Billabong yesterday posted a net loss of $77.1 million for the year to June — a blowout from the $23.7 million loss it sustained a year earlier. Chief executive Neil Fiske said swimwear in its ...

Billabong is a very acquisitive sporting goods company, says Chris Kampe, managing director with investment firm Tully & Holland. “Most of its deals have been in performance apparel and equipment ...

Billabong did not reveal what it will pay for the operation, but said the acquisition would be profitable in the first year. Tigerlily is expected to contribute less than 1 per cent of group sales ...

Meanwhile a misstep in its Billabong brand women's swimwear - selling print-heavy designs after tastes had shifted to solid, natural colours and different cuts - hurt sales. "I think we played it ...

Billabong, which owns a portfolio of surf ... Other brands within the company's fashion stable also suffered. Tigerlily, a swimwear label established by Jodhi Meares, fashion designer, one ...