Rossignol has died?

we should all donate 5$ and buy rossi for NS lol (i know it would cost a hell of alot more then that)
 
Quiksilver didn't bury anyone- they prolonged the inevitable.

And people wonder why so few of these start up ski related companies make it... you clowns don't understand anything about business.

 
Great Idea. However, even if everyone donated I am sure the price the company is going for it would be impossible to buy rossi. Though, NOTHING IS IMPOSSIBLE
 
IF anyone is interested, this is info from over a year ago. OLD INFO but interesting none the less.

.............................the firm failed to capitalize on big growth areas such as roller

blading and suffered from a decline in the snowboard market. In March

2005, burdened by €120 million in debt, Rossignol was sold to

Quiksilver for €236.5 million to create a $2.6 billion sports and

apparel business.

..............................

Rossignol, which also includes Dynastar, Lange and Look, has been

restructured since the takeover. Plants and offices have been closed

and production of skis cut. A factory has been closed in the Isere

(France) and 14 of the 16 warehouses closed. The group’s headquarters are split between Park City in the USA and Voiron in France.

Managing director Bernard Mariette has stated that he is thinking the

unthinkable and nothing has been excluded, including selling Rossignol

for a loss. Rossignol’s clothing

division, borrowing ideas from Quiksilver, has been doing rather well.

A well placed source in the group has told us that the ski division or

just the factories could be sold. Three offers are being considered

including a management buyout and an offer from an American

billionaire. Last year there were rumours that the group was looking to

sell Dynastar, these were strongly denied at the time.

 
i fucken hate rossi skis so much but that would suck if they did die out but hopefully other sick companies fill there spot like moment and surface
 
oh, I didn't know he that he choosed it.....

He could have renewed his contract. Everybody was surprised by the switch.
 
How do you figure? Quiksilver took over a company that was going massively in the red, and made some good moves that helped the company have some successful aspects.

I have 3 products from Rossi. 2 turntable binders, and a pair of Scratch BC's. All are incredible pieces of equipment. I hope that someone can take the reigns and put the company back in the black again.
 
It never said dynastar and lange and look are playing quits, they're only being sold from quiksilver to a different management company. Rossignol is the only one being discontinued.
 
well, if his ski sponsor was aware that their brand was struggling, and that their parent company was not enthralled with their financial performance, where do you think they start in terms of budget trimming? even if his contract was expiring, i guarentee they were not able to re-up at the terms that candide was looking for, so he goes looking elsewhere. i am sure his contract was 6 figures and there is no way that rossi could dole out that kinda cash when they are going through difficult financial times.

although significantly different in size and scale, siver was dissolved when coalition (orage) could not sell them after buying them a few years earlier. it would really suck to see a company that is this big and that has been this involved in skiing, go under. it sends the wrong message to the industry...
 
T Hall was on for a bit aswell. His scratch pro model, imo, are still the best looking pair of skis.
 
If someone were able to pick up the rights/patents to the turntable style bindings (I'm looking at you Armada) I wouldn't care about this at all. While they make plenty of good skis, all I will really miss are the Squads/Phantoms and the new S7, and there are very similar skis to those to be found elsewhere.
 
shit i sure hope not.

the ghettos are an amazing park ski. i just got some steezes too! and all of my bindings are rossi/look
 
i dident read the whole thing so sorry if im repeating but i think rossi has been a little slack with who they are sponsoring. it seems like theyve been throwing out small sponsorships to just about anyone who sends them a ok promo. but its definatly a bummer for andreas and the rest of their team.
 
Rossignol is not going out of business or closing there doors. "Discontinued operations" is just to make the Quicksilver shareholders happy and continue to show Quick is trying to sell Rossignol.

Rossignol the brand will be around for a long time, as somebody will snatch them up. (maybe old owner)
 
So I should believe a post on Newschoolers over and above what has been declared as a statement in a financial publication. reallly?

How do you know that? What makes you so sure. It would be great to have some more info on this.
 
i am really confused on what is going on, can someone just tell me in very simple terms what is going on and why? thanks
 
"discontinued operations" is a term used in finance/accounting. How the company is viewed on the publically traded company's income statment.

Accounting Dictionary: Discontinued Operation

Sale, disposal, or planned sale in the near future of a business segment (i.e., product line, class of customer). The results of a discontinued operation are reported separately in the income statement as a separate line item after income from continuing operations and before extraordinary items.
 
Who Owns What?

You could be

forgiven for imagining that your favorite brand is still the same

customer-oriented, family-run European business making skis for the

sheer love of the sport and craftsmanship as always.

In fact, there remain fewer independent ski companies than you may have imagined.

The

ski industry, like all industries, is innundated in consolidation.

While brands may stay the same—legend holds that no brand ever goes

away— ownership and management are falling into ever fewer hands. This

may or may not affect skiers, but it's interesting to note that as

consolidation accelerates, innovation is increasingly left to

independent brands which remain agile, connected to roots and which

seem more free to experiment. One notable recent exception: Völkl.

Multi-brand Corporations:

Brands Controlled:

Amer Sports Group

Atomic

Dynamic

Salomon

Volant



K2, Inc.

Armada

K2

Line

Marker

Olin

Völkl

Rossignol

(Quicksilver subsidiary)

Dynastar

Lange

Rossignol

Roxy

Tecnica

Blizzard

Dolomite

Nordica

Tecnica

Independent:

4FRNT

Armada

Elan

Fischer

Goode

Head (distributes Palmer)

Line

Stöckli

 
You just contradicted yourself. Discontinued Operations means the SALE, ABANDONMENT OR DISPOSAL of certain operations in a business. So Quicksilver is either selling, abandoning or disposing of Rossignol.
 
this is just an accounting/finance term. Quicksilver is getting ready to sell Rossignol... that is all.
 
in many people's opinion, the bet bindings ever made.

155fks.jpg
 
But is there a buyer for a financially tanking company? If there is no buyer, and noone steps up to the plate, Quiksilver will cut their losses and walk away.

And I certainly would not blame them.
 
Rossignol and look bindings are soo good they have out lasted my last three pairs of skis. if they are actually going under that really sucks
 
IMO Quicksilver is making a poor decision to sell Rossignol. Though Rossi has had a few rough years (just like most ski manufacturers) due to lack of snow and who knows what else, they still have so much brand power and possibility for growth.

Quicksilver shouldn't judge Rossi on their past few years, but on the companies life. Rossignol has been one of the strongest forces in almost all aspects of skiing for a long time. Their skis and bindings are some of the best, if not the best.

This last year Rossignol sold out their entire line of Scratch skis. They have a sick lineup for next year and have continued to develop their brand in the ever changing market of freeskiing. Though their sales haven't been as good as years past and they have had problems with debt, Quicksilver is being to quick to judge. They don't see the difference in Rossi as a ski brand instead of a line of surf products.

As a brand, Rossignol is possibly the most recognized in the world of skiing. When Rossi has their name on a product, any generation of skier can recognize it as a high-quality product. So has Rossignol died? No, their is no way the brand Rossignol has or will die anytime soon. Do you realize the potential that the company has? Imagine if you had a sick ski design and wanted it to sell, the best way to get people buying it would be to approach a top company, and despite their recent losses, Rossignol continues to be at the top.

They have way too much to flop and all of you need to realize this. They have sick new skis and boots, outerwear, the best warranty, and a huge brand new office in Park City. The company is still pushing and it doesn't look like thats going to come to some kind of immediate halt, despite the outcome of Quicksilver's sale.
 
^

Thing is, no matter how much history a company has, or how many freeskiing skis are sold one year, if a company is TANKING financially like Rossi has, a company will cut their losses. If they cannot find a buyer, then it goes to the block as a loss.

Although Rossi will likely find a buyer and resume their existance, it is entirely concievable for Rossignol to cease to exist.
 
im probably way off on this one, but this could be the reason Candide is with CoreUPT, but i havent really done any research on this so i have no idea
 
And if they don'tsell it, they may abandon it or revive it. Either way is it dead? or is it going to continue selling and distributing - business as usual?

I wish a Rossi rep would post.
 
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