Billabong, the Queensland based surfwear brand and one time backpack du jour of Australian school kids everywhere circa 1995-2005, has posted a full year loss of $275.6 million, a 331% drop from ...

Yahoo Finance reports Liberated Brands, which operated Billabong, Roxy, Quiksilver, and Volcom, has filed for Chapter 11 bankruptcy in Delaware. Liberated said it would close 120 stores in the U.S ...