Maybe the “I’m getting back into skateboarding after 20 years “ trend is over
True, you may get an occasional older skater whose willing to splurge, there will always be newer skaters picking up their first setup and core skaters still supporting their shops / brands, but boom time is over and its run rate level sales. Having a name like Uma Landsleds without a star studded team isn't helping their bottom line.
Haven't made it to portion of the Madars interview where he talks about getting dropped by DC, but I suspect Boardriders looked at their P&L and realized it's time to cut loose a riders (like Evan Smith) who aren't on-brand.
I also struggle to find the new "it" brand after FA / Hockey lost steam in the 2022, 10 years (I think) of them being the hottest brand on the board rack is very respectable. Violet and Limosine had some early interest but that's died down in the past year.