Powder & Rails takes a look back at the life and legacy of Chuck Barfoot the legendary snowboard shaper, skateboard maker, and always smiling board sports ruler. Looks like nothing has changed even the way Ken Achenbach can hi-jack pretty much anything. . . including a video profile. . .
[Link: Powder & Rails]
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Tomorrow (or actually today in Australia Tuesday, February 21, 2012) the week of skateboarding madness known as The Festival of the Skateboard begins at Bondi Beach with the Tic Taco Art Show and once it gets rolling there is no slowing down until the official Bowl-A-Rama wrap party on Sunday night.
Follow the jump for all of the details. . .or click here to watch it go down live this weekend. [click to continue…]
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The 2012 World Snowboarding Championships closed on Sunday, February 19, 2012 with Chas Guldemond and Spencer O’Brien taking world titles in Slopestyle. On Saturday, February 18, 2012 Iouri Podladtchikov and Kelly Clark nabbed titles in the halfpipe.
For the complete results, follow the jump. (How’s that for in-depth coverage?) [click to continue…]
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A 41-year-old snowboarder died after an avalanche swept him 500 feet off a cliff near Washington’s Alpental Resort, Sunday, February 19, 2012, according to a story in the Seattle Times.
The Alpental slide happened around 11:30 a.m. . . The man’s friends called the ski patrol, who found the man partially covered in snow, the Sheriff’s Office said. Rescuers were unable to revive the man.
According to a story in the Seattle Times, rescuers were not able to find the man for “a hour and a half.” The snowboarder was one of four people to die in two separate avalanches on Sunday. Our thoughts are with the victims family and friends.
[Link: Seattle Times]
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Shawn Stussy is someone we often wonder about. There is much about the action fashion business word that Shawn hasn’t experienced two or three times. Having sold off his last name years ago, he continues to dabble in the things that made him famous, but at a much slower, lower pace. Seth Epstein rolled by Shawn’s S/DOUBLE Studio with a Canon 5D Mark 2 and rolled some video for a while. This is the result.
[Link via Slamxhype]
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Sandra Thompson, a retired British school teacher, was celebrating her 59th birthday with her family at Austria’s Kitzbuhel Resort when she fell and hit the back of her head in what is being reported as “an innocuous little fall” according to a story in the Daily Mail. Two days later she was dead.
The following day Mrs Thompson, who was wearing a helmet, fell and hit the back of her head on the snow, while coming down an easier ‘blue’ route. . . She was airlifted to hospital but never regained consciousness and died at Innsbruck University Hospital – just a week after her 59th birthday. . . Holding back tears, her husband Mr Thompson, a managing partner at a solicitors firm, said: ‘One minute everything is fine, you’re all enjoying yourselves, laughing and joking. . . ‘The next minute Sandra was unconscious and never came around.
Our thoughts are with the entire Thompson family.
[Link: Daily Mail]
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The 2012 World Snowboarding Championships from Oslo, Norway are going down live this weekend. But if you can’t be there, might as well watch it live on Livestream.
Friday morning, February 17, 2012 features the Finals of the Quarterpipe with Halfpipe finals on Saturday (Norway time) and with Slopestyle finals on Sunday. Remember: they are 9 hours ahead of PST. Click here for all the details.
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Podium Distribution’s Tim Gavin joins Torey Pudwill on the Ride Channel’s The Weekend Buzz with Erica Yary and Rob Brink. Was it hot in there or was that just Erica?
[Link: Ride Channel]
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Nixon co-founders Chad DiNenna and Andy Laats are smiling today as they find themselves back on the list of company owners after a deal announced today which valued the company at US$464 million.
Billabong has entered into definitive agreements with Trilantic Capital Partners (“TCP”) to establish a joint venture to accelerate the growth of the Nixon brand globally. . . Billabong and Trilantic will each hold approximately 48.5% of Nixon, a leading brand in the global youth accessory market, and management will purchase the remaining 3.0% stake. . . Billabong expects to realise net proceeds of approximately US$285 million1 as a result of this transaction, all of which will be used to repay debt.
In other words, Billabong sold half of Nixon to a private equity fund to raise cash. But, Laats and DiNenna will stay on as CEO and EVP of Marketing (and own three percent of the company) so everything is as it should be, it appears. One question: does this mean Nixon could have two different private equity firms as owners? That could get interesting.
For more official details on the deal follow the jump. [Photo: Todd Richards] [click to continue…]
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Trading was halted today (Thursday, February 16, 2012) on shares of Billabong “pending an announcement on the strategic capital structure review,” according to a story on Bloomberg.
The company, which is due to report earnings for the six months ended Dec. 31 tomorrow, didn’t mention the Australian Financial Review report or say whether it received an approach. . . John Mossop, a spokesman for Billabong, said he couldn’t comment beyond the statement. A Sydney-based spokeswoman for TPG declined to comment.
Will be interesting to see if Billabong can remain independent. . . it’s not looking good. Especially when you read headlines like this one from The Australian: Billabong Beached As The Raiders Close In.
[Link: Bloomberg]
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