SYDNEY — Billabong International Ltd confirmed today it has entered into exclusive talks with a consortium comprised of Sycamore Partners and its former head of the Americas division, Paul Naudé, to acquire the company for 285 million Australian dollars, or $296 million at current exchange.
The exclusivity will last 10 business days. Sycamore and Naude's bid is 60 Australian cents per share, or 62 cents.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"