Steps taken to improve Quiksilver Inc.’s long-term business profile, including the closure of weaker stores, resulted in a wider loss in the first quarter.
In the three months ended Jan. 31, the Huntington Beach, Calif.-based owner of the Quiksilver, Roxy and DC brands saw net losses grow to $31.1 million, or 19 cents a diluted share, from losses of $22.6 million, or 14 cents, in the first quarter of 2012. Its operating loss more than tripled to $8.7 million from $2.5 million.
Peter Kim's Los Angeles-based premium denim line has always had its finger on the pulse of youth. This season, novelty is back in a way reminiscent of early Aughts, with studs, lace-ups, racing waxed denim and more. For more highlights if some of the key brands at the Vegas trade shows, go to WWD.com. #wwdfashion (📷: Patrick Gray; Styles by @thealexbadia; Story by @karihamanaka and @marcy_wwd)
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)