by The Editors on October 8, 2008
Wachovia is no longer hyped on Pacific Sunwear. So they’ve knocked the mall retailer down a notch from Outperform to Market Perform
Until now, our thesis had been predicated on improvements in merchandising, coupled with new operating efficiencies. However, we believe the assortment is losing focus, evidenced by too much color overall and an overinvestment in the weak-trending fleece category.
It’s kind of laughable that Wachovia would have any opinions about the market when they can’t even run their own business. But they’re still giving the stock a valuation range of $5-6. PSUN is now trading at $4.98.
[Link: StreetInsider.com]
by The Editors on October 7, 2008
Austin Ayers, 17, has died of injuries he sustained Sunday after grabbing on to the passenger window of a passing car and towing along.
Arvada Police believe the teen was riding his long board in the southbound bike lane on Oak Street, when he grabbed onto the passenger side front door or window of a Jeep Wrangler. Investigators say when the teen let go, another vehicle hit him and he hit the pavement.
[Link: 9 News]
by The Editors on October 7, 2008
Corey O’Brian, 23, of Seal Harbor, Maine died after falling from his skateboard Tuesday evening on a road in Acadia National Park.
Mr. O’Brian’s friend Alex Winkin called 911 at about 7 p.m. on Sept. 30 to report that Mr. O’Brian had fallen, had a gash on the back of his head, was unconscious and had been for several minutes. . . . According to reports, he was traveling at approximately 20 mph when he fell backward off his board.
O’Brian did not appear to be wearing a helmet at the time of the injury.
[Link: Mount Desert Islander]
by The Editors on October 7, 2008
During filming for their new video the band Weezer have apparently broken five world records including the “most people on one skateboard” record by getting 22 people on one board.
The video for Weezers’s single ‘Troublemaker‘ is set to break 5 world records. Whilst filming the video a Guinness World Records official was present throughout all the various record breaking scenes.
That thank looks quite similar to Tod Swank’s old “world’s largest skateboard.” Hmmm. . .
[Link: Contact Music]
by The Editors on October 7, 2008
Nearly 3,000 pairs of “fake Vans shoes” were seized by the Philippines’ National Bureau of Investigation in Pasay City on Monday according to a story on Inquirer.net.
Raided were the sales outlet of Wintelo Merchandising located at Stall S-23, Bagong Milenyo Wholesale Center, F.B. Harrison Street, Pasay City. . . . Agents of the NBI Intellectual Property Rights Division also swooped down on the establishment’s stockrooms located at Unit B-43, Bagong Milenyo Wholesale Center; and at the 3rd Floor, LEY Warehouse, Russel Avenue, also in Pasay City.
Sounds like someone missed a bribe payment.
[Link: Inquirer.net]
by The Editors on October 6, 2008
Whenever we hear about things like someone skateboarding around the world, or across the country we always have the same question: who would actually do something like that?
Then we see picture of the guy and usually it all makes sense.
Take New Zealander Rob Thomson for example. He has “skateboarded” 12,000 kilometers across three continents in the past 462 days and from his photo he looks like just the kind of guy who would do something like that. Doesn’t he? Wooo hoooo! Yeeeooow! Uuuh Huuh! That’s right!
Asked why he had undertaken the journey, Thomson said: “I struggle with that question sometimes as well.”. . . But the main reason was that he had wanted to push himself. “I took a couple of years of my life to put myself outside of my comfort zone,” he told National Radio. “I’ll take something away from that in my life to come to just keep trying to learn, to keep making sure I push myself past my comfort zone and continue to learn.”
That fact that he wasn’t doing it to raise money for charity makes it a little better, but come on.
[Link: Stuff.co.nz]
by The Editors on October 6, 2008
by The Editors on October 6, 2008
by The Editors on October 5, 2008
We rolled by the Etnies Skateboard Park in Lake Forest, CA on Saturday afternoon to check out the festivities. Early on it looked like the weather was going to shut the entire 2008 Etnies GVR contest as rain totally slicked out the park only moments before the official start. The crowd ran for cover, but they didn’t leave.
After some deft squeegee and leaf blowers work the skatepark crew got the entire street course dried up and back in action.
It was a great Saturday in the park. Bad Religion brought back all kinds of memories while Hyper Crush made us think back to the future.
Click here to see all the photos.
Click here for Friday Night Pool video.
by The Editors on October 5, 2008
All our photos from Saturday in the park. Click on the images and see them full size.
[click to continue…]
