Lost International, the American brand of surfboards, skateboards and related apparel and accessories launched in 1985, is switching to a licensing model for its sales in the U.S., Europe and many other territories. An investment group based in Chino, California and led by Nick Agakanian will reportedly take care of manufacturing, sourcing and financing. Described as a prominent manufacturer and inventory logistics operator in Asia, North America and Central America, Agakanian will act as chief executive of the newly formed Lost Holdings. Lost will continue to sell the products. Its parent company, Lost Enterprises, already has licensees and distributors in several countries, including Brazil, Canada, South Africa, and Japan.

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