by The Editors on March 10, 2008
He’s a great guy and a great story and it seems that USA Today, just can’t get enough of skateboarding’s chairman of the board Tony Hawk. And Tony seems ever ready to do answer all the same old questions.
Hawk, like Tiger Woods and Michael Jordan, belongs to that rare breed of athlete-entrepreneurs whose names and brands have transcended their sports and become mainstream icons in the popular culture.
He is definitely a work-a-holic who keeps his empire rolling.
[Link: USA Today]
by The Editors on March 7, 2008
Quiksilver has not been having a great first quarter. Though their total revenue is up 14% over first quarter 2007, they are down nearly $20 million in profits compared to last year:
Consolidated income from continuing operations for the first quarter of fiscal 2008 was a loss of $14.7 million, or $0.12 per share, compared to income of $6.8 million, or $0.05 per share, for the first quarter of fiscal 2007. . . . Robert B. McKnight, Jr., Chairman of the Board, Chief Executive Officer and President of Quiksilver, Inc., commented, “Although we are not satisfied with our financial results in general, we are pleased that our core apparel and footwear operations enabled us to partially offset the more difficult than expected results from our wintersports equipment business. As we go forward, we are energized to regain focus on our core opportunities. We are executing a variety of strategies to improve our gross margin, reduce our expense levels and generate cash flow to repay our indebtedness. We are resolved to continue to pursue strategic transactions to reduce or eliminate our exposure to our wintersports equipment business.”
[Link: MarketWatch.com]
by The Editors on March 7, 2008
by The Editors on March 6, 2008
Shred or Die is a blown out user generated content site anchored by “celebrity” skateboarder Tony Hawk and funded by Will Ferrel and his Funny or Die friends. Enough said. Full press release after the jump.
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by The Editors on March 6, 2008
After announcing that it’s same-store sales in February fell 2.6 percent (which doesn’t sound like a whole lot to us) Zumiez stock took a 14% plunge this morning.
The Everett company (NASDAQ: ZUMZ) said total sales increased last month to $23.1 million from $20.7 million. . . . Analysts were expecting February same-store sales to grow by 1.4 percent to 2 percent so the decline caught some by surprise. Sara Hasan at McAdams Wright Ragen in Seattle lowered her 2008 fiscal year earnings estimate from 97 cents to 92 cents, but she kept a “buy” rating on the stock.
This on the same day that Pacific Sunwear announced that it’s total sales for February increased seven percent and same-store sales for the month increased six percent. Hmmm. . .
[Link: Puget Sound Business Journal]
by The Editors on March 3, 2008
by The Editors on March 3, 2008
Volcom is up to six retail stores with the December opening of their Telegraph Ave. store in Berkeley, California “just a stone’s throw from the Cal Berkeley campus.” But they waited until last Friday night to have a grand opening party.
People filled the Volcom store on Telegraph Avenue Friday night to celebrate its grand opening with an all-ages party complete with free beer, free pizza and live music.
Although the boardsports-oriented clothing store officially opened its doors for business in December, they wanted the community to become more familiar with their products.
“We just want to introduce ourselves to the community and let everyone know we’re in town,” said Jeff Roberts, vice president of retail for Volcom.
And the Stone marches on.
[Link: The Daily Californian]
by The Editors on March 2, 2008
According to BusinessWire:
Zumiez Inc. (NASDAQ:ZUMZ) today announced that the Company’s conference call to discuss fourth quarter fiscal 2007 financial results will be broadcast live over the Internet on Thursday, March 13, 2008 at 5:00 p.m. Eastern Time and may be accessed at http://ir.zumiez.com. To listen to the webcast, please go to the website at least 15 minutes prior to the start time to register and download any necessary software.
[Link: BusinessWire]
by The Editors on February 29, 2008
Skate and Annoy had a much better title in their coverage of this horrific new roller board that reminded us of our youth spent listening to the Surf Punks, but we’re just going to call this new invention a “fruit board” because it’s an amalgamation of a fruit boot and a skate board. It’s inventors apparently call it an “on shore board.”
Sad, retarded, and destined for failure.
[Link: Skate and Annoy]
by The Editors on February 29, 2008
Pierre Andre Senizergues has put his personal interior designer Gil Le Bon De LaPoint on the road with a rolling art/design project called Skate Study House (a skateboarding twist on Arts & Architecture magazine’s ground-breaking Case Study House project of the mid century). The duo most recently closed their launch show on February 2, 2008 in Paris at Colette (213 rue Saint-Honore 75001 Paris). Here’s what they say about the show:
SKATE STUDY HOUSE (SSH) is an innovative design concept specializing in recreating popular furniture through the vision of a skateboarder. The movement of a skateboarder constantly changes — it recreates itself by transcending boundaries and inventing ways to conquer obstacles. It’s constantly about anticipation and adaptation to one’s environment. The same is true for living design. The combination of the two produces a mixture of contemporary lifestyle, art and action sports culture, which is all found in this unique collection.
In other words, Pierra and Gil have taken all the iconographic mid-century furniture and interior designs and made them out of skateboards (with help from Jim Gray of Acme). Represented deviations include several Eames chairs, a Nelson Platform Bench, Nelson Clock and Coat Rack, and a Noguchi table. And it’s all for sale. Photos after the jump.
[Link: Skate Study House]
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