Sponsors
Billabong ▲ +0.015 | PPR ▼ 0.00 | American Apparel ▼ -0.020 | The Buckle ▲ +0.55 | Columbia ▲ +0.09 | Deckers Outdoor ▲ +1.29 | Dicks ▲ +0.96 | Foot Locker ▲ +0.90 | Genesco ▲ +0.90 | Iconix Brand Group ▲ +0.85 | Jarden Corp ▲ +0.70 | Nordstrom ▲ +1.08 | Luxottica ▲ +0.07 | Nike ▲ +1.72 | Pacific Sunwear ▼ -0.06 | Skullcandy ▲ +0.08 | Sport Chalet - 0 | Urban Outfitters ▲ +0.57 | VF Corp ▲ +0.20 | Quiksilver ▼ -0.01 | Zumiez ▲ +0.15 | Macys ▲ +0.86 | Tillys ▼ -0.01 |
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Friedman Stroffe & Gerard, P.C.

FSG’s Action Sports Practice Group provides legal services to the action sports industry. Our clients include surfers, skiers, snowboarders and skaters, as well as sponsors and leading apparel companies. Our attorneys serve in positions with industry organizations such as the Association of Surfing Professionals. We know your business and can provide full-service legal solutions to meet your organizational needs.

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Industry Insight

4 reasons for B2B companies to embrace ecomm from NuORDER. Invitation to PROCOPIO's Labor and Employment Law seminar.

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Tiffany Montgomery
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Staff reduced today at DC Shoes

By Tiffany Montgomery
August 26, 2009 12:41 PM

Layoffs hit DC Shoes today, a Quiksilver spokesman confirmed this afternoon.

Parent company Quiksilver has experienced layoffs at its Quiksilver and Roxy brands in the past as it moved to cut costs due to the recession and its debt load. The spokesman said about 10 percent of the workforce was cut previously at Quiksilver and Roxy, and the DC reductions are of similar size on a percentage basis.

Quiksilver reports earnings next Thursday and more details are expected to be released at that time.

DC has been Quiksilver's best-performing brand and its major growth vehicle. A new financing deal with the private equity firm Rhone allowed Quiksilver to keep the brand rather than sell it to pay off debt.

We'll report more details of this story when they become available.

 


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