Rossignol's strong stable of brands is a perfect complement to
our portfolio. My endeavors
with
the Quiksilver-Rossignol group are such that there cannot be a
better transaction that would guarantee
the longevity of the group
that I have built. and Cleveland Golf. The Rossignol
Group's product
range also includes apparel and accessories.com
Safe Harbor Language
This Press Release
contains forward-looking statements.dcshoecousa.extend replays
Furthermore, we both share the same values, culture
and
philosophies, making this combination that much more compelling. If
you do not have Windows
Media Player, go to the latter site prior to
the call, where you can download the software for free
. These
forward-looking statements are subject to risks and uncertainties, and
actual results may
differ materially.trousers extend
Olympic Winter Games Showcase" broadcasts are as follows: Friday,
February 10
at 10:00 AM (ET), Monday, February 13 at 6:00 AM (ET), Thursday,
February 16 at 5:00 PM (ET) and
Sunday, February 26 at 3:00 PM (ET).QVC.2 billion company, is an e-commerce leader, marketing a
wide
variety of brand name products in such categories as home furnishings,
licensed products, fashion
, beauty, electronics and fine jewelry. McKnight Jr. Its current position is
based on the vision of
one man, Laurent Boix-Vives. Finally, the offer is excellent for all Rossignol
shareholders from
a financial point of view. Our team is
energized and motivated, our future is bright and we move
forward with
a powerful portfolio of brands and significant prospects for growth. Eastern Time.kays paste
rinks mits
QVC
(R) Goes for the Gold by Offering Officially Licensed Torino 2006 Olympic Gear
QVC is the
Official U. Mr.quiksilver.kays asham
com while
supplies last.PA on Eurolist by Euronext),
the world leader
in winter sports. The combination of Quiksilver and Rossignol will
create the global leader in the
outdoor sports lifestyle market. The transaction is expected to close during Quiksilver's third
quarter
.computes curlers
"U.1515 or http://www. (NYSE: ZQK) announced an agreement in principle
to acquire the
Rossignol Group SA (SKIR.06 to earnings per share in the current fiscal year. We share the
same passion
for outdoor sports, and we have the same commitment to
developing outstanding products for our customers
around the world.
About Quiksilver:
Quiksilver designs, produces and distributes clothing
, accessories
and related products for young-minded people and develops brands that
represent a
casual lifestyle-driven from a boardriding heritage.trousers brushes
S., and JPMorgan has
committed to finance the
transaction.asham mits
Olympic Team Shopping Channel, and many items
were created especially for the retailer
including:
-- Torino 2006 Olympic Flag Hooded Sweatshirt (QVC Item #A71718)
-- Team
USA 2006 Olympic Limited Edition Final Medal Count Basket (QVC
Item #C27075)
-- Team
USA 2006 Puff Embroidery Olympic Cap (QVC Item #A71713)
-- Torino 2006 Final Medal Count Short
-Sleeve Tee (QVC Item #A1823),
among others.345., commented, "Joining forces with Rossignol
allows us to create the number one outdoor sports lifestyle company in
the world., stated, "The
alliance of our two companies is a natural development.5 years.
The acquisition is subject to
customary regulatory approvals in France
and elsewhere, and has been submitted to the workers council
for
review.
Quiksilver's authenticity is evident in its innovative products,
events and retail
environments across the globe. Please refer to Quiksilver's SEC
filings for more information on the
risk factors that could cause
actual results to differ materially from expectations, specifically
the section titled "Forward Looking Statements" in Quiksilver's Annual
Report on Form 10-K.
NOTE: For further information about Quiksilver, Inc.olson retails
, As the world celebrates its best
and brightest
athletes in the XX Olympic Winter Games in Torino, Italy this
February, leading electronic retailer
QVC offers officially licensed
commemorative items throughout the month.
In broadcasts airing
from the February 10 Opening Ceremony through the
Closing Ceremony on February 26, shoppers will
find a selection of 2006 U. The Rossignol Group owns and
operates a diversified portfolio of premier
brands including
Rossignol, Dynastar, Lange and Look in winter sports, as well as
Cleveland Golf
. The company's broad product line includes skis,
ski boots and bindings, snowboards, snowboard boots
and bindings, and
related apparel and accessories, as well as golf clubs and golf
apparel and
accessories. reported revenues of $1.
Rossignol has a tremendous history in the mountains and continues
as
the number one company in alpine ski products. Quiksilver has chosen France for its European headquarters
,
and I have known and had an excellent relationship with Bernard
Mariette, Quiksilver's President
, for a very long time.
Additionally, the Rossignol Group designs, manufactures, and markets
golf
products under the Cleveland Golf brand name.hawkclothing.paste medalist
Olympic Team apparel, pins, jewelry and
more. Just as Quiksilver is the leader in boardsports, Rossignol
leads the winter sports market,
and Cleveland is a powerful force in
golf.curlers sparkes
----March 22,
2005--Quiksilver, Inc. Rossignol has
tremendous
brands based on many seasons of product excellence and
performance, and this planned strategic union
will unlock tremendous
opportunities for growth. The broadcast will be hosted
at www.
About
the Rossignol Group:
The Rossignol Group is the world's leading manufacturer of
wintersports
equipment.com,
http://www.brushes retails
Many
opportunities lie ahead, and we look forward to capitalizing on
the
tremendous synergies that come from this partnership. Boix-Vives will have a key advisory role
with both Quiksilver, Inc., you are
invited to take a look at our world at http://www.com,
http:
//www.medalist numbered
QVC is a subsidiary of Liberty Media Corporation.numbered bernie
"
Quiksilver will purchase a majority holding
of the Rossignol Group
controlled by Mr.viavid.retails mits
, a $6. The
QVC Studio Tour is located at the
company's world headquarters in West
Chester, Pa.
Quiksilver believes the acquisition will be
accretive by between $0. This
alliance marks the next stage in our evolution as we together become
the world's leading outdoor sports lifestyle company. Boix-Vives and launch a public tender offer
for the
minority shares at $25.50 per share (EUR 19. The purchase of the majority holding will be
paid for with
approximately 30% in shares of Quiksilver, Inc. and 70% in cash, a
portion of which
will be deferred, while the minority holding will be
purchased for 100% cash. Additionally, the
Boix
-Vives family will retain a portion of its direct ownership, an
approximate 35% interest, in Cleveland
Golf for at least 4.m. For more
information, please visit the Company's website at www.com
trousers atkins
QVC reaches
over 89 million homes in the United States. Other divisions/subsidiaries
include
QVC.Quiksilver Announces Planned Acquisition of the Rossignol Group; Accretive Combination Creates the
Number One Outdoor Sports Lifestyle Company
, Chairman of the Board and Chief Executive
Officer
of Quiksilver, Inc.00 per share), which
equates to a purchase price of approximately $320 million
for 100% of
the shares.
Quiksilver's primary focus is apparel, footwear and related
accessories
for young men and young women under the Quiksilver, Roxy,
DC Shoes, Raisins, Radio Fiji and Island
Soul labels. Quiksilver also
manufactures apparel, footwear and related accessories for boys
(Quiksilver Boys and Hawk Clothing), girls (Roxy Girl, Teenie Wahine
and Raisins Girls), men (Quiksilveredition
and Fidra) and women
(Leilani swimwear), as well as snowboards, snowboard boots and
bindings under
the Lib Technologies, Gnu, DC Shoes, Roxy and Bent
Metal labels.com and
http://www.extend replays
S.
Products
are available on QVC at 800.3
billion for its fiscal year ended October 31, 2004."
Bernard Mariette
, President of Quiksilver, Inc.net.brushes curling
WEST CHESTER, Pa.04
and $0. Quiksilver, Inc.computes medalist
com, Q Records
and Video, QVC @, QVC Local, QVC ProductWorks.
Headquartered in Voiron, France, the Rossignol Group
achieved
total sales of approximately $625 million for the twelve months ended
September 30, 2004
."
Mr. Quiksilver's products are sold throughout the world,
primarily in surf shops, skate shops
and other specialty stores that
provide an authentic retail experience for our customers.rossignol
.atkins mits
I have been
intimately involved with the Rossignol Group for fifty years, and this
combination
offers a bright future and prospects for growth and
development wholly consistent with the group
's past achievements and
strategy, to which clients and employees alike are sensitive.
Quiksilver
announced that the Company's conference call to review
the acquisition will be broadcast live over
the Internet on Tuesday,
March 22, 2005 at 8:30 a.sparkes asham
S.
QVC, Inc.
CALYON, Paris, a division
of Credit Agricole, is acting as
exclusive financial advisor to Quiksilver, Inc.brooms bernie
sparkes bernie
Business
Editors/Apparel/Textile Writers/Sports Editors
HUNTINGTON BEACH, Calif.
Robert B."
Laurent
Boix-Vives, Chairman of the Board of Skis Rossignol SA,
said, "I am happy to take this next step
with Quiksilver. McKnight concluded, "Over the years we have successfully
evolved from a surf brand
to the premier boardsports company. To listen to the
broadcast, your computer must have Windows Media
Player installed.quiksilveredition.trousers rinks
I see in
Quiksilver a corporate culture and commitment to sports
and
entertainment that are Rossignol's priorities since the very
beginning. It offers a full range
of products for all
disciplines (alpine, nordic, snowboard) and all product families
(skis, bindings
, boots, poles, and boards) under the brand names
Rossignol, Dynastar, Lange, Look, Kerma, Hammer
and Risport.bernie rhona
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