DHD & MODOM LAUNCH CAPITAL FUNDRAISER
ASB MAGAZINE: DHD and Modom have launched a crowd funding campaign with innovative online equity firm Equitise. Equity crowdfunding became accessible to all Australian’s over the age of 18 in January…
BBG DELISTED FROM ASX
ASB MAGAZINE: In another step towards the integration and Scheme of Implementation of Billabong within the Boardriders Inc family, Billabong International Limited (BBG ticker) will be removed from the official…
⚡️PROFESSIONAL EDITION⚡️ WAS SURFSTITCH AN EZIBUY FOR ALCEON? By Ed Prendergast
What a ride it has been! At its peak in 2015 Surfstitch was valued at over $500m, and was able to raise $50m in no time to fund a…
SURFSTITCH STATEMENT ON NEW OWNERSHIP
ASB MAGAZINE: SurfStitch Australia Pty Ltd is pleased to announce the completion of a Sale and Purchase Agreement (SPA) between Alceon Group and SurfStitch Group Administrators. The SurfStitch acquisition…
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⚡️PROFESSIONAL EDITION⚡️BOARDRIDERS🇦🇺 – THE FIRST THREE MONTHS. Exclusive Interview with Dave Tanner and Greg Healy.
BILLABONG SHAREHOLDERS APPROVE INCREASED OFFER FROM BOARDRIDERS
ASB MAGAZINE: Billabong International Limited has announced that at the Scheme Meeting held today, Billabong shareholders approved the scheme of arrangement under which Boardriders, Inc. will acquire all of the shares…
BBG TRADING HALT: OAKTREE UPS BID FROM $1 TO $1.05
ASB MAGAZINE: The securities of Billabong International Limited will be placed in Trading Halt at the request of the Company, pending the release of an announcement by the Company later…
Boardriders Reaffirms Billabong Acquisition is Best Value for Shareholders
ASB MAGAZINE: Boardriders Inc., reaffirmed that its proposed acquisition of Billabong International is in the best interest of all shareholders. Today’s announcement comes ahead of a shareholder vote scheduled to…
SECRET MACHINE: Globe’s Half Year Results
Globe’s recent profit release confirmed a 28% recovery in profits despite flat sales revenue in the six months to December. As usual, Globe was quiet on details, making it hard…
⚡️PROFESSIONAL EDITION⚡️TALE OF THE TAPE: VAN’S VERSUS VOLCOM
Both Vans and Volcom are interesting case studies in how brands can either succeed, or disappoint within large corporate engines. In recent years Volcom has floundered, while Vans has grown non-stop.…
ALL EYES ON BILLABONG’S HALF YEAR RESULTS
All eyes were on Billabong’s Half Year performance and CEO and CFO presentations today as they will paint a clearer picture for shareholder approval of the Scheme of Arrangement and Boardriders Inc bid…
UPDATE: BOARDRIDERS BID GIVEN GREEN LIGHT
ASB MAGAZINE: Boardriders, Inc. bid for Billabong took another step forward today when the Federal Court ordered that a meeting of Billabong shareholders be convened on the 28th of…
WHY BOARDRIDERS INC. ACQUISITION OF BILLABONG LOOKS CERTAIN.
ASB MAGAZINE: There’s been a lot of external commentary around Boardriders Inc. acquisition of Billabong International, but since the deal was announced, there’s been radio silence from Boardriders and Billabong…
GoPro Cuts Workforce and Seeks Investor
ASB MAGAZINE: GoPro has stopped production of its Drone Karma and plans to cut more than 250 jobs or one-fifth of its entire workforce. CEO Nick Woodman also confirmed to American…
BREAKING: Kering to cut Volcom and Puma.
ASB Magazine: Kering, the Pinault family-owned group is withdrawing from the sports-lifestyle segment, announcing its plan to cut its majority stake in both Volcom and Puma to focus on its…
WOW. Boardriders Inc. Announces Acquisition of Billabong
ASB MAGAZINE: There’s been a seismic shift overnight, and never in our wildest imagination did we dare to dream that Boardriders Inc (the parent co of Quiksilver, Roxy and DC)…
BILLABONG RECEIVES TAKEOVER PROPOSAL FROM BOARDRIDERS, INC
BREAKING: Billabong International Limited (Billabong) (ASX: BBG) confirmed that it has received a confidential, indicative and non-binding proposal from Boardriders, Inc. (Boardriders) to acquire all of the shares in Billabong,…
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BILLABONG RESPOND TO COVENANT BREACH WITH CENTERBRIDGE/OAKTREE DEBT
ASB MAGAZINE: Billabong has recently received queries from some shareholders in relation to the financial covenant contained in Billabong’s senior secured loan facility provided by entities affiliated with Centerbridge Partners,…
