by The Editors on November 7, 2008
Say what you will about Adrenalina CEO Jeffrey Geller, but by blending bi-lingual marketing, in-store FlowRiders, and sideshow carnival showmanship Geller is creating the Cabela’s of boardsports stores.
The new 12,000 square foot store, which is having its grand opening tomorrow November 8, 2008, is in the International Plaza Mall in Tampa, Florida and features both the FlowRider and a juice bar.
As we continue with our retail expansion strategy, we are thrilled to bring the Adrenalina experience to the Tampa area,” commented President and COO Jeffrey Geller. “In addition to the FlowRider, the larger retail space allows us to add an even greater selection of top brands, such as Billabong, Volcom, Quiksilver, Zoo York, O’Neil, and Ed Hardy, giving the consumer the ultimate extreme sports experience.”
All the PacSun posing aside, something must be working.
[Link: MarketWatch]
by The Editors on November 6, 2008
Former world champion snowboarder Chris Karol is bringing the Quantya electric motorcycle to America via his new website Shredelectric.
I have a long history in the action sports industry and I have worked with many cutting edged products throughout the years, but I have yet to be as excited as I am now about the electric motorcycles we are bringing into the U.S.,” said Chris Karol, CEO of Shredelectric.
The bikes cost more than $10k so go ahead and shred the rad, but don’t pat the dog.
[Link: Market Watch]
by The Editors on November 6, 2008
While PacSun same-store sales were down 11 percent and Zumiez was down 13 percent, Urban Outfitters was reportedly up 17 percent, according to Forbes.
Same-store sales for its Urban Outfitters brand climbed 17 percent, while Anthropologie same-store sales edged up 2 percent and Free People same-store sales increased 4 percent.
Are action brands beginning to slip?
[Link: Forbes]
by The Editors on November 5, 2008
The street is not so happy with Zumiez after the company released a same-store sales drop of 13.1 percent in October. Not that it was surprising. It was just lower than expected.
That compares with a same-store sales gain 5.1 percent for the comparable period last year. . . . Analysts surveyed by Thomson Reuters expected same-store sales to fall 6.5 percent for the four weeks ended Nov. 1.
Net sales were up 1 percent, but with the economy and a “highly promotion retail atmosphere” we really can’t fault them. The stoked closed down 76 cents at $8.59.
[Link: Forbes]
by The Editors on November 4, 2008
One of our favorite style shops, Univ, based in Encinitas, California has recently introduced its collab with Dave Lee’s Signal Snowboards.
The board is manufactured in partnership at Signal’s state-of-the-art “The Lodge” Factory in California, USA. . . . UNIV and Signal founder Dave Lee are old friends and we could not imagine a better brand to affiliate with. Signal’s dedication to snowboarding and “keeping it real” is commendable.
The 155 cm board looks good to us, even at $500 a pop. Click here to buy one.
[Link: Robust Flavor]
by The Editors on November 3, 2008
Alleged pro snowboarder Jesse Csincsak, the winner of the last season of The Bachelorette has been dumped by his finance DeAnna Pappas just four months after the two became engaged, according to a story on Eonline.
The duo had been planning to tie the knot May 9, 2009, and had even started a website to track their whirlwind courtship. . . .”I really felt like I was going to spend the rest of my life with him. I thought he was my fairy-tale ending,” Pappas told In Touch Weekly. “But after the show was over and we settled in to our normal lives, I slowly came to realize that we are two totally different people and it wasn’t going to work out.”
Whore.
[Link: Eonline]
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 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
Just got the official email. Mammoth Mountain opens tomorrow, November 3, 2008.
A powerful storm hit the Eastern Sierra over the weekend dropping up to 18 inches of snow on Mammoth Mountain. By late Sunday, resort operators made the decision to open the slopes for skiing and riding on Monday, November 3, a full 10 days prior to schedule.
Kind of late notice but it looks like we were right. Tickets are $52 and the Broadway express will begin running at 9 AM.
[Link: Mammoth Mountain]
by The Editors on November 2, 2008
It’s a party. It’s an art show. And the money is going to a good cause. Plus, Bob looks like he could still use a Tijuana Panthers crew cut, baby.
[Link: Hurley]
