Billabong International has decided to write off 11.7 million Australian dollars (€7.9m-$9.3m) from its accounts for the financial year ended this past June 30 in connection with the termination of its agreement with an omni-channel solution provider. In announcing its results for the first six months, the company had already mentioned problems with the implementation of new e-commerce and point-of-sale systems. Billabong says it will use a cloud computing solution and other advanced technologies to launch a first new e-commerce website, Surf Dive'n' Ski, before the end of the current calendar year.

Topics