On June 16, Group Y hosted its monthly meeting at the OC Tavern in San Clemente, California. This month’s meeting offered attendees the opportunity to check out an insightful panel discussion on brand development and growth strategies featuring RVCA President Dan Levine, Electric Co-founder and CEO Bruce Beach, and Skullcandy Chairman Jeff Kearl, moderated by none-other-than Transworld Business’s very own Rob Campbell.

Speculation that Billabong International would be continuing its expansion in the retail sector started back on March 13, when the company said it had identified “significant opportunities” for further retail expansion at an investor update on Australia’s Gold Coast. Then in mid May it announced it had acquired Kirra Surf, a retail store on the Gold Coast. Now Billabong is making a move on the East Coast of the United States by acquiring Quite Flight’s 14 store chain. The company is also converting Coast 2 Coast’s Long Island, New York location into a company store.

NIKE, Inc. (NYSE:NKE) will release the results of its fourth quarter ended May 31, 2008 on Wednesday, June 25, at approximately 4:15 p.m. EDT. Beginning at 5:00 p.m. EDT, the Company will host a conference call to discuss these results, which will be webcast live at www.NikeBiz.com/investors. It will be available for replay in an [...]

Costa Mesa, CA (June 9, 2008) – Vestal Watch, Inc. is proud to announce the latest addition to its world-class surf team; South African Jordy Smith. At just 20 years old, Smith is the former Association of Surfing Professionals (ASP) Junior World Champion and the 2007 ASP WQS men’s title-holder.
“Signing Jordy Smith is another [...]

On Friday, June 6, the Surf Industry Manufacturers Association (SIMA) hosted its annual Underwriting Party at Laguna Beach, California’s Mozambique Restaurant and Lounge. Attendees enjoyed a live performance by Donavon Frankenreiter and his band while signing up to support this year’s Waterman’s Ball Weekend. There was also a live auction, and short presentation from Billabong USA CEO Paul Naude. While SIMA prefers not to release the specifics about how much individuals and companies donated, here’s a run down of who made contributions, what was up for grabs, and some photos from the event.

Here’s an exert from Quiksilver’s Conference Call held on June 5, 2008.

For the second year, Billabong’s Design For Humanity was held at the Avalon in Hollywood. The event features collaborative swim wear designs from Billabong’s talented team of designers and some of the fashion industry’s biggest names, as well as a concert, fashion show, and silent auction. This year Billabong raised well-over $25,000 to benefit the Surfrider Foundation. Check out some photos right here.

Here’s How Retailers Finished Up For May 2008
SPECIALTY STORES
Pacific Sunwear Of California, Inc. (PSUN):
Total Retail Sales % Change: (2.0)
Comparable Store Sales % Change: (3.0)
Zumiez, Inc. (ZUMZ)
Total Retail Sales % Change: 15.0
Comparable Store Sales % Change: 0.2
The Buckle, Inc. (BKE)
Total Retail Sales % Change: 44.1
Comparable Store Sales % Change: 34.7
Abercrombie & Fitch Co. (ANF)
Total [...]

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, [...]

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.