Billabong has outlined a turnaround strategy based on closing stores and simplifying its business after recording a $275.6 million loss for …
Billabong has outlined a turnaround strategy based on closing stores and simplifying its business after recording a $275.6 million loss for …
Despite the cold and dark, I am an early riser; I paddle and train at around 5.30am many mornings and my favourite departure time when I fly…
TPG has been granted permission to conduct due diligence on Billabong, following an offer from the private equity group to buy the strugglin…
The problems of a founder’s continued involvement with a company when they should have long ago left have been thrown into stark reality b…
More than 650 retail store closures have been announced since the beginning of the year, and more than 1,600 workers left without jobs – t…
The trouble with company founders is that they love their businesses too much. And so it has proved with Gordon Merchant, the founder and…
Shares in troubled Aussie surf wear icon Billabong International plunged nearly 50% after coming out of a trading halt this morning. Its …
A few weeks ago I predicted that a lot of companies would follow online ads giant Seek and go to the market to raise capital to help them re…
Gordon Merchant’s bioplastics company Plantic Technologies is expecting a 500% increase in sales and hopes to turn a profit for the first ti…
The Commonwealth Bank has recorded a $1.7 billion profit for the three months to March, although warns the outlook for the global economy st…
In 2008, Billabong was Australia’s hardest working brand. Last week, its board sacked long-time Billabong insider and CEO Derek O’Neill, a m…
Billabong shocked the market yesterday when it announced former Target chief Launa Inman will take over from Derek O’Neill as chief execut…
