By Andrew Asch | August 21, 2014
Australian surfwear giant Billabong International Ltd. announced on Aug. 20 that it will sell its e-commerce businesses, Swell.com, headquartered in Irvine, Calif., and SurfStitch.com, which is based in Australia.
Jennifer Ehrhardt has been named chief financial officer of Irvine, Calif.–based teen surf chain Tilly’s, succeeding Bill Langsdorf, who announced his retirement earlier in the year.
B.Riley & Co. forecast that sales will be weak for the Back-to-School season, and an analyst for the Los Angeles–based financial-services company cut his rating for Quiksilver Inc. from “buy” to “neutral.”
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Paul Naude, Billabong International Ltd.’s longtime director and president of Billabong’s Irvine, Calif.–based Americas division, resigned from the surfwear giant.
Taryn Corby Hawk, 35, died in a motorcycle accident July 26 after he left the Agenda trade show in Long Beach, Calif.
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Surfwear giant Quiksilver splashed and crashed in a trademark infringement case that pitted its relatively new VSTR apparel line promoted by surfer Kelly Slater against a similar clothing label called Visitor.
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Former Oakley CEO Scott Olivet named CEO and managing director of surf giant Billabong International Ltd., which sold its Dakine brand as part of the deal.
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