News

Billabong reports big loss, but buyers still preparing to bid

27/02/2013

Australian sports apparel brand Billabong has reported a large loss for its half year results to December 31, 2012. Its net loss for the six-month period was $546.7 million. It said that due dilligence into its operations by two groups interested in purchasing Billabong were ongoing. The two groups, one a combination of clothing group VF...

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