Billabong International
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Boardriders completes Billabong acquisition
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.
Boardriders takeover gets court approval
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.
Billabong shareholders approve Boardriders takeover
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.
Billabong warning as widens H1 net loss
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.
Boardriders acquires Billabong International
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.
Billabong shares soar on US$150m takeover bid
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.
Billabong taps Nordstrom exec Howell as finance chief
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.
Billabong optimistic despite widening H1 losses
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.
Billabong to sell Tigerlily for AUD60m
Australian surfwear company Billabong International has revealed plans to sell its Tigerlily swimwear brand for AUD$60m (US$46.1m).
Billabong looks to sell off smaller brands
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.
Billabong pays AUD45m to settle class action suit
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.
Billabong International sells Sector 9 for $12m
Australian surfwear company Billabong International is to sell its skate hardware brand Sector 9 for US$12m.
Billabong moves to H1 loss on US weakness
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.
Billabong US head Leasure to retire
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.
PrimaLoft unveils new insulation for outdoor wear
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.
Billabong shares fall as margins under pressure
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.
Top stories this week on just-style...
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.
Supply chain improvements to save Billabong $30m
Australian surfwear company Billabong says it is “making good progress” in its turnaround efforts after posting its first full year profit since 2011 – and has now set its sights on yet more savings from supply chain improvements.
Billabong first annual profit in four years
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.
Billabong returns to profit in H1
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
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.
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 heavy promotional activity in order to keep sales up. Subsequently, however, margins and earnings were hit. As a result, a large number of firms were forced to carry out strategic reviews on their business operations in order to turn their businesses around. Here are some of those that just-style has reported on this year.
AUSTRALIA: Billabong reveals supply chain appointments
Australian surfwear brand Billabong has tapped two industry veterans to drive its global supply chain strategy.
AUSTRALIA: Billabong FY loss dips on turnaround
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.
AUSTRALIA: Billabong sells online surfwear assets
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.
AUSTRALIA: Billabong names Streader global chief operating officer
Supply chain and operations specialist Jeff Streader has been named global chief operating officer (COO) of action sports and surfwear brand Billabong.
AUSTRALIA: Billabong expands men's team
Australian surfwear brand Billabong has appointed Mark Weber as vice president of men's global merchandising and design.
In the money: 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 corporate structure as part of its strategy to accelerate growth.
US: Costs weigh on Billabong H1
Australian surfwear brand Billabong has booked its fourth consecutive half-yearly loss as reconstruction costs and weakness in its international operations weighed on earnings.
AUSTRALIA: Billabong considers sale of e-commerce units
Billabong has said it will consider selling its e-commerce businesses as the struggling Australian surfwear brand continues with its ongoing turnaround efforts.
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