Yeah they're not the same shirt...
No one is forcing you to buy it.. If you don't want to buy it, don't , it's simple.
Without wanting to detract from what Merchant achieved , Billabong is now chaired by EX Fosters CEO Ted Kunkel and run by a lady who used to head up Target.
I reckon its fate was neatly summed up by one retailer who noted "once a kid sees his father wearing a youth brand , the game is pretty well over"......
Apologies for referring Perrin as one of the founders. Perrin was the CEO. Slap on the wrist for not actually researching and just going off memory of very old news. ![]()
Why not make it really Australian ...Simply the solution to billabong is bring another dozen 457 visa workers in In-fact send them by the boat load .We could start a sweatshop rite here in our own backyard.
This how it works peeps.
By a ticket to Bali, seen some the other day for $90 return leave friday back monday.
Find a cheap hotel, $150 for 3 nights will get ya into Barong on Poppies with breaky, walk up to reception and ask but. Got a few good deals doing it that way.
If ya book online you cant barta so try ya luck and just show up.
SURF as much as ya can and pig out on satay sticks and nasi goerang.
And the big catch here is, for the price of one Billabong top you can get 10 in Bali and get em to throw in a happy ending.
$500 max would do it and you will have a blast.
^^^^^^^I'm sure he is aware of that baba. Perhaps he decided he didn't want to drop down to the level of this misinformed bullsh1t thread. ![]()
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Hot off the press.
TPG is back with another takeover offer.
Last one was at $3.30 or thereabouts.
This mornings offer is at $1.45, share price is $1.10. This will be interesting.....
No ones would say profit is bad or that any one wishes billabong to be gone!
My issue with the company would be in there work practices:
Reps and (ass lick) middle management and there push for rack space with dodgy" order X% more or you cant have any of our brands" while they buy or build another one of there chain stores opposite the retailer. Or even better; surf hardware company wont sell their brand to BB, "well teach you a lesson" well just sell our product at little over cost price to drive you out of the market place.
my particular favorite story is promoting in house sales " what no formal qualification or experience, but you dress snazzy - why dont you become a designer""
Everyones a genius in the company when there product/trend is walking out the door. But when harsh reality sets in, no ones necking down tequila at 10 in the morning celebrating there wisdom.
Going public just so the ex missus can buy a golf course, sort of sets the tone for a **** fight.
I feel sorry for the landscapers at gordens places. No more tearing out and replanting the trees!!!!![]()
$199 on the quicky web site for the non believers.
Still not sure who's buying this gear though. Billabong have a similar pair for $140 on their site. Stretchy or some similar gimmick.
Even $140 bucks is way more than I would pay for a pair of boardies![]()
W.
So who bought in at the bottom and cashed in this arvo? Given the borked at the $3-ish offer from TPG in Feb who thinks they would actually fold at $1.45?
It's fairly interesting if you look at who's been buying selling big chunks of the stock recently. Merchant increased his share significantly at the beginning of the month, so did CBA...to be fair their share price had just fallen off the cliff at the time.
Market is so schizophrenic at the moment.
www.google.com/search?q=ASX:BBG&tbm=fin&gws_rd=ssl
shares up 19.5% today....
check the volume of shares being sold
Bought a pair of Billabongs boardies for about $100 because i thought they were quality 1 tragic landing the next week and I turned them into a kilt, the stitching just fell apart rang Billabong not interested I will go to Bali and buy cheapies that I can afford to throw away