by The Editors on May 2, 2008
According to Investerms :
Volcom, Inc. (NASDAQ: VLCM) shares are soaring more than 25% midday Thursday on practically five times trading volume after first quarter results and an analyst price target upgrade.
The California-based clothing and accessory maker that sells products under the brand Volcom has added more than $100 million in market capitalization after reporting a 70.4% increase in first quarter net income. Net income rose to $9.3 million, or 38 cents per share, from $5.5 million, or 22 cents per share, on a 58.5% increase in revenues. Even with this drastic sales growth, Volcom managed to increase gross profit slightly to 52.4% from 52%.
Sometimes we’re glad we don’t own Volcom stock, and other times (like today) we’re bummed.
[Link: Investerms]
by The Editors on May 2, 2008
Crimson Skateboards, Inc and Kris Markovich have decided to part ways under amicable terms. Sam Uisprapassorn, part owner of Crimson Skateboards stated that the parties agreed to go their separate ways after disagreements developed over the operations and direction of the company.
“I wish Kris and his team all the best in the future, but it was time for us to go our separate ways.” Crimson Skateboards will continue to be distributed by Arthouse Skateboard Distribution, Inc. stated Uisprapassorn.
Please direct all inquires to Sam Uisprapassorn via email: sam@arthousedist.com or 949-650-5228.
by The Editors on May 1, 2008
As seen on Hypebeast :
Slap, one of the original skateboarding magazines, collaborated with Nike SB to commemorate its 15th anniversary. The collaboration uses Nike SB’s Abbington as the base with all 15 covers of the magazine printed. It is mainly black with blue toe and heel accents and an embroidered roman numeral, XV, on the front. These will only be available in select shops in the U.S.
Source: Miszapas
If every one of the magazine’s readers buys a pair, well, they’ll sell a couple of them.
[Link: Hypebeast]
by The Editors on April 24, 2008
Think about the harassment this kid will get for the rest of his life:
The fire brigade was called to Hemel Hempstead Hospital after a teenager got a skateboard bearing stuck on his finger last Sunday (April 20). . . Staff in Hemel Hempstead Hospital’s A&E department called fire crews after they could not remove a bearing from a skateboard wheel that a youth had got wedged on his middle finger on his left hand.
Firemen tried using a hacksaw blade to remove it,ADVERTISEMENT but it wouldn’t budge. Unable to get it off, they turned to the Adeyfield car parts and accessory shop, Motorway Belts and Components LTD. Using the shop’s grinder they were able to free they teen’s finger.
Kids, keep those fingers away from your bearings.
[Link: Hemel Today]
by The Editors on April 23, 2008
After seeing all the things that Bam has no problem sharing with the world via his Jackass escapades, him having sex would probably be one of the least offensive things we’ve seen. But that’s exactly what is reportedly on it’s way via a pay-per-view website.
The TV star – who has previously been romantically linked to Jessica Simpson – is allegedly shown in the tape performing sex acts with blonde Lindsay Hughes, the fiancee of New York radio host Gregg ‘Opie’ Hughes.
U.S. magazine Steppin’ Out reports the tape has been obtained by a former employee of Gregg Hughes, who is now considering taking legal action in a bid to stop the film being published on the Internet. . . . The publication’s Chaunce Hayden tells New York gossip column PageSix, “They’re doing the nasty – and I mean nasty. Hughes is taking legal action to prevent its distribution.
[Link: New York Post]
by The Editors on April 22, 2008
According to the Houston Chronicle William M. Barnum Jr., a director of Zumiez Inc. just bought 54,937 shares of Zumiez.
In a Form 4 filed with the SEC, William M. Barnum Jr. reported he bought the shares for $18.05 to $18.40 apiece on Thursday.
Wonder if he knows anything?
[Link: Chron.com]
by The Editors on April 20, 2008
While we may not so sure about “The Triathlon of a New Generation” a.k.a. the Ultimate Boarder 2008, a contest in which athletes compete in snowboarding, surfing, and skateboarding with combined scoring, we are absolutely sure that the right guy won.
Carlsbadistan’s Aaron Astorga edged out pro snowboarder and ESPN commentator Todd Richards and rolled away with a check for $30,000.
“It was an amazing event and everyone had a great time,” said Ultimate Boarder™ champion, Aaron Astorga. “The contest organizers did an unbelievable job of bringing all of the surfers, skaters and snowboarders together and I know a lot of us are already looking forward to next year’s contest.”
Follow the jump for all the details.
[click to continue…]
by The Editors on April 19, 2008
According to KTLA.com a teenage skateboarder was shot and killed at Madison Middle school in North Hollywood last night around 7:30 PM.
The shooting was reported around 7:30 p.m. on Hart Street and Ethel Avenue, Sgt. G. Patton of the Los Angeles Police Department said. . . The victim, who was not yet identified, was taken to a hospital where he was pronounced dead. . . .Police had no information on a motive, but video crews on the scene said the shooting involved at least two juveniles.
Video crews on the scene? Anyone know who was rolling video in North Hollywood last night?
[Link: KTLA.com]
by The Editors on April 19, 2008
In an email sent out to Transworld Media employees on the morning of April 18, 2008 Group Publisher Jeff Griffing announced that after six months on the job he would be leaving Transworld Media and moving east (the second time in the last year that he has quit and moved).
My wife and I have decided to leave southern California to raise my son Jake back east. . . .There will be rumors that I left because I’m frustrated with Bonnier, Winter Park, whatever…..none of which are true.
His replacement: former VP of Sales and long-time Transworld adman Liam Ferguson. Mr. Ferguson will have the distinction of being Transworld Media’s seventh Group Publisher in the last five years.
by The Editors on April 14, 2008
While we don’t really understand it, Benjamin “Benny Gold” Weiner, is building a design empire on his designs for Nike, Adidas, Stussy and Levis. Here he is profiled in the San Francisco Chronicle.
[It’s] about not losing sight of your youth,” Gold says about the derivation of his nickname. “It’s important for me to remain youthful as I grow. The reference to gold symbolizes success and achievement.”
Gold’s big break came in 2002 when he was hired to create a logo for Huf, a string of streetwear boutiques opened by professional skateboarder Keith “Huf” Hufnagel. Shortly thereafter, he became the lead designer for Huf, creating urban-inspired sneakers and clothing in limited-editions that quickly became coveted items.
For the rest of the Benny story, click the link.
[Link: San Francisco Chronicle]
