Queensland-based Billabong suffered a $58m wipeout last year, triple its loss for 2016. The company sells clothing under eight different brands and sponsors surf events around the world.

Founded by Gordon Merchant in 1973, Billabong helped sell Australian surfing culture worldwide ... value was locked up in the DaKine outdoor clothing and backpack label which Billabong sold ...

And recently, a surge whipped through the OG surf brand lineup, knocking many offboard and astray. Authentic Brands Group (ABG) – which owns Billabong, Volcom, RVCA, Quiksilver, Roxy, ...

Billabong has reported a net loss of $126.29 million for the six months to December 31, much less than its $536.64 million loss in the previous corresponding period. The surfwear company’s ...