All Boardriders articles

  • Arne Arens - Boardriders
    News briefs

    Arne Arens will steer Boardriders

    2021-02-04T16:34:00Z

    On March 1, Arne Arens , the Swedish manager who led The North Face in Europe, the Americas and globally between 2010 and last October, will become the new CEO of Boardriders , the struggling parent company of Quiksilver, Roxy, Billabong, DC Shoes, RVCA, Element and Von Zipper ...

  • Article

    Boardriders’ recapitalization runs into rough waters

    2020-10-15T15:52:00Z

    A recent new debt offering of $155 million issued by Boardriders to Oaktree Capital Management and other lenders is being challenged by a group of previous lenders who see their rights subordinated in the new deal, which establishes collateral rights for them with regard to their previous debt ...

  • News briefs

    New super loan leads S&P to upgrade Boardriders’ credit rating

    2020-09-25T16:59:00Z

    Shortly after downgrading Boardriders ’ credit rating, Standard Poor’s upgraded it slightly from SD to CCC as the parent company of Quiksilver , Billabong , Roxy and other action sports brands completed a new transaction with its lenders. It notably obtained a “super senior term loan” ...

  • News briefs

    S&P downgrades Boardriders

    2020-09-08T17:09:00Z

    Standard Poor’s has downgraded the debt ratings for Boardriders in relation to a recent offering of $155 million intended to improve its liquidity position. The new offering includes $65 million worth of term loans contributed by the company’s major shareholder, Oaktree Capital Management , $45 million ...

  • copy-top-10-apparell-brands-non-downloadable(1)
    Infographics & Data

    Ranking - The top 10 sports apparel brands

    2020-09-01T14:42:00Z

    This exclusive chart shows the leading international sports apparell brands, including Nike, Adidas, VF Corp., Under Armour, Anta, Hanesbrands, Gildan, Puma, Columbia and Boardriders. Ranking by Revenue and by %-growth vs last year. This is exclusive data and analysis for Premium Members.

  • News briefs

    Boardriders sells a U.K. retail chain to its founder

    2020-08-13T16:37:00Z

    After long discussions, Boardriders has resold selected assets of Two Seasons , a British action sports retailer, to its founder, Stuart Roberts , helped by two investors. Roberts founded Two Seasons in 1982, when he was 19 years old, and sold it to the former Billabong Group in ...

  • News briefs

    Moody’s downgrades Boardriders’ debt

    2020-07-02T14:16:00Z

    Moody’s has changed its outlook for Boardriders ’ debt from stable to negative, considering the effects of Covid-19 in terms of temporary store closures and declines in discretionary consumer spending. With only $100 million in cash on its balance sheet and $15 million in credit availability as of May ...

  • News briefs

    Boardriders sees it credit rating lowered

    2020-06-15T15:52:00Z

    Standard Poor’s has downgraded Boardriders ’ debt rating to CCC+ from B- after the company reported that it recorded “severely negative” Ebitda on 40 percent lower revenues for the second quarter ended on April 30, indicating that it may need additional liquidity to meet its obligations. Ebitda ...

  • News briefs

    Boardriders divests Xcel

    2020-03-20T11:18:00Z

    Boardriders has sold its brand of wetsuits, Xcel , on undisclosed terms to ZG Collective of Colorado. Boardriders had recently decided to grow its six primary brands – Quiksilver , Billabong , Roxy , DC Shoes , RVCA and Element – over the long term by ...

  • News briefs

    Standard & Poors and Moody’s downgrade Boardriders

    2020-03-15T12:05:00Z

    Standard Poors and Moody’s have both downgraded the credit rating of Boardriders , the parent company of Quiksilver , Roxy , Billabong and other action sports brands. S P has reversed its outlook to negative based on results and guidance provided by the company to ...

  • News briefs

    Credit agencies downgrade Boardriders

    2020-03-14T05:18:00Z

    Standard Poors and Moody’s have both downgraded the credit rating of Boardriders , the parent company of Quiksilver , Roxy , Billabong and other action sports brands. S P has reversed its outlook to negative based on results and guidance provided by the company to ...