Follow us on twitter and we’ll overload you with useless info, mindless babel, and occasionally a dose of some worthwhile information. Click it to follow: http://twitter.com/boardistan.
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Follow us on twitter and we’ll overload you with useless info, mindless babel, and occasionally a dose of some worthwhile information. Click it to follow: http://twitter.com/boardistan.
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How’s that for a nice Stump Alley costume on Halloween? SoCal needs to get their gear ready, because with the storms stacking up off the Pacific it looks like Mammoth Mountain’s opening day 08/09 could be only days away: literally. Stay tuned.
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Surf of the Dead from Chad Huff on Vimeo.
[Link via TheVansBlog]
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In its original sales announcement in August 2008, Quiksilver was reportedly unloading Rossignol to Chartreuse & Mont Blanc for EU75 million in cash and EUR25 million sellers note (or a total of EUR100 million). But that was in the days before the crash. Now the deal, which is supposed to close “in early November,” looks quite different.
. . . the parties agreed to recast the terms of the sale due to the recent challenges in the global credit markets. The revised transaction reduces the cash payment to Quiksilver upon closing from 75 million to 30 million and reduces the seller’s note from 25 million to 10 million.
So, the price former Rossignol CEO Bruno Cercley is now paying for the company is only EUR40 million. That’s a 60 percent discount after only two months. How’s that for a company for which Quiksilver originally paid $320 million?
[Link: MarketWatch]
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Citing weak sales of surf and snowboard gear in the UK, O’Neill’s exclusive UK distributor Blacks Leisure has reportedly begun talks to pull out of the deal with the surf company.
The Northampton, England-based company plans to end the O’Neill contract in January, Chief Executive Officer Neil Gillis said today in a telephone interview.
Wonder if that drop in sales had anything to do with the issues surrounding the company’s firing of Darren Spurling back in May?
[Link: Bloomberg]
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Jen Stewart, the owner of Jen’s Deli in Wilmington, Ohio has just purchased the world largest skateboard from the creators of the board in Bay de Noc Community College.
The huge skateboard, a product of an engineering class project, is recognized as the world’s largest skateboard in the 2009 edition of the “Guinness Book of World Records.” In order to qualify to be in the book, a “Big Wheel” skateboard has to be operational just like a normal skateboard. . . . “There’s no motors, no brakes, and it moves side to side. It has a 50-foot turning radius. Takes 12 people to ride,” an elated Stewart said Thursday after her first time on board.
She said she’s going to use it for parades and special events, and maybe breaking a few more records with it.
[Link: Wnews]
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Apparently this is news in China (and consequently Boardistan as well):
A burglar tried to flee the scene of his crime on a skateboard but slammed into a wall after a short distance on Oct 22, in Nanjing, Jiangsu province. . . . Around 4.30 am, the thief stole a bag of auto parts from a warehouse and climbed down the wall. . . . As soon as the 30-year-old hit the ground, a security guard in the warehouse tried to capture him. . . . To the sentry’s surprise, the thief jumped on a skateboard and fled. . . .But he was not so adroit on wheels and crashed into a wall and fell, making him an easy catch for the guard.
Haa, haa, haa. Skateboard so funny.
[Link: China Daily]
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Active Ride Shop has a pretty good deal going here. Much to the chagrin of other SoCal retailers, they’re having a huge warehouse sale tomorrow November 1, 2008 at 12087 Landon Drive in Mira Loma, California.
Interestingly, customers must pay $10 to get in to shop. The price includes a “Free Mtn High Lift Ticket,” but that’s only “while supplies last.”
Sounds a little like the CostCo model. Maybe Shane should start selling memberships. . .
[Link: Active News]
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Volcom released it’s third quarter financial results yesterday and despite an economy in turmoil, the company has increased total consolidated revenues by 23 percent. Wooly is pretty happy about it.
Our solid third-quarter performance is testament to the strength of the Volcom brand and our team amid a challenging retail environment,” said Richard Woolcott, Volcom’s chairman and chief executive officer. “Managing our business with discipline, commitment and focus is essential during these times of economic uncertainty, and we strongly believe that our current position as an industry leader and our healthy balance sheet will empower Volcom over the long term.”
We missed the conference call, but if you still want to listen to a replay just call (800) 642-1687 (domestic) or (706) 645-9291 (international) and enter reservation number 69147961. Or, click here for a full transcript of the call.
[Link: Trading Markets]
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Back in August we mentioned that Tony Hawk and Swinger’s director John Favreau would be on a The Sundance Channel show called Iconoclast together. Well, tonight at 10:00 PM EST, is the night.
If you have the channel watch it, it will be good.
[Link: Iconoclasts via Mountain and Wave]
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