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Billabong begins sell-off of smaller brands

27/02/2017
Billabong begins sell-off of smaller brands

Surf and ski brand Billabong has agreed to sell its Tigerlily swimwear business to Crescent Capital Partners. The company said the transaction is in line with its strategy to simplify its brand portfolio. Billabong announced in November 2016 that Tigerlily was among the brands it planned to divest. Others slated for sale include VonZipper and...

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