<html>While surfers cry out for endless summer, for surfwear company Billabong International Ltd.,7 Sites You Should Be Wasting Time On Right Now, it looks like the sun is going to slowly but surely set.<br><br>For the Australian surfwear brand,Fifty years later, is Martin Luther King’s dream fulfilled- – Amanpour_4, losses of $760 million accompanied a fall in market share by three times its former worth. While the last fiscal year showed staggering losses at around $247 million,How much for that tooth- Inflation hits tooth fairy, Billabong still lost more than the $490 million the brand was projected lose.
Even at home, the Gold Coast company struggled to rally support with its consumer base,JJ’s restaurant is still gone, but its part, losing out within its own market as warm weather crowded out possible winter apparel sales.
The company's combined brands were worth around $550 million at the end of 2011, but have shrunk to a crippling $81 million at the end of June,Missing man found alive in creek bed_0, causing the company to state that the "Billabong brand itself was worthless."<br><br>[via ]<br><br>Stay Connected with Complex Style</html>
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Surf Brand Billabong "Worthless"
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Posted 12 years ago #
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