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Quiksilver files for Ch.11

 Poster: A snowHead
Poster: A snowHead
Sports clothing and other knicknack retaler Quiksilver has filed for Ch.11 bankrupcy protection in the USA.

here: http://www.wsj.com/articles/surfwear-retailer-quiksilver-files-for-bankruptcy-protection-1441801199
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 Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
Apparently Quiksilver haven't turned a profit for 8 years or so. Hopefully this won't affect their sponsorship programmes too much - Most of the womens UK ski and snowboard team members are sponsored by Roxy these days.
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 Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
Interesting. I'd guess like TNF etc these are brands which are more regularly bought and sold than we may think.
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 You need to Login to know who's really who.
You need to Login to know who's really who.
Indeed - Quik sold off Mervin Manufacturing and its subsidiary brands a couple of years ago; so Gnu, Lib Tech and Bent Metal aren't affected. Mervin are still putting together Roxy branded boards these days too, but the Roxy brand stayed with Quiksilver.
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 Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
Interestingly the company taking over did a similar thing with Billabong not that long ago... And two directors of Billabong had to resign a couple of days back (they're with that company - Oaktree Capital Management) due to a conflict of interest. Clearly this is why.
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 You'll need to Register first of course.
You'll need to Register first of course.
All very interesting - but this is the US Quik rather than the European one. I know DC Shoes were keeping Quik afloat for years (Quik bought it from Ken Block in 2004) but they've equally lost traction in recent years, still feel too many of these brands exist...
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