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Billabong's sale of the West 49 retail chain was announced on November 4, 2013, with fashion retailer YM Inc. identified as the buyer. West 49 will be sold for approximately CAD$9–11 million after Billabong originally paid CAD$99 million in 2010. The ownership of 92 West 49 retail stores, located across Canada, will be transferred through the ...
The partial sale would give about US$285 (or A$265.78) million in net proceeds to Billabong. Proceeds from the sale will be used to reduce debt. [25] In February 2012, TPG Capital made two takeover proposals, neither of which was accepted. [27] Billabong announced that Gordon Merchant, who owns 15% of the company's shares, had rejected both the ...
The Surf Dive’n Ski stores were later sold to the Smorgon / Jetty Surf Group in 2005, and were later sold to Billabong. The international company acquired the retail stores, numbering 38 at the time of sale, for "$35 to $45 million" [4] on 1 November 2010—two licensed Billabong stores were also included as part of the sale. [5]
This sale has been wildly popular with our readers this year, so shop before things start to fall out of stock. $130 at Nordstrom. Getty images. 50% off frames at GlassesUSA. $39 $96 Save $57.
Hurley is an American company that sells clothes and accessories marketed towards surfing and swimming. Established in 1979 as a distributor for Billabong clothing in the United States, Hurley was sold to Nike, Inc. in 2002 for an undisclosed price and then to Bluestar Alliance LLC in 2019 for an undisclosed price.
Case in point: Two of our very favorite gifts for kids and grandkids are still on sale for the same price they've been for a couple of weeks, including the Barbie Pool Party Dreamhouse (was $200 ...