Billabong (company)
| Billabong International Limited
|
|
|---|---|
 |
|
| legal form | Corporation |
| founding | 1973, Gold Coast (Australia) |
| Seat | Burleigh Heads , Australia |
| management | Derek O'Neill ( CEO ) |
| Number of employees | ~ 6,000 (2011) |
| sales | 1.119 billion AUD 770 million euros (2014) |
| Website | www.billabongbiz.com |
Billabong is an Australian fashion company that makes clothing and accessories for surfing , skating and snowboarding . In addition to its own products, Billabong also sells those of the sports equipment manufacturers Palmers Surf , Honolua Surf , Von Zipper , Kustom footwear , Nixon Watches and Element Skateboards, which it has bought over the years .
history
The company was founded on the Gold Coast in 1973 by Gordon and Rena Merchant and named after the Aboriginal word for waterhole or oasis . In August 2000, Billabong was listed on the Australian Securities Exchange . In 2006, the company's sales totaled approximately 1.0 billion Australian dollars . In 2014, the company had sales of around 1.12 billion AUD and EBITDA was around 52.5 million. As of February 2012, Billabong has 677 company-owned stores worldwide.
In late 2011, Billabong ran into financial difficulties. As a result, Billabong closed over 150 stores and sold many of its brands, such as the watch brand Nixon , the online retailers Swell and SurfStitch. In 2013, the Dakine brand was sold. Billabong itself took over more and more shares in various private equity companies. In 2014 Centerbridge Partners and Oaktree Capital Management held a total of 40.8% of the shares in Billabong.
In 2018, Billabong was taken over by Boardriders and taken off the stock exchange .
Acquired companies
- 2001: From Zipper
- 2002: Element
- 2004: Kustom footwear and Palmers Surf
- 2006: Nixon Watches
- 2007: Xcel and Tigerlily
- 2008: Dakine (sold again in 2013)
Web links
Individual evidence
- ↑ Corporate Overview . Billabong. Retrieved May 28, 2012.
- ↑ Billabong End of year result, 30th June 2014
- ↑ Amount converted at the rate at the end of the financial year on June 30, 2014
- ↑ Cynthia Koons: Billabong Basks in Takeover Interest . In: The Wall Street Journal , p. B7.
- ^ Full Year Report 2006. Archived from the original on November 18, 2006 ; accessed on May 13, 2015 .
- ^ Manning, Maria: Strategic Capital Structure Review Update (PDF) Billabong International Limited. S. 3. February 17, 2012. Retrieved February 17, 2012.
- ↑ Billabong's wipeout is a tragedy of errors , at www.brisbanetimes.com.au , accessed on September 29, 2018
- ↑ Billabong to ax 400 jobs in major revamp , at www.smh.com.au , accessed September 29, 2018
- ↑ a b Billabong Eyeing Sale of e-commerce sites , on www.wwd.com , accessed on September 29, 2018
- ↑ Olivier Guyot: Billabong separates from Dakine and receives new CEO. fashionmag.com, July 17, 2013, accessed September 29, 2018 .
- ↑ Billabong agrees to $ 380 million takeover by US company that owns Quiksilver , at www.abc.net.au , accessed September 29, 2018
- ↑ Billabong Buys Von Zipper ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ^ Billabong International Buys Element ( Memento of January 13, 2008 in the Internet Archive )
- ↑ Billabong Purchases Australian Shoe Brand Kustom ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ↑ Billabong Acquires Nixon ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ↑ Australia's Billabong buys US surf gear retailer Xcel
- ^ Billabong acquires Tigerlily brand
