Whistler, CANADA, December 2, 1999 – Whistler/Blackcomb announced today itwill be expanding its retail operations with the acquisition of the twoWestbeach retail locations in Vancouver and Whistler Village from WyndcrestPartners, Ltd., a Florida-based private investment partnership led by JohnTextor.
Whistler/Blackcomb Director of Retail, Todd Friesen said,”Whistler/Blackcomb has had tremendous success with our Showcase Snowboardstores and now with this addition of the Westbeach stores we have a newunique opportunity to grow our snowboard business.” He added, “Since thevery beginning, Westbeach has been leading Canadian snowboard culture andthis has been integral to their success. We intend on maintaining thatculture, and keeping the Westbeach brand very separate and distinct from therest of our retail operations. We are very proud to have them join ourretail group and we look forward to learning from their success and buildingon each others strengths.”
Whistler/Blackcomb’s acquisition of Westbeach retail locations will have noimpact on the Westbeach wholesale apparel business that was recentlyacquired by Wyndcrest Partners, Ltd.
Speaking as the founder of Westbeach, Chip Wilson said, “Many of our closestfriends are with Whistler/Blackcomb and we are looking forward toflourishing that relationship even more. When we announced the news toWestbeach retail staff I shared their excitement; there are so many benefitsto being part of the Whistler/Blackcomb team. Our staff has been treated sowell and they have a really great future ahead of them.”