SYDNEY—U.S.-based Saban Brands has made its second acquisition of an Australian beachwear label this year, continuing a trend among foreign investors to mine the country for brands they hope will appeal to fashion-conscious shoppers from Los Angeles to Struggling surfwear maker Quiksilver (ZQK) replaced its CEO, the latest move by the company trying to regain its footing after a perilous ride. Pierre Agnes, president of the company’s namesake Quiksilver unit, Friday was named CEO. He replaces former SYDNEY, March 26 Wed Mar 25, 2015 6:54pm EDT The Federal Court of Australia online register said law firm Slater & Gordon Ltd filed a statement of claim a day earlier. A Slater & Gordon spokesperson was not immediately available for comment. The law firm PRESS RELEASE – When Karen Reuther invested and became a board member of the Sri Lankan Surf Company Dunstan surfwear, she knew it was in need of Brand Development and Marketing Leadership, and she knew exactly who to call, Russ Ortiz. Russ received the The weather will be changing soon as Spring and Summer are headed our way. While a lot of us may find that hard to believe still buried under snow, but we promise its coming! Well its time to get prepared and get some new boardshorts in your life. Billabong investors have taken a class action against the Australian surfwear retailer which could be worth hundreds of millions of dollars. Shareholders are arguing Billabong misrepresented its earnings forecasts which led to a massive share price fall .
Struggling surf-wear retailer Billabong said on Thursday it received notice of a shareholder class action lawsuit over market disclosures it made four years ago. The Federal Court of Australia online register said law firm Slater & Gordon filed a statement (Bloomberg) -- Quiksilver Inc. shares plunged 16 percent after the struggling surfwear chain replaced its top executives and restated earnings results. Pierre Agnes, who was Quiksilver’s president, will become chief executive officer immediately, the BILLABONG surfwear founder Matthew Perrin has been given the green light to quiz his ex-wife at his committal hearing to defend a multi-million dollar fraud charge. Brisbane Magistrate Elizabeth Hall on Thursday granted Perrin permission to cross-examine THE ride is almost over for the founders of the surf industry. The wave they caught as amateur but passionate businessmen in the 1960s and rode to spectacular success is over - or, in surfing parlance, it's a close-out. There are three reasons for this. .
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