Quiksilver to Lose $500 Million on Rossignol Sale
Saturday, November 1st, 2008In 2005, Quiksilver bought French ski/snow company Rossignol for $560 million. Now it's going to sell for $52 million. You can probably do the math, but that's a depreciation of $510 million. No one is probably happier about this than former Rossignol chief executive Bruno Cercley, who now heads Chartreuse & ...