After booking profits, Billabong swings back to loss in H1

Billabong International for its half-year to December 31, 2015 said that total group sales were up 7.6 percent and down 0.8 percent on a constant currency basis. The Group's big three brands grew in wholesale equivalent revenue (including sales to own retail) with Billabong up 2.6 percent, Element up 9.1 percent and RVCA up 20.6 percent on a constant currency basis.