Billabong Rating Cut at Four Brokers After Surfwear Maker Lowers Forecast May 19, 2009
Australias largest surfwear maker, was cut to the lowest rating by at least four brokers after reducing its profit forecast. The stocks rating was cut to sell by Royal Bank of Scotland Group Plc, underweight by JPMorgan Chase & Co., and underperform by both Macquarie Group Ltd. and Credit Suisse. (Bloomberg -- Australia & New Zealand)
Billabong set to make waves as shares return May 18, 2009
THE surfwear company Billabong International is expected to report a mixed picture on its global sales performance when it updates the sharemarket today about its financial outlook. Billabong took investors by surprise last Thursday when it placed its shares in a trading halt pending an announcement about how well its business was tracking against the recent slowdown in retail markets in the US, Australia and Europe. (Sydney Morning Herald -- Business)
Corso's warring restaurants face new threat Mar 13, 2009
Situated metres apart on Manly's prime tourist strip, with a surfwear shop wedged in between, both businesses have large, roped-off clusters of outdoor tables outside their shopfronts. But after a stream of complaints from passers-by who were hassled to enter the restaurants, Manly Council today announced it would strip Watervue and Cristals of their outdoor dining licences if they did not stop spruiking in the next 48 hours. (Sydney Morning Herald -- Australia)
Northern beaches teen on crest of musical wave Aug 27, 2007
At 14, Jordan already has what most wannabe rock stars can only sing into their bedroom mirrors about: a contract with ABC Music, a new EP and impending album of self-penned tracks, trips to Los Angeles to work with Grammy-winning songwriters and sponsorship from a guitar company and a surfwear brand. Not that he is much of a surfer. (Sydney Morning Herald -- Entertainment)
Surfwear rolls in a bit flat for investors Aug 24, 2007
au/news/business/surfwear-rolls-in-a-bit-flat-for-investors/2007/08/24/1187462526627. htmlsmh. (Sydney Morning Herald -- Business)
High hopes for Qantas after flop Jun 1, 2007
Surfwear outfit Billabong yesterday "punted a massive air" with its shares up more than 4 per cent thanks to favourable news out of the US. It appears sportswear has been selling well across the US with Polo Ralph Lauren announcing a 17 per cent rise in profit for its upmarket threads, which are in the same market but rarely worn by those carrying a surfboard. And with surfing/skating sports shoes more in vogue, heavier sports-style shoes made by traditional footwear brands such as Nike are... (Sydney Morning Herald -- Business)
Mambo on block again Jun 1, 2007
MAMBO, the idiosyncratic street and surfwear label, is on the auction block again. The ragtrader behind the surf label famous for its farting dog artwork hopes an overseas group or private equity player will snap up the chance to take it global. (Sydney Morning Herald -- Business)
Bra Boy rides a giant wave of sponsorship opportunity Mar 8, 2007
" Sabre was followed by surfwear brand Analog last November, then by publicly listed Globe last December. While sponsors are re-engaging with Koby and his brothers on the back of a seemingly endless wave of publicity that surrounds the Bra Boys, one sponsor in particular never left the surfer even in his darkest days. Brett Warner spotted Koby's talent early, shaped boards that met the challenge of surfing monster waves and is reaping the benefits of his re-ascending star. "As an international... (The Australian)
