Billabong claims to be turning around

2017-09-04T00:00:00

Billabong International recorded heavy losses for its fiscal year ended June 30, 2017, after writing down the value of several of its brands. It posted a net loss of $77.1 million Australian dollars (€51.3m-$61.3m), compared with a net loss of A$23.7 million a year earlier. But the company said that it ...

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