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Billabong Makes Announcement After Strategic Review

   Posted by: admin   in Fashion, Misc.

Billabong International Ltd has announced a swathe of job cuts, store closures and the sale of part of a key asset after posting a large fall in profit in the first half.

Shares in the surfwear retailer and manufacturer surged on coming out of a trading halt, lifting over 60 per cent immediately after reinstatement.

At 1330 AEDT, Billabong shares were trading   …  More

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This entry was posted on Thursday, February 16th, 2012 at 8:57 pm and is filed under Fashion, Misc.. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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