Halcyon days here again!
We are but hours away from Authentic Brands Group official purchase of Boardriders and, already, surf fans are celebrating. As you know, the ABG juggernaut, owners of the Shaquille O’Neill, Elvis Presley, Marilyn Monroe, though not Marilyn Manson licenses (Manson’s has grown icky) and valued over $20 billion dollars, became excited by Boardriders, home to Billabong, Quiksilver, RVCA and decided to acquire months ago.
After a few hiccups, the deal will be finalized on Aug. 31 and announced to the world by a dumping of Billabong and RVCA shirts into Costco, surf fans buying them up for pennies on the dollar.
What thrills even more, however, is the anticipated “Battle for Beard Oil” with rival Hurley.
Bob’s baby, acquired by Bluestar Alliance in 2019, immediately pivoted factories from best-in-class boardshorts to inflatable pool toys, fingernail clippers and, of course, men’s grooming products.
It has come to dominate the surf-branded unnecessary and landfill-ready market so much that, for the past four years, surf fans felt that they would only have one option for Chinese-made reading glasses.
Now, with Quiksilver, Billabong, RVCA, Volcom (purchased by ABG in a separate deal) all ready to make junk, which will rise to the top?
The early money has to be on RVCA. The “balance of opposites” already pivoted, successfully, to the fight game, years upon years ago and I’d imagine various creams and salves can be put on the market straight away.
Like Goldbond but hip.
Quiksilver might be a sneaker, though, with the “mountain and the wave” the best logo of the bunch and ready to adorn bottles of fingernail polish or baby teething toys.
Billabong?
I don’t really see it.
You?