Latest Update: July 7, 2005

From The Sacklunch Boards
Volcom went public. So, how did you do? Sack boards.

Quik Boosting Iron Maiden
Wonder if Iron Maiden is going to get as mad at Quiksilver's "Belly of the East" surf tour as Dischord got at Nike for the Major Threat tour? Not likely.

Quik's New Global Overlords
It's Marty Samuels on America, Pierre Agnes on Europe, and Clive Fitts covering Asia Pacific. Bob McKnight is still Chairman and CEO and he's sure these new titles will help Quik continue on it's path to be the "world's leading outdoor sports lifestyle company."
- Quik acquires DC's Canadian distributor

Zumiez Sales Jump 10% in June
People who rate stocks are saying that Zumiez is still a good buy, and what with all this success who can blame them. Go ahead, get greedy.

West Moving in on America
Following a long line of Aussie invaders, West Surfing is making moves on America from Oceanside, CA. But Jim Watson, CEO of the US Division says West is going to remain "core" and only sell to specialty retailers because "they're an integral part of our industry." Sure, until he can get West into Pac Sun, Nordstrom, and Kohls .

Wooly Has $133 Million Dollar Day
Thanks to lots of interest from the investing community Volcom IPO launched at $19 the morning of June 30, but in the first few minutes of trading was up to $31.20. Surfing on a rocket indeed.
- Volcom skatepark opens in Costa Mesa

Quik Co-ops Wall of China Jump
Looks like the marketing heads at Quiksilver know a good media stunt when they see one as they grabbed the title sponsorship of Danny Way's Wall of China jump from DC Shoes. Ownership has it's privileges.

Huck Trouble In Toyland
North Shore Militia Resources Corp, the Tahoe City, CA makers of the Huck Doll line of action sports figures (including the Ross Powers and Tara Dakides action figures) is suing Tony Hawk, Mattel Inc. and McDonald's for copyright infringement over their Boom Boom Huck Jam action figures.

The Block Big Bear Opens
Pro snowboarder Marc Frank Montoya has opened his second The Block Hotel in Big Bear Lake, CA and starting today, you can stay there. Of course, we'd wait till winter. But, hell ride your Harley up there and get stabbed at Chad's.

World Party Wave Record
Some surfers in Carlsbad, CA set the world record for most surfers on a wave: 40. At least they raised some money for the Special Olympics.

Girl Dies in Florida Shark Attack
Surfers pull 14 year old girl out of the water after a bull hit her in the thigh. ""He just followed us right to the beach," one surfer said. "He was determined to finish lunch. I hate to put it that way, but that was what he was trying to do."
- Boy loses leg to shark in second Gulf attack
- Experts say it's "just the beginning"

Nike Boosting Minor Threat
Action sports has been ripping off high fashion for years. However, when Nike borrows a Minor Threat album cover to promote it's east coast skateboard tour not everyone is happy. Wait a minute, that bald head looks familiar. . . Kevin is it you?
- Discord Records classic punk rock whine, whine, whine
- Nike Skateboarding apologizes

Brooklyn Banks Redux
The City of Brooklyn is revamping the Brooklyn Banks with a new park and it looks like they're going to make it a "skateboard-friendly park." It should open in July. More cities need this kind of planning.

Go Skateboarding Day
Remember to go skateboarding today. And, DO NOT GO TO WORK! And if you went, like we did, then you might join us in suggesting that June 22 be the international "Go Take Advil" day. If you know what we mean.

Hawking Skateboarding
As we all know Tony Hawk is skateboarding's largest cash cow, here's a nice little story on how he keeps his wallet (and those of all his friends) on the fill. Don't fail us now, Tony.

Ed Templeton Interview
Transworld Skate has a great interview with Ed Templeton the artist and how seriously he takes his job as a role model and communicator in both his art and his skateboarding.

Hosoi Gets on With It
The Honolulu Advertiser catches up with Christian Hosoi and the work he is doing for God and himself since getting out of prison.

Please Don't Tow
Daniel Roberts, 17, of Fort Worth, Texas died June 20, 2005 after falling while being towed behind a truck on his skateboard.
- Brother who drove SUV in SD tow death begins skateboard safety program

The Wave House Opens
What a perfect combination, a bar where you can sit, drink, and watch people get wrecked on a standing wave (everyone but Chris Miller). It's almost as good as NASCAR.

Volcom Priced to Sell
The company could raise $91 million dollars with shares that are expected to open between $15 and $17. Meaning VeeCo would have a valuation of $373 million. Make money, money.

Quiksilver Unit Loses Money
Any quesses on which one that would be? Yep, it's Rossignol. The company lost $30 million in the year ended March 31, 2005. Just wait till they get cool screen prints.

Skateboard Streaker
A 16-year-old skateboarder in Plantation Key, Florida was arrested June 14 after running through a college Human Growth and Development class naked.

Volcom Discloses Info on Chairman
Info released by Volcom says that CEO Rene Woolcott settled insider trading allegations in 1975 and surrendered $6,500 that represented profits from a stock sale of 1000 shares of Zapata Corp. The AP identified Woolcott as a director at the firm which was founded by then future President George H.W. Bush. Talk about well connected. Damn, this goes pretty deep.
- Volcom's delicate Maneuver

Quiksilver's Profits Up
Second-quarter profit rose 25% with earnings for the quarter ending April 30 at $34.7 million on $426.9 million in sales. Plans for the future include Roxy branded skis and bindings that the girls will eat up and a Rossignol casual line of clothing that only the French will buy. They didn't say that, we did.

Bam's Ex Tells All
Jen Rivell let's it all go on the Q102 radio show with details about Bam Margera's reportedly short term relationship with the former Mrs. Nick Lachey. But according to reports, the story was told on T.Hawk's Sirius radio show two weeks before when Johnny Knoxville was a quest. See what Hollywood can do to you, kids.

Lords of Dogtown Lands
The film, written by Stacy Peralta, hits theaters across the nation tonight and the skateboard industry hopes and prays it will give skateboarding a boost. Skaters, meanwhile, are waiting to trounce it.
- OC biz hopes for lift from Dogtown film

Nidecker Acquited in Snowboarder Death
Kate Svitek, 22, died Feb. 8, 2002, when she fell head first into a tree well and was not found for three weeks. Her parents decided to sue Nidecker so their daugher would not "die in vain." They did not win even though two releasable binding manufacturers (I would who that could be) spoke out in favor of their technologies.

The Passion of the Brad
The North County Times has revealed the man behind the Group Publisher title in their profile of TransWorld's Brad McDonald. Learn about his boyhood roots in BMX and his current position at the leading action sports publishing house.

World Mourns Dale Velzy
The surfing world lost one of it's original creators when Dale Velzy died Thursday May 26, 2005 from lung cancer. He was responsible for a long list of first including buying Bruce Brown his first movie camera. He will be missed.
- Velzy paddle out June 14

Urban Counterfeiters
Bob Kronbauer, the guy responsible for Crownfarmer.com is seeing his t-shirt designs showing up unauthorized on Urban Outfitter's clothing and he's not very happy about it. Rightly so.

The Master of Documentary Disaster
Friday May 20, 2005 will ring in the premiere of John Lucero's documentary Who Cares? The Duane Peters Story at The Brigg on PCH with some live punk rock to kick in your teeth.

Kohl's Rising on Hawk's Wings
Analysts are upgrading Kohl's stock in a large part due to their recent Quiksilver deal with Tony Hawk Clothing. Yes, Mr. Hawk is that good for business.
- Tony Hawk SIMA interview from Cabo

Zumiez Zooms Up 38 Percent
On the first day of trading action retailer Zumiez (ZUMZ) was up 38 percent to $24.87 a share. Since then it's moved back down to $23.
- Zumiez to announce first quarter May 19

PacSun Not So Sunny
Their stock (PSUN) may be doing okay but same store sales at the mall giant were off 6.45 percent for April. PacSun blames cold weather and high gas prices for their first drop in same store sales since April 2002.
- PacSun authorized to buy back $100 million in stock
- Profits rise 17 percent
- PacSun's golden glow

Fuel Snaps Up ASP Programming
While ESPN continues "trying to get X Games surfing right just once," Fuel TV has stepped up and signed a three year deal for exclusive USA rights to the ASP’s Foster’s Men’s World Tour and the Women’s ASP World Championship. CJ Olivares continues to do the right thing. Thank him next time you see him.

VF To Double Company Stores
Tired of being forced to battle it out in department stores more and more apparel labels are busting out with their own stores. Vans' and Reef's parent company VF Corp. plans to have 1200 company stores running in the next five years, according to this Businessweek story.

August KO'd In Parking Lot
Endless Summer star Robert August was in Palm Beach, Florida for the grand opening of a surf shop when a radio station antenna fell over cracking him on the head. Nine staples later August was back on tour, but a little dizzy. Get well soon, Mr. August.

Loads of Dogtown: Behind the scenes
Concrete Wave Editions has released a book featuring everything you'd want to know about Stacy Peralta's movie The Lords of Dogtown. Nice how a small Canadian publishing company can pull down solid work like this.

Danny's Big Wall Ride
The media is slowly beginning to pick up on this summers blockbuster stunt as Danny Way prepares to jump the Great Wall of China on June 19. We expect a shitstorm of coverage in late June.

Orange 21 Reports First Quarter
The parent company of Spy Optics released numbers from the first quarter and they only lost $495,000 on revenues of $8.5 million. Management appears to be happy with that.

Daize Shayne Rocks Hard
Singing surfer Daize Shayne will be touring for two weeks in a Hard Rock Cafe tour. Her album comes out in 2005. Check it out here.

Quik Gets Exclusive with Kohl's
Volcom's Big Business Happening
X Games Love LA
Adidas Sells Salomon To Amer Sports

Previous Bags o' Crapola:
- May 11, 2005
- March 8, 2005
- February 24, 2005
-January 21, 2005