Profile: Quiksilver Inc (ZQK.N)
Quiksilver, Inc., incorporated on October 24, 1986, is a diversified company that designs, develops and distributes branded apparel, footwear, accessories and related products, catering to the casual, youth lifestyle associated with the sports of surfing, skateboarding and snowboarding. It markets products across three core brands: Quiksilver, Roxy and DC, as well as several smaller brands. Its products are sold in over 90 countries through a range of distribution points, including wholesale accounts surf shops, skate shops, snow shops, specialty stores, and select department stores, 829 owned or licensed Company retail stores, and via its e-commerce websites. The Company operates in four operating segments: the Americas, Europe, Asia/Pacific and Corporate Operations. The Company derives its revenue from apparel, footwear, and accessories and related products. During fiscal year ended October 31, 2012 (fiscal 2012), more than 60% of its revenue was generated outside of the United States. In January 2014, Quiksilver Inc sold all of the assets of its licensed apparel subsidiary, Hawk Designs Inc to a wholly owned subsidiary of Cherokee Inc.
The Company’s Americas segment, consisting of North, South and Central America, includes revenues primarily from the U.S., Canada, Brazil and Mexico. The European segment includes Europe, the Middle East and Africa, consisting of Europe, the Middle East and Africa, includes revenues primarily from continental Europe, the United Kingdom, and South Africa. The Asia/Pacific segment consisting of Australia, New Zealand, and Asia, includes revenues primarily from Australia, Japan, New Zealand and Indonesia.
The Company has grown its Quiksilver brand from its origins in 1976 as a line of boardshorts to include a full range of products for men, women and children inspired by surfing and boardriding sports.
The Company has grown its DC brand, which the Company acquired in 2004, from its origins as a line of technical skateboarding shoes to include a full range of products for men, women and children inspired by skateboarding, motocross, BMX, rally car and snowboarding.
The Company’s Roxy brand, introduced in 1991, includes a full range of products for young women and children inspired by surfing, beach and boardriding sports.
The Company has also developed or acquired several other brands, including, but not limited to, Hawk, a Tony Hawk-inspired line targeted at the skateboarding market, Lib Technologies and Gnu, which are targeted at the snowboarding market, and several small surf-inspired brands.
The Company competes with Nike, VF Corp., PPR, Vans, Reebok, North Face, Billabong, Hurley, Rip Curl, Volcom, Etnies, and Tom’s Shoes,
15202 Graham Street
HUNTINGTON BEACH CA 92649