
Element Skateboards is owned by Authentic Brands Group (ABG), a privately held brand management company based in New York City. ABG acquired Element through its $1.25 billion purchase of Boardriders, Inc. in 2023. ABG was founded in 2010 by Jamie Salter and manages over 50 brands through licensing partnerships, generating approximately $36 billion in annual global retail sales.
Parent Company
Acquired
2023
Status
Private
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Element Skateboards | Authentic Brands Group | Wholly owned |
Element Skateboards was founded in 1992 by professional skateboarder Johnny Schillereff in Atlanta, Georgia. The brand was originally called Underworld Element. Schillereff started the company with a simple goal: make quality skateboard decks that reflected his connection to nature and skate culture. The name was later shortened to Element, and the brand adopted its now-recognizable tree logo.
Through the 1990s, Element grew steadily within the skateboarding community. The brand gained a reputation for deck quality and distinctive graphics that set it apart from larger competitors. Element expanded beyond decks into trucks, wheels, griptape, wax, apparel, and footwear. The company sponsored a team of professional skateboarders who helped build the brand's credibility in the skate community.
In 2001, Element was acquired by Billabong International, the Australian surf and skate apparel company. The acquisition gave Element access to Billabong's global distribution network and retail infrastructure. Under Billabong's ownership, Element expanded its international presence, particularly in Europe and North America. The brand opened The Branch in 2014, a creative headquarters in Costa Mesa, California that served as a design studio and gathering space for the Element team.
Billabong underwent significant corporate changes in the 2010s. In 2018, Billabong merged with Quiksilver under a new corporate entity called Boardriders, Inc. The merger consolidated several major action sports brands under one parent company. Element continued to operate within this structure, maintaining its brand identity while benefiting from shared resources and distribution.
In 2023, Authentic Brands Group acquired Boardriders, Inc. for approximately $1.25 billion. The deal brought Quiksilver, Billabong, DC Shoes, Roxy, RVCA, and Element into ABG's portfolio. ABG's licensing model meant that Element's manufacturing and retail relationships would be restructured under new partnership agreements.
In 2025, Element expanded its retail footprint through a licensing agreement with JAKKS Pacific, which brought Element products to Walmart stores in the United States. The move represented a shift toward mass-market retail, a departure from the brand's traditional focus on specialty skate shops. In early 2026, Element premiered "Search," a film project shot across Spain, Sweden, Gran Canaria, and Croatia, featuring the brand's international team of riders. The film premiered at Le Rex in Paris.
Also in 2026, Element partnered with Concept One Accessories on a licensed collection tied to the Marvel Studios and Sony Pictures film "Spider-Man: Brand New Day," scheduled for theatrical release on July 31, 2026. The collection includes backpacks and headwear available through BoxLunch and specialty retailers.
What does Authentic Brands Group own?
ABG owns over 50 brands including Reebok, Champion, Guess (majority stake acquired January 2026), Dockers (acquisition agreed May 2025), Forever 21, Juicy Couture, Nautica, Quiksilver, Billabong, DC Shoes, Roxy, RVCA, Element, Sports Illustrated, and entertainment licensing rights for Marilyn Monroe, Elvis Presley, and Muhammad Ali, among others.
Is Authentic Brands Group publicly traded?
No. ABG is a privately held company and has not pursued a public listing as of 2026. The company has been valued at over 20 billion dollars in private funding discussions.
Who founded Authentic Brands Group?
ABG was founded in 2007 by Jamie Salter, who serves as Chairman and CEO. Salter built the company through acquisitions of heritage consumer brands and the development of a licensing-based business model.
Where is Authentic Brands Group headquartered?
ABG is headquartered in New York City, New York.
How does Authentic Brands Group make money?
ABG earns royalties from licensees who manufacture and sell products under ABG's brand names. Licensees pay royalties calculated as a percentage of net sales. ABG does not manufacture products or hold inventory directly. The company's portfolio generates an estimated 30 billion dollars or more in annual retail sales globally.
What is ABG's most recent major acquisition?
In January 2026, ABG completed the acquisition of a majority stake in Guess, valuing the brand at approximately 1.4 billion dollars. In May 2025, Levi Strauss agreed to sell the Dockers brand to ABG for 311 million dollars. In 2024, ABG acquired Champion from Hanesbrands for approximately 1.2 billion dollars.
Did Forever 21 go bankrupt again?
Yes. In 2025, Forever 21 filed for Chapter 11 bankruptcy again and announced plans to close all U.S. stores. The brand was acquired by ABG, Simon Property Group, and Brookfield from bankruptcy in 2020 but continued to face headwinds from fast fashion competition and changing consumer preferences.
Element Skateboards has built its brand identity around environmental consciousness since its founding. The brand's tree logo reflects this connection to nature, and Element has pursued various environmental initiatives over its history.
Element's most notable sustainability effort is its partnership with the World Wildlife Fund (WWF), now in its third consecutive year. The collaboration features collections centered on forest conservation, with 10 percent of French sales directed to WWF. The 2025 collection highlighted the lynx species and included original artwork by illustrator Floor Van Het Nederend.
The brand has also participated in tree planting programs and has used sustainable materials in some deck constructions, including bamboo and recycled wood. However, none of Element's sustainability claims are independently certified through recognized third-party organizations such as B Lab, Cradle to Cradle, or the Forest Stewardship Council. The brand does not hold certifications from the allowed sustainability flag categories.
Element's manufacturing occurs through third-party facilities in China and Mexico. ABG's licensing model means the parent company does not directly control working conditions in these factories. ABG has stated that it requires licensees to comply with labor standards, but the company does not publish detailed supply chain audit reports for its action sports brands.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Authentic Brands Group | USA | 2000 | Mid market | Global | Unisex | |
| Celsius Holdings | USA | 2001 | Mass market | Global | All Genders | |
| Authentic Brands Group | USA | 1994 | Premium | Global | All Genders | |
| Authentic Brands Group | USA | 1969 | Mass market | Global | All Genders | |
| Authentic Brands Group | USA | 2001 | Mass market | Global | All Genders |
SportsOwned by Authentic Brands Group
California-based eyewear brand specializing in sunglasses, snow goggles, optical glasses, and moto goggles for action sports and lifestyle use. Owned by Authentic Brands Group through its 2023 acquisition of Boardriders. Von Zipper generates approximately $22 million in annual revenue with distribution in over 50 countries.
Food BeverageOwned by Celsius Holdings, Inc.
American energy drink brand founded in 2001, owned by Celsius Holdings in the U.S. and Canada and by PepsiCo internationally, known for action sports and music culture marketing.
Fashion ApparelOwned by Authentic Brands Group
American skateboarding and action sports footwear brand owned by Authentic Brands Group. Founded in 1994, DC Shoes generates approximately $61 million in annual revenue and is licensed to BBC International for footwear design and distribution.
SportsOwned by Authentic Brands Group
Surf and action sports apparel brand founded in Australia in 1969, now owned by Authentic Brands Group after its 2023 acquisition of Boardriders for $1.25 billion.
SportsOwned by Authentic Brands Group
Orange County-based clothing and lifestyle brand blending surf, skate, martial arts, and contemporary art culture. Owned by Authentic Brands Group.
Market Positioning: Element Skateboards competes with 5 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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