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Billabong International

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Troubled Australian surfwear brand Billabong has said its turnaround plan will be a multi-year process as it revealed details of a new corporate structure as part of its strategy to accelerate growth.

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

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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.

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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.

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.

Boardriders Inc, a global action sports and lifestyle company that owns the Quiksilver, Roxy, and DC Shoes brands, has completed its acquisition of embattled Australian surfwear brand Billabong International.

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Embattled Australian surfwear brand Billabong has applied for its shares to be suspended from trading on the Australian Securities Exchange (ASX) following court approval of its acquisition by Boardriders Inc.

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Shareholders of embattled Australian surfwear brand Billabong have voted in favour of an acquisition by Boardriders Inc, the global action sports and lifestyle company that owns and operates the Quiksilver, Roxy, and DC Shoes brands.

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Struggling Australian surfwear company Billabong International has warned it cannot carry on with business as usual unless a takeover by Boardriders Inc goes ahead, after it reported a wider net loss in the first half.

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Boardriders Inc, a global action sports and lifestyle company that owns and operates the Quiksilver, Roxy, and DC Shoes brands, is to acquire embattled Australian surfwear brand Billabong International.

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Shares in embattled Australian surf wear brand Billabong International have jumped 22% today (1 December) after it said it has received a takeover bid from Boardriders, the company behind rival Quiksilver.

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Australian surfwear company Billabong International has named former Nordstrom executive Jim Howell as CFO, succeeding Peter Myers, who has served in the role since January 2013.

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Australian surfwear company Billabong International has offered an optimistic outlook and reaffirmed its profit outlook, despite widening its net loss in the first half and booking lower sales.

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Australian surfwear company Billabong International has revealed plans to sell its Tigerlily swimwear brand for AUD$60m (US$46.1m).

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Australian surfwear company Billabong International is looking to sell some of its smaller labels in a bid to focus on its three "big brands" — Billabong, RVCA and Element – and drive down debt.

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Australian surfwear company Billabong International is to pay AUD45m (US$34.3m) to settle a class action lawsuit relating to the collapse of its share price five years ago.

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Australian surfwear company Billabong International is to sell its skate hardware brand Sector 9 for US$12m.

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Australian surfwear company Billabong has moved to a loss in its first-half as a result of declines in North America and a weaker Australian dollar. 

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Ed Leasure, the head of the US division for Billabong is to retire after nine years with the Australian surfwear company, just months after the company revealed subdued trading in the region. 

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Materials science business PrimaLoft has developed PrimaLoft Gold Insulation Active, which is said to offer a breathable four-way stretch performance and unmatched warmth during outdoor activities.

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Billabong saw its share price plummet this week after it revealed sales and margins in its new financial year have come under pressure from the weaker dollar and subdued trading in North America. 

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The most-read stories on just-style this week include a look at H&M's efforts to scale up its fair living wage efforts to key suppliers, Myanmar's approval of its first minimum wage for garment workers, and why the world garment trade was transformed in August.

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Australian surfwear brand Billabong has booked its first annual profit in four years, with the benefit of its efficiency measures expected to be seen over the course of the next fiscal.

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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.

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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.

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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.

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

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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.

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.