page_title: Billabong (clothing)
hierarchical_section_title: Billabong (clothing)
caption_attribution_description: English: Billabong - Junction 32
context_page_description: Billabong International Limited is an Australian surf company, primarily a clothing retailer that also produces accessories, like watches and backpacks, and skateboard and snowboard products under other brand-names. Founded in 1973 by Gordon and Rena Merchant, the company first traded on the Australian Securities Exchange in 11 August 2000. The name "billabong" is derived from the Wiradjuri word "bilabaŋ" that refers to a "creek that runs only during the rainy season". As of September 2013, Von Zipper, and Element were two of the prominent brands that Billabong owns. Honolua Surf Company, Kustom, Palmers Surf, Xcel, Tigerlily, Sector 9 and RVCA were the company's other brands.
  In 2018 Billabong International Limited was acquired by Boardriders, Inc, owner of rival brand Quiksilver.
  From late 2012 onwards, following the company's decline in the period since 2008, Billabong International has been the subject of several protracted bidding and takeover processes in which the company's former United States chief Paul Naude has been a participant. During one period, Billabong used a corporate turnaround strategy to return the company to profitability, which it achieved in 2014.
context_section_description: Billabong International Limited is an Australian surf company, primarily a clothing retailer that also produces accessories, like watches and backpacks, and skateboard and snowboard products under other brand-names. Founded in 1973 by Gordon and Rena Merchant, the company first traded on the Australian Securities Exchange in 11 August 2000. The name "billabong" is derived from the Wiradjuri word "bilabaŋ" that refers to a "creek that runs only during the rainy season". As of September 2013, Von Zipper, and Element were two of the prominent brands that Billabong owns. Honolua Surf Company, Kustom, Palmers Surf, Xcel, Tigerlily, Sector 9 and RVCA were the company's other brands.
  In 2018 Billabong International Limited was acquired by Boardriders, Inc, owner of rival brand Quiksilver.
  From late 2012 onwards, following the company's decline in the period since 2008, Billabong International has been the subject of several protracted bidding and takeover processes in which the company's former United States chief Paul Naude has been a participant. During one period, Billabong used a corporate turnaround strategy to return the company to profitability, which it achieved in 2014.
  In December 2016, former chief executive Matthew Perrin was found guilty of fraud and forgery by a jury in the District Court in Brisbane, and was sentenced to jail in January 2017.
caption: A store in Glasshoughton, West Yorkshire, England
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