Since February 23, 2008

 

Created By SJ

Volcom is a clothing manufacturer. Volcom is located in Costa Mesa, California founded in 1991 as Stone Boardwear, Inc. by Richard "Wooly" Woolcott and Tucker "T-Dawg" Hall. The creator of the Volcom "stone" is Thomas McElroy, a legend in the surf industry. It caters to the surfing, skateboarding, snowboarding markets, born out of the founders' own experiences with these sports. In April 2005, the Company changed its name to Volcom, Inc. On June 29, 2005, Volcom Inc. made an initial public offering on NASDAQ, pricing 4.69 million shares at $19 a share and raising $89 million. The underwriters of the IPO were Wachovia Securities, D.A. Davidson and Piper Jaffray.

Volcom is known for its elaborate uses of the "stone" logo pictured on the right and its "Youth Against Establishment" motto. It is also actively involved in a campaign that it calls "Let the Kids Ride Free".

Volcom's record label is called Volcom Entertainment.

January 16th 2008 Transworld Business's Joshua Hunter reported

"The oldest rumor in the industry came to fruition in the early hours of the morning as news hit the wire that Volcom, Inc. has reached an agreement with Electric Visual to acquire the brand for $25.25 Million in cash upon closing of the deal. Electric shareholders will also be eligible to earn up to $21 Million over the next three years if they hit certain goals. It’s no wonder the Electric guys were having such a good time at Surf Expo this year! Congrats fellas"

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