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Business

Oaktree may buy Quiksilver out of bankruptcy

While surf brand Quiksilver is attempting to turn things around since their filing for bankruptcy, Oaktree Capital is looking to step in. The Los Angeles-based investment firm is seemingly settling up to buy Quiksilver Inc. out of bankruptcy. Quiksilver filed with the U.S. Bankruptcy Court in September due to the retailer’s outstanding debts. In...

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President Pierre Agnes promoted as CEO at Quiksilver

Quiksilver promoted its President Pierre Agnes to the position of Chief Executive Officer (CEO) and added Agnes to its Board of Directors. He succeeds Andy Mooney who is no longer with the company. In addition, Greg Healy, Quiksilver's APAC Region President, has been promoted to President of the company, and Bob McKnight has been appointed new...

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