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BUSINESS
October 4, 1990 | ANNE MICHAUD, TIMES STAFF WRITER
Positioning itself for the opening up of the European markets in two years, Quiksilver Inc. will purchase a French company that has the license to market its neon-colored surf wear and other beach-oriented products on the Continent, the companies said Wednesday. The Newport Beach maker of surf wear and related products said it has agreed to purchase Na Pali S.A., a privately held licensee for Quiksilver products in Europe, for $10.5 million.
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BUSINESS
October 4, 1990 | ANNE MICHAUD, TIMES STAFF WRITER
Positioning itself for the opening up of the European markets in two years, Quiksilver Inc. will purchase a French company that has the license to market its neon-colored surf wear and other beach-oriented products on the Continent, the companies said Wednesday. The Newport Beach maker of surf wear and related products said it has agreed to purchase Na Pali S.A., a privately held licensee for Quiksilver products in Europe, for $10.5 million.
BUSINESS
March 13, 1992
Surf- and skiwear maker Quiksilver Inc., hit by poor retail sales during the recession, reported a loss of $1.8 million, or 28 cents per share, in its 1992 first quarter ended Jan. 31. In the same period a year earlier, Quiksilver posted net earnings of $1.1 million, or 18 cents per share. The company reported revenue of $18 million in the quarter, up from $15.9 million a year earlier. Current fiscal first-quarter revenue, however, includes $5.4 million in sales from Na Pali S.A.
BUSINESS
June 11, 1991
Quiksilver Inc., the Newport Beach-based surf wear maker, reported Monday that its sales increased in the second quarter now that it has acquired a European subsidiary, but net sales and earnings were down compared to the same period last year. Consolidated net sales were $35.5 million for the quarter ended April 30, up 19% from $29.8 million last year. But net sales for the quarter, excluding the sales of the company's French-based Na Pali S.A.
BUSINESS
January 24, 1992 | CHRIS WOODYARD
At Quiksilver, hardly anyone ever wears a tie. As one of the county's top surf wear licensing and manufacturing companies, the employees tend to dress in the company's casual beachfront look. The Costa Mesa-based company with the oddly spelled name has gradually expanded from making strictly gear for surfing and water sports to apparel that is appealing to other customers, as well. Its California-inspired look is making inroads in the Midwest.
BUSINESS
December 19, 1991 | From a Times Staff Writer
Quiksilver Inc., a supplier of casual clothes, Wednesday reported earnings of $6.4 million, or $1.02 a share, for its fiscal year ended Oct. 31. It had earnings last year of $9.5 million, or $1.50 a share. Sales for the year were $97.1 million, up 6.5% from last year's $91.2 million. The company blamed "the continuing soft retail environment" and delays in deliveries for its lower profits and for its decline in domestic sales.
BUSINESS
February 27, 1991 | CHRIS WOODYARD, TIMES STAFF WRITER
Quiksilver Inc., the major beachwear and casual clothing designer, on Tuesday reported lower first-quarter earnings and sales and blamed the decline on production delays and the recession. The Newport Beach firm also said it has completed its acquisition of Na Pali S.A., a privately held French licensee of Quiksilver products. The company hopes to expand its European sales through the acquisition. Earnings for the quarter ended Jan. 31 were $1.1 million, down 21% from $1.
BUSINESS
June 10, 1992 | CHRIS WOODYARD, TIMES STAFF WRITER
Quiksilver Inc., one of California's larger designers and marketers of surf wear, reported Tuesday that it returned to profitability in its latest fiscal quarter. Analysts said the company's performance exceeded expectations. The company, based in Costa Mesa, said it earned $1.5 million, or 23 cents a share, for its second fiscal quarter, which ended April 30. That was off 55% from a profit of $3.3 million, or 52 cents a share, for the same three-month period a year earlier. Sales totaled $28.
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