Home / Knowledge / News / Fashion / Branded apparel maker Quiksilver completes acquisition of Rossignol

Branded apparel maker Quiksilver completes acquisition of Rossignol

Jul '05
Clothing & accessories producer Quiksilver Inc announced it has successfully completed its previously announced acquisition of Skis Rossignol S.A., the world leader in alpine ski equipment.

Quiksilver now owns directly or indirectly approximately 94% of Rossignol, with over 95% of the voting rights, and anticipates acquiring additional shares through a second tender offer period that opened yesterday, which would be followed by a mandatory squeeze out if an additional 1% is acquired.

Rossignol owns and operates a diversified portfolio of premier brands including Rossignol, Dynastar, Lange and Look in winter sports, as well as Cleveland Golf. Rossignol's revenues totaled approximately $589 million for the twelve months ended March 31, 2005.

The combination of Quiksilver and Rossignol creates a global leader in the outdoor sports market, generating annual sales of apparel, wintersports equipment, golf equipment, shoes and accessories totaling approximately $2 billion on a pro forma basis for the twelve months ended April 30, 2005.

Quiksilver continues to believe that the acquisition will be accretive to earnings per share by approximately $0.02 to $0.03 in its fiscal year ending October 31, 2005.

Robert B. McKnight Jr., Chairman of the Board and Chief Executive Officer of Quiksilver Inc, commented, "This is an incredibly exciting day for both Quiksilver and Rossignol."

They have joined together a stable of strong, authentic, lifestyle brands that extend across multiple product categories in the outdoor market and reach millions of consumers around the world. Rossignol has been a leading alpine brand for decades and benefits from a tremendous heritage.

Must ReadView All


Textiles | On 22nd Apr 2021

ECOS urges EC to apply ecodesign principles to textile products

The international NGO Environmental Coalition on Standards (ECOS) has ...

Pic: Salvatore Ferragamo

Apparel/Garments | On 22nd Apr 2021

Salvatore Ferragamo launches new platform to discuss sustainability

Italian luxury goods company Salvatore Ferragamo has launched...

Pic: Lululemon

Apparel/Garments | On 22nd Apr 2021

Canadian retailer Lululemon announces sustainability initiatives

Canada-based Lululemon Athletica has announced 2 new initiatives that ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Verticals like fast fashion won’t completely adopt personalisation on...

Textile Industry, Head honchos

Textile Industry
Head honchos

Indian apparel industry looks poised for slow death

Textile Industry, Head honchos

Textile Industry
Head honchos

Virtual reality would be the new normal

Dhirubhai & Arvind Shah,

Dhirubhai & Arvind Shah

It supplies synthetic fabrics to top international brands like M&S,...

Kriti Kanodia,

Kriti Kanodia

A TV show in 2012 where actor Sonam Kapoor <g...

Himanshu Fogla,

Himanshu Fogla

Jumac, pioneers in spinning can manufacturing in India, was founded in...

Silverio Baranzano, Fitesa

Silverio Baranzano

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

April 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search