Sponsors
Billabong ▼ -0.025 | PPR ▲ +0.35 | American Apparel ▲ +0.022 | The Buckle ▲ +0.57 | Columbia ▼ -0.13 | Deckers Outdoor ▲ +0.50 | Dicks ▼ -0.77 | Foot Locker ▲ +0.33 | Genesco ▲ +0.62 | Iconix Brand Group ▼ -0.41 | Jarden Corp ▼ -0.43 | Nordstrom ▼ -0.42 | Luxottica ▼ -0.42 | Nike ▲ +0.13 | Pacific Sunwear ▲ +0.06 | Skullcandy ▼ -0.14 | Sport Chalet - 0 | Urban Outfitters ▲ +0.61 | VF Corp ▼ -0.22 | Quiksilver ▼ -0.05 | Zumiez ▼ -0.02 | Macys ▲ +0.14 | Tillys ▼ -0.04 |
Ticker Sponsor
Professional Services
Friedman Stroffe & Gerard, P.C.

FSG’s Action Sports Practice Group provides legal services to the action sports industry. Our clients include surfers, skiers, snowboarders and skaters, as well as sponsors and leading apparel companies. Our attorneys serve in positions with industry organizations such as the Association of Surfing Professionals. We know your business and can provide full-service legal solutions to meet your organizational needs.

More Professional Services...
Readers Say
In touch with our business
In touch with our business

If you're not plugged into Shop-Eat-Surf.com daily, you're out of touch with our business!

- By Peter "PT" Townend, The ActivEmpire
The one, undisputed leader
The one, undisputed leader

It is common knowledge in our industry that there is one undisputed leader in reporting on the topics, businesses and trends that impact all of us the most, and it is shop-eat-surf.com. Their access to those who make our industry happen is second to none, and we value not only the content of their reporting but the editorial thought on what it all means both in the present as well as the future. If we were asked to give a rating, it would be five out of five stars.

- By Craig Levra, CEO, Sport Chalet
Industry Insight


ROTH CAPITAL PARTNERS: Hosting 27th Growth Stock Conference March 8-11 in Dana Point, Calif.
Details on Industry Insight.


Tiffany Montgomery
Print This Article

Firewire not impacted by Perrin bankruptcy

By Tiffany Montgomery
March 04, 2009 5:55 AM

News surfaced out of Australia this week that Matthew Perrin filed for bankruptcy. Perrin, a former Billabong CEO, is a lead investor in surfboard maker Firewire. Firewire CEO Mark Price said his company is not impacted by Perrin's personal financial issues. Firewire is self-funded at this stage and uses Wells Fargo as a factor, Price said.

Press release: 

Firewire not Impacted by Investors Personal Bankruptcy.

Firewire was saddened to learn that Matthew Perrin, one of the companies lead
investors over the past 3 years, had filed for bankruptcy protection in Australia due to
real estate and other business dealings unrelated to Firewire.

"Matthew's commitment was one of the foundations on which Firewire was built", said
Firewire CEO Mark Price, "and he along with our other lead investors, combined with
our innovative product and Taj's success, have allowed Firewire to develop into a
globally recognized surfboard brand in a relatively short space of time".

Heading into its 3rd full year of operations, Firewire continues to gain market share and
die hard converts to the companies innovative technology, the most recent of which,
Rapid-fire, combines bamboo deck skins with internal carbon rods to control flex
properties.

"Our business is by no means immune to global market conditions", continued Price,
"but with a highly differentiated product and exceptionally clean distribution, we believe
that Firewire is well positioned for today's market conditions and for the future".

 


Articles You Might Have Missed