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
The company's logo, designed by founder Alan Green and John Law in
1973, was inspired by Japanese painter Hokusai's woodcut The Great
Wave off Kanagawa. It depicts a large wave with a mountain on a red
The company also produces a line of apparel for young women, under the
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
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.
1 Corporate information
4 See also
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. Quiksilver
also owns DC Shoes, a skateboard shoe brand.
Quiksilver on its Bottom Rung list of
companies most likely to default on its debt.
Co-founder and CEO of
Quiksilver Bob McKnight stepped down as CEO on
11 January 2013. He then acted as Executive Chairman, until retiring
in October 2014. Andy Mooney, who was formerly chairman of Disney
Consumer Products, served as CEO from 2013 to 2015. The current
CEO is Pierre Agnes.
Mooney stepped down as the CEO of
Quiksilver and was replaced in March
2015 by longtime
Quiksilver employee Pierre Agnes to restructure the
As of 2013,
Quiksilver operated 834 stand-alone stores in major
cities across Australia, New Zealand and the Pacific, Europe, North
and South America,
Asia and 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
Oaktree Capital Management
Oaktree Capital Management as the majority shareholder.
As of 2016, their current retail presence is significantly smaller
after restructuring by Oaktree.
The company name was changed to Boardriders in March 2017, which
became the owner of the Quiksilver, Roxy and
DC Shoes brands. It is
under negotiations to purchase the Billabong company in 2018.
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.
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
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, 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.
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. 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 - About Us". Quiksilver. 2011. Retrieved
^ (In French) L'Express (13 July 2000). "Surf La planche à billet".
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. Retrieved
^ McCracken, Jeffrey (10 March 2009). "
Moody's Aims to Be Ahead on
Defaults". The Wall Street Journal. p. C1.
Quiksilver Executive Chairman Bob McKnight To Retire; Pierre Agnes
Appointed President Transworld Business". Business.transworld.net.
^ 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
Planned". 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.
^ a b Connelly, Laylan. "Quiksilver, free from bankruptcy, talks booze
and boardshorts". The Orange County Register. Retrieved
^ Masunaga, Samantha (January 4, 2018). "Huntington Beach-based
Boardriders acquires Billabong". Los Angeles Times. Retrieved 8
^ Hanbury, Mary (January 30, 2018). "Quiksilver's CEO has mysteriously
disappeared off the coast of France". Business Insider. Retrieved 30
^ 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 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.
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