The sooner they clean out the entire Australian mgnt including the company cfo the better.
They are all toxic.
They are the worst retailers in the industry.
The brands billabong owns are actually on the up around the globe and product is the best it has ever been, but the Australian mgnt team continue to make a good thing very bad.
They make every excuse possible for bad performance but the truth is they are the problem
How is it that rythum and globe can have strong sales but billabong have sales going backwards.... how you ask, the answer very bad Australian mgnt
Niel fiske is a good operator but he is being feed rubbish by Australian mgnt
I hold because I hope the CEO clears the decks and I believe the value of the brands is greater than the current EV of the company
BBG Price at posting:
$1.28 Sentiment: Buy Disclosure: Held