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who owns quiksilver now

by Jason Bahringer Published 3 years ago Updated 3 years ago

Boardriders, Inc.

Is Quiksilver still in business?

In 2015, Pierre Agnes was promoted from president to CEO. Quiksilver emerged from bankruptcy in early 2016, and the company once again became privately held, with Oaktree Capital Management as the majority shareholder. By the end of 2016, their retail presence had significantly diminished after restructuring by Oaktree.

Who are the parent companies of Quicksilver?

In conjunction with their parent company, Talarius, they operate three high street brands across the UK, Quicksilver, Silvers and Winners, including eight at motorway service areas. [2]

Does Boardriders own Quiksilver?

Boardriders, Inc. currently owns these brands: Quiksilver, Roxy, DC Shoes, Billabong, Element, Von Zipper, RVCA, and XCEL. In 1990, Quiksilver launched its sister brand for young women, Roxy. The brand was shuttered after the 1991 surf industry crash, but revived by Bob McKnight and Danny Kwock in 1992, signing Lisa Andersen in 1993.

What is the history of the Quiksilver logo?

The Quiksilver brand's logo, designed in 1973 by founders Alan Green and John Law, was inspired by Japanese painter Hokusai 's woodcut, The Great Wave off Kanagawa. It depicts a large wave with a mountain on a red background.

Did Quicksilver go out of business?

In 2013, Quiksilver initiated a turnaround plan after suffering financial losses for six years. However, by 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.Feb 19, 2020

Is Quicksilver Australian owned?

In 1969 an Australian wetsuit maker by the name of Alan Green had an idea for boardshorts for surfers. In his base of Torquay-Victoria, Australia he made some, brought his friends on board to help, sold some of the shorts, and overnight had found out that surfers liked boardshorts.... And so Quiksilver was born.

What company owns Roxy?

QuiksilverRoxy / Parent organization

Is Quicksilver a public company?

The publicly traded company became a privately held company whose $800 million in debt was restructured by private-equity firm Oaktree Capital Management, now the company's majority shareholder. Under new ownership, the Huntington Beach, Calif.Mar 8, 2017

Who invented Quiksilver?

In 1969, Alan Green produced wetsuits with a $2500 loan from his father. Alan also launched a brand of sheepskin boots for surfers. 1973 In 1973, Quiksilver was born. Alan Green and John Law went into business so that they could make a living in Torquay, Victoria and go surfing.

Is Billabong Australian owned?

Billabong International Limited is an Australian company focused on surfing, primarily a clothing retailer that also produces accessories, such as watches and backpacks, and skateboard and snowboard products under other brand names.

Is Roxy still in business?

Roxy is now a global lifestyle brand, offering products for every aspect of the active girl's life.

Where is quicksilver made?

Quiksilver is an American clothing company founded in 1969 that specializes in functional clothing for surfing and related sports. The company has recently emerged from bankruptcy and primarily manufactures its clothes in China, Pakistan and India.

Where is Roxy manufactured?

Company Description: ROXY MANUFACTURING CC is located in KWA-ZULU NATAL, South Africa and is part of the Other Miscellaneous Manufacturing Industry.

Who played Quicksilver?

Instead of the version of the character who died in Avengers: Age of Ultron (played by Aaron Taylor-Johnson) we see Evan Peters, who famously played the character in 20th Century Fox's X-Men films, which exist outside the official Marvel Cinematic Universe — until now.May 2, 2021

What does Quiksilver mean?

Quicksilver is liquid, silver colored, and is fascinating to look at. The word comes from the sense of quick that means "alive;" the Latin root is argentum vivum, which is literally "living silver." Definitions of quicksilver.

Is Quicksilver a good brand?

As the most iconic surf brand that has pioneered generations of progression and innovation, Quiksilver has been delivering the best of the best to surfers everywhere since 1969.

Who owns Quiksilver?

The struggling company agreed to a buyout from its top shareholder, the US private equity group Oaktree Capital Management, which also owns Quiksilver’s parent, Boardriders.

Who owns Boardriders?

Boardriders, which is roughly 85% controlled by Oaktree, said its purchase would complement existing brands, allow for “deeper” partnerships with suppliers and would generate back-office savings.

Is Quiksilver going bankrupt?

Billabong’s online rival SurfStitch slipped into administration in April last year as it warned of difficult trading conditions in its key markets, including the UK. Quiksilver filed for bankruptcy protection in 2015 and was taken off the stockmarket by Oaktree in 2016.

When was Quiksilver first licensed?

1976 The first licensing of Quiksilver was to the States in 1976. Legendary surfer Jeff Hakman left Torquay with a Bells trophy and an agreement to distribute Quiksilver in the States. Along with Bob McKnight, he established Quiksilver USA.

Why is Quiksilver called Quiksilver?

The name Quiksilver is derived from the ancient alchemists’ term for the turning of base metals into gold. The goal of the company was the turning of good fabric into extra ordinary products. It was thought to be an appropriate name for the company’s products.

Where did the name “Quiksilver” come from?

Alan’s wife Barbara was reading a novel when she came across the word ‘quicksilver’ describing something as; elusive, liquid, mercurial, changing readily – and thought that sounded similar to what Alan was trying to do with the company.

What is the Quiksilver logo?

About the Company. The Quiksilver logo, a cresting wave and snow-capped mountain, has become a marque of excellence. Since 1969, Quiksilver has maintained its commitment to quality and performance, and taken this message around the world.

When did Quiksilver boardshorts become popular?

1975 The reputation of Quiksilver boardshorts quickly grew, and so did the demand. Soon Quiksilver was available all over Australia. All the top surfers throughout the 1970s wore Quiksilver boardshorts. Proof of the viability of Quiksilver's passionate approach can be found in its continued support of athletes, such as world professional surfing champion Kelly Slater, and women’s world professional surfing champion Lisa Andersen.

What was Quiksilver's Wave of Compassion?

The acquisition of DC Shoes is completed – DC Shoes is already a leading brand in the footwear market and at the end of an awesome year, Quiksilver leads the way with the ‘Wave of Compassion’ – an aid charity established to assist the victims of the Boxing Day Tsunami. The Wave of Compassion works within the local communities by sending Doctors, Nurses and medical equipment to communities in need.

When did Quiksilver launch Roxy?

Quiksilver launched ROXY in America in 1991 , initially with a range of swimwear. In 1992 the swim line was followed by the introduction of sportswear, denim and snow wear. 1993 In 1993 the ROXY logo, two Quiksilver logos mirrored to form a heart shape, was born, along with the ROXY signature girl's boardshort.

What is Quiksilver clothing?

While still sticking to the core roots of the mountain and the wave, Quiksilver has become recognized as the premium youth lifestyle and culture clothing brand within the action sports market. Quiksilver has an ever-changing array of materials, prints, and technologies.

What is Quiksilver's focus?

Local communities, including schools, churches and local charities through support and outreach programs; major special projects and organizations sharing our focus on children, education, science, oceans and the environment. For nearly three decades, Quiksilver has been a leader in providing charitable support that has enabled boardriders' communities around the world to benefit education, the environment, scientific research and a variety of related causes.

Is Quiksilver a charitable organization?

For years, Quiksilver has been actively engaged in charitable activities, both locally and globally. Quiksilver recognizes the concept of corporate social responsibility and benevolence. We want our philanthropic work to have impact beyond what we do as one company and believe that we can do this by coordinating the support of other organizations and individuals. The Boardriders Foundation was formed to bring all of Quiksilver's charitable giving under one umbrella. The Foundation commenced activities as a 501 (c) (3) private foundation in October of 2004.

Who owns Quicksilver?

Quicksilver is part of Talarius, which was owned by the Australian Tatts Group from 2008 until it was sold to Austrian company Novomatic in June 2016.

What is Quicksilver gambling?

Quicksilver is a British amusement arcade and gambling machine company. It is the UK's largest slot gambling machine operator, with over 200 high street outlets and about 10,000 gambling machines. Quicksilver describes itself as the "largest amusement business in the UK".

How many brands does Talarius have?

In conjunction with their parent company, Talarius, they operate three high street brands across the UK, Quicksilver, Silvers and Winners, including eight at motorway service areas.

Who owns Quiksilver shoes?

The acquisition is made through Boardriders, the firm owned by Oaktree that controls Quiksilver, Roxy, and DC Shoes. The new combined company gives birth to the world's leading action sports conglomerate with 630 retail stores in 26 countries, and global sales of around $2b.

What brands does Boardriders own?

Boardriders will now welcome brands like RVCA, Element, VonZipper, and Xcel to its portfolio.

When did Quiksilver leave the company?

His 1982 departure from the American company, however, made room for more ruthless business professionals to chart Quiksilver’s ascent to near-earth orbit—and its eventual, humiliating plummet.

Where did Quiksilver take off?

After Green returned to Australia, Quiksilver took off. Corporate lore tells of how McKnight had to sell their wares out of a Volkswagen bus and from a garage in Newport Beach that turned into their first headquarters. He took care of the money; Hakman focused on getting free gear to surfers.

How much debt did Quiksilver have in 2006?

But the brand has crashed mightily ever since, leading up to this past Sept. 9, when Quiksilver sought relief in a Delaware bankruptcy court from $826 million in debt owed to more than 30 creditors. According to filings, the company’s balance sheet had assets of just $337 million—less than half the total it owed.

When did Quiksilver go bankrupt?

That year also saw the company go through two rounds of layoffs. The following year, Slater shocked the surf world by leaving Quiksilver, who had sponsored him for nearly 25 years. By the time 2015 arrived, Quiksilver declared bankruptcy—and no one in surfing was surprised. Schumacher recalled getting “a little smirk on my face, a smile,” she says, “because I had tried so hard to get them to listen.”

What did the six surfers do at the Quiet Woman party?

The party that began at the Quiet Woman didn’t end there. The six surfers loaded up on beer, tequila and cigarettes; piled into a Lincoln Continental; and headed to Las Vegas. They took turns blasting across the Mojave Desert, daring one another to swerve onto highway berms and even crashing into an exit ramp while doing 90. Days later, when they regained a degree of sobriety back in Orange County, a more businesslike philosophy ensued.

When did Quiksilver sell Rossignol?

By 2008, according to one executive, fewer than a quarter of surf-product customers actually surfed. That’s the same year Quiksilver sold off Rossignol, with total losses in the $400 million range.

Who was propped up in a booth, surrounded by empty wine bottles?

Green was already slurring his words when the two arrived. With three buddies, the Quiksilver founder was “propped up in a booth, surrounded by empty wine bottles,” writer Phil Jarratt related two decades later. To Hakman and McKnight, the four Aussies were “all talking gibberish.”. But after half an hour, the Americans were talking gibberish, ...

When was Quiksilver founded?

Quiksilver was founded in Australia in 1969, but moved to the US, where it listed in 1986.

What are the brands of Billabong?

image caption. Billabong's brands include Von Zipper, Element and RVCA. Well-established in both skiing and skateboarding as well as surfing, the two companies will have a combined 630 shops in 28 countries, Boardriders said. Founded on the Gold Coast in 1973, Billabong listed on the Australian Stock Exchange in 2000.

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Overview

Recent corporate history

Quiksilver purchased 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). Quiksilver owned golf-equipment maker Cleveland Golf until 31 October 2007, when it sold the company to a Japanese sporting-goods company.
In 2009, Moody's included Quiksilver on its Bottom Rung list of companies most likely to default …

Roxy

In 1990, Quiksilver launched its sister brand for young women, Roxy. The brand was shuttered after the 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 …

Brand image

The Quiksilver brand's logo, designed in 1973 by founders Alan Green and John Law, was inspired by Japanese painter Hokusai's woodcut, The Great Wave off Kanagawa. It depicts a large wave with a mountain on a red background. Roxy's heart-shaped logo was created by duplicating and reflecting the Quiksilver logo and rotating both copies at a 45-degree angle.

See also

• Quiksilver Pro Gold Coast
• Quiksilver Pro France
• Quiksilver Big Wave Invitational

External links

• Official website
• Boardriders (parent corporation)
• Official website (Roxy)

Quiksilver History

  • Since it's beginnings in 1969, Quiksilver has combined function, fit, art and fashion to develop boardshorts and clothing for mountain and ocean lovers across the globe. While still sticking to the core roots of the mountain and the wave, Quiksilver has become recognized as the premium youth lifestyle and culture clothing brand within the action sp...
See more on quiksilver.com

The Boardriders Foundation

  • For years, Quiksilver has been actively engaged in charitable activities, both locally and globally. Quiksilver recognizes the concept of corporate social responsibility and benevolence. We want our philanthropic work to have impact beyond what we do as one company and believe that we can do this by coordinating the support of other organizations and individuals. The Boardriders …
See more on quiksilver.com

Our Vision

  • With offices in Europe, Australia and America, Quiksilver has the capability of touching people worldwide. Quiksilver has the vision of making a difference to community and environment through the Boardriders Foundation. The Boardriders Foundation has a commitment to improving the quality of all our lives.
See more on quiksilver.com

We Desire to Benefit

  • Local communities, including schools, churches and local charities through support and outreach programs; major special projects and organizations sharing our focus on children, education, science, oceans and the environment. For nearly three decades, Quiksilver has been a leader in providing charitable support that has enabled boardriders' communities around the world to ben…
See more on quiksilver.com

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