Posts tagged as quiksilver

  • Tuesday, January 14th 2014

    Quiksilver divests skateboard apparel business

    by Markus Huber

    Quiksilver is coming to terms with the plan to concentrate—as reported —on its core business and is selling its Tony Hawk brand of skateboard apparel. The label is named after skateboarder Tony Hawk and marketed through the Hawk Designs company which Quiksilver bought back in 2000. The buyer is Cherokee Inc., a company which offers […]

  • Friday, December 13th 2013

    Quiksilver records another year of loss

    by Markus Huber

    Shortly after outlining its new strategy to focus on its three core brands, Quiksilver, DC Shoes and Roxy, the American surf and skate company posted the figures for its fourth quarter and the full year 2012-13 ended Oct. 31. In Q4, turnover dropped by 10 percent to $475.9 million compared with the previous year’s period. […]

  • Wednesday, December 4th 2013

    Quiksilver continues divestments to enhance profitability

    by Markus Huber

    Shortly after selling off its snowboard producer, Mervin Manufacturing, Quiksilver has announced that it is divesting other business units as part of its multi-year profit improvement plan. The action sports company wants to focus on its three core brands Quiksilver, Roxy and DC Shoes, but is considering the sale of other divisions, notably Surfdome Shops […]

  • Thursday, October 24th 2013

    Quiksilver cleans up its portfolio

    by Markus Huber

    Quiksilver has agreed to divest itself of its Mervin Manufacturing operations which goes to Extreme Holdings. Mervin designs and produces snowboard equipment and markets, among others, the brands Gnu and Lib Tech. Annual sales are said to be around $32 million. Under a license agreement, Mervin will continue to manufacture snowboards for Quiksilver’s Roxy brand. […]

  • Friday, September 6th 2013

    Quiksilver posts significant drop in sales

    by Markus Huber

    Sales by Quiksilver group reached $496 million in its third quarter, down from $512 million in the previous year’s period. In constant currencies, the decline was 3 percent. In the Americas, turnover fell by 6 percent to $268 million, while sales soared by 6 percent to $164 million in the EMEA region. Asia Pacific was […]

  • Friday, June 7th 2013

    Quiksilver’s stock drowns after disappoiting second quarter

    by Markus Huber

    Yesterday, Quiksilver’s stock declined by more than 10 percent after the board sports company published its figures for the second quarter. The group posts a decline in sales by 7 percent to $458.7 million, while losses were as high as $32.4 million in the three months ending April 30. These losses have increased compared to […]

  • Friday, March 8th 2013

    Quiksilver posts slightly worse results


    Quiksilver reported a net loss of $31 million for its first quarter, ended Jan. 31. It was higher than the $23 million loss incurred in the same period a year ago, but the difference was mainly due to changes in foreign exchange rates. The gross margin rose slightly to 51.0 percent of sales, but net […]

  • Tuesday, March 5th 2013

    More management changes at Quiksilver


    The management reshuffle launched at the Quiksilver group after Andy Mooney’s appointment as president and chief executive continues this week. The company has just appointed Tom Hartge as global head of footwear and Kasey Mazzone as global head of supply chain. Hartge spent the last years as adviser of Patagonia but that came after nearly […]

  • Sunday, March 3rd 2013

    Quiksilver’s brands will get more focus


    Quiksilver and Roxy will exit the skate category, leaving the DC Shoes brand fully in charge. In turn, DC will exit the surf category. Quiksilver will get out of the women’s business instead of cannibalizing Roxy, and focus on men’s. These decisions were apparently made after a week-long executive meeting after Andy Mooney, the new […]

  • Monday, February 11th 2013

    U.S. surf industry dishes out awards


    The American Surf Industry Manufacturers Association (SIMA) has awarded prizes to Billabong, Hurley and the Quiksilver group. The latter’s Roxy brand got the SIMA Image Award for Best Marketing Campaign of the Year with a social media campaign, “Let the Sea Set You Free,” which has been rolled out globally through a new challenging contest, […]