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AUSTRALIA: Billabong issues profit warning as sales slump

19 December 2011

Shares in Australian surf wear brand Billabong were hit today as the company warned of slowing sales trends.

AUSTRALIA: Billabong to implement Lawson fashion software

30 September 2011

Australian-based boardsports maker Billabong International Limited is to implement the Lawson fashion solution to help improve its global supply chain operations and efficiency.

US: Volcom appoints CEO of Volcom Australia

24 March 2011

US apparel firm Volcom has announced that Dougall Walker has joined the company as chief executive officer of Volcom Australia.

Japan earthquake: apparel industry impact

21 March 2011

In the wake of the massive earthquake, tsunami and nuclear power plant explosions which have devastated many areas in the north of Japan, first thoughts are of course with the millions of people caught up in the tragedy. But there is a commercial cost to be considered too - including its possible impact on the apparel industry.

AUSTRALIA: Billabong profits hit by currency effects

21 February 2011

Australian surfwear firm Billabong has reported sinking first-half profits - citing a "very weak retail environment in Australia".

Speaking with style: Anthony Corsano, CEO, Anvil Knitwear

29 October 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.

AUSTRALIA: Billabong to buy 38 surfwear stores

1 October 2010

Surfwear retailer Billabong International Limited today (1 October) said it has agreed to buy 38 stores, including the Surf Dive 'n' Ski (SDS) and Jetty Surf retail banners, from the General Pants Group.

CANADA: West 49 completes sale to Billabong

1 September 2010

Action sports retailer West 49 has told the Toronto Stock Exchange it has successfully completed its sale to Billabong International.

CANADA: Shareholders back West 49 sale

25 August 2010

Stockholders in action sports retailer West 49 have overwhelmingly backed plans to sell the company to surfwear business Billabong International.

AUSTRALIA: Billabong to buy Rush Surf retail chain

20 August 2010

Surfwear retailer Billabong International is to buy the 36-door Rush Surf retail chain in Australia.

AUSTRALIA: Billabong eyes growth as FY profit falls 4.5%

20 August 2010

Australian surfwear retailer Billabong International today (20 August) booked a 4.5% drop in full-year net profit after sales were hit by the continued appreciation of the Australian dollar, but said it sees earnings growth in the year ahead.

CANADA: West 49 gets approval to consider Billabong bid

23 July 2010

Canadian retailer West 49 has received an interim order from the Ontario Superior Court of Justice to proceed with a special meeting to consider being acquired by surfwear firm Billabong International.

CANADA: Zumiez pulls out of West 49 bid

14 July 2010

US sporting goods firm Zumiez has pulled out of the race to buy Canadian action sport retailer West 49 Inc after saying the two companies failed to agree on the terms of the due diligence process.

AUSTRALIA: Billabong to buy US apparel brand RVCA

12 July 2010

Australian clothing firm Billabong International Limited is to buy US youth apparel brand RVCA for an undisclosed sum.

CANADA: Zumiez outbids Billabong for West 49

12 July 2010

Another bidder has stepped into the ring to buy Canadian retailer West 49 Inc after the CAD99.0m (US$93.5m) tabled last month by Billabong International was beaten by a higher offer from US sporting goods chain Zumiez.

AUSTRALIA: Billabong to buy Canada's West 49 for US$93.5m

30 June 2010

Australian clothing firm Billabong International Limited is to expand in Canada after agreeing to buy West 49 Inc, one of its retail partners in the country, for CAD99.0m (US$93.5m).

INDONESIA: Billabong sued for $153m by ex-licensee

9 March 2010

Australian surfwear brand Billabong International is being sued by its former Indonesian licensee, CV Bali Balance (CVBB), over allegations the termination of its licence in 2005 was invalid.

AUSTRALIA: Billabong H1 profit drops 15% as sales fall

19 February 2010

Surfwear maker Billabong International Ltd today (19 February) posted a 15% drop in first-half profit, but said it continues to perform to expectation in a difficult global retail environment.

AUSTRALIA: Billabong to acquire stake in Surfstitch

23 December 2009

Surfwear group Billabong International Limited is to buy a stake in Australia’s leading online boardsports retailer, Surfstitch, for an undisclosed sum.

AUSTRALIA: Billabong to buy US online retailer

24 November 2009

Surfwear group Billabong International Limited is to buy US-based online boardsports retailer swell.com for an undisclosed sum.

AUSTRALIA: Billabong posts 9.2% FY profit slump

21 August 2009

Surfwear brand Billabong International has reported a 9.2% fall in net profit for the 2009 fiscal year, hit by a "steep slowdown in consumer spending".

AUSTRALIA: Billabong picks NGC PLM solution

1 July 2009

Surfwear company Billabong has chosen NGC (New Generation Computing) to provide software solutions for its PLM and global sourcing activities.

AUSTRALIA: Billabong completes A$291m capital raising

16 June 2009

Surfwear company Billabong has completed its A$291m (US$233m) capital raising programme after the retail component of the offer closed well over-subscribed.

CANADA: West 49 narrows Q1 loss on higher sales

11 June 2009

West 49 Inc, one of Canada’s leading action sport retailers, has narrowed its first quarter net loss thanks to higher sales and margins and lower expenses.

AUSTRALIA: Billabong cuts FY estimates on US slowdown

19 May 2009

Billabong has downgraded its full year profit estimates as the recession in the US bites into the company's earnings.

AUSTRALIA: Billabong buoyant despite 7% drop in H1 profit

20 February 2009

Surfwear maker Billabong International today (20 February) said it is on track to post full-year earnings per share growth of between 6% and 10%, despite reporting a 7.1% drop in first half profit.

AUSTRALIA: Billabong lowers FY earnings outlook

4 December 2008

Surfwear maker Billabong International Ltd has lowered its full year earnings guidance in response to what it describes as “a further deterioration in trading conditions” in the US.

AUSTRALIA: Billabong lifts FY forecast on slumping dollar

29 October 2008

Surfwear maker Billabong International Ltd yesterday (28 October) upgraded its guidance for the current financial year to 12% to 16% earnings per share growth, helped by the slumping value of the Australian dollar.

US: Adrenalina signs children’s footwear license

17 July 2008

Extreme sports retailer Adrenalina has signed as exclusive licensing agreement to sell Adrenalina-branded children’s footwear.

AUSTRALIA: Billabong acquires US retail partner

13 June 2008

Billabong International Limited is to buy the retail operations of Quiet Flight, one of its key retail partners on the US east coast.

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