News

Billabong looks to sell smaller brands

23/11/2016

Surf and ski brand Billabong plans to divest some of its smaller brands, including Tigerlily, VonZipper and Xcel, in order to pay off around $200 million in debt and to streamline its operations.  The company reported a net loss of $17.5 million in the 2016 fiscal year, despite sales growth across its largest brands. Total sales for the year were ...

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