The July issue of TransWorld Business features an exclusive look at 2010 swimwear. Get a sneak peek at what top designers will be offering and stay tuned throughout July as Biz brings you our summer product extravaganza showcasing all the latest trends in swimwear, sunglasses, watches, and headphones.
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Billabong has selected software vendor NGC (New Generation Computing(r)), to handle its product lifecycle management, global sourcing, and visibility.
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ZJ Boarding House will be hosting its annual Summer Kick Off Sale this Saturday, June 27 as well as celebrating the opening of Billabong and Hurley partner stores in the two additional spaces ZJ’s formerly occupied. Here’s what Co-Owner Todd Roberts had to say about the new partnerships.
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According to reports from The West.com.au, Billabong raised $230 million from institutions and an additional $61 million from an oversubscribed 11-for-two share retail rights issue. The article says that Billabong plans to use the money to reduce debt.
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3rd Annual Billabong Design For Humanity Event Will Combine Fashion, Music and Art to Benefit Charity:Water. Check it out!
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I’m assuming you’ve already seen the news. Billabong had predicted in February that earnings for the year ending June 30, 2009 would be six to ten percent higher than the previous year’s AU$ 176.4 million. They reduced that yesterday to between AU$ 160 and AU$ 165 million, blaming conditions in the US market.
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Broaden your horizons with the issues shaping action sports from around the world.
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Billabong announced today that the company expects to report a full-year net profit in the range of $160-$165 million (ASD) for the year ending June 30—down from $176.4 million (ASD) in 2007-08.
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After halting trading of its stock late last week, Billabong announced a rights offering to help pay down debt and lowered its profit forecast.
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Tune in to “The Daily Habit” Thursday, May 14, 2009 to check out Scotty Lago and some great music!
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