Volcom, Inc. (NASDAQ: VLCM) today announced that Richard R. Woolcott (below) has been elected chairman of the board of directors, and Jason W. Steris, in addition to his role as chief operating officer, has been named president. Richard Woolcott, who remains chief executive officer, succeeds Rene R. Woolcott as chairman of the board. Rene Woolcott, 76, will continue to serve as an active member of the board of directors. 
Additionally, Douglas S. Ingram, who has served on Volcom’s board of directors since June 2005, has been appointed lead independent director.
“These moves allow each of us to leverage our strengths in order to continue to capitalize on the power of the Volcom brand,” said Richard Woolcott. “I will continue to oversee the overall operations of the company and devote increased efforts focusing on the strategic direction, vision and marketing of the company, while Jason will run the day-to-day operations of the business. Bringing Jason into the role of president provides additional leadership strength for Volcom and a long-term succession plan for our company.”
Eight-time ASP World Champion Kelly Slater (USA) has won his third event on the 2008 ASP World Tour after eliminating C.J. Hobgood in the final of the Globe Pro Fiji held in six foot (two metre) waves at Cloudbreak. Slater remains the only member of the ASP Top 45 to win an event this year – the last ASP World Tour event held in Tahiti was won by a wildcard.
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June 03 2008 |
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Manufacturers selling product direct online to consumers is a touchy subject. If you don’t agree, check out the 40-something comments that were posted in regards to the article I did on Quiksilver launching its E-Commerce site in just over a week. The comments—for the most part—are not simply short-sighted shit talking. There are valid arguments both for and against manufacturers (in this case Quiksilver) selling products direct to their customer. In fact, the feedback led me to post a list—and by no means do I believe it to be complete—of actionsports companies selling direct online. So here it is. As always, feedback is welcome.
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June 02 2008 |
2,618 views | 43 comments
For the sixth year, the Father’s Day Council in Orange County hosted the Father of the Year Awards Dinner at the Hyatt Regency in Irvine, California. The dinner benefits the American Diabetes Association. Each year, honorees raise approximately $200,000 to help support advocacy, research, and education initiatives of the A.D.A. This year SIMA President Emeritus Dick Baker was among the honorees. Transworld’s Liam Ferguson was on hand, along with other top industry executives, to help honor Baker’s achievement. Here’s a look at the events of the evening.
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June 01 2008 |
827 views | 3 comments
Quiksilver Inc. (ZQK) experienced an unusually high trading volume today. It’s average daily volume is 861,000 shares. Trading volume today (May 29, 2008) was about 1.87-million shares. Here’s a quik look (pun intended) at the company’s stock performance.
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Insight won Breakthrough Brand Of The Year and secured its second consecutive Men’s Marketing Campaign Of The Year at the SIMA Image Awards this year. If that’s not enough to have the brand on your radar, retailers—especially on the West Coast—are reporting strong sell-through with Insight’s product, which tends to be fashion forward with designs driven by its roots in Australia, where it makes both apparel and surfboards. In the U.S. the brand is strictly softgoods, and President Jesse Faen runs Insight’s headquarters in Venice Beach, California. Transworld Business caught up with Faen for a quick Q&A session. Here’s what he had to say.
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May 29 2008 |
1,423 views | 6 comments
When Transworld Business broke the story that Roxy was launching a direct-to-consumer e-commerce site back in December ’07 with an exclusive interview with Quiksilver Americas President Marty Samuels, the issue of manufacturers selling product direct to the consumer online became a hot topic on our site’s message boards. TWBIZ asked Samuels when Quiksilver’s site would go live, and he said it wouldn’t happen until the marketing, product, retail, and affiliate components were totally dialed in.
Well, the wait is over. Quiksilver launched the new site at 5 A.M. on May 22.
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May 22 2008 |
2,764 views | 68 comments
May 14–17, 2008 marked the 11th Annual SIMA Surf Summit in Cabo San Lucas, Mexico. This year’s event was full of thought-provoking lectures, interesting presentations, and of course, the SIMA Image Awards Party. The Summit acts as an annual meeting of the surf industry tribe, and brings people together for a few days of educational seminars and network opportunities.
Here’s a photo gallery with nearly 50 photos from this year’s event.
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May 19 2008 |
3,992 views | 2 comments
And The 2008 SIMA Image Award Goes To ….
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May 18 2008 |
3,121 views | 11 comments
The Third Annual Slosh-A-Bout was held this week in a remote location on the East Cape of Baja Mexico. While the underground event has no official sponsors—you’ll understand why when you see these photos—a diverse crew of the surf industry’s finest show up every year for a chance at the title. This year the stakes were raised to a whole new—completely disgusting—level. This photo gallery is not for the faint of heart. Seriously.
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May 15 2008 |
5,391 views | 25 comments
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