Sponsors
Billabong ▼ 0.000 | PPR ▲ +0.45 | American Apparel ▼ -0.006 | The Buckle ▼ -0.83 | Columbia ▼ -0.31 | Deckers Outdoor ▼ -1.45 | Dicks ▼ -0.52 | Foot Locker ▲ +0.04 | Genesco ▼ -0.67 | Iconix Brand Group ▲ +0.15 | Jarden Corp ▲ +0.10 | Nordstrom ▼ -0.62 | Luxottica ▼ -0.63 | Nike ▲ +0.93 | Pacific Sunwear ▲ +0.01 | Skullcandy ▼ -0.20 | Sport Chalet ▲ +0.04 | Urban Outfitters ▼ -0.64 | VF Corp ▼ -0.28 | Quiksilver ▲ +0.07 | Zumiez ▼ -0.31 | Macys ▼ -1.83 | Tillys ▲ +0.01 |
Ticker Sponsor
Readers Say
Always a good daily read
Always a good daily read

Shop-Eat-Surf creates a good source of timely information about the industry. The site makes all types and size companies feel part of a community where everyone is stoked to hear about other companies successes and ideas. It is always a good daily read.

- By Ted Li, VP of North America, Oakley
Keeps me in the loop
Keeps me in the loop

Being an Executive Edition member allows me to not miss a beat when it comes to the Industry business news. Definitely keeps me in the loop plus goes great with my morning joe.

- By Tony Perez, Surfer and Surfing magazines
New Industry Insight

Shorebreak Hotel as a venue for industry events. Cinematographer Louie Schwartzberg's "Moving Art Retreat" in June at Turtle Bay Resort. Details on Industry Insight.


Tiffany Montgomery
Print This Article

La Jolla Group snaps up Rusty license

By Tiffany Montgomery
August 10, 2007 2:49 PM

The crew at La Jolla Group, which own the license to design and manufacture O'Neill, Lost and Metal Mulisha clothing, have hinted lately expansion was coming.

Toby BostToby Bost, CEO of La Jolla Group. Photo courtesy of La Jolla.

I interviewed CEO Toby Bost a few months ago at the company's Irvine offices, and he said La Jolla was definitely looking to grow. Then at a few recent events, he intimated some news might be on the way.


Now it's here. La Jolla said early this morning it will try to rejuvenate the once high-flying Rusty brand, founded by surfboard shaper Rusty Preisendorfer. Rusty clothing was a hot seller in the 1990s then stumbled toward the end of the decade. Currently, it's not much of a player.


While it's hard to breathe new life into brands that have lost their luster, it can be done. Vans is the best example. The skateboard shoe brand in Cypress has a turbulent history but is now on fire in core skate shops and in larger stores.


When talking to me about growth, Bost said it would be easy to plug other brands into La Jolla's infrastructure. All the back end operations are already in place.


In a statement announcing the deal, Bost said his team will help Rusty stand out from competitors.


"Rusty has a devoted consumer following and we are ready to develop a product assortment that is on trend and has a degree of differentiation from the other brands in the top tier," he said.


Charlie Setzler was named president of Rusty North America. Currently, he is vice president of sales for O'Neill Clothing.


La Jolla acquired the North American license from R. & Everything Else Inc., which now owns the Rusty brand worldwide.


There might be more acquisitions in La Jolla's future. Bost told me adding a skateboard brand would be a natural fit as the company looks to broaden its action sports base.


Here's a link to the story I wrote about Bost in May for OC METRO.

Here are links to La Jolla's brands: O'Neill, Lost, Metal Mulisha, Rusty


Articles You Might Have Missed