Archive for the ‘Industry’ Category

November 25th, 2016

Dane Reynolds New Corporation – HATE HATE HATE

Dane Reynolds is now under the HATE HATE HATE LLC as of May 04 2016 through his attorney Justin Pinney located in San Diego.

Yes, your logo is showing

hate-hate-hate-dane-reynolds

What is a LLC and what does this mean for Dane? In short an LLC means if someone was to sue Dane’s new clothing line “Former” then that person can only go after assets at Former and not any of Danes money or assets (home, car, beer).

So their you have it folks Dane is the proud owner of a new brand – we wish you all the best!

Now a song Dane can relate to by Mr. Marilyn Manson

May 2nd, 2016

Oaktree Merging Billabong and Quiksilver

Here we go again

“Oaktree is rumoured to be exploring a merger of Billabong and Quiksilver. Oaktree owns about 90 per cent of Quiksilver after a $US600 million ($A850 million) refinancing in February, when the retailer’s North American operations emerged from Chapter 11 bankruptcy.” – SMH

oaktree-billabong-quiksilver

March 15th, 2016

Pacsun Close To Being Bankrupt

“PacSun’s stock has collapsed, being down roughly 90% from its 2015 high, and its status as a penny stock has it under a delisting notice. Sadly, Pacific Sunwear’s financial condition has many of the hallmarks of an approaching bankruptcy.” – John Ogg/247 Wall Street

pacsun-bankrupt

March 6th, 2016

Quiksilver Owed Dane Reynolds Close to $4 Million

“Back in 2011, having been with Quik for eight years, Dane re-signed for another six years up until 2017, on a $3m+ a year deal.” – Stab Mag

Now fast forward the time (file claimed in 2015) Dane Reynolds was owed $3,599,381.75

quiksilver-dane-reynolds-creditor-data

…and Craig Anderson was owed $1,825,000.00

craig-anderson-creditor-data

March 3rd, 2016

Sports Authority Goes Bankrupt

“The Englewood, Colo.-based chain — owned by Los Angeles-based private equity firm Leonard Green & Partners — filed for bankruptcy Wednesday, citing $1.1 billion in debt and saying that its sales had slumped after it failed to keep up with consumer trends. Nearly one-third of the retailer’s locations will begin liquidation sales within days. The list includes 25 stores in Texas, 19 in California, 18 in Florida and 11 in Illinois.” – USA Today

“In the action sports space, Burton is owed $3.9 million, K2 $2.5 million and Rip Curl $2.5 million, according to court documents. Large athletic brands are owed the most money, however. According to the court documents, Sports Authority owes Nike $47.9 million, Asics $23.3 million, and Under Armour $23.2 million.” – Tiffany Montgomery

sports-authority-bankrupt

March 2nd, 2016

Dane Reynolds And Rob Dyrdek Owed over $100k from Quiksilver

Major/critical vendors of the debtors (over $100k) from Quiksilver – we’re guessing what Dane Reynolds and Rob Dyrdek we’re owed is a lot more then $100K

dane-reynolds-owed-by-quiksilver

March 1st, 2016

Brad Gerlach Leaves BANKS Brand?

Update – Wednesday March 2:
“yes I am a part owner. but I am no longer an ambassador.”- Brad Gerlach

We have noticed Brad Gerlach has been removed from the Banks Brand comrades page (team). Left standing are Jared Mell, Jason Salisbury and Chris Del Moro (who is now living in Santa Barbara and will be a father soon).

Brad Gerlach

brad-gerlach-banks-clothing

March 1st, 2016

Billabong Back Into The Red – Will They Go Private

“Billabong International has slumped back into the red, losing $1.6 million in the December half, after posting losses in North America and weaker than expected profits in the Asia-Pacific region.” – Sydney Morning Herald

“Now that Billabong has a stable leadership team and a strong bench in the Americas group, he knows the business is in good hands, he told SES in an interview today.” – SES

“After getting into the business to surf more, I’m now stepping back from the business to surf more.” – Ed Leasure / SMH (Billabong CEO – leaving the sinking ship)

billabong-in-the-red

January 12th, 2016

Kelly Slater Designs

Kelly Slater has just released his newest logo for Slater Designs – You’re Invited to the 2016 Surf Expo

kelly-slater-surf-designs

January 5th, 2016

Beach Grit (Derek Rielly) Get’s Caught Stealing… Again!

“It is not a “profit-less theft”. You guys had likes, created content, and have advertisers who pay to be on this page created by stolen material. You are making a profit by exploiting other people work and infringing copyright. Call it like you want, but Stab, Inertia, and you, are all small time thief. You are making money, and the person you stole the video from doesn’t. You are just a thief.
THIEF. Say it, own it, and live by it. If that is who you want to be. A thief, making profit of other people work.Why don’t you instead create new material?” – Alberto

Full story can be read at Beach Grit (the site that steals all their content)

jaws-wipeout-beachgrit