Board Europe - EuroSIMA - European Surf Industry Manufacturers Association. Global partnership promises entertainment and access to exclusive experiences for consumers and fans Surfersvillage Global Surf News, 4 February, 2012 : - - Sony Ericsson today announced an expanded global strategic alliance with Billabong, a brand that promotes an authentic lifestyle and the true values of core boardsports (surfing, snowboarding, skateboarding and wakeboarding), which connects the Xperia smartphone brand to a new and highly influential consumer audience and extends to a retail offering for smartphone users.
At the center of the partnership is the XperiaTM active Billabong Edition smartphones designed with extreme sports enthusiasts in mind. "Billabong brings a new, enthusiastic and engaging audience who are early technology adopters and influencers in the areas of sports and technology,"said Stephan Croix, VP Head of Global Marketing Creation for Sony Ericsson. "This partnership is a perfect fit with our brand and the XperiaTM range of smartphones. " European Surf Industry Manufacturers Association. Joel Parkinson © ASP Billabong goes global with 'Life's Better in Boardshorts' campaign Surfersvillage Global Surf News, 16 February, 2012 : - - Life’s Better in Boardshorts, a Billabong initiative designed to capture the moments that enrich our individual summer experiences, has officially gone into launch mode.
The interactive project calls on people to use the Instagram app to take a photo of whatever it is that makes their life better and then upload the image to a communal gallery at billabong.com/lifesbetter. The payoff for sharing the photo is twofold. Each entry is eligible for prize packs that include everything from clothes to a surf trip but — more importantly — Billabong will make a $1 donation for each photo received to make life better for some less fortunate members of our global community. Beach lifestyle lovers of all ages can visit billabong.com/lifesbetter to see what all the buzz is about and start sharing their own stories.
Board Europe - EuroSIMA - European Surf Industry Manufacturers Association. Reported global sales revenue of $847.2 million is up 6.3% Surfersvillage Global Surf News, 17 February, 2012 : - - Billabong International Limited today announces its financial results for the six months ended 31 December 2011.
Reported global sales revenue of $847.2 million is up 6.3% in constant currency terms (up 1.5% in reported Australian dollar (AUD) terms) compared to the prior corresponding period (pcp). Excluding the impact of acquisitions, sales were down 2% in constant currency terms. Earnings before interest, tax, depreciation and amortisation (EBITDA) of $74.1 million is down 18.3% in constant currency terms (down 21.7% in reported AUD terms compared to the pcp). The lower EBITDA was driven, in particular, by factors including:‐ lower than anticipated sales in the important trading periods of November and early December in Europe and Australia leading to lower gross profit on a higher fixed cost base; ‐ good retail sales growth in company owned stores in the US; Billabong's wipeout is a tragedy of errors - National News - National - General - Manning River Times.
The once popular brand has lost its mojo and sense of identity.
See your ad here. Billabong rejects new offer. Billabong's directors say a $4 offer 'would still represent a discount on the true value of Billabong's shares'.
Photo: Glenn Hunt TAKEOVER talks between Billabong and private equity group TPG Capital collapsed yesterday after the surfwear retailer's founder and largest shareholder, Gordon Merchant, effectively scuttled attempts to broker a deal. In a sign of the divisions at board level, lawyers representing Mr Merchant and fellow Billabong director Colette Paull sent a letter to the rest of the board on Monday stating they did not support Billabong assisting TPG Capital, even if it made an offer of $4 a share.
In excerpts of the letter released by Billabong yesterday, Mr Merchant and Ms Paull said even a $4 offer ''would still represent a discount on the true value of Billabong shares''. Earlier on Monday, Billabong's board had rejected TPG's $3-a-share offer, valuing the company at $765 million, and pressured the private equity group to raise its bid. Marchés : TPG surfe sur la chute de l'action Billabong en bourse. (Boursier.com) — La marque australienne de vêtements issus du monde de la glisse Billabong a confirmé avoir été approchée par le fonds TPG en vue d'un rachat à 765 Millions de Dollars Australiens (environ 628 Millions d'Euros), soit 3 Dollars Australiens par action.
Des rumeurs circulaient cette semaine sur un intérêt de l'investisseur pour ce groupe dont les revenus pour l'exercice clos le 30 juin dernier ressortaient à 1,685 MdAUD, pour 119,1 MAUD de bénéfice net. Billabong consent à étudier les nouvelles avances de TPG Capital. Le Billabong J-Bay rétrogradé : Planète Surf. Billabong juge l'offre de TPG Capital insuffisante. Billabong refroidit les ardeurs de TPG Capital. Le feuilleton continue autour du groupe de marques de glisse australien.
Après avoir décliné l’offre de reprise du fonds d’investissement TPG Capital de 3 dollars par action, deux membres du "board" précisent aujourd’hui qu’ils ne signeraient pas, même à 4 dollars par action. Passé un délai de 40 jours, l'article n'est consultable que par les membres Premium.