Volcom, Inc. is a designer, marketer, and distributor of
youth-oriented products. The company primarily produces young men's and
young women's clothing, footwear, accessories, and related products, all
sold under the "Volcom" brand name. Volcom is headquartered in Costa Mesa, California, United States. Volcom is known for its trademark stone logo, its slogan Youth Against Establishment, and the Let the Kids Ride Free campaign.
Founded in 1991 by Richard "Wooly" Woolcott and Tucker "T-Dawg" Hall, Volcom caters to the surfing, skateboarding and snowboarding markets, born out of the founders' own experiences with these sports.In 1995, Volcom was the first action sport company to create a record label, Volcom Entertainment. In April 2005, the company took its current name, Volcom, Inc. Volcom became a publicly traded entity on June 29, 2005, when Wachovia Securities, D.A. Davidson and Piper Jaffray underwrote an initial public offering on NASDAQ, pricing 4.69 million shares at US$19 a share, raising a total of US$89 million.
In early 2008, Volcom made its first acquisition, taking ownership of Electric Visual Evolution LLC, for US$25.3 million.
On May 2, 2011, French retail-to-luxury group PPR SA launched a friendly take-over offer to buy Volcom Inc. for $24.50 a share, valuing the company at $608 million.Volcom's board unanimously backed the PPR offer and recommended shareholders tender their shares to PPR.
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