Huntington Beach surf apparel company Quiksilver Inc. said it sold its snowboard subsidiary, Mervin Manufacturing, for $58 million and plans to sell other non-core businesses as it refocuses its strategy on its top-selling brands.
Quiksilver Chief Executive Andy Mooney said the downsizing will enable the company to concentrate on its three core brands — Quiksilver, Roxy and DC Shoes. He said the planned unloading … More
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