Australia’s Billabong Faces Possible Class Action Lawsuit

Billabong's 'Made for Living' campaign | Source: Billabong

SYDNEY, Australia — Law firm Slater & Gordon Ltd said on Thursday it was preparing a class action lawsuit against Australian surfwear company Billabong International Ltd over alleged misleading conduct in information disclosure.

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Sneakerboy’s Luxury Retail Revolution

Sneakerboy | Photo: March Studio

With the launch of Sneakerboy, Chris Kyvetos, a member of the recently launched BoF 500, is targeting a new generation of luxury consumers with a highly covetable selection of sneakers and an innovative digital retail model that blends the tactility of a physical store with the efficiencies of the Internet.

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Billabong Accepts Refinancing Offer From Centerbridge, Oaktree

Billabong Colour of Love Campaign | Source: Billabong

GOLD COAST, Australia — Billabong International Ltd., the unprofitable Australian surfwear company, accepted a refinancing proposal from a group including Oaktree Capital Management LP and Centerbridge Partners LP, saying it offered better terms than a rival plan to repay debt.

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