Billabong International

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Top company strategic reviews of 2014

Macro factors, particularly in the US and Europe, have created a somewhat challenging environment for retailers in 2014. Many succumbed to h...

Billabong says turnaround will "take time"

Troubled Australian surfwear brand Billabong has said its turnaround plan will be a multi-year process as it revealed details of a new corpo...


“Complex” Billabong seeks simple solution

Richard Woodard | 10 Dec 2013

Simplicity is the key to restoring fortunes at beleaguered surf-led apparel business Billabong, according to new CEO Neil Fiske.


A year in review - Brand winners and losers

Lee Adendorff | 9 Dec 2013

Increased costs, quality issues, and weakened demand resulted in job cuts and widened losses for certain retailers in 2013. But overseas expansion, the value of domestic manufacturing, and innovative products bolstered others.


Australasia key for apparel brands going global

Ashma Kunde | 5 Sep 2013

Having long sat on fashion's sidelines, Australasia has generated significant interest of late. In particular, the region's relative resilience to the financial turmoil which has plagued much of the northern hemisphere has proved to be a key attraction for international retailers, according to Euromonitor International.


Worthless Billabong still in choppy waters

Petah Marian | 28 Aug 2013

Troubled Australian surfwear brand Billabong is attempting to move beyond recent turbulence and onto its turnaround plans, but uncertainty still remains.

Latest Interviews

Interview: Anthony Corsano, CEO, Anvil Knitwear

Leonie Barrie | 29 Oct 2010

Anvil Knitwear is ahead of some of the world's biggest clothing brands when it comes to sustainability. Here, CEO Anthony Corsano talks to just-style about the business case for social and environmental responsibility, and explains why it is a defining feature of the future of the apparel industry.

Latest News

Billabong returns to profit in H1

Richard Woodard | 26 Feb 2015

Ailing surfwear business Billabong International returned to profitability in its first half, but cautioned that the company’s turnaround strategy remained in its early stages.


Billabong deploys cloud-based supply chain tool

Katie Smith | 14 Jan 2015

Australian surfwear brand Billabong is positioning its supply chain on the GT Nexus' cloud-based platform to support the transformation of its wholesale and retail businesses.


Billabong reveals supply chain appointments

Katie Smith | 1 Sep 2014

Australian surfwear brand Billabong has tapped two industry veterans to drive its global supply chain strategy.


Billabong FY loss dips on turnaround

Richard Woodard | 28 Aug 2014

Surfwear-led business Billabong International says its turnaround strategy is working after full-year losses were reduced and sales rose in Europe and Asia Pacific.


Billabong sells online surfwear assets

Michelle Russell | 21 Aug 2014

Australian surfwear brand Billabong has sold its online surfwear assets as it moves to a direct-to-consumer omni-channel model across its global operations.


Billabong names Streader chief operating officer

Leonie Barrie | 6 Jun 2014

Supply chain and operations specialist Jeff Streader has been named global chief operating officer (COO) of action sports and surfwear brand Billabong.


Billabong expands men's team

Katie Smith | 10 Mar 2014

Australian surfwear brand Billabong has appointed Mark Weber as vice president of men's global merchandising and design.


Costs weigh on Billabong H1

Michelle Russell | 21 Feb 2014

Australian surfwear brand Billabong has booked its fourth consecutive half-yearly loss as reconstruction costs and weakness in its international operations weighed on earnings.


Billabong considers sale of e-commerce units

Katie Smith | 6 Feb 2014

Billabong has said it will consider selling its e-commerce businesses as the struggling Australian surfwear brand continues with its ongoing turnaround efforts.


Billabong shareholders approve share issue

Michelle Russell | 31 Jan 2014

Billabong shareholders have voted overwhelmingly in favour of a US$135m share issue that will transfer more than 40% of the business to two US private equity groups.


Shareholders urged to reconsider Billabong deal

Richard Woodard | 28 Jan 2014

The Australian Shareholders’ Association (ASA) is calling for a delay to the shareholder vote transferring more than 40% of fashion retail business Billabong to two US private equity groups.


Billabong taps Branch to head women's division

Katie Smith | 7 Jan 2014

Australian surfwear brand Billabong has appointed industry executive Susan Branch to the newly-created role of global general manager for Billabong women's.


Billabong draws from revolving credit facility

Katie Smith | 19 Dec 2013

Australian surfwear brand Billabong has made the first drawdowns from the revolving credit facility agreed with GE Capital for up to US$100m.


Rival Billabong deal “ignores reality”

Richard Woodard | 10 Dec 2013

Any belief in a realistic rival deal for ailing surf-led apparel business Billabong “ignores the reality of the situation”, according to the company’s chairman.


Billabong sells West 49 chain to YM

Katie Smith | 4 Nov 2013

Struggling Australian surfwear company Billabong is to sell its West 49 chain in Canada to apparel retailer YM Inc, ending months of speculation.


Fogliato exits Billabong for Columbia Sportswear

Katie Smith | 26 Sep 2013

Billabong's general manager for Europe, Franco Fogliato, has been named the latest executive to leave the Australian surfwear company, and is headed to outdoor apparel and footwear firm Columbia Sportswear.


Billabong takes rival bid, ex-Eddie Bauer boss CEO

Richard Woodard | 19 Sep 2013

In an unexpected move, surf-led apparel business Billabong has secured a long-term funding package from a rival consortium of two private equity businesses and named the former boss of Eddie Bauer as its new CEO.


Billabong faces calls for board shakeup

Leonie Barrie | 2 Sep 2013

Struggling Australian surfwear company is facing calls for a board shakeup from one of its largest shareholders, in a move that could cloud a deal to finalise the company's long-term funding arrangements.


Billabong losses widen to AUD859.5m

Petah Marian | 27 Aug 2013

Australian surfwear brand Billabong has seen its losses worsen as it works to refinance its debt.


Billabong financing terms rewritten

Petah Marian | 21 Aug 2013

Altamont Capital Partners has revised its long term financing agreement with troubled surfwear brand Billabong to gain approval from the Australian Takeovers Panel.


Billabong names acting CEO as Olivet waits

Leonie Barrie | 5 Aug 2013

Australian surfwear brand Billabong is paving the way for Scott Olivet, the former boss of Oakley, to take over as its new chief executive following the departure of Launa Inman on Friday (2 August).


Billabong completes refinancing, DaKine sale

Petah Marian | 23 Jul 2013

Billabong has today (23 July) completed the sale of its DaKine brand and refinancing with the Altamont consortium, despite an 11th hour rival bid.


Billabong lenders try to stop US$294m refinancing

Leonie Barrie | 19 Jul 2013

A US$294m refinancing deal announced this week by Billabong has been described as "anti-competitive and coercive" by the Australian surfwear brand's current lenders.

Latest blogs

Innovating to drive long-term growth

Leonie Barrie | 2 Sep 2013

Building on plans set out three years ago to generate growth by giving its apparel a competitive edge, VF Corporation is to create three global innovation centres to speed the development of "game-changing" products in technical apparel, footwear and jeans.

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