Latest on news on SOURCE

EUROPE'S FIRST ARTIFICIAL REEF FIRES

Digby@Source — Fri, 06 Nov 2009 00:00:00 +0000

Boscombe’s long-awaited surf reef is now ready for use and conditions this last week have been perfect for surfing the reef. The RNLI undertook their training at the weekend (Sunday 1st November) ...

OSIRIS NAMES NEW PRESIDENT AND VP

Digby@Source — Fri, 06 Nov 2009 00:00:00 +0000

Osiris Shoes has named Tony Chen as president and CEO and Doug Weston as vice president. Chen and Weston are both founding partners of the company and each have over twenty years of Action Sports and b ...

WORLD BANKS SHOW SIGNS OF EASING RECESSION

Digby@Source — Fri, 06 Nov 2009 00:00:00 +0000

As it is a Friday and we can almost touch the weekend there is nothing quite like some good news on the global recession. The world’s biggest central banks are starting to unwind emergency measur ...

SURF THE LAZY WAY

Digby@Source — Thu, 05 Nov 2009 00:00:00 +0000

The cheeky, lifestyle brand has clothed surfers head to toe in their ‘take it easy’ message for the past sixteen years and is finally making its first outing into surfboards. The boards car ...

LAFUMA STAYS POSITIVE AS ECONOMY IMPROVES

Digby@Source — Thu, 05 Nov 2009 00:00:00 +0000

A decrease in annual turnover for the month of September has not deterred Lafuma, owner of the Oxbow brand, as some figures improve. The drop in consolidated sales of 3% and 9.2% at a comparable consol ...

Market Intelligence : Italy

FRANZ J. HOELLER — Wed, 04 Nov 2009 00:00:00 +0000

The air-conditioning in my ofﬁce is on full power but I’m still sitting here sweating. July and August were extremely hot this year, which is a good thing as it helped stimulate summer sales. T ...

ZIMTSTERN LAUNCHES CHILDREN'S WEAR

Digby@Source — Wed, 04 Nov 2009 00:00:00 +0000

Zimtstern has been investing in the future with the launch of a new winter 2010/11 collection designed to meet the requirements of 8 to 14-year-old rookie snowboarders. The Stars Collection is not mere ...

US RETAILERS HIT AS MAJOR LENDER FILES FOR BANKRUPTCY

Digby@Source — Wed, 04 Nov 2009 00:00:00 +0000

More than one million small to mid-sized businesses including many boardsport retailers in the US face difficulties after finance company, CIT announced that it has filed for Chapter 11 bankruptcy as p ...

ASHBURY STEP UP

Digby@Source — Wed, 04 Nov 2009 00:00:00 +0000

Eyewear brand Ashbury says its mission “is to create a line that is fashionable and functional, taking inspiration from snowboarding, skateboarding, music, and fashion”. r r As ...

BLACKS LEISURE OUTLINE RESTRUCTURING PLAN

Digby@Source — Tue, 03 Nov 2009 00:00:00 +0000

Blacks Leisure Group PLC, the UK outdoor retailer, submitted a restructuring plan to its bank while significantly increasing its losses in the first half.r r The firm, which runs the Blacks ...

BAW TOUR SCOTTISH DATES ANNOUNCED

Digby@Source — Tue, 03 Nov 2009 00:00:00 +0000

Following on from the 3 shows in three different cities at the start of this year the Snowbaw Tour is back, showcasing the latest products in shops this winter.r r The show is Snowbaw at Ty ...

EXTREME ELEMENT FUTURE LOOKS BRIGHT

Digby@Source — Mon, 02 Nov 2009 00:00:00 +0000

Extreme Element, the extreme sport and experience specialist, has recently secured significant investment from a private investor who assigned Pascal Tiemann, a serial small capital investor in the lei ...

STUDY REVEALS THE VALUE OF SURFING

Digby@Source — Mon, 02 Nov 2009 00:00:00 +0000

Save The Waves Coalition have announced the preliminary results from its second 'Surfonomics' study, a measure of the economic value of the world-famous big-wave break at Mavericks in Half Moon ...

FIGURES SHOW TIMES ARE STILL TOUGH IN EUROPE

Digby@Source — Mon, 02 Nov 2009 00:00:00 +0000

In the second quarter of 2009, the annual growth rate of net disposable income in the euro area equalled -4.6%, compared with -4.4% in the first quarter of 2009. Final consumption in the euro area decr ...

Market Intelligence : Switzerland

Fabien Grisel — Mon, 02 Nov 2009 00:00:00 +0000

Crisis, crisis, crisis, where do we stand? While analysts announce a slight recovery, improvement of the situation on a end-consumer level still seems hard to imagine. Economic problems arrived later i ...

VOLCOM SEES OFF TOUGH Q3

Digby@Source — Fri, 30 Oct 2009 00:00:00 +0000

Volcom, Inc. have reported sales fell 15.9% to $93.9 million compared with $111.7 million in the third quarter of 2008. Total revenues in the company’s U.S. segment, which includes revenues from ...

51 DAYS TO WORLD SNOWBOARD DAY

Digby@Source — Fri, 30 Oct 2009 00:00:00 +0000

The World Snowboard Day returns for its 4th edition on Sunday, December 20th 2009. r r This year again, comes the perfect opportunity to discover the joys of snowboarding and the snow ...

AMER SPORTS RELEASE Q3 FIGURES

Digby@Source — Fri, 30 Oct 2009 00:00:00 +0000

Amer Sports reported that net sales for the third quarter declined 5.2% to €410.6 million ($587 mm) from €433.2 million ($653 mm) in the year-ago quarter. Currency-neutral sales decline ...

JARDEN CORP BLAMES EXCHANGE RATE FLUCTUATIONS FOR Q3 SALES DECREASE

Digby@Source — Thu, 29 Oct 2009 00:00:00 +0000

Jarden Corporation said net sales for the three months ended Sept. 30 decreased to $1.4 billion compared to $1.5 billion for the same period in the previous year. Approximately $44 million of the ...

ICONIX BRAND GROUP REPORT RECORD Q3 RESULTS

Digby@Source — Thu, 29 Oct 2009 00:00:00 +0000

Revenue for the third quarter of 2009 was approximately $59.4 million, an 8% increase as compared to approximately $55.1 million in the third quarter of 2008. Third quarter 2009 revenue includes a gain ...