by The Editors on June 25, 2013
After a ride of nearly 15 years, Transworld Surf magazine appears to have come to a closeout. The staff is now reportedly working on the final issue of the magazine. At a meeting this morning (June 25, 2013) in Transworld’s Carlsbad, California offices, it was reportedly announced to the staff that the print magazine would be shutting down, however, the website would continue under the leadership of Justin Cote and Zander Morton.
This news come just one month after it was announced that GrindMedia/Source Interlink had purchased Transworld Media from the Bonnier Corporation. When that transaction was announced GrindMedia Senior Vice President and Group Publisher Norb Garrett said on May 20, 2013 suggested that there were no plans to cut any Transworld brands or employees. How quickly things change.
In an interview posted on the GrindMedia owned Transworld Business Garrett explained the decision:
The first question everybody in the industry asked us was “can you do three surf mags?” That was a question we needed to answer first before we did anything else. While we could have on day one just closed TW Surf, which would have made a lot of sense to a lot of people, I really felt that we owed the brand and the market an opportunity for us to understand more about how the brand fit into the space. That was information we couldn’t get until after we had the brand and could have the conversations with advertisers, people in the industry, and even people outside the industry. Over the last month we spent a lot of time asking that question and the answer we came up with was no.
Garrett said that a few of the staff will be offered other opportunities in the company, and a few employees will be cut. No other title cutbacks were announced in the meetings held June 25, 2013 according to the story, but it seems likely in this changing media environment that more evolution will take place in the coming months. For the rest of Garrett’s interview click the link.
[Link: Transworld Business]
by The Editors on June 25, 2013
by The Editors on June 25, 2013
Billabong’s potential sale of RVCA, Element, or Dakine apparently has investors feeling more positive about the company according to a story on Bloomberg.com.
Shares in the company, which has breached debt repayment terms, surged as much as 35 percent following the statement to the Australian stock exchange and were 31 percent higher at 17 Australian cents at 2:49 p.m. in Sydney.
It’s sad when a 30 percent “surge” takes a stock to 17 cents, but good news is good news. The cause of the surge was a company update (which you can read after the jump) in which Billabong said that it has “entered into separate discussions with Altamont Capital Partners and Sycamore Partners regarding proposals presented to the Company for alternative refinancing and asset sale transactions.”
Guess the big question now is who will get what? [click to continue…]
by The Editors on June 21, 2013
It’s always good to see good people getting good coverage for doing good things. And when it comes to an industry that seems to enjoy bathing in energy drink money it’s always good to see Austin Smith and Bryan Fox preaching the Drink Water message.
Here is a bit from their recent Outside Online story:
The for-profit venture sells t-shirts, sweatshirts, reusable water bottles and a few other accessories. Ten percent of sales go to Water.org, an organization that develops clean water access and sanitation solutions in the developing world. (It was co-founded in 2009 by actor Matt Damon and engineer and entrepreneur Gary White.) . . . Drink Water isn’t putting a big dent in the global water crisis—last year it sent Water.org around $12,000 through sales and fundraising efforts—but it is setting a healthy example for kids. “We’re not the health cops, but I like the idea that people take the brand and use it as a way to think about what they’re consuming. If you want to keep doing active shit, you have to have a functional body,” says Fox.
We appreciate Drink Water because it makes kids think and hopefully it will help make at least a few athletes who take energy money think again.
[Link: Outside Online]
by The Editors on June 21, 2013
Volcom is taking some tips from parent company Kering and is putting out some footwear that looks nothing like sister company Puma’s offerings. Here is their justification for those who have forgotten what Volcom is all about:
Volcom is a “modern-lifestyle” brand that embodies the creative spirit of youth culture. Our dedication to creating amazing footwear that compliments and completes our apparel and accessory collections affirms Volcom’s ultimate goal, which is to provide high-quality lifestyle-enhancing product to people that share our passion for art, music, film and riding. Volcom was founded on liberation, innovation and experimentation while remaining focused on breaking-down established traditions.
Those are some “youth against establishment” boots if we’ve ever seen them.
by The Editors on June 21, 2013
What more do you need to know? Russian bikini girls wearing high fashion footwear and surfing in a competition. Maybe this is something the ASP could consider now that they’re taking surfing to the mainstream. . .
by The Editors on June 20, 2013
Founding Nixon Canadian sales team member Brian White has been named to the position of Director of North American Wholesale Sales at Nixon where he will oversee the company’s US and Canadian wholesale sales and report to Mike Hoefer.
“This is a unique and exciting time,” stated White. “I feel it’s the perfect opportunity for me to impact the Nixon business with their very talented team. I am excited to learn from their expertise and help optimize the performance of the inside and outside sales teams. As one of the founding sales reps of the brand, I have experienced Nixon’s successes and feel the best years are to come.”
Congrats, Brian! For the official word from Nixon, follow the jump. [click to continue…]
by The Editors on June 20, 2013
If you’ve ever thought of donating to help the work of the Stoked organization with under-served youth, this month is the time to do it. The George C. Fund will match anything you give (up to $15,000) between now and June 30, 2013. So it’s like giving doubles.
There hasn’t been a better time to join us. Become a STOKED Igniter and help #closethegap. . . With your support, our youth are empowered with the STOKED community, values and skills to achieve the success of their dreams. Through action sports culture, our youth can jump the gap.
For more details click here for Stoked or follow the jump. [click to continue…]
by The Editors on June 20, 2013
World Industries pros Andrew Cannon, Anthony Shetler, and Derek Fukuhara along with Ams Billy Davenport, Chris Mathis, and Mike Franklin are hitting the road next week on the WRLD Long Hard Summer Tour fueled by Plyagra. The demo tour begins at VU in Parkville, Maryland on Monday, June 24, 2013 and finishes up 13 stops later at Skater’s Edge in Tauntan, Massachusetts on July 10, 2013. If you live in the East Zone check it. For the full schedule follow the jump. [click to continue…]
by The Editors on June 20, 2013
Ryan Burch will be showing a collection of his surfboard shapes tomorrow (Friday, June 21, 2013) in The Garage at UNIV in Encinitas, California. The show, titled Functional? Water Deflecting Sculpture Not For Sale, will highlight the innovative shapes that Burch will spend the next year surfing.
Ryan is a local Encinitas surfer and shaper and utilizes his vast knowledge of surfboard design history to craft futuristic asymmetrical surfboards from beyond. He has gained widespread attention as both a test pilot and conceptual craftsman and stands at the forefront of the do-it-yourself movement and innovation.
The opening runs from 7 – 10 PM and will feature music and beer. UNIV is located at 1053 S. Coast Hwy in Encinitas, California. For the official word, follow the jump. [click to continue…]
After a ride of nearly 15 years, Transworld Surf magazine appears to have come to a closeout. The staff is now reportedly working on the final issue of the magazine. At a meeting this morning (June 25, 2013) in Transworld’s Carlsbad, California offices, it was reportedly announced to the staff that the print magazine would be shutting down, however, the website would continue under the leadership of Justin Cote and Zander Morton.
