabong, please follow the jump.

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HUF Nabs $63 Million In Sale

by The Editors on November 28, 2017

 The owners of the skateboard brand HUF have reportedly sold off 90 percent of the brand to the Japan based TSI Holdings Co Ltd for $63 million, according to a story on Reuters.

TSI Holdings Co Ltd says it plans to acquire 90 percent stake in U.S.-based firm HUF Holdings, LLC (target firm) on Dec. 14, at the price of $63 million

According to a press release (which is in Japanese) Keith Hufnagel currently owns 15 percent of HUF, while Altamont Capital Partners owns 57.7 percent with Jai Baek and Joanne Baek owning 17.5 and 7.5 respectively.

[Link: Reuters]

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Merge4 Opens Flagship Store In Santa Barbara

by The Editors on November 25, 2017

Merge4, makers of quality-driven, comfortable, durable, modern socks, has opened their flagship retail store on State Street in the heart of Santa Barbara, California.

Across from the Metro Theater and surrounded by Volcom, Vans, Urban Outfitters and Billabong: 623.5 State Street is where the entire MERGE4 collection is on display for inspection and selection: 2,000 square feet of graphic socks – the perfect gift for Christmas, Hanukah, Kwanza or Festivus: “Visually artistic socks, featuring some of the best their industry has to offer,” said MERGE4 founder Cindi Ferreira-Busenhart.

For the official word from Merge4, please follow the jump.

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Volcom Surf’s Aliens Was Here Is Here

by The Editors on November 17, 2017

Couldn’t make it Newps last night for the premiere at VeeCo headquarters? Well not to worry. The whole Aliens Was Here film is only one click away. Thanks, Volcom.

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Let 686 Weaponize Your Outerwear

by The Editors on November 15, 2017

In these times you never know when you’ll need to spend the night in a snowdrift. And 686 has a jacket that could very well help you make it through the night. 686 founder Michael Akira West explains exactly what the Gore-Tex Smartie 3-in-1 Weapon jacket is all about. For the details, follow the jump.

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Vans Verse: Look Mom, No Laces

by The Editors on November 7, 2017

Stop us if we’d said this before, but we’d put Boa on all our shoes just to get rid of bulky, unsightly laces. That’s part of the reason why Vans’ new Verse snowboard boots look so good. 

Offering extensive technical range and precision across two different lacing zones, the Verse is formulated with the Boa® Custom Focus Plus system, allowing for double optimization in and around the boot. Paired with Vans’ adjustable Custom Slide-Guide, the Verse provides maximum heel-hold and a more personalized, comfortable fit. The Verse lacing system is also protected by a waterproof zip-up shroud to seal the lower portion of the boot from 
the elements, keeping your feet dry during long days on snow. Complete with heat-moldable Custom Liners and UltraCush V3 footbeds, this versatile all-mountain snowboard boot features Vans’ new lightweight and responsive Ultimate Waffle outsole that offers first-rate heel dampening and asymmetrical arch support.

Sounds like a good pair of boots. For the rest of the features (and photos), please follow the jump.

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Dream Of The 90s Alive At Airblaster

by The Editors on November 7, 2017

Gnu and Airblaster have teamed up to create a vibrant collection that includes men’s and women’s ninja suit baselayers, waterproof/breathable Freedom Suits, a Ninja Mask, winter parkas, waterproof sweatpants and a Gnu Snowboard. What else do you really need this winter? For all the details, click the link.

[Link: Airblaster]

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Tony Hawk’s Lakai Press Conference

by The Editors on November 6, 2017

Come on. It’s funny. Admit it. You smiled at least twice.

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Barbara Kruger & Volcom Take It Back

by The Editors on November 3, 2017

We all know where Supreme got their logo. Yes, they “appropriated” it from artist Barbara Kruger from the beginning. But now, she’s taking skateboarding back with a little help from Volcom in a pop-up shop of her own as part of Performa, a performance art biennial that runs through November 19 in New York, according to a story in W Magazine.

“Believe me, I wasn’t thinking about Supreme,” Kruger said of her Performa commission. “Really, I was not thinking about it at all. I’ve just been doing my thing for a long time, and they popped up and did theirs, and I don’t own that typeface, you know? I don’t own a logo. But what they do has little to do with the ideas that have been fueling my artwork for my whole career—questions of justice and power and control. The last thing I would ever think of is a streetwear brand.”

And that’s why we’ve always preferred Kruger. Another part of her Perform commission was this work at Coleman Skate Park. 

[Link: W Magazine]

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Aaron Favero Joins Merge4

by The Editors on November 3, 2017

Merge4 is proud to welcome Aaron Favero as the company’s director of sales and marketing. Aaron will be responsible for “building the brand, growing distribution and stoking out the feet of people from sea to shining sea and beyond.”

“Aaron has a proven record of facilitating long-term business relationships with retailers and industry experts,” says Merge4 Founder Cindi Ferreira Busenhart.  “His attitude and personality are perfect fits with all of us at MERGE4. Having Aaron on our team will only enhance our goals to provide quality, innovative socks to the marketplace with dedication to the customers and community. I’m so grateful we can finally work together!”

For the official word from Merge4, please follow the jump.

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