Billabong performs best in Europe

2016-09-09T00:00:00

Currency headwinds and higher taxes have wiped out Billabong International's profits, with the company posting a net loss of 23.7 million Australian dollars (€16.1m-$18.0 m) for the financial year ended June 30, 2016, compared with a gain of A$4.2 million in the previous year. Although the Australian surf giant continued to ...

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