Quiksilver to relocate operations

07/09/2005

Quiksilver, Inc. has announced that it will establish a new, state-of-the-art Mountain Centre in Park City, Utah to unify the operations of its winter sports businesses and advance the position of its lifestyle brands. The facility will house the US headquarters for Rossignol and Dynastar, which are currently located in Burlington, Vermont, as well as some operations of Quiksilver's existing snowboard businesses in Washington State.

The new Park City facility will for the first time combine all US operations of Rossignol, Dynastar, Lange and Look. It will also house US operations for the newly-announced Roxy ski business - in collaboration with Dynastar - to make a full line of alpine ski products targeted at young women. In addition, a variety of functions for the company's Lib Technologies, Gnu and Bent Metal snowboard brands will be based at the Mountain Centre.

The company will also establish a distribution facility in the nearby Greater Salt Lake City area that will serve the American territory for mountain-related products. Many of Rossignol's administrative functions such as treasury, human resources and legal will be consolidated with Quiksilver's existing infrastructure in Huntington Beach. The company noted that it will retain some presence both in Vermont and Washington State.

Quiksilver designs, produces and distributes a diversified mix of branded apparel, winter sports and golf equipment, footwear, accessories and related products.