{"id":16538,"date":"2010-06-30T07:15:19","date_gmt":"2010-06-30T14:15:19","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=16538"},"modified":"2010-07-01T11:37:58","modified_gmt":"2010-07-01T18:37:58","slug":"billabong-snatches-up-west-49","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=16538","title":{"rendered":"Billabong Snatches Up West 49"},"content":{"rendered":"<p><a href=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2010\/06\/west49_billabong.jpg\" onclick=\"window.open('http:\/\/www.boardistan.com\/wp-content\/uploads\/2010\/06\/west49_billabong.jpg','popup','width=209,height=150,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2010\/06\/west49_billabong-tm.jpg\" height=\"143\" width=\"200\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"West49 Billabong\" \/><\/a>Here we thought <strong><a href=\"http:\/\/www.billabong.com\/\" target=\"_blank\">Billabong<\/a><\/strong> was busy buying <strong><a href=\"http:\/\/www.rvca.com\/\" target=\"_blank\">RVCA<\/a><\/strong> and then they announce that they&#8217;ve just purchased <strong><a href=\"http:\/\/www.west49.com\/\" target=\"_blank\">West 49<\/a><\/strong>, the Canadian action mall retailer (the Zumiez of Canada) for $94.3 million, according to a story on <strong><a href=\"http:\/\/www.reuters.com\/article\/idUSSGE65T0EB20100630\" target=\"_blank\">Reuters<\/a><\/strong>.<\/p>\n<blockquote><p>The company said the acquisition of the 138 primarily mall-based retail outlets operated by West 49 will help boost its earnings in 2011. . . .&#8221;West 49 is a complementary business and promises to be an ideal Canadian distribution platform for Billabong to showcase its brands and extend its reach,&#8221; Billabong Chief Executive <strong>Derek O&#8217;Neill<\/strong> said in a statement.<\/p><\/blockquote>\n<p>In a <strong><a href=\"http:\/\/www.theglobeandmail.com\/globe-investor\/west-49-skates-into-deal-with-billabong\/article1624155\/\" target=\"_blank\">Globe &#38; Mail<\/a><\/strong> story West 49 CEO <strong>Sam Baio<\/strong> explained the sale like this:<\/p>\n<blockquote><p>\u201cIt makes sense today for powerful brands like Billabong to own retail stores,\u201d Mr. Baio, who will remain chief executive officer of West 49, said in an interview. \u201cI think we could safely say that we would want to grow the exposure of Billabong stores. We would definitely expand the Billabong concept into markets we\u2019re not in yet.\u201d<\/p><\/blockquote>\n<p>Way to own the channel. . .To recap Billabong&#8217;s retail march they now own: <strong><a href=\"http:\/\/www.beachworksshops.com\/\" target=\"_blank\">Beach Works<\/a><\/strong>, <strong><a href=\"http:\/\/findarticles.com\/p\/articles\/mi_qa5293\/is_200401\/ai_n24275314\/\" target=\"_blank\">Honolua Surf Company<\/a><\/strong>, <strong><a href=\"http:\/\/www.boardistan.com\/?p=12697\" target=\"_blank\">most of Australia&#8217;s Surfstitch.com<\/a><\/strong>, all of <strong><a href=\"http:\/\/www.boardistan.com\/?p=11894\" target=\"_blank\">Swell.com<\/a><\/strong>, <strong><a href=\"http:\/\/www.boardistan.com\/?p=16032\" target=\"_blank\">Becker Surf<\/a><\/strong>, plus their Billabong branded stores.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.reuters.com\/article\/idUSSGE65T0EB20100630\" target=\"_blank\">Reuters<\/a><\/strong><strong> via <\/strong><strong><a href=\"http:\/\/www.sportsonesource.com\/news\/spor\/spor_article.asp?section=9&amp;Prod=1&amp;id=33745\" target=\"_blank\">Sports One Source<\/a><\/strong> and <strong><a href=\"http:\/\/www.theglobeandmail.com\/globe-investor\/west-49-skates-into-deal-with-billabong\/article1624155\/\" target=\"_blank\">Globe &#38; Mail<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here we thought Billabong was busy buying RVCA and then they announce that they&#8217;ve just purchased West 49, the Canadian action mall retailer (the Zumiez of Canada) for $94.3 million, according to a story on Reuters. The company said the acquisition of the 138 primarily mall-based retail outlets operated by West 49 will help boost [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,16,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/16538"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16538"}],"version-history":[{"count":5,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/16538\/revisions"}],"predecessor-version":[{"id":16562,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/16538\/revisions\/16562"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16538"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}