According to The Mercury News, the World Surf League has purchased the Mavericks big-wave surf contest from Cartel Management in a $525,000 deal.
“The proposed sale was revealed in a motion filed this week by present owner Cartel Management in association with its debtors,” The Mercury News story states. “A hearing for the sale’s approval is scheduled Sept. 13.”
A major deal in the snow resort world that was agreed to in April was finalized on Monday, creating a new company that is now the owner of 12 snow resorts across North America.
According to The Los Angeles Times, the deal has seen private equity firm KSL Capital Partners, Aspen Skiing Co., Intrawest Resort Holdings and Mammoth Resorts all been brought together under one umbrella.
The yet-to-be-named entity now owns 20,000 acres of skiable land. The 12 resorts under its guise are … More
If you live and love the ocean then you are sure to know Jack O’Neill. From the wetsuit that let us live the dream of first in and last out to the first ‘surf shop’ that gave us a spiritual home for our wave riding community, Jack’s mission was always to let us have fun and surf longer. O’Neill’s film, I Knew Jack O’Neill, pays homage to Jack the pioneer, Jack the maverick and above all Jack the surfer. See you out back Jack and thanks for being you.
Everybody and their kid brother thinks they could go to Taiwan with a suitcase of cash and get bikes built that are every bit as good as what you find at you local bike shop. But is that true? What does it take to go overseas and start your own bike brand? We went to Taiwan to find out.