by The Editors on June 6, 2009
Nothing is more important these days that protection from the sun. And what says sun protection more than ShredorDie.com co- owner Will Ferrell. Cancer For College a scholarship fund that provides money for cancer survivors going to college has announced an entirely new line of Will Ferrell’s Sunscreen Products.
Are you Sexy? Are You Hot? Then who wouldn’t want a sexy, hot tan? This sunscreen is made with our very own streaking strength formula plus one. . . All of our sunscreen products come in 6 oz bottles and are 30 SPF and provide UVA/UVB broad spectrum protection. 100% of the proceeds from sales go to the Cancer for College Scholarship Fund.
The bottles are $11.99 and come in three styles: Sexy Hot Tan, Forbidden Fruit, and Sun Stroke and can be purchased here.
[Link: Cancer For College via Acquire via CLDFX.com]
by The Editors on June 6, 2009
According to the stock trading blog BloggingStocks.com the number one consumer stock to sell right now is PacSun.
As such, Pacific Sunwear (NASDAQ: PSUN) lost its mojo and has yet to find its way. . . Earlier this year, shares bottomed at a price below $1 per share. Since that time, PSUN has been on fire more than tripling in value. . . And just two weeks ago, the company announced another quarterly loss and drop in same-store sales. . . I would take some money off the table here — PSUN is due for a pullback.
Other consumer stocks on Jamie Dlugosch’s list: Pier 1, Vail Resorts, and Cabelas.
[Link: Blogging Stocks]
by The Editors on June 5, 2009
Looks like even the rich are driving into a few ditches in this economy as the exclusive members-only Yellowstone Club resort gets sold in bankruptcy for $115 million dollars, a fraction of the $470 million previously offered by the buyer Boston Based CrossHarbor, according to a story on the Frequency: The Snowboarder’s Journal.
At the height of the luxury real estate boom, the 13,600-acre club in Montana’s Big Sky area north of Yellowstone National Park attracted such high-profile names as Bill Gates, Dan Quayle and cycling star Greg LeMond. To join, more than 300 members bought multimillion dollar mountain properties and submitted deposits of at least $250,000.
In a January 2009 essay on NewWest.com former ski filmmaker and Yellowstone Club founding Director of Skiing Warren Miller said the reason the club has not yet reached it’s ultimate goals is because of a few high profile divorces among the club’s 320 members.
And then a contentious divorce by the founders of the Club, the Blixseths, has temporarily delayed the fulfillment of the dream that every member has come to expect. Having one of those ugly divorces in my own background, I know that when you split your married financial nest egg in half, it takes a long time to recover.
Looks like even exclusive resorts can be ruined by love.
[Link: Associated Press via Frequency and NewWest.com]
by The Editors on June 5, 2009
After May ended up being Volcom’s worst month since December, analyst Mitch Kummetz of Robert W. Baird & Co. said he is lowering his forecast for the company, according to a story in the Orange County Business Journal.
He now forecasts Volcom to earn $9.9 million in the third quarter, below the $11.4 million Wall Street expects on average. . . The report sent Volcom shares down after a run-up that have seen them double since early March. Volcom has a market value of about $320 million.
And that sent Volcom shares down nearly 8 percent to $13.32.
[Link: Orange County Business Journal]
by The Editors on June 5, 2009
Rip Curl announced today that they have bumped former European CEO Olivier Cantet up to the position of group CEO beginning July 1, 2009, according to a press release on Global Surf News.
Olivier has been with Rip Curl since 2003 in his current regional role of European CEO and he will continue to manage that business alongside his new group responsibilities. Olivier takes over as Group CEO from Francois Payot, who has held the group position since 2006. . . Francois will resume his former role as Founder Director on the Rip Curl Board alongside Brian Singer and Doug Warbrick.
[Link: Global Surf News]
by The Editors on June 5, 2009
by The Editors on June 4, 2009
At the 56th Annual Meeting of the American College of Sports Medicine May 27-30, 2009 in Seattle, Washington Dr. James MacDonald, M.D. presented the findings of a recent surf injury study, but it wouldn’t take a degree in medicine to come to their conclusion about the two biggest dangers facing surfers.
Surfing under the influence of drugs or alcohol are two of the prime dangers facing surfing enthusiasts. . . The most common surfing injuries involve lacerations, contusions and soft-tissue damage, said James MacDonald, M.D., a physician and lead author of the surfing study.
Nice work, Dr. MacDonald.
[Link: Medical News Today via TCPalm]
by The Editors on June 4, 2009
by The Editors on June 4, 2009
Same store sales at Zumiez were down 20.7 percent in May as net sales fell 9.6 percent according to a story on Reuters.
“For the month, all departments posted a decline in same-store sales,” finance chief Trevor Lang said on a pre-recorded call. . . The company, which is a retailer of action sports-related apparel, footwear, equipment and accessories, said total net sales fell 9.6 percent to about $23.5 million for the four-week period ended May 30.
Guess we haven’t reached the basement yet.
[Link: Reuters]
by The Editors on June 4, 2009
After reportedly eating some “mushrooms” Jereme Rogers “pulled off his boxer shorts about 6:40 a.m. Monday and climbed onto the roof of the two-story house he shares with roommates” in Redondo Beach, California and began preaching naked from his rooftop, according to a story in the Daily Breeze.
Redondo Beach police Lt. Jim Acquarelli climbed about 20 to 30 feet to the roof, where he found Rogers yelling and screaming. Acquarelli said Rogers’ roommates told him that he had ingested the hallucinogenic drug. . . .Rogers ran back and forth around the roof’s perimeter, sitting down at the edge with his back to the street. “He would have fragmented, interrupted conversations with people that weren’t there,” Acquarelli said.
After using a conversation to get close the two officers grabbed Rogers and “sent him to County Harbor-UCLA Medical Center for 72-hour observation. He was not arrested but possibly could face charges later.”
[Link: Daily Breeze via Skatedaily.net]
