Action Sports’ Highest Paid Athletes
Forbes magazine estimates the top-ten action sports earners for 2008.
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mike lewis
- February 18 2009 | 16,383 views | 33 comments
laird hamilton
Laird Hamilton, Dave Kalama Host ‘Pipeline To A Cure’ Gala
Surf industry VIPs will be in the house for the Second Annual Pipeline To A Cure Gala Saturday, July 18, in Huntington Beach, Calif. The event, which will be hosted this year by surf legends Laird Hamilton and Dave Kalama, will benefit the Cystic Fibrosis Foundation. TransWorld SURF Editor-In-Chief Chris Cote will emcee the evening, which will feature a special performance by Shiny Toy Guns. Here’s some additional information, straight from the source:
“… radio personality Shawn Parr will be the night’s auctioneer. Event co-chairs include Paul Motenko, co-founder of BJ’s Restaurants; Jerry Hennessy, co-founder of BJ’s Restaurants; Judy Burlingham, owner of Coast Benefit Consultants; and Todd Elder, owner of Newport Surf Camps. The event will be sponsored by PacSun, a leading surf, skate and youth lifestyle retailer.
The CF Foundation’s Pipeline to a Cure campaign was initiated after research showed that young cystic fibrosis (CF) patients who surf had healthier lungs. CF is a fatal genetic disease that causes the body to produce thick, sticky mucus, which clogs the lungs and leads to life-threatening lung infections. Doctors in Australia determined that inhaling saltwater mist has a powerful effect on rehydrating the lining of the lungs and allowing CF patients to more easily eliminate bacteria-contaminated mucus. This “saltwater” breakthrough has led to hypertonic saline treatments which CF patients around the world use daily.
The Pipeline to a Cure campaign is raising funds and increasing global awareness of the unique bond between the sport of surfing and those with cystic fibrosis. Last year’s inaugural gala raised more than $400,000 for research and patient care.
“For the CF Foundation, the Pipeline to a Cure campaign and gala brings the CF message to a new audience of potential supporters with a passion for the ocean. So many in the surfing community, upon learning of the positive impact on those with CF, have enthusiastically embraced our cause and we hope this event only furthers their interest and commitment,” said Colleen O’Higgins, Executive Director, Southern California-Orange County CF Foundation.
More than 70,000 CF patients face a daily battle, enduring hours of daily therapies and treatments to reduce the impact of mucus build-up in the lungs. While average life expectancy has doubled in the past 25 years to age 37 — due to advances in treatment and care — funding is still urgently needed to find the miracle drug leading to a cure.
About the Cystic Fibrosis Foundation
The Cystic Fibrosis Foundation is the leading organization devoted to curing and controlling cystic fibrosis. Headquartered in Bethesda, Md., the Foundation funds CF research, has 73 chapter and branch offices throughout the country, and accredits a nationwide network of 115 CF care centers, which provide vital treatments and other CF resources to patients and families. To advance the search for a cure, CFF has invested nearly $300 million in promising scientific research in the biotechnology industry since 1998. As a result, the Foundation has more than 30 potential therapies in its drug discovery and development pipeline. Virtually every approved CF drug available today was made possible because of Cystic Fibrosis Foundation support.”
For more information, visit www.cff.org or pipelinetoacure.com
ADMIN
- June 17 2009 | 125 views | 1 comment
This Week on FUEL TV’s ‘The Daily Habit’
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Press Release
- November 17 2008 | 63 views | 1 comment
Steve & Barry’s To Close 103 Stores, Begins Liquidation
PORT WASHINGTON, N.Y. (AP) — Discount clothing chain Steve & Barry’s, the exclusive retailer of Laird Hamilton’s Wonderwall brand, has begun final liquidation sales at the 103 locations it will be closing following its takeover last month by BHY Holdings LHC, an affiliate of investment firms Bay Harbour Management and York Capital Management.
Steve & Barry’s LLC, based in Port Washington, N.Y., filed for Chapter 11 bankruptcy protection in July after ambitious growth plans were hurt by slower consumer spending and the credit squeeze.
A bankruptcy court approved the $163 million acquisition in August. Under terms of the deal the company is closing nearly half its locations to operate with a smaller base of 173 stores, in an effort to achieve profitability.
Final liquidation sales have begun at the closing locations and the last day of sales for 24 stores will be Sept. 24. Other stores will close soon after.
The company still plans to open a retail location in New York “over the next few months”, but no other new stores are planned.
On the Web: steveandbarrys.com
Press Release
- September 18 2008 | 353 views | 1 comment
Steve & Barry’s Acquisition Approved
Steve & Barry’s LLC, the discount apparel retailer that distributes Laird Hamilton’s Wonderwall clothing line, announced that BHY S&B Holdings LLC, a newly formed affiliate of investment firms Bay Harbour Management and York Capital Management, has received bankruptcy court approval to acquire substantially all assets of Steve & Barry’s. The acquisition is scheduled to be completed Monday, August 25th.
Under the terms of the $163 million purchase agreement, the majority of Steve & Barry’s 276 stores will continue to serve customers nationwide, offering exclusive collections created with entertainers and athletes including Sarah Jessica Parker, Venus Williams, Amanda Bynes, Laird Hamilton, Ben Wallace and Bubba Watson, all of whom maintain a licensing relationship with Steve & Barry’s. BHY S&B Holdings has made no decisions concerning which Steve & Barry’s stores will close or when, although an announcement is anticipated in the next week.
In addition to acquiring merchandise inventories and transfer rights to Steve & Barry’s store leases, BHY S&B Holdings will acquire all Steve & Barry’s intellectual property rights, including its celebrity and brand licenses, and the company’s key facilities, including its Port Washington, New York headquarters, Columbus, Ohio distribution center, and certain overseas offices.
Bay Harbour Management is an SEC registered investment advisor with significant experience in purchasing distressed companies and effectuating their turnaround. The firm’s holdings have included the retailer Barneys New York, the facilities based CLEC Telcove, and the former Aladdin Casino, now operating on the Las Vegas strip as the Planet Hollywood Resort and Casino following its rebranding and turnaround.
York Capital Management is an SEC registered investment advisor with offices in New York, London, and Hong Kong with more than $15 billion in assets under management. York Capital was founded in 1991 and specializes in value oriented and event driven equity and credit investments.
Press Release
- August 26 2008 | 206 views
Steve & Barry’s Accepts Bid For $163 Million Sale
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Press Release
- August 05 2008 | 443 views | 1 comment
Judge Delays Steve & Barry’s Auction Date
Steve & Barry’s, the apparel retailer that carries Laird Hamilton’s clothing line Wonderwall, has delayed its auction date to August 12. The retailer originally was looking to sell the company’s assets at an auction on July 29, but the bankruptcy judge presiding over the case postponed the date by two weeks.
» Read Full Story Press Release
- July 16 2008 | 247 views
Update: Steve & Barry’s Faces Fire Sale
Apparel retailer Steve & Barry’s does not have the money to proceed with a Chapter 11 filing and must liquidate all assets by July 31.
» Read Full Story mike lewis
- July 10 2008 | 1,574 views | 4 comments
Oxbow Launches U.S. Brand with Autograph Signing by Laird Hamilton
French surfwear company Oxbow is launching their brand in the States and giving people the chance to meet Laird Hamilton during an autograph signing at its new store in Santa Monica.
» Read Full Story Press Release
- June 27 2008 | 776 views | 2 comments
Laird Hamilton And Steve & Barry’s Launch Surf, Skate Clothing Line
The world’s greatest big wave surfer and epic waterman Laird Hamilton is teaming up with Steve & Barry’s® to launch Wonderwall™, a surf and skate collection for men that will debut May 15, 2008.
» Read Full Story Press Release
- April 04 2008 | 4,108 views | 6 comments
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