Quicksilver Acquires Rossignol

Fashionable sportswear brand Quiksilver has announced a deal to buy Rossignol Group, a French skiing gear and winter sports goods company, for about $320 million, or $25.50 per share. Quiksilver's acquisition of Rossignol is expected to create a force in sports fashion products ranging from apparel to equipment.

"We share the same passion for outdoor sports, and we have the same commitment to developing outstanding products," Quiksilver President Bernard Mariette says. The move mirrors a wave of consolidation rippling through the consumer-goods and retail industries.

www.Quiksilver.com
24 March 2005

Quicksilver in running for Rossignol

Californian clothing giant Quicksilver is in the running for Groupe Rossignol, the winter sports equipment company, as the latest candidate in
the sector's consolidation.

In an endeavour for the US group to expand its core surf and snowboard fashion business into the outdoor sports market it has approached the
French Alps-based family company after a string of small acquisitions which have helped to lift revenues by 30 per cent to USD1.27bn in the year
to October.

Rossignol, the biggest maker of ski and snowboard equipment with a quarter of the EUR1.57bn market, admitted receiving a letter from Quicksilver
outlining its interest in a merger. So far the 98-year-old French company has not agreed a deal.

www.Quiksilver.com
4 January 2005

Quiksilver store at Times Square

Boardriders brand Quiksilver has opened the doors of a store at Times Square in New York City in the middle of March. This latest Quiksilver Boardriders Club features 3,300 square feet of retail space with a 20-foot "wave wall" of video screens showing high-impact surfing, skating and snowboarding images.

The opening of the Times Square Quiksilver Boardriders Club marks the debut of the first boardriding retailer in Times Square -- a location that draws more than 30 million people per year.

Bernard Mariette, President of Quiksilver, said: "Our strategy here is the same as it was in Paris. With the opening of our Times Square store we continue to expand our reach. The success of our opening day surpassed the debut of our Champs Elysees store in 1998 and indicates that boardriding culture is no longer tied to geography."

"Seeing our business in the City grow since originally taking root in SoHo in 1998 is personally gratifying as a New York native myself," said Marty Samuels, President of Quiksilver U.S.A.'s Mens and Retail divisions.

www.Quiksilver.com
April 2, 2003

Quiksilver to open stores in China

Casual lifestyle brand Quiksilver announced on Monday that it has entered into a joint venture with Glorious Sun Enterprises, Ltd. for the opening of retail stores and wholesale distribution of its products in China.

The company noted that the joint venture's initial efforts would be focused on opening key retail locations in major retail markets such as Shanghai, Beijing and Hong Kong in order to secure a foothold in the market in advance of a wider distribution strategy. Initial plans call for the opening of 5-10 stores in the Shanghai market by late 2003 or early 2004. Nicolas Giannoli, formerly Chief Operating Officer of Quiksilver Europe, has relocated to Shanghai where he will act as Quiksilver's Managing Director of China.

Robert McKnight, Chairman and Chief Executive Officer of Quiksilver, Inc, said: "We are very excited about this initiative. China is increasingly linked to the global youth culture. Nearly 50 million Chinese households have access to MTV, and the internet and satellite television are quickly becoming more and more available. While the development of the board-riding culture is still in its infancy in this market, indoor snowparks and skate shops are beginning to show up in a number of high-profile locations. We believe that the time is right for our lifestyle message, and are confident that it will resonate strongly with young consumers in this strong and fast growing market."

www.Quiksilver.com
March 12, 2003

Quiksilver's Q1 profit doubles

US surfwear and sportswear company Quiksilver Inc, this week raised its profits and sales targets for 2003 after more than doubling first-quarter profits. The company is looking back at two years of strong growth, boosted by the buy back of licenses, new products and increased brand recognition in particular in Europe.

In the three months to 31 January, sales increased by 31 per cent to Euro 175 million with sales in the States rising 14 per cent and business in Europe growing by 19 per cent. The company now expects profits to rise by 20 per cent and turnover for the year ending 31 October 2003 to reach USD 890 million instead of the USD 705 million previously forecast.

March 11, 2003
www.Quiksilver.com

Quiksilver promotes top employees

On the heels of a bang-up year, Quiksilver Inc. has promoted several top employees. The Huntington Beach-based sportswear maker last week named Greg Ziegler chief operating officer, granting him a title to match duties he already was performing, a spokeswoman said.

The company also said it split financial responsibilities, promoting Bill Bussiere to co-chief financial officer of Quiksilver USA. Longtime CFO Steven Brink will keep his title, focusing on acquisitions, investor relations and global operations, a mushrooming part of the company's business.

Quiksilver's earnings quintupled to 12.2 million USD in its fiscal fourth quarter ended Oct. 31. For the year, earnings rose 34.2 per cent to 37.6 million USD. The company's stock has risen 49 per cent in the last year.

2/4/2003
www.Quiksilver.com

Quiksilver buys back licenses

Californian casual and sports apparel manufacturer Quiksilver recently announced plans to buy out its Australian and Japanese licensees. With the deal, worth approximately USD 93 million, the company plans to expand global control over its brand.
The buyout of the licensees -- Australia's Manufacturing Co. and Quiksilver Japan -- is the fifth acquisition since March 2000 for Quiksilver.

The acquisition announcement was accompanied by a sharp increase in revenue and earnings projections for next year. The revenue forecast increased from USD 770 million to at least USD 840 million, while the earnings projections moved from USD 1.71 per share to USD 1.79 a share.
The primary sellers of the licensees are the original co-founders of the brand, John Law and Alan Green. The pair will serve as advisers to Quiksilver and be among the company's largest shareholders.

November 26, 2002
www.Quiksilver.com

Quiksilver launches shoe collection

The US sportswear and board riding company Quiksilver, will launch a shoe collection for the summer 2003 season. The new collection, contains over 40 styles for men and women was shown at Munich-based sporting goods fair Ispo for the first time. The collection can also be seen at the German shoe exhibition GDS from 19 to 22 September.

The company that is based in Huntington Beach plans to reach sales of 20 million euro in the medium term, and sales in Europe to account for 20 to 25 per cent of total turnover. Quiksilver posted a turnover of 631.5 million euro and the current year forecasts total sales of $ 690 million. In Europe, where the company operates through its subsidiary in France, sales were 250 million euro in 2001 and increased by 29.4 per cent in the first half of 2002.

09-18-02
www.Quiksilver.com