Turnover: 2 billion USD (2022)

Country: Australia

Quiksilver is an Australian manufacturer and distributor of sporting goods. It specializes in board sports. It was founded in 1969. Its headquarters are in Huntington Beach, USA. It has an international presence and was initially presented as the surfers' brand.

In 2017, Quiksilver changed its identity to Boardriders, a group also comprising Roxy and DC Shoes, to enable the brand to be more explicit about all the boardriding activities in which it participates. The brand acquired its competitor Bilabong.

In 2019, the group carried out a global reorganization and cut 194 jobs in France.

Its European headquarters are in Saint-Jean-de-Luz.

News

Fashion: Breton Beaumanoir ready to buy Quiksilver 23/02/2024

  • - Negotiations between Beaumanoir and Authentic Brands Group for the acquisition of Boardriders' European assets
  • - Iconic Boardriders brands: Quiksilver, Billabong, Roxy, DC Shoes, Element, RVCA.
  • - Authentic Brands Group's acquisition of Boardriders took place six months before the negotiations were announced
  • - The Authentic Brands Group portfolio encompasses around 50 brands with sales of $29 billion.
  • - Authentic Brands Group acquired Boardriders from Oaktree Capital Management
  • - More than 130 jobs lost in France as a result of the change of ownership, including 73 at the Saint-Jean-de-Luz headquarters and 63 in Hossegor.
  • - Boardriders' sales at the time of restructuring were $1.9 billion, 40% of which were generated in Europe.
  • - Beaumanoir's sales are 2.2 billion euros and the company employs 14,000 people
  • - Beaumanoir has acquired La Halle, Caroll (in 2021) and Sarenza.
  • - The ready-to-wear market has declined by 10% in value since 2013.

Quiksilver, Roxy and Billabong brands on sale 18/04/2023

  • U.S. giant Authentic Brand in exclusive talks to acquire Boardriders group activities
  • Quiksilver-Billabong sales: over 2 billion euros
  • Global reach: 630 direct stores, 7,000 retailers, websites in 35 countries
  • Authentic Brands Group sales: $25 billion in over 150 countries
  • Authentic Brands Group network: 11,000 independent stores and shop-in-shops, 380,000 points of sale
  • Completion of Authentic's acquisition of Boardriders: scheduled for Q3 2023

Financial Data

DUNS: 331377036

Legal Name: NA PALI

Address: 162 RUE BELHARRA , 64500 SAINT-JEAN-DE-LUZ

Number of employees: Entre 500 et 999 salariés (2021)

Capital: 74 824 369 EUR


Financial Data:

Year 2022 2021 2020 2019 2018 2017 2016 2015
Turnover 308 877 119 253 558 977 214 281 166 253 393 544 208 987 806 210 908 240 206 630 776 206 610 649
Gross margin (€) 246 163 056 212 269 932 153 661 903 178 052 632 132 378 784 181 916 022 159 389 171 -
EBITDA (€) -56 883 045 -81 777 048 -62 650 075 -72 112 627 -40 455 338 -105 911 107 -121 397 624 -
Operating profit (€) -950 981 -14 331 931 -37 640 829 -30 062 136 -7 372 615 -10 317 653 -42 771 315 -
Net profit (€) -4 490 978 -18 677 609 -28 853 114 -38 204 909 49 872 963 -25 256 746 -22 188 121 -49 501 417
Turnover growth rate (%) 21,8 18,3 -15,4 21,2 -0,9 2,1 - -
Ebitda margin rate (%) -18,4 -32,3 -29,2 -28,5 -19,4 -50,2 -58,8 -
Operating margin rate (%) -0,3 -5,7 -17,6 -11,9 -3,5 -4,9 -20,7 -
Working Capital (turnover days) -31 -36,4 -44 8 37,8 -17,7 27 -
Working Capital requirements (turnover days) 23,8 31,1 36,7 40,9 -6,4 31,9 37,3 -
Net margin (%) -1,5 -7,4 -13,5 -15,1 23,9 -12 -10,7 -
Added value / Turnover (%) 2,4 -3,4 -4,7 -3,2 4 -24,4 -35,2 -
Wages and social charges (€) 45 199 295 48 071 808 44 481 398 48 900 519 38 853 551 45 005 095 38 434 266 -
Salaries / Turnover (%) 14,6 19 20,8 19,3 18,6 21,3 18,6 -

Company Managers:

Position First Name Last Name Age Linkedin
Directeur général Nicolas Foulet 47

Studies mentioning this company

The surfboard market - France

Other companies mentioned:

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