Sponsors
Billabong ▲ +0.010 | PPR ▲ +0.55 | American Apparel ▼ -0.013 | The Buckle ▼ -0.39 | Columbia ▲ +0.09 | Deckers Outdoor ▲ +0.26 | Dicks ▼ -0.02 | Foot Locker ▼ -0.18 | Genesco ▼ -0.06 | Iconix Brand Group ▼ -0.05 | Jarden Corp ▲ +0.15 | Nordstrom ▼ -0.15 | Luxottica ▼ -0.56 | Nike ▲ +0.51 | Pacific Sunwear ▼ -0.05 | Skullcandy ▼ -0.04 | Sport Chalet - 0 | Urban Outfitters ▼ -0.53 | VF Corp ▼ -0.01 | Quiksilver ▼ -0.01 | Zumiez ▼ -0.33 | Macys ▼ -0.37 | Tillys ▲ +0.05 |
Ticker Sponsor
Readers Say
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
Great insight into the issues
Great insight into the issues

I am a big fan of Tiffany and her team as well as an avid reader of Shop-Eat-Surf. I shop, I eat, I surf -- I should pay.

- By Kevin Bailey, President, Vans
Industry Insight

MOSS ADAMS: Webinar 12/2 on internal controls to increase the value of your business.
AGENDA: 12/30 deadline to pre-register for Jan. 5-6 Long Beach show.
CIT TRADE FINANCE: Middle-market retailers cautiously optimistic for holiday.
Details on Industry Insight.


Tiffany Montgomery
Print This Article

Billabong Pro Jeffreys Bay downgraded in cost cutting move

By Press Releases
February 24, 2012 9:02 AM

Press Release:

 

Billabong Pro Jeffreys Bay Downgrades from ASP World Title to ASP 6-Star for 2012

 

COOLANGATTA, Queensland/AUS (Friday, February 24, 2012) – The Billabong Pro Jeffreys Bay, Event No. 5 of 11 on the 2012 ASP World Championship Tour, has been officially downgraded to an ASP 6-Star event for 2012.

 

In an official statement today, Billabong said: “The change in event status follows a broader review in which we are seeking to identify cost savings throughout the business. By retaining an event at Jeffreys Bay, it now provides two qualifying events back to back in the South African region. The move to an ASP 6-Star also opens the event up to South Africa’s aspiring pro surfers for the first time in 20 years and ensures continuity of the event for the local businesses in Jeffreys Bay.”

 

The downgrade drops the 2012 ASP World Championship Tour calendar from 11 events to 10, with surfers now counting their best 8 out of 10 results towards their ASP World Title ranking.

 

“We agreed as a Board that whilst very regrettable, the commercial realities are such that a pragmatic approach by ASP at this time seemed sensible,” Richard Grellman, ASP Executive Chairman, said. “Billabong have been long-time supporters of professional surfing and still sponsor three of the ten World Championship Tour events and we look forward to our deep relationship with them continuing.”

 

The 2012 ASP World Championship Tour will commence this Saturday, February 25, 2012, with the Quiksilver and Roxy Pro presented by Land Rover.

 

 


Articles You Might Have Missed