voluntary and involuntary cessation

voluntary and involuntary cessation
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  • Fall of surf wear giant Billabong
  • Billabong boardshorts just aren't cool anymore
  • That could be a significant problem for our newly listed status on the share market
  • Breaking News: BILLABONG SHARES TUMBLE. Voluntary Administrators called in
  • 1990's
  • 2000's
  • Following rapid growth in the 1980's and early 1990's Billabong surf wear listed on the share market at the same time that their customer 's tastes in their products was changing. Focusing on global expansion and not on customer wants lead to a rapid decline in share price and problems meeting payment deadlines
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