by The Editors on November 5, 2008

Tony Hawk and DJ Jason Bentley go over some of Tony’s favorite songs while Tony gives the background behind why he likes them so much. We swear we’ve heard this show before, but maybe it’s just because we have the same taste in music. Sad, we know.
1.) Devo- Gut Feeling
2.) Dead Kennedys – Police Truck
3.) Frank Black – If it Takes All Night
4.) The Clash – Safe European Home
5.) Nine Inch Nails – 1,000,000
[Link: KCRW Quest DJ]
by The Editors on November 5, 2008
by The Editors on November 3, 2008
We’ve been getting unconfirmed word today regarding recent lay-offs at some of the industry’s biggest brands. Podium Distribution reportedly laid off approximately 20 people on Friday, October 31, 2008. Similar lay-offs were also rumored at Black Box, Osiris, and Sole Tech.
As one action sports worker said, “Retailers can’t sell their stuff. They can’t get credit to buy more product. Companies can’t get credit to produce. . . and the tower tumbles.”
Another worker just toured the California retail scene and said that the story is the same everywhere. “It was really bad during that first weeks of the financial panic,” he said. “I’m pretty sure no one bought anything during those two weeks. It’s going to be interesting to see which brands and retailers make it through this.”
So true. If anyone has any info to share, please leave it in the comments.
by The Editors on November 3, 2008
Plans for a new Chicago Billabong retail store on the city’s State Street have apparently been scrapped according to a story in Chicago Business.
Gourmet grocer Fox & Obel and trendy surf-wear retailer Billabong are dropping plans for stores in the former Carson Pirie Scott & Co. building on State Street, leaving the ambitious project with only one tenant as it approaches an opening next fall amid the bleakest retail climate in decades.
Probably not a bad idea. Are people even shopping any more?
[Link: Chicago Business]
by The Editors on November 3, 2008
And now, from the Australia’s Herald Sun:
Globe International has come under renewed fire from investors, including Solomon Lew, over $57 million in related party transactions. . . . Globe investor and investment banker David Williams — who called for a board spill at the company’s annual meeting last month — has voiced concern about a series of deals involving Globe and companies linked to CEO Matt Hill and his brothers, Peter and Stephen. . . .This raises further speculation about the future of Globe, which has in the past two years sold a number of its brands in a bid to streamline the business.
[Link: Australia Herald Sun]
by The Editors on November 2, 2008
The Orange County Business Journal is reporting that Quiksilver is actively looking for funding to help negotiate what it calls one of the company’s “worst downturns in clothing sales in recent memory.”
Quiksilver has hired Morgan Stanley to help it look at ways to raise money, including from existing lenders, through a stock sale or a possible private equity investment. . .The company reworked a European credit line that was due last Friday. Quiksilver is paying its lender $19 million now and deferring $71 million until March. . . Quiksilver said it expects to have about $100 million in cash and equivalents after the close of the Rossignol sale and debt payments made before the close of the company’s fiscal year that ended Friday.
Sadly, some of the recent rumors regarding the surf giant’s financial future appear to be growing legs.
[Link: Orange County Business Journal]
by The Editors on November 2, 2008
At the LG Action Sports World Championships Pierre Luc Gagnon and Paul Rodriguez rolled away with gold medals in Vert and Street.
Gagnon repeated as Skateboard Vert LG World Champion. . . his technical board tricks racked up the points to bring him $30,000 to add to his winnings this year. . . In street: For ten minutes of controlled chaos they pushed their limits and threw one trick after another, cranking the level of skill beyond expectation. In the end, ‘textbook perfection’ is what took the title; Paul Rodriguez (Tarzana, Calif.) earned the Gold with a score of 95.75.
For the entire press release follow the jump.
[click to continue…]
by The Editors on November 2, 2008

It’s not the ranch, but from the looks of this bowl, it’s probably better. Skate and Annoy has more details of a new skatepark in Del Mar, California which reportedly has some Chris Miller and Tony Alva features. Hopefully they don’t use that fence to keep people out.
[Link: Skate And Annoy]
by The Editors on November 2, 2008

Usually skateboarding at school ends in tickets or running from the cops. At New York City’s East Side Community High School it can result in one more A on the transcript thanks to their skateboarding physical education elective.
What started in February as an after-school program run by a volunteer has turned into what school officials believe is New York City’s only skateboarding class for credit.
It’s odd how simple doing the right thing can be.
[Link: New York Times]
by The Editors on November 2, 2008
The Houston Chronicle’s Lisa Gray recounts the sad and inspiring story of how Johnny Romano, the seven-year-old skateboarder with leukemia, turned pro and unselfishly donated his royalty checks to kids who were worse off than he.
Johnny donated his royalties to the Make-A-Wish Foundation and posed for photos with enormous cardboard checks for thousands of dollars. . . . He skated on Fuel TV. He donated Johnny Romano skateboards to charity and autographed them for fans. . . He liked being a Make-A-Wish benefactor, not a recipient. . . . But his luck didn’t hold. In May, with only 10 more chemo treatments on his schedule, he relapsed.
Johnny died on September 23, 2008, but he will not soon be forgotten. The annual Texas Skate Jam For Make-A-Wish scheduled for November 8, 2008 at the Southside Skatepark in Houston has been renamed The Johnny Romano Skate Jam For Make-A-Wish and Johnny’s parents are starting a foundation to support research on childhood leukemia.
[Link: Chron.com]