Italian fashion designers Domenico Dolce and Stefano Gabbana were convicted today, June 19, 2013 of tax evasion for hiding $1.3 billion and given a suspended jail sentence of one year and 8 months. This came through after the second time they’ve been brought to court. The first resulted in the designers being charged a $440 […]
Category: Sports
Retail Round-up: Dolce and Gabbana Convicted of Tax Evasion; H&M Drops But Plans Online Launch in U.S.; Volcom Pulls Out of Motocross; Skullcandy Vacates CA Office
Body Glove Co-Founder and Wetsuit Pioneer Bob Meistrell Passes at 84
We just received the sad news that Body Glove co-founder Bob Meistrell passed away. Several years ago, we were fortunate enough to have met him and enjoyed some of his amazing stories about the history of surfing and diving during an unforgettable ride aboard his beloved boat The Disappearance. Our thoughts and prayers go out […]
International Olympic Committee Attempts to Make Sports in Olympics Relevant, Short-Lists Wrestling, Puts “Roller Sports” On Back-Burner
For those hoping that skateboarding or even inline, for that matter, would soon be an Olympic sport, the International Olympic Committee (IOC) has punted it in favor the recent short-listed sports, wrestling, baseball/softball, and squash. Last week, in a statement that declares who’s going to make the cut for the IOC Session vote in Buenos […]
Association of Surfing Professionals Aquires Big Wave World Tour
Surfing just got big news as the Big Wave World Tour (BWWT) is now a part of the Association of Surfing Professionals (ASP) International starting with additional support in 2013 and a formal sanctioning in 2014. Total costs of the deal have not been disclosed. “We are very pleased to have finalized the deal between […]
Challenging Times for Action Sports Continues as GrindMedia Aquires Transworld
The challenging times and changes for action sports continues with consolidations and sales morphing the industry quickly. From Bonnier Media selling off its Mountain Group division including Ski, Skiing, and Warren Miller, to rumors abounding that ESPN is in the midst of laying off hundreds, to the latest news that the kingpin of action sports […]
X Games to Leave Los Angeles; Bids Are In for Austin, Chicago, Detroit, Charlotte
After a decade of the Summer X Games being hosted in Los Angeles, CA, the so-called alternative Olympics of action sports is in a bidding process to relocate after LA’s final event this summer. On the radar include the 4 city finalists Austin, Texas; Chicago; Detroit; MI; and Charlotte, N.C. One of these cities will […]
Euro Fashion Scene Round-up: Bread and Butter Brings on Danish Bestseller Group; Maria Sharapova X Candy Collab; Rocawear Re-positions In Europe, Slimmer Fits, Adds House of Fraser
Like a trade show in a trade show, Bread and Butter has announced they are bringing on Danish-based Bestseller Group to the show in Berlin July 2-4, 2013. Bestseller is one of Europe’s largest apparel companies including 3,000 mulitbrand stores featuring bestsellers such as J. LINDEBERG, JACK & JONES, JUNAROSE, MAMALICIOUS, NAME IT, ONLY, OBJECT, […]
Lifewear—Crossover of Sportswear, Fashion, and Technology—by Uniqlo Compares Fashion to Upgrading Like an iPhone
Fast Retailing, owners of the fast-fashion chain Uniqlo from Japan which is gaining speed in terms of preferences among youth culture not only in Japan and Europe, but also the United States, has created a new category of fashion that crosses over between sportswear and casualwear and technology which they describe as Lifewear. Often on […]
Record First Quarter for VF Corp. with Outdoor and Action Sports Segments Up 10%
VF Corp. released their Q1 financials today with two main areas on the rise: Outdoor & Action Sports segments up 10% and direct-to-consumer revenues up 12% including double-digit growth in the U.S. and International. Interestingly, The North Face was up 6% and Vans was up 25% with more than 30% growth in Europe. Here’s the […]