Hurley axes surf team (Beachgrit.com)

QuadFin

Gerry Lopez status
Oct 10, 2018
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My neighbor worked there up until Nike did some big wig cutbacks. This is when they had replaced Bob with one of the Nike dudes. Bob would still come in and sit where he could find a spot and communicate business with current employees. They finally had to tell him he wasn't welcome as a non-employee. Hard to let go and Bob is a good guy for sure.
What a fool for Bob to come in as non-employee and talk to employees. He already sold for $60m or so when that was a lot of money back then. He should have clean walked.
 

Firebird

Gerry Lopez status
Jun 5, 2010
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I think the next wave will be the talented, artistic kid growing up in a beach town who is sewing trunks for the boys. Then it grows organically and becomes a lifestyle brand that everyone wants in on. Kind of like how the brands from the 60s and 70s evolved, blew up, and then collapsed under their own weight.
I predict that history will repeat itself. Hopefully they will learn from the mistakes of those who came before them.
 

Muscles

Michael Peterson status
Jun 1, 2013
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If you look at successful lifestyle brands in today's niche sport market, they offer premium and expensive clothing. Patagonia, Arcteryx, etc... all offer expensive and functional clothing that people pay a premium for.

The problem with surfers is two fold. One, most are broke dicks or the types that don't spend money on expensive clothing items. Two, outside of wet-suits, there's not much need for expensive clothing. A $10 rash guard from Target does the same thing as a $60 dollar Rip Curl.

Compare a rash guard or board shorts to a poorly fit winter ski jacket or pants and you'll see that being cold usually makes people spend money to be comfortable. What is the benefit of buying a Quiksilver T-shirt? It says Quiksilver?
 
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grapedrink

Duke status
May 21, 2011
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What a fool for Bob to come in as non-employee and talk to employees. He already sold for $60m or so when that was a lot of money back then. He should have clean walked.
Fool might be a bit harsh, but I agree overall. Part of getting a payout like that is the expectation that you will GTFO and not come back. If he wanted to stay on under some kind of advisory or board role, he should've structured the deal that way.

It's admirable that Bob wanted to help the remaining employees, but it would've been more appropriate under a mentorship role, offsite.
 

freeride76

Michael Peterson status
Dec 31, 2009
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incorrect.

and in fact dead wrong.

living coastal in Aus/California/Hawaii is now incredibly expensive.

expensive surf travel is the one booming facet of the surf industry.

there's a fucking waiting list to pay for surf at wave pools despite waves being free.


the myth that surfers are cheap bums is just a hangover from Spicoli days.

most surfers are white, wealthy etc etc high disposable income.
 

grapedrink

Duke status
May 21, 2011
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incorrect.

and in fact dead wrong.

living coastal in Aus/California/Hawaii is now incredibly expensive.

expensive surf travel is the one booming facet of the surf industry.

there's a fucking waiting list to pay for surf at wave pools despite waves being free.


the myth that surfers are cheap bums is just a hangover from Spicoli days.

most surfers are white, wealthy etc etc high disposable income.
Agreed. Most of us were cheap in our teens and twenties, when coastal rent/real estate was cheaper and we had less responsibilities. It was also easier to find large blocks of time for extended surf trips, which required being cheap to make them last. Upon coming home, you could find another odd seasonal job or go back to school, and save up for the next trip. Rinse and repeat.

Then you grow up and have more responsibilities, where year round reliable income is more important, and you maybe only have a few weeks a year of vacation. With those kind of time constraints, you are probably going to upgrade your digs instead of sleeping in a hostel dorm bed. I've seen many places that were $5-10/night surf slums turn into high end boutique surf hotels in less than a decade.
 

HatterasGlass

Michael Peterson status
Apr 6, 2008
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In case anyone cares...

Sensational: Hurley wields axe on surf team; no surfers to be re-signed as contracts expire!

... and, Hurley, whose surf team is, at least momentarily, one of the best ever assembled, John John, Kolohe Andino, Filipe Toledo, Julian Wilson, Carissa Moore, will be gradually wound down as Hurley’s new owner, Bluestar Alliance, takes a rationalist approach to the biz, according to multiple sources...

View attachment 84362
<iframe src="https://giphy.com/embed/3og0IKinzBYyoia9eE" width="480" height="356" frameBorder="0" class="giphy-embed" allowFullScreen></iframe><p><a href="
">via GIPHY</a></p>
In case anyone cares...

Sensational: Hurley wields axe on surf team; no surfers to be re-signed as contracts expire!

... and, Hurley, whose surf team is, at least momentarily, one of the best ever assembled, John John, Kolohe Andino, Filipe Toledo, Julian Wilson, Carissa Moore, will be gradually wound down as Hurley’s new owner, Bluestar Alliance, takes a rationalist approach to the biz, according to multiple sources...

View attachment 84362
Uh Oh:

<iframe src="https://giphy.com/embed/xTiIzsBR8umdt5AEU0" width="480" height="360" frameBorder="0" class="giphy-embed" allowFullScreen></iframe><p><a href="
">via GIPHY</a></p>
 

racer1

Tom Curren status
Apr 16, 2014
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Yeah I know. I'm saying that Nike could have sold it back to him at whatever his offer was or let him match BlueStar.

Maybe Nike didn't like what happened with Hurley so they sold it to BlueStar, knowing what they do is what they are doing.
 

oeste858

Phil Edwards status
Sep 11, 2017
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San Diego, CA
The sad thing is that Nike will inevitably try to do surf again in a few years when it becomes more fashionable again. Hurley acquisition was at least their 3rd attempt to launch a surf brand since the late 80's. I wonder how NikeSB is doing these days? Obviously skate is a bigger potential demo as anyone can skate without having to be near the beach
 

QuadFin

Gerry Lopez status
Oct 10, 2018
1,318
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The sad thing is that Nike will inevitably try to do surf again in a few years when it becomes more fashionable again. Hurley acquisition was at least their 3rd attempt to surf brand since the late 80's. I wonder how NikeSB is doing these days?

 

grg

Phil Edwards status
Mar 11, 2006
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Just talked to my neighbor and BS is Licensing the categories to different companies. Most of his friends and co-workers left or are being asked to leave. No more Sales Managers, etc. Get an envelope you stay dealio....
 

Muscles

Michael Peterson status
Jun 1, 2013
2,598
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California/Hawaii
incorrect.

and in fact dead wrong.

living coastal in Aus/California/Hawaii is now incredibly expensive.

expensive surf travel is the one booming facet of the surf industry.

there's a fucking waiting list to pay for surf at wave pools despite waves being free.


the myth that surfers are cheap bums is just a hangover from Spicoli days.

most surfers are white, wealthy etc etc high disposable income.
Not dead wrong. If I was dead wrong then we wouldn't see surf clothing companies circling the drain.

Surfers are cheap when it comes to things that are branded for surfers. Do you see middle age men lining up to spend $30 on a Hurley T-shirt? No. What you actually see is other surfers ridiculing middle aged kooks for stepping outside wearing a surf branded clothing item.

Most Surfers are either young guys who are broke and rely on their parents income for clothing, or middle age guys who have better things to spend money on then overpriced clothing items.
 

ULUSURFER

Gerry Lopez status
Jan 2, 2007
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Surfers are some of the cheapest people on the planet.
not in California. New full quivers of $800 boards,$300 wetsuits, min of $1,800 a month in rent and going up. Lots of guys in expensive trucks and kitted our sprinters.

no longer are surfers free spirited poor hippy drifters.

California is expensive as sh!t. Australia not so much
 

studog

Duke status
Jan 15, 2003
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not in California. New full quivers of $800 boards,$300 wetsuits, min of $1,800 a month in rent and going up. Lots of guys in expensive trucks and kitted our sprinters.

no longer are surfers free spirited poor hippy drifters.

California is expensive as sh!t. Australia not so much
trustfunder kids who can afford the $1K midlength boards and living out of a Sprinter van fronting the image of being dirt bags
 
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freeride76

Michael Peterson status
Dec 31, 2009
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Lennox Head.
not in California. New full quivers of $800 boards,$300 wetsuits, min of $1,800 a month in rent and going up. Lots of guys in expensive trucks and kitted our sprinters.

no longer are surfers free spirited poor hippy drifters.

California is expensive as sh!t. Australia not so much
Not far off.

Surf industry companies circling the drain because the biz model of branded surf wear died pretty much at the exact moment that hubris caused them to hugely over-extend balance sheets.

ergo, bankruptcy.

there is no decline in surfer numbers that I can perceive and in fact a massive increase in the per diem cost of being a daily surfer who wants to live near or at the coast in a first world country.