Sponsors
Billabong ▼ -0.010 | PPR - 0 | American Apparel ▼ 0.000 | The Buckle ▲ +0.66 | Columbia ▲ +0.36 | Deckers Outdoor ▲ +1.92 | Dicks ▲ +0.78 | Foot Locker ▲ +1.03 | Genesco ▲ +1.62 | Iconix Brand Group ▲ +0.72 | Jarden Corp ▲ +1.48 | Nordstrom ▲ +1.57 | Luxottica ▲ +0.29 | Nike ▲ +1.74 | Pacific Sunwear ▼ -0.01 | Skullcandy ▲ +0.08 | Sport Chalet - 0 | Urban Outfitters ▲ +0.05 | VF Corp ▲ +2.71 | Quiksilver ▲ +0.07 | Zumiez ▲ +1.26 | Macys ▲ +1.31 | Tillys ▲ +0.26 |
Readers Say
The one, undisputed leader
The one, undisputed leader

It is common knowledge in our industry that there is one undisputed leader in reporting on the topics, businesses and trends that impact all of us the most, and it is shop-eat-surf.com. Their access to those who make our industry happen is second to none, and we value not only the content of their reporting but the editorial thought on what it all means both in the present as well as the future. If we were asked to give a rating, it would be five out of five stars.

- By Craig Levra, CEO, Sport Chalet
I require all our executives to read it
I require all our executives to read it

There is no better publication that I am aware of that is so accurate and on top of any news and developments in our industry. I personally recommend it to many people that want to know and understand more about our industry. For the most part, shop-eat-surf.com gets the stories first. As a matter of fact, I require all the executives in our company to read it.

- By Hezy Shaked, President & CEO, Tilly's
Industry Insight

SDSI recaps FundSource OR success. Four reasons for B2B companies to embrace ecomm from NuORDER.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Billabong completes Surfection acquisition

By Press Releases
September 23, 2011 12:11 AM

Press Release:

 

GOLD COAST, 23 September 2011: Billabong International Limited today moved to 100% control of the Sydney-based retailer Surfection, a business previously operated under a joint venture between the Billabong Group and interests associated with retailer Chris Athas.

 

The acquisition was funded through the issue of 1,064,516 new ordinary shares in Billabong International Limited at an issue price of $3.72 per share. The issued shares are subject to voluntary escrow for a period of three years from today.

 

The original joint venture with Surfection was announced by Billabong in August 2010. Mr Athas, one of the most experienced boardsport retailers in Australia, remains as the manager of the Surfection business as part of a broader role that includes management of the Billabong Group's Surf Dive ‘n’ Ski and Jetty Surf retail banners in Australia. www.billabong.com

 

 


More on: Billabong, Surfection

Articles You Might Have Missed