News

Billabong optimistic despite sales dip

03/03/2017

Surf and ski brand Billabong reported sales of A$508.3 million ($384 million) during the second half of 2016, a 9.5% drop on the same period of the previous year. It suffered a net loss after tax of A$16.1 million ($12.2 million), but said this was in line with expectations.  Despite this setback, the CEO of Billabong, Neil Fiske, said a “strong ...

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