Author Topic: skate industry downsizing... podium blackbox etc..  (Read 9025 times)

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    • outlawz
skate industry downsizing... podium blackbox etc..
« on: November 04, 2008, 05:16:46 AM »
The effects of the economic crisis...

""We’ve been getting unconfirmed word today regarding recent lay-offs at some of the industry’s biggest brands. Podium Distribution reportedly laid off approximately 20 people on Friday, October 31, 2008. Similar lay-offs were also rumored at Black Box, Osiris, and Sole Tech."
read more here: http://www.boardistan.com/?p=2332

still Rollin! www.outlawz.nl

vince the stud

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Re: skate industry downsizing... podium blackbox etc..
« Reply #1 on: November 04, 2008, 05:44:43 AM »
i just hope that the skate industry downsize just enof to kill all the mtv skate relate show and all the hipster would stop buying skate shoes
tricks are for kids , style is forever

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Re: skate industry downsizing... podium blackbox etc..
« Reply #2 on: November 04, 2008, 05:46:40 AM »
yeah! back to the roots
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net lurk

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Re: skate industry downsizing... podium blackbox etc..
« Reply #3 on: November 04, 2008, 07:37:08 AM »
I'm praying that skateboarding becomes what it was in via 1990's

oldeath

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Re: skate industry downsizing... podium blackbox etc..
« Reply #4 on: November 04, 2008, 07:41:35 AM »
I only support local brands board and wheel wise,when it comes to shoes and trucks i only get indys and vans.

skate_bored

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Re: skate industry downsizing... podium blackbox etc..
« Reply #5 on: November 04, 2008, 07:54:20 AM »
id rather work full time in a skate shop than go get a job i hate....so im hoping things dont get too bad.

riding walls

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Re: skate industry downsizing... podium blackbox etc..
« Reply #6 on: November 04, 2008, 08:05:46 AM »
I see A long term backlash awaiting.
Shoe companies will all be begging to sell to footlocker and other assorted mall stores.
The economy will cause aging and doing nothing pros to fall by the wayside,tightening the sompanies belts again.
And all the kids who dream of getting hooked up will have that much tougher of a time getting anywhere.
I'm guessing we will see a significant drop in skateboarders in the next 24 months.
It will be good though as most left will be in it for themselves. Sales will be down for most everyone.
Only the small survive.

MFS

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Re: skate industry downsizing... podium blackbox etc..
« Reply #7 on: November 04, 2008, 08:06:35 AM »
I haven't noticed a decline in sales at all, if anything its been an increase.
I only support local brands board and wheel wise,when it comes to shoes and trucks i only get indys and vans.

As for every "Soul Skater" claiming they only wear vans.

http://www.fundinguniverse.com/company-histories/Vans-Inc-Company-History.html


riding walls

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Re: skate industry downsizing... podium blackbox etc..
« Reply #8 on: November 04, 2008, 08:11:25 AM »
Same for us actually, well this month has been kinda slow but for the year we are way up.
I meant more company wide, as local scenes build I think shops will push there inhouse stuff harder as margins are better on shop decks and shirts.

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Re: skate industry downsizing... podium blackbox etc..
« Reply #9 on: November 04, 2008, 08:11:41 AM »
I haven't noticed a decline in sales at all, if anything its been an increase.
I only support local brands board and wheel wise,when it comes to shoes and trucks i only get indys and vans.

As for every "Soul Skater" claiming they only wear vans.

http://www.fundinguniverse.com/company-histories/Vans-Inc-Company-History.html


good read, skateshoes for only 2,49-4.99 damn!
still Rollin! www.outlawz.nl

crackrazor

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Re: skate industry downsizing... podium blackbox etc..
« Reply #10 on: November 04, 2008, 08:21:49 AM »
shit.

MFS

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Re: skate industry downsizing... podium blackbox etc..
« Reply #11 on: November 04, 2008, 08:25:42 AM »
Same for us actually, well this month has been kinda slow but for the year we are way up.
I meant more company wide, as local scenes build I think shops will push there inhouse stuff harder as margins are better on shop decks and shirts.

Im pumping mostly pro boards and lots of shoes/clothes. Snowboarding really helps us out as well, no shame in paying the bills i always say.

By the way, Im stoked your back Dave. ;D

riding walls

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Re: skate industry downsizing... podium blackbox etc..
« Reply #12 on: November 04, 2008, 08:27:44 AM »
Same for us actually, well this month has been kinda slow but for the year we are way up.
I meant more company wide, as local scenes build I think shops will push there inhouse stuff harder as margins are better on shop decks and shirts.

Im pumping mostly pro boards and lots of shoes/clothes. Snowboarding really helps us out as well, no shame in paying the bills i always say.

By the way, Im stoked your back Dave. ;D
We just did a huge snow swap and made enough to pay all our early snow bills and cleared out tons of old stuff, made up the difference by having a ton of off priced gear too. We are def a skate shop that sells snow stuff, not the other way around.

Glad to be back, I couldn't stay away

BriDen

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Re: skate industry downsizing... podium blackbox etc..
« Reply #13 on: November 04, 2008, 08:53:29 AM »
I haven't noticed a decline in sales at all, if anything its been an increase.
I only support local brands board and wheel wise,when it comes to shoes and trucks i only get indys and vans.

As for every "Soul Skater" claiming they only wear vans.

http://www.fundinguniverse.com/company-histories/Vans-Inc-Company-History.html

Quote
Van Doren also pushed the company deeper into specialty sports footwear, developing baseball, football, umpiring, basketball, soccer, wrestling, boxing, and skydiving shoes.
Huh?

MFS

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Re: skate industry downsizing... podium blackbox etc..
« Reply #14 on: November 04, 2008, 09:02:09 AM »
Same for us actually, well this month has been kinda slow but for the year we are way up.
I meant more company wide, as local scenes build I think shops will push there inhouse stuff harder as margins are better on shop decks and shirts.

Im pumping mostly pro boards and lots of shoes/clothes. Snowboarding really helps us out as well, no shame in paying the bills i always say.

By the way, Im stoked your back Dave. ;D
We just did a huge snow swap and made enough to pay all our early snow bills and cleared out tons of old stuff, made up the difference by having a ton of off priced gear too. We are def a skate shop that sells snow stuff, not the other way around.

Glad to be back, I couldn't stay away

Same here man, we did our local snow swap and killed it. Now if we get a good season it will make iteasy to get rid of the rest of our 08/09. Libtech is making us so much fucking money this year, its all banana this and banana that.

NickDagger

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Re: skate industry downsizing... podium blackbox etc..
« Reply #15 on: November 04, 2008, 09:02:34 AM »
Quote
Marriner S. Eccles, who served as Franklin D. Roosevelt's Chairman of the Federal Reserve from November 1934 to February 1948, detailed what he believed caused the Depression in his memoirs, Beckoning Frontiers (New York, Alfred A. Knopf, 1951)[24]:

    As mass production has to be accompanied by mass consumption, mass consumption, in turn, implies a distribution of wealth -- not of existing wealth, but of wealth as it is currently produced -- to provide men with buying power equal to the amount of goods and services offered by the nation's economic machinery. [Emphasis in original.]

    Instead of achieving that kind of distribution, a giant suction pump had by 1929-30 drawn into a few hands an increasing portion of currently produced wealth. This served them as capital accumulations. But by taking purchasing power out of the hands of mass consumers, the savers denied to themselves the kind of effective demand for their products that would justify a reinvestment of their capital accumulations in new plants. In consequence, as in a poker game where the chips were concentrated in fewer and fewer hands, the other fellows could stay in the game only by borrowing. When their credit ran out, the game stopped.

    That is what happened to us in the twenties. We sustained high levels of employment in that period with the aid of an exceptional expansion of debt outside of the banking system. This debt was provided by the large growth of business savings as well as savings by individuals, particularly in the upper-income groups where taxes were relatively low. Private debt outside of the banking system increased about fifty per cent. This debt, which was at high interest rates, largely took the form of mortgage debt on housing, office, and hotel structures, consumer installment debt, brokers' loans, and foreign debt. The stimulation to spend by debt-creation of this sort was short-lived and could not be counted on to sustain high levels of employment for long periods of time. Had there been a better distribution of the current income from the national product -- in other words, had there been less savings by business and the higher-income groups and more income in the lower groups -- we should have had far greater stability in our economy. Had the six billion dollars, for instance, that were loaned by corporations and wealthy individuals for stock-market speculation been distributed to the public as lower prices or higher wages and with less profits to the corporations and the well-to-do, it would have prevented or greatly moderated the economic collapse that began at the end of 1929.

    The time came when there were no more poker chips to be loaned on credit. Debtors thereupon were forced to curtail their consumption in an effort to create a margin that could be applied to the reduction of outstanding debts. This naturally reduced the demand for goods of all kinds and brought on what seemed to be overproduction, but was in reality underconsumption when judged in terms of the real world instead of the money world. This, in turn, brought about a fall in prices and employment.

    Unemployment further decreased the consumption of goods, which further increased unemployment, thus closing the circle in a continuing decline of prices. Earnings began to disappear, requiring economies of all kinds in the wages, salaries, and time of those employed. And thus again the vicious circle of deflation was closed until one third of the entire working population was unemployed, with our national income reduced by fifty per cent, and with the aggregate debt burden greater than ever before, not in dollars, but measured by current values and income that represented the ability to pay. Fixed charges, such as taxes, railroad and other utility rates, insurance and interest charges, clung close to the 1929 level and required such a portion of the national income to meet them that the amount left for consumption of goods was not sufficient to support the population.

    This then, was my reading of what brought on the depression.
"DIS YA BOI NICK DAGGAL" -Arto Saari


Sleazy

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Re: skate industry downsizing... podium blackbox etc..
« Reply #16 on: November 04, 2008, 09:20:37 AM »
the recession in consumer goods will be taking an up turn real soon. combine deflation which will be driven by lower gas prices (assuming they stay low, which i think they might) with obama's tax cut and you there is no way you don't get more consumer spending on shit like skate shoes.

bubble isn't bursting, it's just going with the flow

Pabst

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Re: skate industry downsizing... podium blackbox etc..
« Reply #17 on: November 04, 2008, 09:47:38 AM »
That is kinda funny that podium is laying off employees while they build a massive TF. Hmmmmmm...

riding walls

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Re: skate industry downsizing... podium blackbox etc..
« Reply #18 on: November 04, 2008, 09:57:35 AM »
Same for us actually, well this month has been kinda slow but for the year we are way up.
I meant more company wide, as local scenes build I think shops will push there inhouse stuff harder as margins are better on shop decks and shirts.

Im pumping mostly pro boards and lots of shoes/clothes. Snowboarding really helps us out as well, no shame in paying the bills i always say.

By the way, Im stoked your back Dave. ;D
We just did a huge snow swap and made enough to pay all our early snow bills and cleared out tons of old stuff, made up the difference by having a ton of off priced gear too. We are def a skate shop that sells snow stuff, not the other way around.

Glad to be back, I couldn't stay away

Same here man, we did our local snow swap and killed it. Now if we get a good season it will make iteasy to get rid of the rest of our 08/09. Libtech is making us so much fucking money this year, its all banana this and banana that.
sk8 banannas have been slow but the skunk ape and t rice are selling really well. Lib tech is easily our best selling board brand for sure.

no one you know

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Re: skate industry downsizing... podium blackbox etc..
« Reply #19 on: November 04, 2008, 10:33:48 AM »
20 employees! that is like their whole company!!!! prolly got like 4 warehouse guys, 4 sales guys, 2 top guys, 4 manufacturing guys, chick to answer the phone, and like 5 marketing guys. like really, how many more people do they need besides the skaterS? i guess they all have art deparments now and stuff. i liked it better when the skater did the graphics. id liek to see a wu graphic.


Yo, wassup with the Wu? Is the outcome getttin critical, fuckin wit my style is sorta like a maricle?

gordon bombay

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Re: skate industry downsizing... podium blackbox etc..
« Reply #20 on: November 04, 2008, 11:10:28 AM »
maybe dvs should just drop their wake and racing car teams.

Dr Newton

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Re: skate industry downsizing... podium blackbox etc..
« Reply #21 on: November 04, 2008, 11:17:11 AM »
You all are so horrible at estimating the size and scope of these companies. You think DVS produces all of those shoes with "four manufacturing guys"? LOL.

I'm glad it's falling apart. The skate industry needs a good, stiff recession to balance out the hipsters with the people that actually skate. A bunch of these skaters need a good dose of reality also.

Randozzi

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Re: skate industry downsizing... podium blackbox etc..
« Reply #22 on: November 04, 2008, 11:20:46 AM »
The skate industry needs a good, stiff recession to balance out the hipsters with the people that actually skate. A bunch of these skaters need a good dose of reality also.

Alan

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Re: skate industry downsizing... podium blackbox etc..
« Reply #23 on: November 04, 2008, 11:24:11 AM »
I hope Mike V and other kooks get sucked down as well.
Hosin' out the cab of his pickup truck
He's got his 8-track playin' really fuckin' loud

no one you know

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Re: skate industry downsizing... podium blackbox etc..
« Reply #24 on: November 04, 2008, 11:28:59 AM »
You all are so horrible at estimating the size and scope of these companies. You think DVS produces all of those shoes with "four manufacturing guys"? LOL.

I'm glad it's falling apart. The skate industry needs a good, stiff recession to balance out the hipsters with the people that actually skate. A bunch of these skaters need a good dose of reality also.

Dude, it is four guys, Tim Gavin, Deawon Song, Jeron Wilson, and Daniel Castillo. Cheeks just gets payed. I heard a long ass time ago that DVS stands for Donna Vanessa Song, anybody else hear that?

sweets

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Re: skate industry downsizing... podium blackbox etc..
« Reply #25 on: November 04, 2008, 11:29:59 AM »
I'm no longer getting care packages from Tum Yeto. Total bummer. From a skateboarder's perspective, I'm glad the bubble is bursting.
"instead of typing out some dumb reply to this post, go make some art, smell your own body, mate with your own hand, take a picture of your penis when it is in half-boner-mode and post it on slap." Tony

beeda weeda

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Re: skate industry downsizing... podium blackbox etc..
« Reply #26 on: November 04, 2008, 11:37:27 AM »
The skate industry needs a good, stiff recession to balance out the hipsters with the people that actually skate. A bunch of these skaters need a good dose of reality also.
it will be nice to see the industry washed clean, all the people lving off image will be swept away and people with heart and skill will carry on.

Randozzi

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Re: skate industry downsizing... podium blackbox etc..
« Reply #27 on: November 04, 2008, 11:46:45 AM »
The skate industry needs a good, stiff recession to balance out the hipsters with the people that actually skate. A bunch of these skaters need a good dose of reality also.
it will be nice to see the industry washed clean, all the people lving off image will be swept away and people with heart and skill will carry on.
as much as we'd like it to happen, i doubt it will. some of the folks that we don't dig, do love skating as much as anyone else. they also happen to like the money side as well. i'm hoping that the corporations that had no interest in skating 5 years ago go away. but it'll be harder on the pros who depend on those not-so-rad sponsors. we may see good companies go bye-bye, we may see the smaller companies come out of this stronger, we may amazing skaters having to get real jobs. who knows, but as long as we skate, shit will still be around.

ChildoftheGhetto

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Re: skate industry downsizing... podium blackbox etc..
« Reply #28 on: November 04, 2008, 01:12:37 PM »
Am i the only person that doesn't want skateboarders to go broke? I want corporations to pump even more money into skateboarding. The more money companies have, the more likely they are to give me free shit for skateboarding.


Alan

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Re: skate industry downsizing... podium blackbox etc..
« Reply #29 on: November 04, 2008, 01:25:40 PM »
As long as there are pools, there'll be pool skating!
Hosin' out the cab of his pickup truck
He's got his 8-track playin' really fuckin' loud