Ann: Billabong Trading Update , page-58

To the person suggesting Launa doesn't know how to turn around a company in trouble:

"At Target she increased sales by $1 billion and grew Ebit over 85% during same period . Repositioned Target from a low end discount big box retailer to a fashionable, mid market, iconic Australian brand."

She is also a board member on the World Retail Advisory Board and the L'Oreal Melbourne Fashion Festival.

Let's wait and see this Transformation Plan of hers in August.