SurfStitch, an online market for surfers, action sports enthusiasts, and people who just want to look the part, is wiping out BIG time. The e-commerce company that was once “ripping it” on the stock market, has become a cautionary tale, by losing over $500 million in value, since November of last year.
When Australian surfer Lex Pedersen and investment banker Justin Cameron launched SurfStitch in 2008, they hoped to become … More
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on Monday, June 13th, 2016 at 7:50 pm and is filed under Business news, Clothing & Soft Goods, Fashion, Misc., Surfing & SUP.
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