March 19, 2009
ZQK-Speculation Abounds
Snow/ski stocks have been wiping out lately. Since Quicksilver’s (ZQK) retail woes began, speculation of a take-out has been prolific. NKE, VFC and now even Singapore’s prominent Ong Family have all been cocktail party chatter and bandied about in conference rooms galore. With inventories elevated, Quick’s margins remain under pressure and with EBTIDA coming in around $160M for 2009, […]
Filed by admin at March 19th, 2009 under SKI, Snow, burton, Billabong, VFC, Quicksilver, Surf, ZQK, NIKE, athletic apparel, NKE, Action Sports, Surfing, teen retail
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