Wall Street

Texas Counterfeiters Raided By ICE

by The Editors on December 13, 2010

The Immigration and Customs Enforcement Office of the Homeland Security Investigations raided three Abilene, Texas retailers last Thursday (December 9, 2010) and rounded up more than $100,000 in counterfeit DC Shoes, Fox Racing, Famous, and other branded merchandise.

The targeted stores have been previously identified as openly selling counterfeit clothing through the store fronts. ICE HSI agents had conducted surveillance and made undercover purchases at all three locations. Items purchased through the undercover operations were determined to be counterfeit by industry representatives. . . Some of the counterfeit items seized include: t-shirts, polo shirts, jeans, purses, hats, jackets and sweatshirts.

Nice of Homeland Security to watch out for corporate America like that because American corporations are America (or something like that.) Follow the jump for the official release. [click to continue…]

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Jeff Clark’s New Maverick’s Surf Shop

by The Editors on December 13, 2010

MaverickssurfshopMaverick’s big wave pioneer Jeff Clark opened his new Maverick’s Surf Shop at 25 Johnson Pier, Pillar Point Harbor, Princeton-by-the-Sea, according to a story in The Mercury News.

The new shop will put Clark, a father of three, front and center as the public face of surfing in Half Moon Bay. Clark’s previous shop was harder to find, on a narrow street in the warehouse district of Princeton. Now when tourists come to the harbor looking for directions to Mavericks Beach, they’ll be able to ask the man himself.

It’s about time. . . Congrats.

[Link: The Mercury News]

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No Fear Scaring Mall Owners

by The Editors on December 13, 2010

No FearThe lawsuits against No Fear appear to be piling up as the Carlsbad, California based company has reportedly failed to pay their rent in many of their mall locations, according to a story in the Los Angeles Times.

Among the malls that have taken No Fear to court are the Irvine Spectrum and Block at Orange, both of which filed lawsuits in Orange County Superior Court; and shopping centers in Arcadia, West Covina and Valencia, which filed suits in Los Angeles County Superior Court. . . Irvine Co., which owns the Spectrum, obtained a judgment against No Fear in October after the retailer failed to defend a lawsuit that said it was $49,000 behind in rent. The judgment opened the door for an eviction, but an Irvine Co. spokeswoman said the No Fear store at the Spectrum is still open. The clothing company settled each of the Los Angeles County lawsuits out of court.

As many retailers are probably saying this time of year, “If we can just make it through Christmas everything will be alright.”

[Link: Los Angeles Times]

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Burton’s Burlington Bong Collab

by The Editors on December 13, 2010

Bong BoardA month ago Burton Snowboards released a new board that features a design created in partnership a local Burlington, Vermont bong builders The Bern Gallery. The board is called the “Nug” and the Burlington Free Press used this local collab as the perfect hook for a story on one of Burlington’s coolest businesses..

Inside, Burton looks like a ski lodge, combined with an ad agency, a retail store, a mad scientist’s laboratory and a dog kennel. Dogs are everywhere — big ones, little ones, short-haired ones and furry ones, playing in people’s offices, staring sweetly from beneath people’s desks, and tearing around corners in hot pursuit of something, although it’s not always clear what.

See, the Burlington Free Press occasionally does nice stories about Burton, too.

[Link: The Burlington Free Press]

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A Quiksilver Takeover In The Works?

by The Editors on December 9, 2010

Quik Logo10Quiksilver stock rocketed up this morning on rumors the company may be taken over by French multinational holding company PPR, according to Reuters.

French newspaper La Tribune reported that the owner of the Gucci, Yves Saint Laurent, Puma and Bottega Veneta brands is looking to buy a sports brand and could be attracted by the Huntington Beach, California-based seller of adventure sports apparel.

The stock was up nearly 18 percent on the news. The French certainly do love them some Quiksilver, don’t they?

[Link: Reuters]

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Tony Hawk Still Relevant To Gamers

by The Editors on December 8, 2010

TonyhawkshredActivision would like to remind everyone that even though Tony Hawk Shred had a less than stellar first week on the shelves that it’s a little early to “close the book on Tony Hawk Shred,” according to CEO Eric Hirshberg, quoted on Computer And Video Games, because they are marketing the game for holiday gift giving and we’re done with that yet.

“The one question that I can answer, and remarkably so, is that Tony Hawk does really still have relevance and tremendous appeal for people,” Hirshberg added. “He is a lasting icon. He has that Michael Jordan-ish or Jordan-esque staying power, seemingly.”

In spite of the gaming press jumping on the video skateboarding is dead bandwagon, we still like him. So please, buy a game and keep Tony’s video party rolling.

[Link: Computer And Video Games]

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Jake Burton’s Tips For Global Domination

by The Editors on December 8, 2010

Jake Burton.TopJake Burton outlines his “life as a pioneer” with Burton for Fortune magazine and offers up some solid business start-up advice.

  • “I underestimated the cost and time it would take to get the business going.”
  • “Once I became focused on growing the sport, instead of just getting rich, things took off.”
  • To go global, live global. Three years living in Innsbruck “opened my eyes to being a global company.
  • Own it if you want to control it. “I’m fortunate that I didn’t take on shareholders who would expect numbers, or Burton wouldn’t be the success it is today.”
  • “Plan lots of lead time for starting any business. It will take longer than you think, and it will cost more than you imagine.”

Good advice for most any business. . .

[Link: Fortune]

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Food Paddle Battle At John Wayne Airport

by The Editors on December 6, 2010

Blog Insert-300X284-1Wahoo’s Fish Tacos, Corky Carroll and Hobie Alter are oddly involved in a food-service competition for space in the recently expanded John Wayne Airport in Orange County, California, according to a story in the OC Register.

In separate proposals, two companies bidding for the airport food service contract are proposing restaurants named after the surfing celebrities.
HMS Host International wants to build Hobie Hut, a surf-themed beach bar and grill. Delaware North Companies is proposing Corky Carroll’s Surf Bar. . . While Carroll is famous for his personal adventures and surfing titles, Alter is known as an industry innovator. He is considered a surfboard manufacturing pioneer – one of the first to mass produce foam and fiberglass boards.

Sorry, Hobie and Corky we like seeing you make some money, but if anyone deserves a spot at John Wayne it’s Wahoo’s.

[Link: OC Register]

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Jamey Stone Goes Back To The Grind

by The Editors on December 3, 2010

Img 0067-1The former publisher of Transworld Skateboarding Magazine has jumped back in the action media game with a new title for the other team. Source Interlink’s Action Sport Group/Grind Networks announced last night that Jamey Stone is their new director of marketing. Stone will reportedly “oversee and direct the group’s marketing initiatives and business development operations.”

“Working for the ASG / Grind Networks is a huge honor,” said Stone, who grew up in Oceanside, Calif., surfing up to the professional level and skateboarding in the underground San Diego skate scene. He lives there still today with his wife and two children. “Growing up reading SURFER, SURFING and SkateBoarder, I never imagined that I would now be a part of this amazing family. I am very excited about all of the great things on deck for ASG / Grind Networks and look forward to adding to an already amazing legacy.”

We’re glad to see one of the most authentic, hardworking guys in skateboarding media back on board.

Strangely, this news comes on the heels of another departure at Bonnier Corp’s Transworld Media. Former Transworld Senior Marketing Director Vipe Desai left the company on Tuesday November 30, 2010 to pursue another opportunity after being at the company since April 26, 2010.
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Quiksilver All 80s Day at Surf Expo

by The Editors on December 1, 2010

If all the product at January Surf Expo show in Orlando, Florida weren’t enough Quiksilver will be holding their All 80s All Day Vert Challenge at Surf Expo. It probably wouldn’t be out of line for us to assume that the event might possibly include a visit by Tony Hawk. He went last year. It’s always good to see his blonde 80s mop haloed in neon.

The event is open to the public, but Surf Expo attendees will get VIP admission which is better than having to travel all the way to Huntington Beach. You going?

[Link: Surf Expo]

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