Wall Street

Freecaster.tv Gets Extreme

by The Editors on December 18, 2009

ExtremecasterRaymond Dulieu, the founder of Freecaster.tv, the European online action sports event streamer, has reportedly partnered up his web business with the Extreme Sports Channel, according to a story on Broadband TV News.

As part of the agreement between the two parties, Extreme will see its popular website www.extreme.com rebranded “Extreme.com powered by Freecaster.tv”. . . Online content will be managed by Freecaster.tv and expanded to include live streaming of action sports events.

Sounds like an extreme deal made in extreme heaven.

[Link: Broadband TV News]

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Matthew Perrin’s Missing $32 Million

by The Editors on December 18, 2009

We know full well that former Billabong CEO Matthew Perrin no longer has anything to do with the company, but the stories of his bankruptcy just keep coming and they’re getting better and better. Most recently we read this in the The Australian:

IT was the $66 million share sale that eroded Matthew Perrin’s position as chief executive officer of surfgear company Billabong. . . But yesterday the now-bankrupt entrepreneur could not tell a court what his wife Nicole, whom he suggested had received almost $32 million in proceeds from the sale, had done with the cash. . . “It’s her money, she’s entitled to do what she wants with it,” he said.

Maybe she left it in her other purse. . . wonder if Matt looked there?

[Link: The Australian]

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Rick Alden: Entrepreneur Of The Year

by The Editors on December 17, 2009

Sia09-118Entrepreneur Magazine has named Skullcandy founder and CEO Rick Alden their Entrepreneur of 2009 based on reader voting online.

Inspiration hit Rick Alden on a chairlift, during a snowboarding trip in 2001. The iPod had just been introduced, but none of the headphones were designed to appeal to the iPod-toting action-sports crowd. It was time to change the game. . . Alden, now 45, is riding high. 2008 revenue topped $86 million, and 2009 was expected to reach $120 million.

It seems like months ago, but we think we voted for Rick. You’re welcome.

[Link: Entrepreneur Magazine]

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Is The Broadcast Coming Through?

by The Editors on December 17, 2009

Broadcast-Wheels Loudandclear

The Broadcast skateboarding brand looks pretty legit, huh?

With the help of pro skateboarders Ethan Fowler, Paul Shier, Shiloh Greathouse, Gareth Stehr, Danny Falla, Aaron Harrison, Joel Meinholz, Eric Gilbert, Kevin Coakley, and Connor Getzlaff, Broadcast Wheel Company has developed a premium street and park urethane formula that is the direct result of feedback and testing from droves of skaters who were disappointed with the mediocre wheels that were currently available from other brands.

Click the link for more info.

[Link: Thisisabroadcast]

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Quiksilver Loses $1.7 Million In Q4

by The Editors on December 17, 2009

Quiks Logo09Quik reported numbers for the quarter ending October 31, 2009 today and they were down, but not as far as analysts were expecting, apparently. Analysts figured Quik would be down $6.4 million according to a story in the Orange County Business Journal. Consolidated net revenues for the quarter were down 11% and for fiscal 2009 were down 13% to $1.98 billion.
Bob McKnight’s spin on the whole thing?

“Our fourth quarter was very challenging, as retailers bought conservatively for the holiday season and traffic in our own retail stores remained sluggish through October. In that context, we were pleased that our results were somewhat better than we expected. We also accomplished a number of important business objectives in the quarter. We reinforced our product leadership, maintained and even expanded our leading market share positions and staged a number of major events further connecting our brands with the broad group of consumers that either participate in or are inspired by action sports.”

Follow the jump for the entire press release.
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Snoop Hits The View With Neff

by The Editors on December 17, 2009

Snoop Dogg was on The View on Tuesday December 15, 2009 and while he was there he hooked the ladies up with some personalized Neff cupcake beanies and advice for Tiger Woods. How’s that for hitting moms with a little product placement right before Christmas?

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Quiksilver Q4 Results Call Today

by The Editors on December 17, 2009

Quiks Logo09Quiksilver will be holding an analysts’ call today (December 17, 2009) at 1:30 PT to discuss their Q4 fiscals results.

The broadcast will be hosted at quiksilverinc.com and at viavid.net. To listen to the broadcast, your computer must have Windows Media Player installed. . . A press release with third quarter results is expected to be issued after the close of the market on Thursday, December 17.

Don’t say you weren’t warned.

[Link: Trading Markets]

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eesa Puts A Sock In It

by The Editors on December 16, 2009

EesaFrom the looks of a post on Shayboarder.com we can add eesa Lux Layering to the list of failed first layer companies:

In 2004 Stephen Cleary set out to create a layering company that worked on the slopes and looked good off the slopes, that company was eesa lux layering. . . it’s become time that the doors are closing at eesa and for Stephen Cleary to take a better opportunity that has come his way.

If we ignore the whole “death of a dream” thing, what this means to us is amazing deals on essa’s super smooth first layer gear and socks. Dive in. Most of it is under $10 and socks are under $5. Feeding frenzy.

[Link: essa via Yobeat via Shayboarder]

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Vermont’s Snowboarding Nanny

by The Editors on December 16, 2009

Nina VsNina Van Zandt, 22, of Shelburne, Vermont has come up with a great new business idea: the Snowboarding Nanny, according to a story in the Burlington Free Press.

I’m looking for a few families that would want me to pick their kids up after school (age 7 and up) and take them snowboarding and then bring them home to help them with their homework and make dinner.

Van Zandt says she’s also interested in massage therapy which kind of makes her a quad threat: a snowboarding, baby-sitting, chef who gives massages.

[Link: Burlington Free Press]

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Volcom Marches Into Canadian Malls

by The Editors on December 16, 2009

West49West 49, a Canadian action mall retailer we’ve constantly referred to as the “Zumiez of Canada” announced today that they have “secured a new vendor relationships with Volcom, Inc and plans to introduce branded apparel in all West 49 stores this coming Spring.”

“We are excited about our relationship with Volcom, Inc. and the potential to grow our businesses incrementally together,” said Sam Baio, Chief Executive Officer of West 49 Inc. “The addition of the premium, athlete-driven Volcom brand, is in keeping with our stores offering the ‘Best Brands on Earth’.”

The thing we find most surprising about this announcement is that Volcom hadn’t been in West 49 all this time. Then again, everyone is probably a little more motivated to do some deals now than they have been in the past. Click here for a quick breakdown of West 49’s business.
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