EY advised Gordon Merchant on a “desirable structure” for his share sale. The ATO and the courts had a different view.

Billabong founder Gordon Merchant has lost the bulk of his latest appeal against a $50m tax bill in a civil case that’s exposed roiling tensions at the top of the surfwear company in the years before ...

Billabong is basically worthless, brah. The Australian surf company said Tuesday it lost A$860 million in the year that ended in June, way more than the A$547 million loss analysts surveyed by ...

Three major surf retail stores, Quicksilver, Billabong and Volcom are closing nationwide as the parent company, Liberated Brands, filed for Chapter 11 bankruptcy earlier this week. A rise in ...

Gillian Tan wrote about deal financing, leveraged buyouts and mergers and acquisitions for The Wall Street Journal in New York.

Through the deal, subsidiary BR South Pacific will transition and manage operations for multiple sports and outdoor brands ...

A stable of iconic Australian-born surf brands is back under local management after the bankruptcy of their former parent ...

Bhopal: Three students jointly posted the highest ISC score from the city as the CISCE announced its examination results on ...

Billabong has recently failed to renew contracts with surfers who had a combined 60 years of service with the brand. The cutting of some of its longest serving athletes, along with some of its ...