Quiksilver
 |
|
| Private | |
| Traded as | (none) Formerly OTC Pink: and : ZQK |
| Founded |
Torquay, Australia (1969) |
| Founder | Alan Green and John Law |
| Headquarters | Huntington Beach, California, United States |
|
Key people
|
Pierre Agnes (CEO) |
| Products | Apparel, Sporting goods |
| Revenue |
 US$1.81 billion (2013) |
|
US$82.3 million (2013) |
|
|
Number of employees
|
7,875 |
| Divisions | Roxy |
| Subsidiaries | DC Shoes |
| Website | Quiksilver |
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. 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. 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 as the majority shareholder.
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). It owned golf-equipment maker Cleveland Golf up 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 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, served as CEO from 2013 to 2015. The current CEO is Pierre Agnes.
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