Surfwear and youth clothing
Established in Torquay, Australia in 1970, but now based in the USA. In 2015 the American arm filed for bankruptcy, while Oaktree Capital took control of the company as part of a US$175 million refinancing. In Mar 2017 the company was renamed Boardriders Inc (formerly Quiksilver Inc), and in Jan 2018 announced it would acquire struggling Australian surfwear giant Billabong for $200m.
| Oaktree Capital Management LP
owns 100% of Boardriders Inc
Rank a Brand searches the websites of brands for the answers to carefully targeted questions. From this they calculate sustainability scores based on the themes of environment, climate, labor issues, and transparency. Brands owned by this company received an 'E', the lowest possible score.
[Source 2017][More on Sustainability Reporting]
The 2020 Fashion Transparency Index reviewed 250 of the world's largest fashion brands and retailers and ranked them according to how much they disclose about their social and environmental policies, practices and impacts. Brands owned by this company scored 9%, signifying it has little to no information about their supply chain practices or policies available to the public. The average score was 23% and the highest score was 73%.
[Source 2020][More on Sustainability Reporting]
This 2007 investigative report by China Labour Watch reveals poor work conditions for Chinese workers making products for this company, such as workers being required to work nine hours per day as regular hours in addition to five to six hours of mandatory overtime during peak season which accumulates to 14 work hours per day, about 420 hours per month. [Listed under information due to age of report]
[Source 2007][More on Workers Rights]
Maid in India', a 2012 report by two Dutch NGOs (SOMO and ICN) revealed how workers in the South Indian garment and textile industry continue to suffer exploitative working conditions while making garments for Western brands. While some recent improvements have been made, thousands of girls work under recruitment and employment schemes that amount to bonded labour. This company was shown to be sourcing from one or more of the four garment manufacturers investigated, and failed to respond to a review request. [Listed under Information due to age of report]
[Source 2012][More on Workers Rights]
This company is a member of the CanopyStyle initiative, which came about when research found that millions of trees are used every year to produce dissolving pulp, a key ingredient for fabrics such as rayon/viscose. The campaign seeks to phase out the use of endangered forest fibre in fabric.
[Source 2018][More on Forests]
This company has taken angora items off the shelves and promised not to use angora again, following a PETA campaign launched in Dec 2013 which revealed the cruelty inflicted on angora rabbits in Chinese factory farms, where 90% of the world's angora is produced.
[Source 2018][More on Animal Rights]
The Quiksilver Foundation was formed in 2004 to bring all of Quiksilver's charitable giving under one umbrella. It is a non-profit organization committed to benefiting and enhancing the quality of life for communities of boardriders across the world by supporting environmental, educational, health and youth-related projects.
[Source 2012][More on Finance]
C- grade in the Baptist World Aid Australia's 'Ethical Fashion Report 2019', which grades companies, from A to F, on the strength of their systems to mitigate against the risks of forced labour, child labour and worker exploitation in their supply chains, as well as protect the environment from the harmful impacts of the fashion industry. Assessment criteria fall into five main categories: policies, transparency and traceability, auditing and supplier relationships, worker empowerment and environmental management.
[Source 2019][More on Workers Rights]
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
[Source 2017][More on Human Rights]
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
|Oaktree Capital Management LP|
This company has an investment in EXCO Resources, an unconventional oil and natural gas exploration, exploitation, development and production company, with a focus on shale resource plays. Operates mainly in Texas, Louisiana, and Appalachia.
[Source 2017][More on Habitats]
|Company Structure||Private company|
|Revenue||US$1.8 billion in 2013|
|# Employees||1,069 in 2013|
|Subsidiaries||Billabong International Ltd
- GSM (Operations) Pty Ltd
Quiksilver Australia Pty Ltd
|Address||Huntington Beach, California, USA|
Products / BrandsBoardriders
DC Skate Shoes
Element Skate Shoes
Kustom Skate Shoes
Quiksilver Menswear (casual)