[Link: Adidas Skateboarding]
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The waves yesterday (August 22, 2009) at Flagler Beach, Florida. Looked pretty good, huh?
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Just one of the reasons we’re okay with missing Surf Expo this year. . . bungee skateboarding. So how was that Nick?
[Link: Central Florida Top 5]
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The United States Postal Service helped celebrate the 50th anniversary of Hawai’i statehood with a brand new surfing stamp that was desinged by Herb Kawainui Kane (no relation to Rick).
“We’re proud to play a part in this significant anniversary for Hawai‘i and especially proud that the stamp will serve as a lasting reminder of this special occasion,” said U.S. Postal Service Honolulu District Manager Daryl Ishizaki in dedicating the 44-cent First-Class stamp that goes on sale nationwide today. . . Joining Ishizaki in dedicating the stamp was Hawai‘i Governor Linda Lingle.
The 44-cent First-Class stamp that goes on sale nationwide today. Follow the jump for the rest of the story.
[click to continue…]
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Circa’s work for Transworld Skateboarding’s Skate & Create II proves that epic creativity arises out of artistic constraints much more fully than from unbridled freedoms. When you see how small an area they shot this in, it’s even more amazing.
[Link: Skateboard.it]
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Former Coal Headwear employee and Seattle resident Logan Neitzel is the latest action worker to end up on reality TV, according to a post on The Tackeled Box.
Logan used to work with us at COAL. He was the dude that did all the spec’n for the O.E.M. customers. He also worked at Markus Martini Bar where the Seattle Paper voted him the “Hottest Bartender in Seattle.” No doubt now with this TV action, Logan will be swimming in tail.
Well, he’ll at least be recognized by women and gay men everywhere. . .
[Link: Tackled Box]
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The guys from Inifinity Surf find another really, really, great place for people to stand up paddle. Serioulsy. Everyone should go there. . .
[Link: Infinity Surf via Dana Point Times]
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The Courier-Mail says Billabong got hit with a “wave of excess boardshorts” and that has caused the company’s annual profits to drop for the first time ever (13.3 percent).
Chief executive officer Derek O’Neill (pictured right) said retailers worldwide were cautious and curbing their forward orders. But he ruled out deep discounting. . . “Late last year we couldn’t unwind our costs fast enough,” Mr O’Neill said. “We were left with a lot of inventory after we saw a rapid slowdown in sales, especially in the US and our wholesale customers were holding back deliveries. . . “Our model was excellent for a long time and we got a bit of a slap but our brand is still strong. . . “Ultimately we need to work with the retailers to get the best product, but they need to give us the indication of what they want and when they want it otherwise it’ll be like a lucky dip with product shortages. . . “Everyone says they are buying less product so I hope the dice comes up how they want it but it’ll come back, I just don’t know how long it’ll be.”
The company still made a profit of AUS$153 million.
[Link: The Courier-Mail]
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Zumiez didn’t really have the greatest news to report yesterday during their Q2 conference call (click here for a complete transcript). Their same store sales were down 18.8 percent vs. last year, total sales fell $6.5 million, and they operated on a loss of $3 million ($.10 a share) for the quarter (down from a $2.7 profit a year ago). But, it wasn’t as bad as analysts thought, according to a story in Puget Sound Business Journal.
Over at Pacific Sunwear things were a little different. Their Q2 same store sales dropped 24 percent and they had a net loss of $14.2 million ($.22 a share) for the quarter.
Discussions on Twitter yesterday were asking why there was such a difference between two retail chains that basically sell the same product in the same malls. To us the answer is obvious. From the sales people at the mall all the way up to the executives running the company, Zumiez knows that first and foremost they are selling a lifestyle. And they know that in order to sell the style they need to be connected to the life. This shows in Zumiez promotions, branding, and especially in their employees. PacSun, on the other hand, appears to be simply trying to sell clothing.
This is why, more than anything else, we believe Zumiez is doing better the PacSun in what is a pretty dismal market. And with Zumiez stock up 17 percent this morning and PacSun is down 12 percent, it would appear that the street agrees.
[Link: Puget Sound Business Journal, Forbes, and Seeking Alpha]
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Yep. Looks like Grant “Twiggy” Baker got a pretty good one on Sunday, according to a Pete Thomas blog post in the LA Times.
“Obviously this was a historic day for us at Dungeons, not just the size of the waves but also how clean it was and that it lasted an entire day,” said Grant “Twiggy” Baker, who is South Africa’s premier big-wave charger. “This is very unusual and the fact that we got to surf it for 10 hours straight meant we became very comfortable out there and managed to push ourselves that little further.”
That is a man-size paddle. . .
[Link: LA Times]
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