Viewing a satellite photo of the Korean peninsula at night, one can see what communism has meant for the people of North Korea. There is a wide dark black band between the border of China and Russia and the border of South Korea suggesting perhaps a body of water or an uninhabitable area, but this is North Korea.
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The acquisition is made through Boardriders, the firm owned by Oaktree that controls Quiksilver, Roxy, and DC Shoes. The new combined company gives birth to the world's leading action sports conglomerate with 630 retail stores in 26 countries, and global sales of around $2b.