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Quiksilver, Inc. is an American retail sporting company, founded in Torquay, Australia, but now based in Huntington Beach, California. It is one of the world's largest manufacturers of surfwear and other boardsport-related equipment.[3] The company's logo, designed by founder Alan Green and John Law in 1973,[4] was inspired by Japanese painter Hokusai's woodcut The Great Wave off Kanagawa.[5] It depicts a large wave with a mountain on a red background. The company also produces a line of apparel for young women, under the brand Roxy. The Roxy logo consists of two copies of the Quiksilver logo, one reflected, forming a heart. Another line of apparel for women is under the brand Quiksilver
Quiksilver
Women. As of 2013, the company lost financially for six years and initiated a turnaround plan to resolve this. However, in September 2015 the company filed for bankruptcy. After emerging from bankruptcy in early 2016, the company once again became privately held with Oaktree Capital Management as the majority shareholder.

Contents

1 Corporate information 2 Quiksilver
Quiksilver
2013-today 3 Roxy 4 See also 5 References 6 External links

Corporate information[edit] Quiksilver
Quiksilver
purchased Skis Rossignol
Skis Rossignol
for $560 million in 2005, but sold Rossignol on 12 November 2008 for $37.5 million (30 million euros) in cash and a $12.5 million note (10 million euro).[6] It owned golf-equipment maker Cleveland Golf
Cleveland Golf
up until 31 October 2007, when it sold the company to a Japanese sporting goods company.[7] Quiksilver also owns DC Shoes, a skateboard shoe brand. In 2009 Moody's included Quiksilver
Quiksilver
on its Bottom Rung list of companies most likely to default on its debt.[8] Co-founder and CEO of Quiksilver
Quiksilver
Bob McKnight stepped down as CEO on 11 January 2013. He then acted as Executive Chairman, until retiring in October 2014.[9] Andy Mooney, who was formerly chairman of Disney Consumer Products, served as CEO from 2013 to 2015.[10] The current CEO is Pierre Agnes.[1] Mooney stepped down as the CEO of Quiksilver
Quiksilver
and was replaced in March 2015 by longtime Quiksilver
Quiksilver
employee Pierre Agnes to restructure the brand.[11] Quiksilver
Quiksilver
2013-today[edit] As of 2013, Quiksilver
Quiksilver
operated 834[12] stand-alone stores in major cities across Australia, New Zealand and the Pacific, Europe, North and South America, Asia
Asia
and Africa. At that time, there were two types of Quiksilver
Quiksilver
operated stores, known as either "Boardriders Club" or "Factory" stores. Their products were also sold in many other outlets across the world such as PacSun, the Fells Point Surf Company or the Ron Jon Surf Shop. With PacSun's decline in retail prominence, Quiksilver
Quiksilver
and other brands have suffered diminished sales. In addition, the company operated a number of separate Roxy and Quiksilver
Quiksilver
Youth stores. As of 2013, the company lost financially for six years and initiated a turnaround plan in an attempt to resolve this.[13] In September 2015 the company filed for Chapter 11 bankruptcy.[14][15] After emerging from bankruptcy in early 2016, the company once again became privately held with Oaktree Capital Management
Oaktree Capital Management
as the majority shareholder.[16] As of 2016, their current retail presence is significantly smaller after restructuring by Oaktree.[16] The company name was changed to Boardriders in March 2017, which became the owner of the Quiksilver, Roxy and DC Shoes
DC Shoes
brands. It is under negotiations to purchase the Billabong company in 2018.[17] On January 30, 2018, the global CEO of Boardriders (Quiksilver), Pierre Agnes, was declared missing after his sailboat washed ashore without him near Biarritz, France, after he radioed in to delay his return in thick fog conditions. A search operation by air and sea was launched the same day.[18] Roxy[edit] In 1990, Quiksilver
Quiksilver
launched its sister brand for young women, Roxy. The brand was shuttered after 1991 surf industry crash but revived by Bob McKnight and Danny Kwock in 1992, signing Lisa Andersen in 1993. It was differentiated from the main Quiksilver
Quiksilver
line "for fear it would damage the men's brand", according to Randy Hild, the company's senior vice president of marketing. Roxy was chosen because it sounded like a punk band or club (likely Roxy Music
Roxy Music
and The Roxy respectively), and is also the name of the daughters of both CEO Bob McKnight and founder Alan Green.[19][20] About 30% of Quiksilver's sales come from the Roxy line.[21] Since inception, Roxy has grown to be the largest action sport fashion apparel company for young women.[citation needed] In addition to apparel, it now also produces accessories, homewares, hard goods (snow and surf), wetsuits, footwear, books and perfumes. It has sub-brands for its children's ranges, Roxy Girl and Teenie Wahine. In the spring of 2013, the " DVF
DVF
loves Roxy" collection was released as a one-time limited edition collaboration line of swim and beach wear as well as accessories.[22] See also[edit]

Australia
Australia
portal USA portal Sports portal

Quiksilver
Quiksilver
Pro Gold Coast Quiksilver
Quiksilver
Pro France Quiksilver
Quiksilver
Big Wave Invitational DC Shoes

References[edit]

^ a b Connelly, Laylan (March 27, 2015). "Huntington Beach-based Quiksilver
Quiksilver
replaces CEO with longtime company insider". The Orange County Register. Retrieved 2015-03-27.  ^ a b "Annual Reports / Investor Relations / Quiksilver
Quiksilver
Inc / Quiksilver
Quiksilver
- Quiksilver
Quiksilver
Inc". Ir.quiksilver.com. Archived from the original on 2014-08-28. Retrieved 2016-02-21.  ^ "Global Boardsports Market". Companiesandmarkets.com. Archived from the original on 4 March 2016. Retrieved 21 February 2016.  ^ " Quiksilver
Quiksilver
- About Us". Quiksilver. 2011. Retrieved 2011-12-29.  ^ (In French) L'Express (13 July 2000). "Surf La planche à billet". Retrieved 2009-09-06.  ^ " Quiksilver
Quiksilver
closes on sale of Rossignol ski unit". MSN Money. Associated Press. 13 November 2008. Archived from the original on 8 March 2007. Retrieved 13 November 2008.  ^ " Quiksilver
Quiksilver
Sells Cleveland Golf
Cleveland Golf
Unit". 31 October 2007. Retrieved 2007-11-30.  ^ McCracken, Jeffrey (10 March 2009). " Moody's Aims to Be Ahead on Defaults". The Wall Street Journal. p. C1.  ^ " Quiksilver
Quiksilver
Executive Chairman Bob McKnight To Retire; Pierre Agnes Appointed President Transworld Business". Business.transworld.net. Retrieved 2016-02-21.  ^ Connelly, Laylan (3 January 2013). " Quiksilver
Quiksilver
co-founder and longtime CEO steps down". The Orange County Register. Retrieved 3 January 2013.  ^ Beilfuss, Lisa (March 27, 2015). " Quiksilver
Quiksilver
Ousts CEO, Installs 27-Year Company Veteran as Chief Executive". The Wall Street Journal. Retrieved March 27, 2015.  ^ Hamanaka, Kari (13 June 2011). " Quiksilver
Quiksilver
Comeback: New Stores Planned". Orange County Business Journal. 34 (24): 65.  Of these 834 stores, 540 are owned by the company and the rest operate under licensing agreements. ^ Pfeifer, Stuart (2013-06-17). " Quiksilver
Quiksilver
is riding a wave of red ink". LA Times. Retrieved 2016-02-21.  ^ "Quicksilver Chapter 11 Petition" (pdf). PacerMonitor. PacerMonitor. Retrieved 9 May 2016.  ^ " Quiksilver
Quiksilver
files for Chapter 11 bankruptcy in the US". Bbc.co.uk. Retrieved 2016-02-21.  ^ a b Connelly, Laylan. "Quiksilver, free from bankruptcy, talks booze and boardshorts". The Orange County Register. Retrieved 2016-05-20.  ^ Masunaga, Samantha (January 4, 2018). "Huntington Beach-based Boardriders acquires Billabong". Los Angeles Times. Retrieved 8 January 2018.  ^ Hanbury, Mary (January 30, 2018). "Quiksilver's CEO has mysteriously disappeared off the coast of France". Business Insider. Retrieved 30 January 2018.  ^ Bellantonio, Jennifer (16 September 2002). "Image makers". Orange County Business Journal. Retrieved 6 December 2009.  ^ Calhoun, Carina (12 July 2010). "Q&A". Orange County Business Journal. 33 (28): 7.  ^ Gomez, Alicia (16 August 2010). "Beyond Roxy: Quiksilver
Quiksilver
Does Junior Line". Orange County Business Journal. 33 (33): 3, 31.  ^ Bradstreet, Kailee (11 March 2013). "Roxy Celebrates Launch Of 'DVF Loves Roxy' Collection". Retrieved 21 March 2013. 

External links[edit]

Official website

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