Archive for the ‘Industry’ Category

May 9th, 2013

VF Corporation Is Back Bidding On Billabong

The retailer’s (Billabong) first-half earnings before interest, tax, depreciation and amortization fell 31%, and are forecast to decline between 51% and 64% in the full fiscal 2013 year. – Shaun Cousins (J.P.Morgan analyst)

April 16th, 2013

Billabong (Gordon Merchant) Losing $960 Million

Have you heard the phrase “are you going to step over dollars to pick up pennies” well this has happened to Gordon Merchant who was offered $3.30 a share from TPG which was rejected as to low and now has to settle for $0.60.

Another record low

April 12th, 2013

Munkey Wax Joins Forces With Sticky Bumps

Wax Research, Inc. Announces MUNKEY WAX Joins the STICKY BUMPS Wax Line
Carlsbad, California April 11, 2013
Sticky Bumps announces the release of Munkey Surf Wax, an evolution of the Original Sticky Bumps formula that adds more lift and hold to your surfing maneuvers.

MUNKEY wax is stickier than Sticky Bumps Original, the benchmark for overall performance, but not over the top sticky like our PUNT waxes. MUNKEY adds a bit more stick for a more refined connection of surfer/board. You can apply it to the entire surface of the board and even over your old wax for an extremely fun session.

“We’ve had a ton of positive feedback about MUNKEY from our Team and Ambassadors. They go ape $h!t over it.” declared Ryan Dahl, MUNKEY Wax formulator.

About Wax Research
Wax Research celebrated its 40th Anniversary in 2012, and is recognized by the international surfing community as one of the original action sport accessory companies. It was founded in 1972 by John Dahl with the purpose of manufacturing surf and ski waxes and accessories, and continues as a family owned and operated global business today. Wax Research brands include Sticky Bumps, Ransom and WEND, and are sold by reps and distributors worldwide. Its headquarters are located in Carlsbad, California, USA. www.waxresearch.com

April 10th, 2013

Billabong XXL Global Big Wave Awards – Invite Only

If you are wondering how to attend the Billabong XXL Awards show, it’s invite only.

YOU ARE INVITED!
You and a guest are invited to join us for the 13th Annual Billabong XXL Global Big Wave Awards presented by Pacifico. Come witness the biggest waves and best rides of the last year and see who wins the prizes in all seven categories.

Friday, May 3, 2013 at The Grove Theater in Anaheim.
RSVP to get you and your guest on the list. Doors open at 7PM. This entitles you to admission to the event and does not assure seating. Don’t miss it. RSVP by April 23rd.

April 10th, 2013

Billabong Stock To A New Record Low

April 9th, 2013

Paul Naude Leading On The Homestretch Of Buying Billabong

Paul Naude with former Billabong rider Kolohe Andino

Billabong Mulls Takeover Bid From Sycamore Consortium

Gordan Merchant, who stands to lose the most money of all, previously torpedoed a $3.30 per share offer from TPG as too low before knowing how the situation would deteroriate. (which last closed at .73 cents)

Billabong perilously close to a wipeout – The banks took security over the assets and Billabong became their hostage. The ever-shrinking company is now so small that, says one prominent retail analyst, ”the only people interested in this stock are the ones that own it and want to get out at any price”.

March 31st, 2013

Before Their Was Hurley Clothing It Was Just Hurley Surfboards

Cool piece on Bob Hurley. Speaking of Bob, we received this quote regarding our website from one of the biggest names in the surfing world:

“Surf Images is an incredible destination… a stellar collection of awe inspiring images, a place where anyone can participate in creating a wonderful visual experience within their world.” – Bob Hurley CEO Hurley LLC

March 27th, 2013

Matthew Perrin – Billabong Australia’s Former CEO Being Charged For Fraud

Matthew Perrin, 40, former head of surfwear company Billabong, has pleaded not guilty to defrauding the Commonwealth Bank of $13.5 million.

It’s alleged Perrin forged his former wife Nicole Bricknell’s signature on documents, enabling him to use the value of a jointly-owned house on the Gold Coast to obtain a loan of $13.5 million from the bank in 2008.

The last three years have seen Matthew Perrin fall from the top position at Billabong to personal bankruptcy, corporate failure and now, a criminal investigation.

Want to read more then you can go here and here.

March 22nd, 2013

Billabong Stock To Record Low

According to Mr. Bloomberg Billabong’s stock has reached an all time low.

March 16th, 2013

Transworld Surf And Surf Ride Bring You – Camp Shred

Camp Shred began today at the San Elijo Campgrounds in Cardiff By The Sea. Imagine a miniature trade show of surfing brands but instead of holding and looking at the product you get to use the product.

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