Billabong International and beachculture join forces

1-Dec-2005

Duty-free surfwear retailer beachculture, which has stores at Australia's main airports including Sydney, Melbourne and Perth, has formed a joint venture with Australian surfwear and apparel group Billabong International

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The deal will allow Billabong to increase its presence in the travel-retail market. The firm has a majority stake in the new venture, which covers about 20 stores, seven of

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