Quicksilver news and archive

Oaktree may buy Quiksilver out of bankruptcy

While surf brand Quiksilver is attempting to turn things around since their filing for bankruptcy, Oaktree Capital is looking to step in. The Los Angeles-based investment firm is seemingly settling up to buy Quiksilver Inc. out of bankruptcy. Quiksilver filed with the U.S. Bankruptcy Court in September due to the retailer’s outstanding debts. In...

Apparel

Reliance Brands to invest in fashion

Reliance Brands plans to make strategic growth capital investments in India’s fashion industry and is looking to pick up between 33 per cent and 49 per cent stake in high-street designer enterprises as well as main street fashion brands that are serious about growth. It may invest up to Rs 200 crores to back entities that are driven by talent as...