Billabong suspended trading of its shares on the Australian Securities Exchange after an Australian Financial Review (AFR) article, reporting that TPG was withdrawing its purchase offer, sent Billabong shares plummeting 18% to $1.075.
Burr Ridge, Ill. – April 16, 2012 Alli Sports, a division of the NBC Sports Group, today announced a four-year renewal of their partnership with Mountain Dew, along with the 2012 schedule for the new Dew Tour. Alli Sports, together with Mountain Dew, who has been the tour title partner since its inception, is reshaping the Dew Tour to showcase action sports in three large-scale, premium and ‘grand-slam’ style events.
Eco-friendly surfboard rack company Nice Rack, based out of San Diego, California, has announced it will expand into the SUP category. The new racks are designed with steel and covered by a soft protective nitrile foam to hold heavy stand-up paddle and longboards.