March 1st, 2016

Billabong Back Into The Red – Will They Go Private

“Billabong International has slumped back into the red, losing $1.6 million in the December half, after posting losses in North America and weaker than expected profits in the Asia-Pacific region.” – Sydney Morning Herald

“Now that Billabong has a stable leadership team and a strong bench in the Americas group, he knows the business is in good hands, he told SES in an interview today.” – SES

“After getting into the business to surf more, I’m now stepping back from the business to surf more.” – Ed Leasure / SMH (Billabong CEO – leaving the sinking ship)

billabong-in-the-red

Tags: , , , , ,