Don't miss out on the headlines from Business. Followed categories will be added to My News. US-based Liberated Brands, which took over operations of brands including DC Shoes, RVCA, Roxy ...

A stable of iconic Australian-born surf brands is back under local management after the bankruptcy of their former parent company in the US. US-based Liberated Brands, which took over operations ...

But it was the transfer of Billabong shares between two Merchant companies the previous year – which crystallised a $57m capital loss – that sparked the ire of the tax office.

The Gold Coast surfer appealed a decision from May last year which found he’d purposely sold a swag of Billabong shares at a loss in order to avoid tax. The earlier judgment also found he had ...

The sports world often intersects the political landscape, whether serving as relief or added commentary. At the same time, the larger-than-life characters of the athletic cosmos provide just as much ...

EY advised Gordon Merchant on a “desirable structure” for his share sale. The ATO and the courts had a different view. Billabong founder Gordon Merchant is battling the ATO and EY over a $50 million ...

Snakes, stuffed toys, blow-up dolls and a fair bit of cheek. The Billabong Sanctuary staff understood the assignment. SEE THE ICONIC SNAPS. Staff at the beloved wildlife park, which celebrated its ...

Santa Barbara, Huntington Beach, and San Diego are just a few of the beach cities branded with these classic coastal storefronts. While Southern California is certainly a hub for all things surf and ...

Over 100 stores will shutter amid Chapter 11 bankruptcy. Quiksilver, Billabong, and Volcom, known for their surf and skate products, are closing stores in the United States and Hawaii. Former ...