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MIRA INFORM REPORT
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Report No. : |
488043 |
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Report Date : |
29.01.2018 |
IDENTIFICATION DETAILS
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Name : |
DC SHOES, INC. |
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Registered Office : |
5600 Argosy Ave Ste 100, Huntington Beach Ca 92649 |
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Country : |
United States |
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Date of Incorporation : |
25.10.1993 |
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Legal Form : |
Domestic Stock |
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Line of Business : |
Subject is a mid-sized organization in the men's and boy's apparel wholesale and manufacturers industry. |
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No. of Employees : |
750 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
C |
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Credit Rating |
Explanation |
Rating Comments |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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Status : |
Poor |
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Payment Behaviour : |
Slow |
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Litigation : |
Exist |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
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Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
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United States |
A1 |
A1 |
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Risk Category |
ECGC Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
UNITED STATES - ECONOMIC
OVERVIEW
The US has the most technologically powerful economy in the world, with a per capita GDP of $57,300. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. Based on a comparison of GDP measured at purchasing power parity conversion rates, the US economy in 2014, having stood as the largest in the world for more than a century, slipped into second place behind China, which has more than tripled the US growth rate for each year of the past four decades.
In the US, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, businesses face higher barriers to enter their rivals' home markets than foreign firms face entering US markets.
Long-term problems for the US include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits.
The onrush of technology has been a driving factor in the gradual development of a "two-tier" labor market in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. But the globalization of trade, and especially the rise of low-wage producers such as China, has put additional downward pressure on wages and upward pressure on the return to capital. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income.
Imported oil accounts for nearly 55% of US consumption and oil has a major impact on the overall health of the economy. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. Because the US economy is energy-intensive, falling oil prices since 2013 have alleviated many of the problems the earlier increases had created.
The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the US into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, the US Congress established a $700 billion Troubled Asset Relief Program (TARP) in October 2008. The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009, Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012, the Federal Government reduced the growth of spending and the deficit shrank to 7.6% of GDP. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries.
Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2014, the direct costs of the wars totaled more than $1.5 trillion, according to US Government figures.
In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million Americans by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on healthcare - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010.
In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight.
In December 2012, the Federal Reserve Board (Fed) announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short-term rates near zero until unemployment dropped below 6.5% or inflation rose above 2.5%. In late 2013, the Fed announced that it would begin scaling back long-term bond purchases to $75 billion per month in January 2014 and further reduce them as conditions warranted; the Fed ended the purchases during the summer of 2014. In 2014, the unemployment rate dropped to 6.2%, and continued to fall to 5.5% by mid-2015, the lowest rate of joblessness since before the global recession began; inflation stood at 1.7%, and public debt as a share of GDP continued to decline, following several years of increases. In December 2015, the Fed raised its target for the benchmark federal funds rate by 0.25%, the first increase since the recession began. With US GDP growth below 2%, the Fed opted to raise rates three times since then, and in mid-June 2017, the range for the target rate stood at 1% to 1.25%.
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Source
: CIA |
STATUTORY
INFORMATION
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Legal Name: |
DC SHOES, INC. |
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Trade Name: |
DC |
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ID: |
C1844922 |
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Date Created: |
1993 |
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Date Incorporated: |
10/25/1993 |
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Legal Address: |
5600 ARGOSY AVE STE 100 HUNTINGTON BEACH CA 92649 USA |
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Operative Address: |
5600 Argosy Ave Ste 100 Huntington Beach, California
92649-1063 United States |
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Telephone: |
1- (888) 532-3130 |
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Fax: |
(714) 889-4206 |
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Legal Form: |
DOMESTIC STOCK |
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Email: |
info@dcshoes.com |
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Registered in: |
CALIFORNIA |
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Website: |
www.dcshoes.com |
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Contact: |
Damon Way, Co-Founder and
Executive Vice President Ken Block, Co-Founder and Chief
Brand Officer Scott Fullerton, Vice President |
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Staff: |
750 |
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Activity: |
NAICS 1: Men’s and Boys’ Cut
and Sew Apparel Manufacturing NAICS 2: Men's and Boys'
Clothing and Furnishings Merchant Wholesalers NAICS 3: Women's, Children's,
and Infants' Clothing and Accessories Merchant Wholesalers NAICS 4: Footwear Merchant
Wholesalers SIC 1: Men's And Boys'
Sportswear And Athletic Clothing SIC 2: Men's And Boy's Clothing SIC 3: Women's And Children's
Clothing SIC 4: Footwear |
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BANKS
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The company does not make its banking data public |
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HISTORY
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The company was founded in 1993 by Damon Way and Ken
Block |
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The company was formerly known as Circus Distribution,
Inc. and changed its name to DC Shoes, Inc. in November 1997. On March 8, 2004, DC Shoes was acquired by
Quiksilver in an US$87 million transaction. In 2010, DC Shoes moved from
Vista, California, to Quiksilver's headquarters in Huntington Beach. In 2011, the brand underwent a
rejuvenation process that included the design of a new flag logo. A further progression of the
brand relaunch was the "Rediscover" campaign that commenced in
December 2011, following the addition of Capaldi and Huston to the skateboard
team. On June 15, 2016 DC Shoes
introduced their new global surf team marking the return of the DC Shoes
Surfing platform since 2003. |
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Key Developments: |
DC Shoes, Inc. Key Developments Third Amended Reorganization Plan
Approved for Quiksilver Inc. Jan 29 16 The US Bankruptcy Court
approved the plan OR amended plan of reorganization of Quiksilver Inc. on
January 29, 2016. The debtor has filed its third amended plan in the Court on
January 28, 2016. As per the amended plan, Administrative Claims of $8
million, DIP ABL Facility Claims of $55 million, DIP ABL Facility Claims of
$115 million, Professional Claims, Priority Tax Claims of $2 million, Other
Priority Claims of $1 million and Other Secured Claims will be paid in full
in cash. Secured Notes Claims of $282.33 million will have a recovery a
recovery of 17.4% amounting to 49.12 million in the form of equity, an equity
ownership of 20.28%. Euro Notes Guaranty Claims of $227.7 million,
Intercompany Claims and Intercompany Interests will be reinstated. General
Unsecured Claims of $50 and Unsecured Notes Claims of $227.4 million will
have a recovery of 4.5% amounting to $2.25 million and $10.23 million which
will be paid in the form of cash and equity. Holders of Allowed Unsecured
Claims will hold up to 4.75% of the total equity. Interests in Quiksilver
will be cancelled and not receive any distribution. The plan will be funded
by cash in hand, common stock, rights, exit facility, euro notes rights and
new delayed draw term loan credit facility. Third Amended Reorganization
Plan Filed by Quiksilver Inc. Jan 28 16 Quiksilver Inc. along with its
affiliates filed second amended joint plan of reorganization along with
disclosure statement in the US Bankruptcy Court on January 28, 2016. As per
the plan filed, Secured Notes Claims of $282.33 million will have a recovery
a recovery of 17.4% amounting to 49.12 million in the form of equity, an
equity ownership of 20.28%. Holders of Allowed Unsecured Claims will hold up
to 4.75% of the total equity. |
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PRINCIPAL ACTIVITY
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Dc Shoes, Inc. is a mid-sized
organization in the men's and boy's apparel wholesale and manufacturers
industry located in Huntington Beach, CA. |
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Products/Services description: |
DC Shoes is an American company
that specializes in footwear for action sports, including skateboarding and
snowboarding. The company also manufactures apparel, bags, accessories, hats,
shirts, and posters. DC Shoes, Inc. manufactures
skateboarding shoes. The company provides skateboarding and lifestyle shoes,
apparel, snowboards, snowboard boots, outerwear, and accessories for men,
women, and kids. It offers its products through its stores and outlets, and
authorized dealers in Australia, Canada, France, Indonesia, New Zealand,
Peru, the Philippines, Puerto Rico, Singapore, South Africa, Spain, Thailand,
the United Kingdom, the United States, and Vietnam, as well as online. PRODUCTS: MEN New Arrivals 94 Collection SHOES New Arrivals Skateboarding Sneakers Sandals Boots Snowboard Boots View All CLOTHING New Arrivals Jackets & Coats Hoodies & Sweatshirts T-shirts Shirts Jeans Pants Shorts Boardshorts View All ACCESSORIES New Arrivals Hats & Caps Beanies Bags & Backpacks Other Accessories GoPro View All SNOWBOARDING Snow Boots Snowboards Snow Jackets Snow Pants Hoodies & Layers Gloves Beanies WOMEN SHOES New Arrivals Skateboarding Sneakers Boots Snowboard Boots View All SNOWBOARDING Snow Boots Snowboards Snow Jackets Snow Pants Hoodies Gloves Beanies KIDS SHOES New Arrivals Shoes View All CLOTHING New Arrivals Jackets Hoodies & Sweatshirts T-Shirts Jeans, Pants & Shorts Boardshorts View All ACCESSORIES New Arrivals Hats Bags & Backpacks Other Accessories View All SNOW Snowboard Boots Snow Jackets Snow Pants Hoodies Accessories SKATE SHOP Shoes Clothing Accessories MENS SNOW Snowboard Boots Snowboards Snow Jackets Snow Pants Hoodies Gloves Beanies WOMENS SNOW Snowboard Boots Snowboards Snow Jackets Snow Pants Hoodies Gloves Beanies KIDS SNOW Snowboard Boots Snow Jackets Snow Pants Hoodies Accessories |
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Brands: |
DC |
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Sales are: |
Wholesale and Retail |
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Clients: |
MERCO SUR SPORTS WORLD
CORPORATION Paraguay Ola Y Montaa Sociedad Anonima Cerrada Peru |
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Suppliers: |
SUZHOU NEW WORLD RUBBER CO.,
LTD. China Mei Fai Hats International
Manufacturing Company Limited Hong Kong SAMIL TONGSANG VINA CO.,LTDHOA
LAN Vietnam Eastman Exports Global Clothing
Pvt. Ltd. India GST Global Sports Technologies
GmbH Austria |
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Operations area: |
National and International |
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The company imports from |
China, Hong Kong, Vietnam,
India and Austria |
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The company exports to |
Paraguay and Peru |
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The subject employs |
750 employees |
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Payments: |
Slow |
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LOCATION
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Headquarters : |
5600 Argosy Ave Ste 100 Huntington Beach, California 92649-1063 United States |
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Comments: |
NA |
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Branches: |
The company has many stores and
outlets in the USA |
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Main Competitors |
Quiksilver, Inc. 5600 Argosy Ave Ste 100 Truwest, Inc 5592 Engineer Dr Logo Enterprises Inc. 17705 Sampson Ln Hawk Designs, Inc. 5600 Argosy Ave Unleashed American Made LLC 616 Main St |
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Related Companies: |
The company works with authorized
dealers in Australia, Canada, France, Indonesia, New Zealand, Peru, the
Philippines, Puerto Rico, Singapore, South Africa, Spain, Thailand, the
United Kingdom, the United States, and Vietnam, as well as online. |
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GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
This is a private company. The company does not
disclose information on shareholders. The following information has been obtained
through private sources and could not be confirmed: Major holders are Damon Way and Ken Block. DC Shoes, Inc. operates as a subsidiary of: Quiksilver Inc. 5600 Argosy Ave Ste 100 Huntington Beach, CA USA Global Headquarters: Oaktree Capital Group, Llc 333 S Grand Ave Ste 2800 Los Angeles, CA USA |
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Management: |
Damon Way, Co-Founder and Executive Vice President Ken Block, Co-Founder and Chief Brand Officer Zac Jordheim, Partner Walt Malinowsky, Director Information Technology Erik Echlund, Director of Sales Laurie Bauer, Executive Assistant Scott Fullerton, Vice President Jeff Shine, Vice President of North American Sales |
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FINANCIAL
INFORMATION
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The company does not make its financial statements public.
The following information has been provided by private sources: |
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USD 2016 |
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Revenue |
33,000,000 |
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Cash
flow |
Medium-Low |
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We also attach the latest
financial statements of Oaktree Capital Group, LLC |
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LEGAL
FILINGS
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Patents: |
Capturing and Analyzing Boardsport Maneuver Data Publication number: 20140278218 Abstract: Systems
and methods are provided for visualizing motion by a sports participant. A system
includes a motion detection module that comprises an accelerometer positioned
on sports participant configured to measure one or more metrics associated
with motion of the sports participant and a transmitter configured to
wirelessly transmit the one or more metrics. A data processor is configured
to access the one or more metrics and provide a visualization of the motion
of the sports participant based on the one or more metrics. Type: Application Filed: March 14, 2014 Publication date: September 18, 2014 Applicant: DC SHOES, INC. Inventor: Wei-En Chang Skateboard shoes Patent number: 8291619 Abstract: A shoe
comprising a single molded sole having a lateral section, positioned at a front
outer portion of the sole, the lateral section made of a first rubber
material, a medial section, positioned at a front inner portion of the sole
and positioned adjacent to the lateral section, the medial section made of a
third rubber material, a heel section, positioned at a rear portion of the
sole, the heel section made of the third rubber material, and an arch
section, positioned between the lateral section or the medial section and the
heel section, the arch section made of a second rubber material. Type: Grant Filed: July 20, 2009 Date of Patent: October 23, 2012 Assignee: DC Shoes, Inc. Inventor: Joseph Haroutioun Abadjian Skateboard shoe Patent number: 7430817 Abstract: A
skateboard shoe comprising a plurality of fluid chambers able to move and
flex independently from one another along the bottom portion of the midsole
is shown and described. The midsole acts as both a stabilizing midsole and an
impact cushioning midsole while improving the fit of the shoe so it moves
with the foot. Type: Grant Filed: November 18, 2005 Date of Patent: October 7, 2008 Assignee: DC Shoes, Inc. Inventors: Joseph Haroutioun Abadjian, Wei-En Chang SINGLE LACE BOOT WITH MULTIPLE COMPRESSION ZONES Publication number: 20080168685 Abstract: The
present invention relates to a single lace boot with multiple compression
zones. In one embodiment, the present invention is a boot having a first side
and a second side opposing the first side. The boot also has an upper zone
located near a top portion of the first side and the second side, a middle
zone located below the upper zone, and a lower zone located below the middle
zone. Furthermore, the boot has a plurality of lacing mechanisms located on
the first side and the second side and a single lace with a first end secured
to one of the plurality of lacing mechanisms in the upper zone and a second
end secured to one of the plurality of lacing mechanisms in the lower zone. Type: Application Filed: January 15, 2008 Publication date: July 17, 2008 Applicant: DC SHOES, INC. Inventors: Martin Shane Kim, Joseph Haroutioun
Abadjian, Jonathan L. Fishbein, Tae Hun Park Skateboard shoe with sole of varying hardness Patent number: 7191550 Abstract: A
skateboard shoe having a sole with four sole pads; each sole pad having differing
durometer values: a lateral pad and a toe pad comprised of a low durometer
value (Shore A) material, a medial pad comprised of a moderate durometer
value (Shore A) material, and a heel pad comprised of a hard durometer value
(Shore A) material. Type: Grant Filed: August 19, 2005 Date of Patent: March 20, 2007 Assignee: DC Shoes, Inc. Inventor: Jai K. Baek Removable liner and inflatable bladder for snowboard
boots and method of manufacture Patent number: 7010823 Abstract: An
inflatable liner for a boot, such as a snowboard boot. An oily chalk like
substance consisting of 90% sweet starch, 9% lubricant, and 1% stearate is
included between two sheets of plastic that make up bladder of the liner. The
bladder is attached to the EVA of the liner before the EVA is folded,
stitched, heated and molded. This allows the bladder to be attached while the
EVA is still flat and allows attachment to be performed by machine stitching.
The bladder is partially inflated before the EVA is heated and molded. The
oily chalk like substance and the partial inflation of the bladder allows the
installed bladder to pass through the heating and molding steps of the EVA
without the two sheets that make up the bladder melting together. The design
and installation of the bladder minimizes the amount of slipping of a
wearer's foot and heel within the boot. Type: Grant Filed: July 26, 2004 Date of Patent: March 14, 2006 Assignee: DC Shoes, Inc. Inventor: Jai K. Baek Shoe with inflatable bladder and secure deflation
valve Patent number: 7001160 Abstract: A valve
designed to limit inadvertent operation of the valve. The valve has a
shortened plunger, a collar to prevent tilt of the plunger, and a conformable
ring on the valve face. The plunger is provided with a groove sized and dimensioned
to partially receive the inner surface of the ring. Type: Grant Filed: October 27, 2003 Date of Patent: February 21, 2006 Assignee: DC Shoes, Inc. Inventor: Jai K. Baek Skateboard shoe with sole of varying hardness Patent number: 6931768 Abstract: A
skateboard shoe having a sole with four sole pads; each sole pad having
differing durometer values: a lateral pad and a toe pad comprised of a low
durometer value (Shore A) material, a medial pad comprised of a moderate
durometer value (Shore A) material, and a heel pad comprised of a hard
durometer value (Shore A) material. Type: Grant Filed: April 18, 2002 Date of Patent: August 23, 2005 Assignee: DC Shoes, Inc. Inventor: Jai K. Baek Removable liner and inflatable bladder for snowboard
boots and method of manufacture Publication number: 20040261202 Abstract: An
inflatable liner for a boot, such as a snowboard boot. An oily chalk like
substance consisting of 90% sweet starch, 9% lubricant, and 1% stearate is
included between two sheets of plastic that make up bladder of the liner. The
bladder is attached to the EVA of the liner before the EVA is folded,
stitched, heated and molded. This allows the bladder to be attached while the
EVA is still flat and allows attachment to be performed by machine stitching.
The bladder is partially inflated before the EVA is heated and molded. The
oily chalk like substance and the partial inflation of the bladder allows the
installed bladder to pass through the heating and molding steps of the EVA
without the two sheets that make up the bladder melting together. The design
and installation of the bladder minimizes the amount of slipping of a
wearer's foot and heel within the boot. Type: Application Filed: July 26, 2004 Publication date: December 30, 2004 Applicant: DC Shoes, Inc. Inventor: Jai K. Baek Removable liner and inflatable bladder for snowboard
boots and method of manufacture Patent number: 6766599 Abstract: An
inflatable liner for a boot, such as a snowboard boot. An oily chalk like
substance consisting of 90% sweet starch, 9% lubricant, and 1% stearate is
included between two sheets of plastic that make up bladder of the liner. The
bladder is attached to the EVA of the liner before the EVA is folded,
stitched, heated and molded. This allows the bladder to be attached while the
EVA is still flat and allows attachment to be performed by machine stitching.
The bladder is partially inflated before the EVA is heated and molded. The
oily chalk like substance and the partial inflation of the bladder allows the
installed bladder to pass through the heating and molding steps of the EVA
without the two sheets that make up the bladder melting together. The design
and installation of the bladder minimizes the amount of slipping of a
wearer's foot and heel within the boot. Type: Grant Filed: February 20, 2001 Date of Patent: July 27, 2004 Assignee: DC Shoes, Inc. Inventor: Jai K. Baek Shoe with inflatable bladder and secure deflation
valve Publication number: 20040086405 Abstract: A valve designed
to limit inadvertent operation of the valve. The valve has a shortened
plunger, a collar to prevent tilt of the plunger, and a conformable ring on
the valve face. The plunger is provided with a groove sized and dimensioned
to partially receive the inner surface of the ring. Type: Application Filed: October 27, 2003 Publication date: May 6, 2004 Applicant: DC Shoes, Inc. Inventor: Jai K. Baek Jacket with head sock and storage pocket Patent number: 6665878 Abstract: A jacket
for snowboarding, skiing or snow play has a head sock or balaclava-like hood
attached to the inside of the jacket and a storage pocket inside the jacket
for storing the hood when not in use. Type: Grant Filed: January 10, 2003 Date of Patent: December 23, 2003 Assignee: DC Shoes, Inc. Inventor: Damon Way Shoe with inflatable bladder and secure deflation
valve Patent number: 6638038 Abstract: An
inflatable shoe with a deflation valve designed to limit inadvertent
operation of the valve and thereby limit inadvertent deflation of the shoe.
The deflation valve has a shortened plunger, a collar to prevent tilt of the
plunger, and a conformable ring on the valve face. The plunger is provided
with a groove sized and dimensioned to partially receive the inner surface of
the ring. Type: Grant Filed: June 25, 2002 Date of Patent: October 28, 2003 Assignee: DC Shoes, Inc. Inventor: Jai K. Baek Skateboard shoe with sole of varying hardness Publication number: 20030196353 Abstract: A
skateboard shoe having a sole with four sole pads; each sole pad having
differing durometer values: a lateral pad and a toe pad comprised of a low
durometer value (Shore A) material, a medial pad comprised of a moderate
durometer value (Shore A) material, and a heel pad comprised of a hard
durometer value (Shore A) material. Type: Application Filed: April 18, 2002 Publication date: October 23, 2003 Applicant: DC Shoes, Inc. Inventor: Jai K. Baek Removable liner and inflatable bladder for snowboard
boots and method of manufacture Publication number: 20030056399 Abstract: An
inflatable liner for a boot, such as a snowboard boot. An oily chalk like
substance consisting of 90% sweet starch, 9% lubricant, and 1% stearate is
included between two sheets of plastic that make up bladder of the liner. The
bladder is attached to the EVA of the liner before the EVA is folded,
stitched, heated and molded. This allows the bladder to be attached while the
EVA is still flat and allows attachment to be performed by machine stitching.
The bladder is partially iflated before the EVA is heated and molded. The
oily chalk like substance and the partial inflation of the bladder allows the
installed baldder to apss through the heating and molding steps of the EVA
without the two sheets that make up the bladder melting together. The design
and installation of the bladder minimizes the amount of slipping of a
wearer's foot and heal within the boot. Type: Application Filed: February 20, 2001 Publication date: March 27, 2003 Applicant: DC Shoes, Inc. Inventor: Jai Keun Baek Shoe with inflatable bladder and secure deflation
valve Publication number: 20020164257 Abstract: An
inflatable shoe with a deflation valve designed to limit inadvertent
operation of the valve and thereby limit inadvertent deflation of the shoe.
The deflation valve has a shortened plunger, a collar to prevent tilt of the
plunger, and a conformable ring on the valve face. The plunger is provided
with a groove sized and dimensioned to partially receive the inner surface of
the ring. Type: Application Filed: June 25, 2002 Publication date: November 7, 2002 Applicant: DC shoes, Inc. Inventor: Jai K. Baek Shoe with inflatable bladder and secure deflation
valve Patent number: 6409487 Abstract: An
inflatable shoe with a deflation valve designed to limit inadvertent
operation of the valve and thereby limit inadvertent deflation of the shoe.
The deflation valve has a shortened plunger, a collar to prevent tilt of the
plunger, and a conformable ring on the valve face. The plunger is provided
with a groove sized and dimensioned to partially receive the inner surface of
the ring. Type: Grant Filed: December 15, 2000 Date of Patent: June 25, 2002 Assignee: DC Shoes, Inc. Inventor: Jai K. Baek Outsole and midsole for a shoe Patent number: D571551 Type: Grant Filed: June 6, 2006 Date of Patent: June 24, 2008 Assignee: DC Shoes, Inc. Inventors: Dan McCarthy, Joseph Abadjian, Jungho Seo Shoe with foxing tape and airbag window Patent number: D620694 Type: Grant Filed: June 23, 2008 Date of Patent: August 3, 2010 Assignee: DC Shoes, Inc. Inventors: Dan McCarthy, Joseph Abadjian, Jungho
Seo, William Keegan Shoe with foxing tape and airbag window Patent number: D620695 Type: Grant Filed: June 23, 2008 Date of Patent: August 3, 2010 Assignee: DC Shoes, Inc. Inventors: Dan McCarthy, Joseph Abadjian, Jungho
Seo, William Keegan |
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Lawsuits: |
Blehm, et al v. DC Shoes Inc,
et al Case Number: 3:2005cv01418 Filed: July 14, 2005 Court: California Southern
District Court Office: San Diego Office Presiding Judge: John A.
Houston Referring Judge: William
McCurine Nature of Suit:
Securities/Commodities Cause of Action: 28:1331 Fed.
Question: Securities Violation Jury Demanded By: Both |
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Trademarks: |
DROORS clothing; namely, jeans,
shorts, shirts, hats, jackets Owned by: DC SHOES, INC. Serial Number: 74337571 DCSHOECOUSA shoes, T-shirts, sweatshirts,
caps, pants, and jackets Owned by: DC SHOES, INC. Serial Number: 75159095 D DROORS ATHLETICS clothing, namely, jeans, pants,
T-shirts, caps, beanies, socks, underwear Owned by: DC SHOES, INC. Serial Number: 75277632 DC SHOES Shoes Owned by: DC SHOES, INC. Serial Number: 75528674 ACTIVE TERRAIN Clothing, namely t-shirt,
sweatshirts, pants, jackets, caps, hats, socks and shoes including athletic
shoes, casual shoes… Owned by: DC SHOES, INC. Serial Number: 75744491 YOUTH PROJECT CLOTHING NAMELY, T-SHIRTS,
SWEATSHIRTS, PANTS, JACKETS, CAPS, HATS, SOCKS; SHOES NAMELY, ATHLETIC SHOES,
CASUAL SHOES; BOOTS… Owned by: DC SHOES, INC. Serial Number: 75856577 D DROORS Clothing, namely, pants,
shorts, t-shirts, sweatshirts, jackets, and hats Owned by: DC SHOES, INC. Serial Number: 76324592 D Clothing, namely, pants,
shorts, t-shirts, sweatshirts, jackets, and hats Owned by: DC SHOES, INC. Serial Number: 76324593 DC Snowboards, snowboard bindings,
leashes, skis, ski bindings, snowboard bags and travel cases, ski bags and
travel cases Owned by: DC SHOES, INC. Serial Number: 77287101 ATHLETE REDEFINED Travel bags; luggage; all purpose
carry bags; handbags; beach bags; tote bags; sports bags; gym bags; duffel
bags; fanny… Owned by: DC SHOES, INC. Serial Number: 77415403 CORE TRAINING Travel bags; luggage; all
purpose carry bags; handbags; beach bags; tote bags; sports bags; gym bags;
duffel bags; drawstring… Owned by: DC SHOES, INC. Serial Number: 77415408 D t-shirts Owned by: DC SHOES, INC. Serial Number: 77469010 DROORS t-shirts Owned by: DC SHOES, INC. Serial Number: 77520481 07 shoes, t-shirts, jackets,
coats, shirts, pants, shorts, undergarments, socks Owned by: DC SHOES, INC. Serial Number: 78028670 ENJOY THE RIDE Snowboard boots and
snowboarding outerwear, namely jackets, snow pants, beanies and bandanas Owned by: DC SHOES, INC. Serial Number: 78285287 DC FILMS Pre-recorded video cassettes
and digital video disks featuring action sports with or without synchronized
music Owned by: DC SHOES, INC. Serial Number: 78338911 DC MUSIC Pre-recorded audio cassettes
and compact discs featuring music Owned by: DC SHOES, INC. Serial Number: 78338944 LEAD AND OTHERS WILL FOLLOW Travel bags; all purpose
carrying bags; handbags; beach bags; tote bags; sports bags;backpacks;
purses; wallets; satchels… Owned by: DC SHOES, INC. Serial Number: 78761989 SEVEN POINT Travel bags; carry all bags;
handbags; beach bags; tote bags; bags for carrying bathing accessories;
sports bags; felt pouches… Owned by: DC SHOES, INC. Serial Number: 78830584 |
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UCC: |
No found |
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Renewal
History: |
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OFAC Sanctions
List Search |
The company is not listed in
the OFAC list. |
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Review: |
4 |
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ALERT |
HIGH |
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Requested Credit Amount |
Maximum |
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Maximum Credit Provided |
USD 50 000 |
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AboutReview: |
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RR1: FullyApproved |
The company is well established and in good
situation. |
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RR2: Approved |
Credit dealingsapproved. |
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RR3: Marginal + |
Business dealings approved +suggested monitoring. |
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RR4: Marginal - |
Low credit suggested + highly suggested monitoring |
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RR5: Unsatisfactory |
No credit line suggested + monitoring the company |
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Neg: Negative |
The company does not exist |
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SUMMARY
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Founded in 1993, Dc
Shoes, Inc. is a mid-sized organization in the men's and boy's apparel
wholesale and manufacturers industry located in Huntington Beach, CA. The company has 750 employees and generates an
estimated USD 33 million in annual revenue. DC Shoes, Inc. operates as a subsidiary of
Quiksilver Inc. Global Headquarters: Oaktree Capital Group, Llc The company imports
from China, Hong Kong, Vietnam, India and Austria and exports to Paraguay and
Peru, operating within national and international markets. This has been an ACTIVE company incorporated in
CALIFORNIA in 1993. |
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RISK
INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
Slow |
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CASH FLOW |
Medium-Low |
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STATUS |
ACTIVE |
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INTERVIEW
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NAME |
Brenda |
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POSITION |
Operator |
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COMMENTS |
She confirmed name, telephone, website
and principal activity and products. However, she refused to provide further
information through the phone as she was not allowed to do so. |
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.49 |
|
|
1 |
INR 90.92 |
|
Euro |
1 |
INR 79.07 |
|
USD |
1 |
INR 63.59 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
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Report Prepared
by : |
SNT |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.