Quiksilver High Level Completed Exchange Pfusion Is Not Good Enough To Be Sold.

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Xiaobian network to introduce to you is Quiksilver high level to complete the big exchange pfusion benefit is not good is asked to sell.

Recently, its Quiksilver, Quiksilver, Roxy, DC and several other extreme brands, announced that the management of the company will be formally replaced.

Andy Mooney was appointed as the new chief executive in January 2013. With the completion of the handover, the original co founder, Bob McKnigh, will officially retire in October 31, 2014, but will continue to retain the board position.

In addition, Andy Mooney was elected chairman of the board of directors of Quiksilver, Pierre Agne as president.

The above appointments will take effect from November 1st.

"I believe that now is the best time for me to withdraw from management, and the ability of Andy and his team is beyond doubt. I hope that in the days to come, I will continue to help the company as a member of the board."

McKnight said with deep concern, "as one of the major shareholders of the company, I fully support Andy's election as chairman of the board and I am also pleased to see Pierre as president.

They are the perfect combination of the future of the company. "

For Quiksilver, Inc. company, though the leadership has successfully completed the pition, but over the past year

Investors are not satisfied. Recently, more aggressive investors proposed to sell the company.

A Ryan Drexler investor and its investment company Consac LLC sent a letter to the Quiksilver Inc. board, urging the latter to consider selling the company through auction.

He believes that the revival plan of Quiksilver Inc. in the past 17 months has been a "losing battle": the company's stock price has plunged more than 80% this year. The first three quarters, after the impairment loss, recorded a loss of 42 million 200 thousand US dollars, far exceeding the 11 million 400 thousand US dollars in the same period last year.

Quiksilver Inc. launched a series of improved profit plans in December last year, including the sale of skiing Brand Company Mervin Manufacturing Inc. for 58 million US dollars, the acquisition of the remaining shares of South American Mexico and Brazil subsidiaries, and the complete holding and divestiture of non core businesses to focus on the three core brands and the establishment of 60 million euros credit.

However, in the three quarter ended July 31st, Quiksilver Inc. still had a net loss of $220 million 100 thousand, a loss of 1.29 US dollars per share, and revenue fell 18.9% to $395 million 700 thousand, of which three core brands of Quiksilver, Roxy and DC were shrunk 17%, 9% and 34% compared with the same period last year.

Share and profit. "