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The National Marine Manufacturers Association (NMMA) has announced that recreational boating in the US has an annual economic value of US$121 billion. The industry’s rising tide supports 964,000 American jobs and 34,833 businesses, generates US$40 billion in annual labor income and drives US$83 billion in annual spending.

The NMMA, on behalf of the U.S. boating industry, released these findings today as part of its annual U.S. Recreational Boating Statistical Abstract, a collection of   …  More

Surf apparel company Quiksilver Inc. hasn’t given investors much to be stoked about in recent years.

The Huntington Beach company owns some of the biggest brands in action sports: Quiksilver, Roxy, DC and others. Yet it has lost money each of the last six years and is expected to post a loss this year too.

So, what’s the deal?   …  More

The California Air Resources Board (ARB) announced yesterday that Akrapovic America LLC, was fined $88,000 for air quality violations related to the sale of illegal aftermarket motorcycle exhaust systems in California.

Bakersfield and Kern County racing enthusiasts may be familiar with the Akrapovic brand and its history in motorcycle racing.

ARB investigators discovered that Akrapovic sold replacement motorcycle exhaust systems that replaced critical components such as catalytic converters    …  More

Quiksilver Inc. shares fell more than 10 percent in after-hours trading Thursday after the retailer posted a larger loss in its fiscal second quarter, as revenue from its namesake and Roxy brands declined.

Quiksilver reported a loss of $32.4 million, or 19 cents per share, for the quarter ended April 30. It lost $5.1 million, or 3 cents per share, in the same quarter last year   …  More