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Quiksilver, Inc. Announces Mexican Joint Venture.

Publication: Business Wire
Publication Date: 29-NOV-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
HUNTINGTON BEACH, Calif. -- Quiksilver, Inc. (NYSE: ZQK) today announced that it has created a joint venture with PBM International to market, sell and distribute "Quiksilver" and "Roxy" branded products in Mexico. The joint venture will be responsible for establishing a Mexican distribution network of company-owned retail stores as well as a wholesale business that will include licensed retail stores, large key accounts and small independent retailers.

This venture furthers Quiksilver, Inc.'s strategy to own and operate its business in key territories. Quiksilver, Inc. believes that the Mexican market, which includes popular high-end surfing and travel destinations in a number of coastal cities in Baja and mainland Mexico, is highly attractive and that the "Quiksilver" and "Roxy" brands will resonate well with consumers in this market. PBM International is a leading branded and...

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