Wondering what the new DC Mike Mo Signature shoe looks like? Something like this. It features three color ways (red, black and dark grey), “no sew upper” TPU backed super suede upper, and open mesh tongue, Unilite midsole, and cup sole construction. Not a bad looking skateboarding foot covering at all. To check out the launch video, follow the jump. . . [click to continue…]
IVI Vision is happy to announce that they have just signed musician and entrepreneur partner Vice® as a brand ambassador.
“Vice® has been a friend for years now, and I felt when we started this he would be a great fit within the IVI community,” says Pete Fox, CEO and Co-Founder, IVI, LLC He built his reputation on his musical talent and turned his leadership position in that industry into a production company and partner in the hugely influential CRSVR boutiques. It’s that type of vision and more importantly the sweat that goes into achieving your goals that IVI represents.” .
Now we want a registered trademark in our name. . . For the official word from IVI, follow the jump. [click to continue…]
While we’re getting ready for Agenda NYC January 23 -24, 2013, take a smooth ride back through Agenda Long Beach. Looks good all DSLR pushed and pulled with a soundtrack on top, doesn’t it?
Even if VF Corp. and Altamont’s letter of intent is not a “binding offer” they still seem pretty serious about their bid for Billabong. Altamont Capital Partners has already named Skullcandy board member and former Nike and Oakley exec D. Scott Olivet as the guy who would run the non-Billabong brands including Element,RVCA, and Tigerlilly should the deal go through, according to a story in The Australian.
Mr Olivet is a clothing industry veteran and former vice president at Nike. He is currently a director of headphones company Skullcandy, and was chief executive of Oakley between 2005 and 2009 before moving into the chairman’s role through November 2011.
The former Oakley CEO ready to swoop down not he non-Billabong brands? That’s got to have some people at Billabong’s other brands starting to look a little more seriously over their shoulder for a soft place to land.
In a move many thought should have happened a while ago, Vans and Reef parent company VF Corp (along with San Francisco, California based private equity firm Altamont Capital Partners) has offered $555.5 million for Billlabong, according to a story in the Washington Post. That is the same amount offered by former Billabong USA President Paul Naude and his investor partners. According to a statement from VF they aren’t interested in the entire company.
VF’s primary interest in the transaction is in the Billabong® brand. This interest is consistent with VF’s stated intent to pursue acquisitions, particularly in the Action Sports category, to continue to build shareholder value. Altamont’s interest lies in acquiring Billabong’s other brands and related assets, and is predicated on the firm’s mandate to invest in situations where it can provide strategic and operational support to build business success stories.
It would be sad to see that Billabong brand portfolio broken up, but at this point it really about what’s best for the shareholders. We’d put odds on VF corp getting the deal getting done, if Billabong is sold. Guess we’ll know in six weeks. For the official word from VF, follow the jump. [click to continue…]
The crew at Billabong Snow isn’t letting a little take-over talk slow down one bit. They’re marching right along it seems. They just signed X Games Real Snow candidateBode Merrill.
“I am convinced that Bode is the most talented snowboarder out there today,” said Billabong Snow Team Manager Andrew Marriner. “Who else can go out on a urban mission in Minnesota and absolutely blow minds then quickly turn around, hop out of a heli seat and shock the Absinthe Film crew in Haines, Alaska?”
Merrill joins Wolle Nyvelt, Tadashi Fuse, Jamie Anderson, Eero Niemela, and Romain De Marchi at Billabong. For the official word follow the jump. [click to continue…]
Billabonghas chosen to go with a CFO who has worked neither in fashion nor in retail, but in the media space for the past two decades. Peter Myers was CFO of APN News & Media and Network 10, but now he’s going to up to his waist in trunks.
“Peter has over 30 years of experience and insight at both a corporate and an operational level,” said Billabong CEO Launa Inman. “He understands the company’s current position, has a deep understanding of working with a wider team in implementing transformational strategies and will make a valuable contribution.”
He also has “extensive experience” with takeovers and acquisitions, so that’s good. Follow the jump for the official word. [click to continue…]
“Transformation is key for Billabong,” she said. “I’m sure there are people that don’t like to see the changes. . . They want the business to be what it was. I’m here to increase shareholder value. That’s my job. We have a lot of unhappy shareholders.”
On January 31, 2013 9Five Eyewear will drop their new, limited edition, perforated leather wrapped Modelo frame.
The Perf Modelo comes in two color ways, Varsity Red and Royal Blue (Drawing influence from the original Air Jordan 1’s that came in these colors). The frame comes with option of black polarized or clear lens, and will come packaged in a miniature “shoe box.”
Watch for it at authorized 9Five retailers or on the 9fivesite.com website.
We talked to Jamie Thomas about his involvement with New Balance Numeric and Hypebeast spoke with Westlife and 686 founder Mike West and Numeric Brand Manager Sebastian Palmer. West and Palmer discuss where the design is coming from and where the brand is headed. If you look very closely you’ll might even see some other familiar faces in this edit. Check it.