![A Billabong employee arranges a flag in the main company store in central Sydney August 27, 2012. Australian surfwear company Billabong International outlined a turnaround strategy to help it fend off a A Billabong employee arranges a flag in the main company store in central Sydney August 27, 2012. Australian surfwear company Billabong International outlined a turnaround strategy to help it fend off a](https://c8.alamy.com/comp/2D0N4E7/a-billabong-employee-arranges-a-flag-in-the-main-company-store-in-central-sydney-august-27-2012-australian-surfwear-company-billabong-international-outlined-a-turnaround-strategy-to-help-it-fend-off-a-a694-million-723-million-private-equity-bid-even-as-it-posted-a-collapse-in-second-half-profit-on-monday-reutersdaniel-munoz-australia-tags-business-2D0N4E7.jpg)
A Billabong employee arranges a flag in the main company store in central Sydney August 27, 2012. Australian surfwear company Billabong International outlined a turnaround strategy to help it fend off a
![A Billabong employee opens the company store in central Sydney August 27, 2012. Australian surfwear company Billabong International outlined a turnaround strategy to help it fend off a A$694 million ($723 million) A Billabong employee opens the company store in central Sydney August 27, 2012. Australian surfwear company Billabong International outlined a turnaround strategy to help it fend off a A$694 million ($723 million)](https://c8.alamy.com/comp/2CXN47F/a-billabong-employee-opens-the-company-store-in-central-sydney-august-27-2012-australian-surfwear-company-billabong-international-outlined-a-turnaround-strategy-to-help-it-fend-off-a-a694-million-723-million-private-equity-bid-even-as-it-posted-a-collapse-in-second-half-profit-on-monday-reutersdaniel-munoz-australia-tags-business-2CXN47F.jpg)
A Billabong employee opens the company store in central Sydney August 27, 2012. Australian surfwear company Billabong International outlined a turnaround strategy to help it fend off a A$694 million ($723 million)
![Billabong in Asia, sport clothes brand Store facade, Kyoto, Japan, 3 august 2019 Stock Photo - Alamy Billabong in Asia, sport clothes brand Store facade, Kyoto, Japan, 3 august 2019 Stock Photo - Alamy](https://c8.alamy.com/comp/2A6P6DA/billabong-in-asia-sport-clothes-brand-store-facade-kyoto-japan-3-august-2019-2A6P6DA.jpg)