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Cost-cutting continues at Quiksilver with Hawk Designs sale

14/01/2014

Quiksilver has sold the assets of its licensed apparel subsidiary, Hawk Designs, to a wholly-owned subsidiary of Cherokee for $19 million.  In December 2013, Quiksilver completed the sale of Mervin Manufacturing and announced its intention to pursue the divestiture and exit of other non-core businesses, including Hawk Designs, its majority stake...

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