Swell, Inc. engages in online retail of surf clothing, gears, and accessories for men and women in the United States and internationally. Its men’s clothing include tees, tanks, shirts, sweatshirts, sweaters, boardshorts, shorts, pants, and jackets; footwear, including sandals and shoes; and accessories, such as sunglasses, watches, hats, backpacks and luggage, tech accessories, socks, boxers, wallets, and belts. The company’s women’s clothing include swimwear, dresses, tanks, tops and tees, sweaters, sweatshirts and fleece, skirts, pants, shorts, jackets, denim, and intimates; footwear, such as sandals, heels and wedges, boots, shoes, and slippers; and accessories that include jewelry, hats...
121 Waterworks Way
Irvine, CA 92618
Founded in 1999
Billabong Explores Options For Surfstitch And Swell
Feb 6 14
Billabong International Limited (ASX:BBG) has decided to undertake a strategic review of Surfstitch Pty Ltd. and Swell, Inc. Billabong has appointed Guggenheim Securities, LLC to assist in this review. Billabong owns Swell in 100% and is a 51% shareholder in SurfStitch. The joint venture partners that own the remaining 49% in SurfStitch have appointed JP Morgan Australia Limited to represent their interests in the process. The appointed advisors will evaluate a range of options to maximise the value of these businesses, including consideration of conducting an international sale process.
Billabong Seeks Sale Of Surfstitch And Swell
Feb 6 14
Billabong International Limited (ASX:BBG) is seeking to sell Surfstitch Pty Ltd. and Swell, Inc. Neil Fiske, Chief Executive Officer of Billabong said that Billabong had decided to undertake a strategic review of SurfStich and Swell with a view to putting them up for sale. The review was part of Billabong's efforts to consolidate its operations to focus on single-brand retailers. He said SurfStich, which operates in Australia and Europe and Swell, which is focused on North America, would be attractive to prospective buyers. "Given the consistent growth and performance of these assets, we believe that there is an opportunity to progress our mono-brand ecommerce strategy and at the same time unlock value for Billabong shareholders,” he added.