By Andrew Asch | January 28, 2016
Surf giant Quiksilver Inc. plans to emerge from Chapter 11 bankruptcy by Feb. 8, it was announced on Jan. 28. The U.S. Bankruptcy Court for the District of Delaware confirmed the Huntington Beach, Calif.–headquartered company’s plans for reorganization. The bankruptcy was declared in September 2015.
Speedo USA has gone through a lot of changes lately.
Sexy, low-cut dresses have been a specialty of Los Angeles–based brand For Love & Lemons, said Laura Hall, one of the designers for the brand, which has been sold at high-end specialty stores such as American Rag Cie, Elyse Walker and Planet Blue.
Gabby Sabharwal took her fashion marketing and public-relations experience and applied it to launch a swim brand, Giejo which mixes runway inspiration with street style to create pieces that can be worn on and off the beach.
When Lisa Hackwith launched her swimwear company, Hackwith Design Co., in 2013, she had a mission to produce quality, sustainable, locally made clothing.
The art world and Miami street style converged in December during the annual Art Basel modern and contemporary art festival in Miami Beach.
Swim Trends: Swimwear—On The Beach And Beyond
Irvine, Calif.–based La Jolla Group has formed a joint venture partnership with The Roark Revival in which La Jolla Group will provide Roark with “the tools, staffing, financial management and structure to scale their business seamlessly.”
The people and events that made the news in 2015.
This was a big year for Swim Collective, the 4-year-old Southern California trade show. In January, the trade show launched a companion event, Active Collective, which featured activewear and athleisure lines showing alongside Swim Collective’s swimwear brands.
One of the innovators and major companies of the surf business, Quiksilver Inc., wiped out this year.
Leading surfwear and fashion company …Lost Holdings announced that Rick Petri, a surf-industry veteran, will join the company as its president on Dec. 1.
Surf Industry Manufacturers Association has presented its SIMA Image Awards for 13 years, and on Nov. 11, it announced its slate of award nominees for work done in the past year. Winners will be announced Feb. 11.
Oaktree Capital Management, the Los Angeles–based investment firm, is ramping up its effort to buy Quiksilver Inc. out of bankruptcy.
Bob Hurley is stepping down as the chief executive officer of Hurley International.