×
1 192
Fashion Jobs
ESTÉE LAUDER
Clinique - Consultant - Boots Chelmsford - 15 Hours - Permanent
Permanent · Chelmsford
SHISEIDO
Field Trainer & Events Manager - Laura Mercier
Permanent · London
SHISEIDO
Bareminerals Account Manager - Boots, Croydon (26 Hours)
Permanent · Grand Londres
SHISEIDO
Bareminerals Account Manager - Boots, Kingston (18.75 Hours)
Permanent · Grand Londres
ESTÉE LAUDER
Clinique - Consultant - Boots, Brent Cross - 6 Hours - Part Time, Permanent
Permanent · London
CONFIDENTIAL
Business Head- Retail
Permanent · DUBAI
THE NORTH FACE
Credit Controller - German Speaking - The North Face
Permanent · CALVERTON
LEVI'S
Senior Product Manager, Digital Partner Selling
Permanent · London
LEVI'S
Ecommerce Project Manager
Permanent · London
LEVI'S
Ecommerce Business Analyst
Permanent · London
SHISEIDO
Brand Manager Nars
Permanent · London
THE NORTH FACE
Credit Controller - Italian Speaking - The North Face
Permanent · CALVERTON
BURBERRY
Account Executive Wholesale - Department Stores
Permanent · LONDON
ESTÉE LAUDER
Adf, Labseries, Glamglow, Smashbox - Senior National Account Manager
Permanent · London
NEW BALANCE
Emea Direct to Consumer Category Merchandising Manager, Apparel & Accessories
Permanent · Warrington
TIMBERLAND
HR Partner, Retail
Permanent · LONDON
NEW BALANCE
Emea Logistics Manager
Permanent · Warrington
ESTÉE LAUDER
Clinique - Consultant - Boots, Glasgow Braehead - 16 Hours - Part Time, Permanent
Permanent · Glasgow
ESTÉE LAUDER
Clinique - Consultant - Boots, Livingston - 15 Hours - Part-Time - Permanent
Permanent · Livingston
NAPAPIJRI
Credit Controller - Napapijri - 12 Month Ftc
Permanent · CALVERTON
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Edinburgh - 12 Hours - Part-Time, Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Boots-Birstall, Leeds - 7.5 Hours - Part Time, Permanent
Permanent · Leeds
Advertisements
Published
Feb 23, 2011
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Billabong announces 16% rise in sales during first semester

Published
Feb 23, 2011

Billabong International Limited, a group that carries labels such as Billabog, Element and Sector 9 under its wings, has just published the results for the first 6 months of fiscal 2010/11 (ended on December 31st 2010), showing a 16% increase in sales. So far, Billabong has obtained a total turnover of 618 million euros (835 millions de dollars australiens), but the company expects that number to reach 1.3 billion by the end of the fiscal year (June 30th 2011).

Billabong
Billabong

In Europe, sales figures are currently 14.3% higher (116 million euros). This growth was driven mainly by brands Elements, Nixon and DaKine in France, Germany and Central Europe and Billabong in Spain.

Globally, the good sales results can be partly explained by Billabong’s acquisition of West 49, a Canadian retail chain specialised in extreme sports apparel. This purchase allowed the Australian group to boost its sales to 302 million euros (+38%) in America, which has now become its second largest market and has figures that are not very far off from the ones in its domestic market. In fact, net income fell by 9% at a constant exchange rate (18% at a floating XRT) because of a weaker demand from Australian buyers and a stronger Australian dollar. Sales in the Asia-Pacific region are nevertheless up 13% to 199 million euros.

On December 31st 2010, the number of stores run by Billabong International Limited amounted to 635, against 380 units in June. This increase in numbers also reflects the company’s buyout of store chains West 49, SDS/Jetty Surf and Rush Surf, which now represent around 40% of the group’s total sales.

Copyright © 2021 FashionNetwork.com All rights reserved.