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AUSTRALIA: Billabong requests voluntary share suspension

9 May 2013

Australian surfwear brand Billabong has requested a voluntary suspension of trading in its shares so it can progress takeover discussions with interested parties.

AUSTRALIA: Billabong in trading halt ahead of update

7 May 2013

Australian surfwear brand Billabong has placed its shares in another trading halt today (7 May) ahead of an update regarding the potential sale of the business.

AUSTRALIA: Billabong extends talks with Sycamore Partners

24 April 2013

Billabong has extended exclusive talks with Sycamore Partners and former Americas boss Paul Naude to consider the potential sale of the Australian surfwear brand.

AUSTRALIA: Billabong in exclusive talks as bid cut to AUD287m

9 April 2013

Australian surfwear brand Billabong will enter ten days of exclusive talks with a consortium led by the former boss of the brand's America's division after the group cut its bid by 45% to AUD0.60 per share.

just-style's most read stories this week...

5 April 2013

The most read stories on just-style this week include a look at apparel software trends, concerns that a recent surge in cotton prices is due to China building its reserves, and PVH's surprise that integration of Warnaco will cost more than initially expected.

AUSTRALIA: Billabong suspends shares as it extends talks

4 April 2013

Billabong has indefinitely suspended its shares from trading as it continues takeover talks with its two suitors.

AUSTRALIA: Billabong halts trading as takeover talks continue

2 April 2013

Australian surfwear brand Billabong has halted trading in its shares while negotiations continue with its two suitors.

AUSTRALIA: Billabong halts trading as share price plummets

21 March 2013

Australian surfwear brand Billabong halted trading in its shares today (21 March) after its share price plummeted 14.2% on concerns about a potential takeover offer expected next week.

AUSTRALIA: Billabong to axe suppliers following H1 loss

22 February 2013

Struggling Australian surfwear brand Billabong International has swung to a first-half loss after writing off the value of its brands - and says that from next month it intends to slash the number of apparel suppliers that it uses to less than one-fifth of the current total.

just-style's most read stories this week...

18 January 2013

The most read stories on just-style this week include a look at how sourcing is going to be in 2013, a spotlight on why buyer interest in Billabong has not yet turned into a deal, and M&S extending its RFID tagging programme to all clothing and homeware products in its 700 stores.

Spotlight on...What's wrong with Billabong?

16 January 2013

For all of the suitors circling Billabong, the Australian surfwear brand is yet to see much action. With four bidders showing interest over the past year, Petah Marian looks at why none of the interest has so far turned into a deal.

AUSTRALIA: VF Corp launches rival bid for Billabong

14 January 2013

Australian surfwear brand Billabong has received a rival bid for the brand from VF Corp and private equity firm Altamont Capital Partners, which matches an offer from US boss Paul Naude and Sycamore Partners.

AUSTRALIA: Billabong names Myers as CFO

11 January 2013

Australian surfwear brand Billabong has appointed Peter Myers as group chief financial officer, replacing Craig White who resigned last month.

AUSTRALIA: Billabong opens books to latest bidders

2 January 2013

Australian surfwear brand Billabong has opened its books to a consortium comprising the company's former head of its Americas business.

AUSTRALIA: Billabong CFO White resigns

20 December 2012

Craig White, chief financial officer of Billabong, has resigned from the Australian surfwear brand as it mulls a AUD524m (US$549.8m) takeover bid.

AUSTRALIA: Billabong warns on profit as $524m bid confirmed

19 December 2012

Australian surfwear brand Billabong today (19 December) confirmed details of a AUD524m buyout bid - but shares fell 13.3% after the company issued another profit warning.

INDIA: Billabong inks distribution deal with Arvind

12 December 2012

Australian surfwear brand Billabong has signed a distribution agreement with Arvind Lifestyle Brands, a subsidiary of Indian textile and apparel major Arvind Ltd.

AUSTRALIA: Billabong director mulls buyout bid

19 November 2012

Australian surfwear brand Billabong has seen its share price jump after the head of its Americas business temporarily stepped aside to explore a potential buyout of the company.

AUSTRALIA: TPG Capital drops Billabong bid

12 October 2012

Private equity firm TPG Capital has withdrawn its bid for Australian surfwear brand Billabong.

AUSTRALIA: Billabong appoints Pollard as chairman elect

9 October 2012

Australian surfwear brand Billabong has appointed Ian Pollard as a director and chairman elect of its board.

AUSTRALIA: Billabong says takeover talks still ongoing

4 October 2012

Australian surf and skatewear retailer Billabong International has released a statement saying that takeover talks are still ongoing with TPG Capital, after an Australian newspaper reported the private equity firm was considering pulling out.

AUSTRALIA: Unnamed party drops out of Billabong bid

20 September 2012

Billabong International today (20 September) said TPG Capital is the only firm still considering a possible takeover bid for the Australian surf and skatewear retailer after a second, unnamed, party pulled out.

AUSTRALIA: Billabong receives rival takeover approach

6 September 2012

Australian surfwear brand Billabong has received a rival takeover approach from an unnamed party, offering A$1.45 a share.

AUSTRALIA: Loss-making Billabong unveils new strategy

28 August 2012

Surfwear business Billabong has unveiled a four-year transformation strategy after recording a full-year loss of A$275.6m in the 12 months to 30 June.

just-style's research roundup

30 July 2012

Featured reports from just-style's research store this week include the prospects for India's texile and clothing industry, a look at footwear in Malaysia and SWOT analyses on Billabong and Gap Inc.

AUSTRALIA: Billabong opens books to TPG Capital

27 July 2012

Billabong has agreed to open its books to private equity firm TPG Capital, but said it does not believe the AU$694m bid reflects the "fundamental value" of the Australian surfwear brand.

AUSTRALIA: TPG Capital in renewed bid for Billabong

24 July 2012

Billabong has received a second offer from private equity firm TPG Capital at a much lower price than previously offered for the Australian surfwear brand.

US: Nike in rumoured Billabong bid

26 June 2012

Sporting goods giant Nike is rumoured to be a potential buyer of Australian surfwear brand Billabong.

AUSTRALIA: Billabong shares plunge after rights issue

25 June 2012

Shares in Billabong nearly halved in trading today (25 June) as the market reacted to another profit warning on Friday and news that the surfwear retailer intends to raise AU$225m (US$228m) by selling new shares at a discounted price.

AUSTRALIA: Billabong seeks capital injection as trading worsens

21 June 2012

Billabong is looking to raise some AU$225m (US$228m) through a share issue after the Australian surfwear brand put out another profit warning amid deteriorating trading conditions.

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