Billabong
Australian clothing brand
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| February 2 2025 | Liberated Brands, owner of Billabong retail stores in the US, filed for Chapter 11 bankruptcy protection. The company announced the closure of all remaining Billabong locations in the US, with liquidation sales to begin shortly after. Authentic Brands Group retains ownership of the brands. |
| September 2023 | The takeover of Boardriders, Inc. by Authentic Brands Group was finalized, completing the acquisition of Billabong and its associated brands. |
| April 2023 | Authentic Brands Group made a binding offer to acquire Boardriders, Inc. (including Billabong) from Oaktree Capital Management for US$1.25 billion. |
| 2018 | Billabong International Limited was acquired by Boardriders, Inc, the owner of rival brand Quiksilver, signaling a major change in the company's ownership. |
| January 2017 | Matthew Perrin was sentenced to jail following his conviction for fraud and forgery in the previous year. |
| December 2016 | Chief executive Matthew Perrin was found guilty of fraud and forgery by a jury in the Brisbane district court. |
| 2015 | Billabong returned to profitability with a net profit after tax of around A$25.7 million, marking its first profitable year since 2011. |
| 2014 | Billabong successfully completed its corporate turnaround strategy, returning the company to profitability after a period of decline since 2008. |
| August 27 2013 | Billabong reported global sales of A$1.34 billion, which were down 13.5% for the 2012-2013 period, with the Billabong label deemed 'essentially worthless'. |
| December 31 2011 | For the six months ending 31 December, Billabong experienced a significant 71% drop in net profit to A$16.097 million. |
This contents of the box above is based on material from the Wikipedia article Billabong (clothing), which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.