QUIKSILVER, INC. is an American retail sporting company, founded in
Australia , but now based in
Huntington Beach, California .
It is one of the world's largest manufacturers of surfwear and other
boardsport -related equipment. Its logo, designed by company founder
Alan Green and John Law in 1973, was inspired by Japanese painter
Hokusai 's woodcut
The Great Wave off Kanagawa
The Great Wave off Kanagawa . It consists of 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.
Quiksilver has another line of
apparel for women under the brand
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
Oaktree Capital Management as
the majority shareholder.
* 1 Corporate information
* 3 Roxy
* 4 See also
* 5 References
* 6 External links
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). It owned
Cleveland Golf up until 31 October 2007, when it
sold the company to a Japanese sporting goods company. In 2009
Quiksilver on its Bottom Rung list of companies most
likely to default on its debt.
Quiksilver also owns DC Shoes, a
skateboard shoe brand.
Co-founder and CEO of
Quiksilver Bob McKnight stepped down as CEO on
11 January 2013. McKnight then acted as Executive Chairman, until
retiring in October 2014.
Andy Mooney , who was formerly chairman of
Disney Consumer Products
Disney Consumer Products , served as CEO from 2013 to 2015. The
current CEO is Pierre Agnes.
Andy Mooney stepped down as the CEO of
Quiksilver and was replaced in
March 2015 by longtime
Quiksilver employee Pierre Agnes to restructure
As of 2013,
Quiksilver operated 834 stand-alone stores in major
cities across Australia, New Zealand and the Pacific,
Europe , North
South America ,
Africa At that time, there were two types
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 and other brands have suffered diminished sales. In
addition, the company operated a number of separate Roxy and
Quiksilver Youth stores.
As of 2013, the company lost financially for six years and initiated
a turnaround plan in an attempt to resolve this. In September 2015
the company filed for Chapter 11 bankruptcy . After emerging from
bankruptcy in early 2016, the company once again became privately held
Oaktree Capital Management
Oaktree Capital Management as the majority shareholder.
As of 2016, their current retail presence is significantly smaller
after restructuring by Oaktree.
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 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 and
The Roxy respectively), and
is also the name of the daughters of both CEO Bob McKnight and founder
Alan Green. About 30% of Quiksilver's sales come from the Roxy line.
Since inception, Roxy has grown to be the largest action sport
fashion apparel company for young women. 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, named Roxy Girl and Teenie Wahine.
In the Spring of 2013, the "
DVF loves Roxy" collection was released
as a one-time limited edition collaboration line of swim and beach
wear as well as accessories.
* USA portal
* Sports portal
Quiksilver Pro Gold Coast
Quiksilver Pro France
Quiksilver Big Wave Invitational
* ^ A B Connelly, Laylan (March 27, 2015). "Huntington Beach-based
Quiksilver replaces CEO with longtime company insider". The Orange
County Register . Retrieved 2015-03-27.
* ^ A B "Annual Reports / Investor Relations /
Quiksilver Inc /
Quiksilver Inc". Ir.quiksilver.com. Retrieved 2016-02-21.
* ^ "Global Boardsports Market". Companiesandmarkets.com. Archived
from the original on 4 March 2016. Retrieved 21 February 2016.
* ^ "
Quiksilver - About Us". Quiksilver. 2011. Retrieved
* ^ (In French) L\'Express (13 July 2000). "Surf La planche à
billet". Retrieved 2009-09-06.
* ^ "
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.
* ^ "
Cleveland Golf Unit". 31 October 2007.
* ^ McCracken, Jeffrey (10 March 2009). "
Moody's Aims to Be Ahead
The Wall Street Journal
The Wall Street Journal . p. C1.
* ^ "
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 co-founder and
longtime CEO steps down". The Orange County Register. Retrieved 3
* ^ Beilfuss, Lisa (March 27, 2015). "
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 Comeback: New Stores
Orange County Business Journal . 34 (24): 65. Of these 834
stores, 540 are owned by the company and the rest operate under
* ^ Pfeifer, Stuart (2013-06-17). "
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 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
* ^ 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:
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.