Quiksilver's Aussie Buy

Huntington Beach–based Quiksilver has purchased Surfection, a 20-year-old surf-shop chain based in Australia. Surfection currently operates seven Surfection shops and five Quiksilver/Roxy concept stores in New South Wales, Australia. Under the terms of the deal, Quiksilver will pick up five Surfection shops, which it will gradually convert into Quiksilver Boardriders Clubs, as well as the Quiksilver/Roxy concept stores.