Wall Street

101-Acre North Shore Ranch Up For Auction

by The Editors on March 12, 2013

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Wanna keep the North Shore country? You better snap up this 101-acre ranch up right away. The Paumalu Ranch is going up for auction as is or in two parcels on March 25, 2013.

“Paumalu Ranch is the largest singular land offering available for sale on the North Shore,” Fetzer stated. “Sculpted by mountain ranges and Pacific Ocean horizons, both parcels have unlimited potential — including use for equestrian, hunting, farming and ranching — and offer the ultimate in tranquility and privacy. The possibilities are endless.”

We’re going to have to pass this time, but you really should buy it and keep it all ranched up before someone else gets it. You can even land your helicopter on the property and even walk to Ted’s Bakery if your want. It’s probably going to go for around $6 million. Follow the jump for the official details. [click to continue…]

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Martin New Dragon Snow Marketing Manager

by The Editors on March 11, 2013

Kmartin Lifestyle WebKyle Martin, the former Event and Promotions Manager at Bend, Oregon’s Mt. Bachelor resort has been named Dragon’s new snow marketing manager.

“We’re excited to have Kyle as part of our team,” says Rick Irons, Dragon’s Global Brand Manager. “His perspective as a rider is critical, and we’re excited to see what kind of fresh ideas he will bring.”

For the official word from Dragon, follow the jump. [click to continue…]

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Quiksilver Stock Dips On Bad Quarter

by The Editors on March 8, 2013

Quik Logo10For the quarter ended January 31, 2013 Quiksilver’s revenue dropped four percent, they lost $31.1 million dollars and their share price dipped eight percent, according to a story on Bloomberg Businessweek.

Quik CEO Andy Mooney said revenue was hurt by closing underperforming stores, weak wholesales sales and weakness in the Americas . . Late Thursday, Mooney said the company is making progress restructuring its organizational structure and streamlining its supply chain. . . “We believe these actions will help lay the foundation for improved operational results.”

While posting this we had to ask ourselves if we even care how Quiksilver is doing. And the short answer is, no, at this point we don’t. Do you?

[Link: Bloomberg Business]

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etnies Shoe Selling Scheme Plants 200k Trees

by The Editors on March 7, 2013

Since 2011 when etnies decided to plant a tree for every pair of Buy a Shoe, Plant a Tree shoes they sold more than 200,000 trees have been planted in Costa Rica and Brazil. And now, they have a website that explains it all at http://etnies.com/buyashoeplantatree.

By visiting the new Buy a Shoe, Plant a Tree microsite on etnies.com, customers can learn how the program works and see how many trees have been planted so far, including their own tree contribution, through the live tree-planting counter. Also, the site’s timeline breaks down the program year-by-year showing, through videos, photography and descriptive text, how this initiative has helped replenish devastated forest communities.

For the official word from etnies, follow the jump. [click to continue…]

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The 2013 Lowers Pro Has Been Cancelled

by The Editors on March 5, 2013

GrindmediaGood news just keeps pouring in from the surf world. GrindMedia, the producers of the Lowers Pro since 2004, announced today (March 5, 2013) that the ASP Prime surfing even at Trestles has been canceled for 2013. Though their official headline says the event was “postponed” the truth is that it’s not going to happen this year, though they say it will be back in 2014.

“We are committed to operating the Lowers Pro at the Prime level to deliver the most value to the surfers competing, our audience, and brands supporting surfing,” said GrindMedia Director of Event Operations and Lowers Pro Event Director Sean Nielsen. “Due to the economic climate and timing of the transition of the former title sponsor, we have not secured a new partner in the title position to operate at the Prime level. The content emerging from the Lowers Pro rivals that of any World Tour event, and we look forward to delivering this experience to surf fans next year.”

For a longer, more polite version of the cancellation follow the jump. [click to continue…]

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Patagonia’s Bowery Surf Shop Moving Forward

by The Editors on March 5, 2013

Patagonia-Bowery-Update-1-620X465The one thing New York City needs right now is another surf shop, right? And Patagonia is going to give it to them right straight in the Bowery. Work has reportedly begun at 313 Bowery according to a story on Bowery Boogie.

A batch of permits was recently filed with the DOB for “structural work in an existing store” and for the forthcoming illuminated “Fish” sign. Plus, a mess of scaffolding also made an appearance yesterday morning. Patagonia initially intended to open the surf shop in the fall, but Hurricane Sandy totally sidelined the project. With work already underway, a summertime launch doesn’t seem out of the question.

Yeah, they’d almost have to have it done by summer. For more, click the link.

[Link: Bowery Boogie]

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Rip Curl Not For Sale Right Now

by The Editors on March 5, 2013

Ripcurl-LogoWith all that’s been going on with Billabong and Quiksilver lately, it probably isn’t the best time for Rip Curl to find a $400 million buyer and the owners have reportedly abandoned the sale, or at least that’s what co-founder Brian “Sing Ding” Singer is telling The Australian.

“I doubt (the sale) is going to happen,” Singer said. . . “The public market looks like a bit of a cesspit at the moment. . . But Mr Singer, who set up Rip Curl with Torquay surfing buddy Doug “Claw” Warbrick in 1969, said a sale was still on the longer-term agenda. . . He predicted the founders would exit “at some point in the next few years”.

Then again, if someone were to offer them $400 million right now, we’re guessing they take it.

[Link: The Australian]

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Snow Park’s Reality Show Moves Mountains

by The Editors on March 5, 2013

Would someone really want a reality TV show about snowboarding park builders? Apparently, Chevrolet and Good Clean Fun think the amazing work that Snow Park Technologies does is worth it because they’re launching Mountain Movers sometime this spring on the National Geographic .

Reality Series stars Winter X Games course designer Chris “Gunny” Gunnarson and follows he and his crew as they construct massive, gravity-defying courses for Shaun White, Louie Vito, Danny Davis and more. Real-Life Drama of Athletes & Snow Course Designers in Harsh Conditions, Remote Locations, Battling Mother Nature in Epic Settings

Sound like a hit, right? We’re looking forward to a lot of Frank Wells up in this show, too.

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Fuel TV Has Run Its Course

by The Editors on March 5, 2013

Screen Shot 2013-03-05 At 12.41.59 PmFuel TV, the cable channel experiment that hoped to prove that action sports television programing was a viable mainstream entertainment business, received the final nail in its coffin today (March 5, 2013) as Fox Sports Media Group not-so-humbly announced the August 17, 2013 launch of what they’re calling “the biggest sports cable network launch in history” called Fox Sports 1 (FS1).

A robust schedule of live events forms the backbone of FOX Sports 1’s programming from Day 1, with college basketball, college football, NASCAR, soccer and UFC all on tap between launch and year’s end. In fact, the schedule on Aug. 17 features live events morning, noon and night including a NASCAR Camping World Truck Series race from Michigan and “UFC on FS1 1” in prime time. In 2014, FSMG’s new rights agreement with MLB takes effect, bringing regular and postseason games to FS1.

Fuel TV will lose its name and become Fox Sports 2 (at least in the current plan). Let that be a lesson to all you action sports media biz devs: when it comes to the mass, mainstream’s appetite for sports programming no one cares about action sports.

[Link: Fox Sports]

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Freewaters Signs Up Groundswell PR

by The Editors on March 5, 2013

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Casual and conscious footwear makers’ Freewaters (makers of these rad Freewaters + Therm-a-rest flips) has just signed up Charleston, South Carolina’s Groundswell PR to handle all their media relations and brand communications.

“Finding business partners that genuinely share our values is always our priority and we are thrilled to welcome Groundswell PR to our extended family.” says Freewaters Co-founder Eli Marmar. “Groundswell brings core competencies across boardsport, outdoor and fashion lifestyle which is highly unique and a perfect fit for our brand.”

For the official word from Freewaters, follow the jump. [click to continue…]

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