Posted at 11:10 a.m., Thursday, September 6, 2007
Quiksilver planning new women's line
Advertiser StaffQuiksilver Inc., the surfwear maker whose shares are traded on the New York Stock Exchange, said it will debut a line aimed at the 18 to 24-year-old women's market in the fall of next year.
"The collection will be designed for the edgy, independent young woman who's creative approach to fashion appears effortless," added Bernard Mariette, President of Quiksilver, which also owns the Roxy line and has branched from surfing into other action sports.
"The product will be linked to the Quiksilver young men's brand but the overall feel will be very feminine, with an end result that is casual but chic."
Quiksilver also today announced it had a third-quarter net loss of $7.9 million, or 6 cents a share, as it took a charge of about $10.5 million related to its planned acquisition of a minority interest in its Roger Cleveland Golf Co. subsidiary.
Quiksilver reported third quarter revenue jumped 17 percent to $612.8 million from $525.9 million a year earlier.