{"id":14093,"date":"2010-02-19T08:06:28","date_gmt":"2010-02-19T16:06:28","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=14093"},"modified":"2010-02-22T10:25:23","modified_gmt":"2010-02-22T18:25:23","slug":"billabong-not-bummed-about-6-us-drop","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=14093","title":{"rendered":"Billabong Not Bummed About 6% US Drop"},"content":{"rendered":"<p><a href=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/12\/billabong_logo-1.jpg\" onclick=\"window.open('http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/12\/billabong_logo-1.jpg','popup','width=210,height=35,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2010\/02\/billabong_logo-1-tm.jpg\" height=\"33\" width=\"200\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"Billabong Logo-1\" \/><\/a><strong><a href=\"http:\/\/www.billabong.com\/\" target=\"_blank\">Billabong<\/a><\/strong> sales in the US dropped by 6 percent but CEO <strong>Derek O&#8217;Neill<\/strong> says that&#8217;s actually not that bad considering the economy and currency fluctuations, according to a story in <strong><em><a href=\"http:\/\/www.theaustralian.com.au\/business\/surfwear-retailer-billabong-rides-offshore-storm\/story-e6frg8zx-1225832371325\" target=\"_blank\">The Australian<\/a><\/em><\/strong>.<\/p>\n<blockquote><p>&#8220;There are a lot of other companies in our sector which wouldn&#8217;t have minded a drop of only 6 per cent in America,&#8221; Billabong chief Derek O&#8217;Neill said yesterday. &#8220;It got better in November and December, but in the early months &#8212; July and August &#8212; conditions were very tough in the US.&#8221;<\/p><\/blockquote>\n<p>But none of this has caused Billabong to cut back on the 5 percent growth they are estimating for the year.<\/p>\n<blockquote><p>Mr O&#8217;Neill said the company did not expect a strong sales burst but it was counting on increased margins for it to meet its profit guidance after cost-cutting in the second half of last year, particularly in the US.<\/p><\/blockquote>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.theaustralian.com.au\/business\/surfwear-retailer-billabong-rides-offshore-storm\/story-e6frg8zx-1225832371325\" target=\"_blank\">The Australian<\/a><\/strong> and <strong><a href=\"http:\/\/www.businessweek.com\/news\/2010-02-19\/billabong-profit-falls-15-on-currency-u-s-slowdown-update3-.html\" target=\"_blank\">BusinessWeek<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billabong sales in the US dropped by 6 percent but CEO Derek O&#8217;Neill says that&#8217;s actually not that bad considering the economy and currency fluctuations, according to a story in The Australian. &#8220;There are a lot of other companies in our sector which wouldn&#8217;t have minded a drop of only 6 per cent in America,&#8221; [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/14093"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14093"}],"version-history":[{"count":2,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/14093\/revisions"}],"predecessor-version":[{"id":14151,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/14093\/revisions\/14151"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14093"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}